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Cost of living in Guatemala

Average monthly spending, by standard of living, by category, and against other countries

#23 priciest in Latin America

Monthly cost

GTQ 2,650

what a typical person spends

Spending by standard of living

poorest 20%
GTQ 876
richest 20%
GTQ 9,630

Guatemala runs cheap on the back of its own land and its own labor. Wages are low and much of daily life is produced close to home, so a modest life there is genuinely within reach. But the country is split hard down the middle — what a comfortable life costs and what bare survival costs lie at opposite extremes.

Where people spend money in Guatemala

Most of a Guatemalan month goes on food. Groceries lead, rent stays surprisingly modest, and getting around claims a real share — transport earns its own line because daily travel and distance add up. Food and fares are the hard-to-avoid part; housing is where the budget gets a little breathing room.

share of monthly spending
Groceries
GTQ 96036%
Housing
GTQ 29011%
Transport
GTQ 28211%
Other
GTQ 28211%
Dining out
GTQ 2218%
Home & household
GTQ 1686%

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What it costs to live in Guatemala

Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Guatemala and how much you could have left each month

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Cost of living in Guatemala

GTQ 876/mo

vs GTQ 6,100 in your country

Take-home

GTQ 2,420

vs GTQ 9,140 in your country

Potential savings

GTQ 1,540

more than in your country

Standard of living

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How living costs in Guatemala compare

Guatemala comes in below most of Latin America on cost, one of the more affordable countries in an already affordable region. Yet set against the world it still lands in the middle rather than the bottom — cheap by neighborly standards, ordinary by global ones, and kinder to a budget than that world-middle ranking might first suggest.

monthly spend · % vs Guatemala
1Costa Rica
GTQ 5,810+119%
2Mexico
GTQ 5,260+98%
3Guatemala
GTQ 2,650
4Belize
GTQ 2,490-6%
5El Salvador
GTQ 2,390-10%
6Honduras
GTQ 1,400-47%
7Nicaragua
GTQ 1,200-55%

Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), category breakdown 2023 (United Nations Statistics Division), adjusted to 2026 using IMF GDP-per-capita growth

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Frequently asked questions

What is the cost of living in Guatemala?

A typical person in Guatemala spends about GTQ 2,650 a month — around GTQ 31,800 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.

What is the cost of living in Guatemala in US dollars?

The cost of living in Guatemala is about $348 a month, or roughly $4,176 a year per person.

How much money do you need to live comfortably in Guatemala?

It all depends on your standard of living. A modest budget runs about GTQ 876 a month per person, a typical one around GTQ 2,650, and a comfortable life around GTQ 4,070. In big cities and for a family, costs are usually higher.

What do people spend the most on in Guatemala?

The biggest expense is groceries, at about GTQ 960 a month (36% of spending). Then come housing (GTQ 290, 11%) and transport (GTQ 282, 11%).

Is the average salary in Guatemala enough to live on?

In most cases yes, but without much of a cushion. Average spending is about GTQ 2,650 a month, while the average take-home pay in Guatemala is about GTQ 3,610. For more on incomes, see salaries in Guatemala.

Is Guatemala an expensive country to live in?

Somewhat. Guatemala is more expensive than 49% of countries worldwide and ranks 23rd of 33 in Latin America by cost of living.

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Living in Guatemala

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