Cost of living in Panama City, Panama vs Antigua Guatemala, Guatemala
Currency:
Food | + 33% | |||
---|---|---|---|---|
Food in Panama City (Panama) is 33% more expensive than in Antigua Guatemala (Guatemala) | ||||
Basic lunchtime menu (including a drink) in the business district | 13 B/. (Q103) | Q45 | + 129% | |
Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (Q56) | Q44 | + 28% | |
500 gr (1 lb.) of boneless chicken breast | 3.07 B/. (Q24) | Q30 | - 21% | |
1 liter (1 qt.) of whole fat milk | 1.47 B/. (Q11) | Q12 | - 7% | |
12 eggs, large | 2.81 B/. (Q22) | Q19 | + 14% | |
1 kg (2 lb.) of tomatoes | 2.71 B/. (Q21) | Q10 | + 102% | |
500 gr (16 oz.) of local cheese | 6 B/. (Q46) | Q50 | - 7% | |
1 kg (2 lb.) of apples | 3.22 B/. (Q25) | Q21 | + 20% | |
1 kg (2 lb.) of potatoes | 2.00 B/. (Q15) | Q5.43 | + 185% | |
0.5 l (16 oz) domestic beer in the supermarket | 1.04 B/. (Q8) | Q11 | - 24% | |
1 bottle of red table wine, good quality | 10 B/. (Q75) | Q69 | + 8% | |
2 liters of coca-cola | 2.22 B/. (Q17) | Q19 | - 9% | |
Bread for 2 people for 1 day | 1.61 B/. (Q12) | Q8 | + 46% | |
Housing | + 39% | |||
Housing in Panama City (Panama) is 39% more expensive than in Antigua Guatemala (Guatemala) | ||||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,323 B/. (Q10,238) | Q5,984 | + 71% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 911 B/. (Q7,050) | Q4,538 | + 55% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 112 B/. (Q868) | Q885 | - 2% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 986 B/. (Q7,626) | Q4,000 | + 91% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 653 B/. (Q5,055) | Q3,209 | + 58% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 96 B/. (Q744) | Q333 | + 123% | |
Internet 8 mbps (1 month) | 40 B/. (Q310) | Q381 | - 19% | |
40” flat screen tv | 401 B/. (Q3,100) | Q3,250 | - 5% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 124 B/. (Q963) | Q851 | + 13% | |
Laundry detergent (3 l. ~ 100 oz.) | 6 B/. (Q50) | Q65 | - 23% | |
Hourly rate for cleaning help | 5.98 B/. (Q46) | Q22 | + 113% | |
Clothes | + 3% | |||
Clothes in Panama City (Panama) is about the same as in Antigua Guatemala (Guatemala) | ||||
1 pair of jeans (levis 501 or similar) | 48 B/. (Q370) | - | - | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 34 B/. (Q265) | - | - | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 69 B/. (Q533) | Q577 | - 8% | |
1 pair of men’s leather business shoes | 80 B/. (Q616) | Q400 | + 54% | |
Transportation | - 4% | |||
Transportation in Panama City (Panama) is about the same as in Antigua Guatemala (Guatemala) | ||||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 19,059 B/. (Q147,454) | Q130,000 | + 13% | |
1 liter (1/4 gallon) of gas | 0.67 B/. (Q5.19) | Q21 | - 76% | |
Monthly ticket public transport | 37 B/. (Q282) | Q120 | + 135% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 12 B/. (Q94) | - | - | |
Personal Care | + 48% | |||
Personal Care in Panama City (Panama) is 48% more expensive than in Antigua Guatemala (Guatemala) | ||||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (Q70) | Q50 | + 41% | |
1 box of antibiotics (12 doses) | 23 B/. (Q179) | Q25 | + 608% | |
Short visit to private doctor (15 minutes) | 42 B/. (Q322) | Q200 | + 61% | |
1 box of 32 tampons (tampax, ob, ...) | 4.39 B/. (Q34) | Q80 | - 58% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.60 B/. (Q28) | - | - | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.71 B/. (Q44) | Q37 | + 19% | |
4 rolls of toilet paper | 2.20 B/. (Q17) | Q16 | + 9% | |
Tube of toothpaste | 2.57 B/. (Q20) | Q10 | + 99% | |
Standard men's haircut in expat area of the city | 15 B/. (Q118) | Q70 | + 68% | |
Entertainment | + 29% | |||
Entertainment in Panama City (Panama) is 29% more expensive than in Antigua Guatemala (Guatemala) | ||||
Basic dinner out for two in neighborhood pub | 32 B/. (Q249) | Q151 | + 65% | |
2 tickets to the movies | 12 B/. (Q91) | Q119 | - 24% | |
2 tickets to the theater (best available seats) | 45 B/. (Q348) | Q100 | + 248% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 55 B/. (Q424) | Q254 | + 67% | |
1 cocktail drink in downtown club | 10 B/. (Q75) | Q41 | + 81% | |
Cappuccino in expat area of the city | 4.84 B/. (Q37) | Q22 | + 73% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 3.83 B/. (Q30) | Q23 | + 26% | |
Ipad wi-fi 128gb | 519 B/. (Q4,012) | - | - | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.24 B/. (Q1.82) | - | - | |
1 month of gym membership in business district | 48 B/. (Q368) | Q270 | + 36% | |
1 package of marlboro cigarettes | 5.49 B/. (Q42) | Q27 | + 56% | |
TOTAL | + 24% |

These prices were last updated on March 06, 2021.
Exchange rate:
7.737
GTQ
/
PAB
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Cost of living in Panama City (Panama) is 24% more expensive than in Antigua Guatemala (Guatemala)
For example, you would need at least Q19,858 (2,567 B/.) in Panama City to maintain the same standard of living that you can have with Q16,000 in Antigua Guatemala.
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