Guatemala City is the capital and largest city of the Republic of Guatemala. Guatemala City is the economic, governmental and cultural capital of the Republic, and considered by many, an economic capital of Central America. Guatemala is in Central America, bordering the North Pacific Ocean, between El Salvador and Mexico, and bordering the Gulf of Honduras (Caribbean Sea) between Honduras and Belize. The climate is tropical. It is hot and humid in the lowlands and cooler in the highlands. The official language is Spanish. English is spoken by many Guatemalan businesspeople and top government officials, however for important business dealings visitors will need fluent Spanish or a competent interpreter. The main religions are Christianity and indigenous Mayan beliefs. The economy of Guatemala has a GDP per capita roughly one-half that of Argentina, Brazil, and Chile. Coffee, sugar, and bananas are the main products. In Guatemala tourism is a significant source of income, as a result expatriates are warmly welcomed. Guatemalans place importance on personal honour. Avoid publically criticising or embarrassing anyone. Expatriate business dress is typically a suit for men, a dress or skirt and blouse for women. The security risk for expatriates in Guatemala is medium overall, but high in Guatemala City. Risks include violent and petty crime, kidnapping (including expatriates), highway robberies, and risks associated with protests which can become violent. Other risks include travel, due to the poor quality of roads and poor infrastructure, earthquakes and volcanic eruptions, hurricanes, heavy rains and landslides. The currency of Guatemala is the Guatemalan Quetzal (GTQ). While ATMs are available not all international cards are accepted. Major credit cards are accepted at some shops and restaurants. Medical facilities funded by the state are generally very poor. Serious or complex medical treatment requires evacuation which can be expensive. Cases of Zika and Chikungunya virus have been reported and Dengue fever is common. The population of Guatemala City is 2.9 Million (2019 est.), while the inflation rate (CPI) is 43696% for 3.01 as at July 2019. Xpatulator Hypothetical Tax for Guatemala is based on the current personal income tax rates which are progressive up to 7%.
Cost Of Living
The cost of living for expatriates / professional migrants in We have collected prices for the same items, world wide, based on Expat spending norms, in or closest to the location, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Guatemala City is as follows: Guatemala City as at 1 November 2019 is average in comparison to other places in the world. 1) Alcohol and/or Tobacco: for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1000 in New York costs USD$750. Average price in a store for a midrange bottle of wine is USD$7.78, domestic/local beer (500ml) USD$1.56, imported/international beer (330ml) USD$2.27 and a pack of 20 cigarettes is USD$3.28. 2) Clothing: for items such as business, casual and children's clothing and footwear. A basket costing USD$1000 in New York costs USD$790. Average price for an international brand of mens jeans is USD$55, a quality international brand of running shoes USD$90, mens leather shoes suitable for office wear USD$94 while a medium size international summer dress from a global chain store is USD$46. 3) Communication: for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$232. Average price for a monthly standard plan internet subscription is USD$78, while the benchmark mobile tariff is USD$0.14 per minute. 4) Education: for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30000 in New York costs USD$23700. Average annual private international school fee (excluding extras) USD$15,353 for Primary School, and USD$17,085 for High School. 5) Furniture & Appliances: for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2500 in New York costs USD$2625. Average price for a 6kg front loader Washing Machine is USD$781, and USD$671 for a 46+'' LED UHD TV. 6) Groceries: for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1000 in New York costs USD$650. Average grocery prices in a major international retail store for 1 kg apples is USD$2.12, 1 kg oranges USD$1.43, 1 head lettuce USD$0.62, 1 kg potatos USD$1.48, 1 kg boneless, skinless, chicken breast USD$7.63, 1 kg cheddar cheese USD$5.06, 1 dozen large eggs USD$1.75, 500g loaf white bread USD$1.76, 1 L full cream milk USD$1.46, and 1.5 L water USD$0.73. 7) Healthcare: for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1000 in New York costs USD$630. Average healthcare cost for a private practice Doctor visit for an uninsured patient is USD$51, and a private hospital stay per day including nursing care, medications, diagnostic tests, food, and related costs is USD$1,561. 8) Household Accommodation: for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5000 in New York costs USD$2900. Average expatriate house / apartment rent for a secure upmarket unfurnished apartment (3 bedrooms) is USD$2,416 in a central location, and USD$1,393 in a suburban location, per month, excluding utilities. 9) Miscellaneous: for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$440. Average price for dry cleaning (1 mens 2 pc suit) is USD$8.60, while an international newspaper is USD$2.65. 10) Personal Care: for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$300. Average cost for a mens haircut and blow dry is USD$24, while a womens hair colour, cut and blow dry - medium length is USD$119. 11) Recreation & Culture: for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$380. Average price for a latest release international cinema ticket (average of on and off peak where applicable) for one adult is USD$5.84, and an international fitness, recreation or sports club membership cost for one adult is USD$55 per month. 12) Restaurants Meals Out and Hotels: for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1000 in New York costs USD$640. Average cappuccino price (regular, medium) is USD$2.23, coke/pepsi (330ml) USD$1.20, burger meal (international franchise or similar) USD$5.19, and a mid-range international restaurant meal for 2 USD$31.78. 13) Transport: for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1000 in New York costs USD$700. Average average price over the last year for highest available octane petrol / gasoline (1L) is USD$0.90, while the benchmark car sedan purchase price including taxes/duties for a compact / small / economy vehicle (1.4 L) is USD$16,540. Guatemala City is 1.4% more expensive than Houston TX for groceries, 35% more expensive for household costs than Kuala Lumpur, and 18% more expensive for transport costs than Dubai. The hardship premium for Guatemala City for an expat from Perth, is for example 30%, i.e. host location (Guatemala City) premium of 40% minus home (Perth) location premium of 10%. Guatemala City is ranked as a extreme hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Guatemala City? Register subscribe to your home location and Guatemala City and run your personalised reports.