Cost of living comparison
Panama City is 39.3% more expensive than Guatemala City.
If you lived in Panama City instead of Guatemala City, you would:
pay 74.8% more for restaurants
|
Guatemala City
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.15
GTQ39.57
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.37
GTQ48.97
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.16
GTQ8.90
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$0.91
GTQ6.97
|
$1.41
PAB1.41
|
|
pay 9.4% more for groceries
|
Guatemala City
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.24
GTQ24.90
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$3.39
GTQ26.03
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$7.37
GTQ56.69
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$2.57
GTQ19.75
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$3.42
GTQ26.33
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$1.67
GTQ12.81
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.74
GTQ5.71
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$1.55
GTQ11.90
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$0.91
GTQ7.01
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$0.84
GTQ6.43
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$1.11
GTQ8.50
|
$1.15
PAB1.15
|
|
pay 44.0% more for transportation
|
Guatemala City
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.13
GTQ31.76
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$13.42
GTQ103.22
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,009.72
GTQ138,490.16
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$8.75
GTQ67.27
|
$16.71
PAB16.71
|
|
pay 63.4% more for housing
|
Guatemala City
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$43.14
GTQ331.72
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$647.65
GTQ4,980.23
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$347.33
GTQ2,670.88
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.31
GTQ463.75
|
$94.84
PAB94.84
|
|
pay 91.1% more for childcare
|
Guatemala City
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$217.77
GTQ1,674.60
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$5,593.73
GTQ43,014.38
|
$10,092.67
PAB10,092.67
|
|
pay 6.0% more for entertainment and sports
|
Guatemala City
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.22
GTQ24.73
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$3.31
GTQ25.42
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.60
GTQ27.70
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$55.94
GTQ430.19
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$7.72
GTQ59.35
|
$7.00
PAB7.00
|
|
pay 13.6% less for clothing
|
Guatemala City
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.50
GTQ365.27
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$55.74
GTQ428.66
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$120.06
GTQ923.27
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$118.99
GTQ915.02
|
$108.75
PAB108.75
|
|
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