Moving to Iceland from Guatemala

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What to Expect

A comprehensive look at what changes when you move from Guatemala to Iceland — from daily expenses to quality of life.

If you moved from Guatemala to Iceland, you would find that Iceland is 2.7 times more expensive than Guatemala overall. A GTQ571,522 salary in Guatemala would need to be roughly ISK23,837,455 in Iceland to maintain the same lifestyle, and you’d need to navigate life in Icelandic. Expect a noticeable climate shift — Reykjavik averages 45°F vs 77°F in Guatemala City, making it significantly cooler.

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How Far Will Your Money Go?

How your spending power changes when you relocate from Guatemala to Iceland.

What does your salary buy?

GTQ571,522 ISK23,837,455

To maintain the same standard of living in Iceland

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 3.5 times more

Groceries

pay 79.8% more

Transportation

pay 3.2 times more

Housing

pay 2.5 times more

Childcare

pay 3.3 times more

Entertainment and Sports

pay 2.5 times more

See full cost of living breakdown
Exchange rate: 1 GTQ = 16.45 ISK (July 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Who Else Is Making This Move?

Real numbers on people moving from Guatemala to Iceland, and how the trend has changed.

Moved in 2022
2 ↓ 67% vs 2021

people moved from Guatemala to Iceland · OECD (latest data available)

Who's moving to Iceland?

Top countries of origin for Iceland's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

How Guatemala and Iceland stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

GT
20.0
IS
1.1
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

GT
12.6
IS
2.4

Iceland performs significantly better than Guatemala across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

GT
$935
IS
$6,927
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

GT
12.8
IS
45.2

Guatemala generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

GT
40.0
IS
8.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

GT
1.1t
IS
8.5t

Guatemala generally does better on environment, though Iceland leads in air pollution deaths.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

GT
3.7
IS
38.2
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

GT
5.7%
IS
0.4%

Iceland performs significantly better than Guatemala across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

GT
2.7%
IS
3.6%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

GT
$12,700
IS
$66,500

Guatemala generally does better on employment & economy, though Iceland leads in gdp per capita.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

GT
72.9 yrs
IS
83.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

GT
26.2
IS
1.6

Iceland performs significantly better than Guatemala across all family life metrics.

Data: Superintendence of the Tax Administration, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Guatemala City Rain: 46.7 in/yr (1186 mm)
77° / 58°F

Avg. annual high / low

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Months Guatemala City Reykjavik
Jan–Mar 77°/55°F (25°/13°C) 37°/28°F (3°/-2°C)
Apr–Jun 80°/61°F (27°/16°C) 48°/38°F (9°/4°C)
Jul–Sep 76°/60°F (25°/16°C) 54°/45°F (12°/7°C)
Oct–Dec 74°/58°F (24°/14°C) 39°/31°F (4°/-1°C)
View all months
Month Guatemala City Reykjavik
Jan 75°/53°F (23.8°/11.5°C) 35°/27°F (1.9°/-3.0°C)
Feb 77°/55°F (25.2°/12.9°C) 37°/28°F (2.8°/-2.1°C)
Mar 80°/57°F (26.6°/14.0°C) 38°/28°F (3.2°/-2.0°C)
Apr 82°/60°F (27.5°/15.4°C) 42°/33°F (5.7°/0.4°C)
May 81°/61°F (27.1°/16.2°C) 49°/38°F (9.4°/3.6°C)
Jun 78°/61°F (25.3°/16.2°C) 53°/44°F (11.7°/6.7°C)
Jul 76°/60°F (24.5°/15.8°C) 56°/47°F (13.3°/8.3°C)
Aug 77°/60°F (25.0°/15.8°C) 55°/46°F (13.0°/7.9°C)
Sep 76°/60°F (24.4°/15.8°C) 50°/41°F (10.1°/5.0°C)
Oct 75°/60°F (24.1°/15.4°C) 44°/36°F (6.8°/2.2°C)
Nov 74°/57°F (23.4°/14.0°C) 38°/30°F (3.4°/-1.3°C)
Dec 74°/56°F (23.4°/13.1°C) 36°/27°F (2.2°/-2.8°C)

Data: Instituto Nacional de Sismología, Vulcanología, Meteorología e Hidrología (INSIVUMEH) Instituto Nacional de Sismología, Vulcanología, Meteorología e Hidrología (INSIVUMEH), Icelandic Meteorological Office Icelandic Meteorological Office

Visitor Visa Requirements

Short-stay tourist visa rules between Guatemala and Iceland. To live, work, or study long-term in Iceland, you'll need a separate residence or work visa — check Iceland's immigration authority.

Guatemala passport

Guatemala passport holder visiting Iceland

Visa Free
Guatemala passport holders can enter Iceland without a visa.
Iceland passport

Iceland passport holder visiting Guatemala

Visa Free
Iceland passport holders can enter Guatemala without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Iceland than Guatemala?

Day-to-day costs in Iceland run about 154% higher than Guatemala on average; specific cities can swing further.

How much money do I need to move to Iceland?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a GTQ571,522 comparable salary, that's around ISK5,959,364 in Iceland for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Iceland?

With 38.2 fixed broadband subscriptions per 100 people, Iceland can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Guatemala and Iceland.

Is Iceland safe for expats?

Iceland performs significantly better than Guatemala across all safety metrics. The homicide rate in Iceland is 1.1 per 100,000 people, compared to 20.0 in Guatemala.

How is healthcare in Iceland compared to Guatemala?

Guatemala generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people. There are 45.2 doctors per 10,000 people in Iceland, compared to 12.8 in Guatemala. Iceland scores 89 on the WHO universal health coverage index (Guatemala: 59).

What's the weather like in Iceland compared to Guatemala?

The average high temperature in Reykjavik is 45°F, compared to 77°F in Guatemala City. Reykjavik receives around 31.4 in of rainfall per year, while Guatemala City gets 46.7 in.

What language do they speak in Iceland?

The official language in Iceland is Icelandic. In Guatemala, the official language is Spanish.

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At a Glance

GT IS
Population 17,703,190 357,603
Currency Guatemalan Quetzal (GTQ) Icelandic Króna (ISK)
Languages Spanish Icelandic
Driving side Right Right
Calling code +502 +354
Time zones 1 1
Emergency number 110 112