Moving to Guatemala from Panama
What to Expect
A comprehensive look at what changes when you move from Panama to Guatemala — from daily expenses to quality of life.
If you moved from Panama to Guatemala, you would find that Guatemala is 8.9% cheaper than Panama overall. A PAB75,000 salary in Panama would need to be roughly GTQ518,342 in Guatemala to maintain the same lifestyle. Expect a noticeable climate shift — Guatemala City averages 77°F vs 93°F in Panama City, making it significantly cooler.
How Far Will Your Money Go?
How your spending power changes when you relocate from Panama to Guatemala.
What does your salary buy?
PAB75,000 → GTQ518,342
To maintain the same standard of living in Guatemala
Calculate with your salary →The biggest cost differences at a glance
Restaurants
pay 22.6% less
Groceries
pay 2.6% less
Transportation
pay 21.7% less
Housing
pay 16.4% less
Childcare
pay 36.9% less
Entertainment and Sports
pay 11.2% more
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 Panama to Guatemala, and how the trend has changed.
Who's moving to Guatemala?
Top countries of origin for Guatemala's foreign-born residents.
- 20,683
- 18,872
- 9,299
- 9,211
- 9,023
- 1,921
- · · ·
-
20.321
Panama
Key Indicator Comparison
How Panama and Guatemala stack up on safety, healthcare, jobs, and infrastructure.
Is it safe?
per 100,000 people per year
per 100,000 people per year
Panama performs better than Guatemala across all safety metrics.
How's the healthcare?
annual government + private spending per person
affects wait times and access to care
WHO index from 0–100 measuring essential service access
per 100,000 people — a proxy for mental health support
Panama generally does better on health & wellbeing, though Guatemala leads in healthcare spending per person.
What about the environment?
deaths attributable to air pollution per 100k people
tonnes of CO₂ emitted per person per year
Panama generally does better on environment, though Guatemala leads in co₂ emissions per capita.
Will I have good infrastructure?
fixed broadband subscriptions — key for remote work
higher means greater strain on freshwater supply
annual consumption — reflects grid capacity
Panama performs better than Guatemala across all infrastructure metrics.
What are the job prospects?
percentage of the labour force without work
a broad measure of economic output per person
the highest marginal rate on personal income
Guatemala generally does better on employment & economy, though Panama leads in gdp per capita.
Is it good for families?
average years of life at birth
deaths per 1,000 live births — lower is better
government spending on education as % of GDP
percentage of adults who can read and write
Panama performs better than Guatemala across all family life metrics.
Data: General Directorate of Revenues, Panama, The World Factbook, United Nations SDG Indicators, World Bank
What's the Climate Like?
Monthly averages — select a city to compare.
Avg. annual high / low
Avg. annual high / low
| Months | Panama City | Guatemala City |
|---|---|---|
| Jan–Mar | 94°/65°F (34°/18°C) | 77°/55°F (25°/13°C) |
| Apr–Jun | 94°/69°F (35°/21°C) | 80°/61°F (27°/16°C) |
| Jul–Sep | 92°/70°F (34°/21°C) | 76°/60°F (25°/16°C) |
| Oct–Dec | 91°/68°F (33°/20°C) | 74°/58°F (24°/14°C) |
View all months
| Month | Panama City | Guatemala City |
|---|---|---|
| Jan | 92°/65°F (33.4°/18.5°C) | 75°/53°F (23.8°/11.5°C) |
| Feb | 94°/65°F (34.2°/18.4°C) | 77°/55°F (25.2°/12.9°C) |
| Mar | 95°/65°F (34.8°/18.4°C) | 80°/57°F (26.6°/14.0°C) |
| Apr | 96°/67°F (35.4°/19.5°C) | 82°/60°F (27.5°/15.4°C) |
| May | 94°/70°F (34.5°/21.1°C) | 81°/61°F (27.1°/16.2°C) |
| Jun | 93°/70°F (33.8°/21.3°C) | 78°/61°F (25.3°/16.2°C) |
| Jul | 93°/70°F (33.9°/21.0°C) | 76°/60°F (24.5°/15.8°C) |
| Aug | 93°/70°F (33.9°/20.9°C) | 77°/60°F (25.0°/15.8°C) |
| Sep | 91°/70°F (32.9°/21.0°C) | 76°/60°F (24.4°/15.8°C) |
| Oct | 91°/69°F (32.6°/20.8°C) | 75°/60°F (24.1°/15.4°C) |
| Nov | 91°/69°F (32.9°/20.3°C) | 74°/57°F (23.4°/14.0°C) |
| Dec | 92°/67°F (33.3°/19.2°C) | 74°/56°F (23.4°/13.1°C) |
Data:
IMHPA - Instituto de Meteorología e Hidrología de Panamá,
Instituto Nacional de Sismología, Vulcanología, Meteorología e Hidrología (INSIVUMEH)
Visitor Visa Requirements
Short-stay tourist visa rules between Panama and Guatemala. To live, work, or study long-term in Guatemala, you'll need a separate residence or work visa — check Guatemala's immigration authority.
Panama passport holder visiting Guatemala
Visa Free
Guatemala passport holder visiting Panama
Visa FreeData: Henley Passport Index. Check with the destination country's embassy for the most current requirements.
Frequently Asked Questions
Is it cheaper to live in Guatemala than Panama?
Generally yes: Guatemala runs about 9% cheaper than Panama on average, though it depends heavily on the city.
How much money do I need to move to Guatemala?
A safe rule of thumb is 3 months of local expenses plus relocation costs. On a PAB75,000 comparable salary, that's around GTQ129,586 in Guatemala for everyday spending, before flights, shipping, deposits, and visa fees.
Can I work remotely from Guatemala?
With 3.7 fixed broadband subscriptions per 100 people, Guatemala can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Panama and Guatemala.
Is Guatemala safe for expats?
Panama performs better than Guatemala across all safety metrics. The homicide rate in Guatemala is 20.0 per 100,000 people, compared to 11.3 in Panama.
How is healthcare in Guatemala compared to Panama?
Panama generally does better on health & wellbeing, though Guatemala leads in healthcare spending per person. There are 12.8 doctors per 10,000 people in Guatemala, compared to 17.3 in Panama. Guatemala scores 59 on the WHO universal health coverage index (Panama: 78).
What's the weather like in Guatemala compared to Panama?
The average high temperature in Guatemala City is 77°F, compared to 93°F in Panama City. Guatemala City receives around 46.7 in of rainfall per year, while Panama City gets 75.1 in.
What language do they speak in Guatemala?
Both Panama and Guatemala share the same official language: Spanish.
