Last update: Nov 2026

Cost of Living Comparison Between Lisbon and Panajachel

For one person, living is cheaper in Panajachel: $745 a month against $2,206 in Lisbon, rent and utilities included – about $17,500 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Lisbon
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Lisbon Living Index

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Lisbon

🇵🇹 Portugal

$2,206

/mo nomad

Panajachel

🇬🇹 Guatemala

$745

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Panajachel

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Lisbon and in Panajachel actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,206 in Lisbon versus $745 in Panajachel.

Lisbon $2,206
Panajachel $745

Estimated couple costs with rent: $3,276 in Lisbon versus $1,242 in Panajachel.

Lisbon $3,276
Panajachel $1,242

Monthly costs for a family of three with rent: $4,346 in Lisbon versus $1,739 in Panajachel.

Lisbon $4,346
Panajachel $1,739

Living in Lisbon is roughly 196% more expensive than in Panajachel, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Lisbon is 63% above, Panajachel is 45% below.

Meal at Budget Restaurant

$16.86 €15.01

$6.89 Q 52.7

144.70%

Three-Course Dinner for Two, Mid-Range

$61.0 €54.4

$49.46 Q 378

23.41%

Fast Food Meal (McDonalds, etc)

$10.98 €9.78

$7.91 Q 60.4

38.81%

Cappuccino

$3.05 €2.72

$3.42 Q 26.13

-10.82%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.28 €2.03

$1.16 Q 8.84

96.55%

Water (0.33 liter bottle)

$1.68 €1.50

$0.93 Q 7.09

80.65%

Local Beer (0.5 liter draught)

$3.44 €3.06

$3.18 Q 24.31

8.18%

Imported Beer (0.33 liter bottle)

$3.91 €3.48

$4.72 Q 36.04

-17.16%

Milk (1 liter)

$1.15 €1.02

$2.10 Q 16.01

-45.24%

White Bread (500g)

$1.89 €1.68

$3.08 Q 23.56

-38.64%

Rice (white) (1kg)

$1.50 €1.34

$2.13 Q 16.28

-29.58%

Eggs

$4.12 €3.66

$2.35 Q 17.94

75.32%

Local Cheese (1kg)

$13.01 €11.58

$6.33 Q 48.35

105.53%

Chicken Fillets (1kg)

$8.04 €7.16

$9.54 Q 72.9

-15.72%

Beef Round Steak (1kg)

$17.89 €15.93

$13.46 Q 103

32.91%

Apples (1kg)

$2.27 €2.02

$3.78 Q 28.92

-39.95%

Banana (1kg)

$1.74 €1.55

$1.65 Q 12.64

5.45%

Oranges (1kg)

$1.82 €1.62

$2.84 Q 21.68

-35.92%

Tomato (1kg)

$2.69 €2.39

$1.63 Q 12.46

65.03%

Potato (1kg)

$1.77 €1.57

$1.53 Q 11.71

15.69%

Onion (1kg)

$1.94 €1.72

$2.08 Q 15.90

-6.73%

Lettuce (1 head)

$1.46 €1.30

$0.68 Q 5.19

114.71%

Water (1.5 liter bottle)

$0.76 €0.68

$1.17 Q 8.91

-35.04%

Cigarettes 20 Pack (Marlboro, Camel)

$6.66 €5.93

$4.02 Q 30.75

65.67%

Wine (Bottle)

$5.64 €5.02

$8.24 Q 63.0

-31.55%

Local Beer (0.5 liter bottle)

$1.29 €1.15

$1.71 Q 13.07

-24.56%

Imported Beer (0.33 liter bottle)

$2.14 €1.90

$2.72 Q 20.80

-21.32%

One-way Ticket (Public Transport)

$2.30 €2.05

Public Transport Monthly Pass (Regular Price)

$44.02 €39.19

Taxi Start (Normal Tariff)

$3.98 €3.55

$5.18 Q 39.60

-23.17%

Taxi (Normal Tariff) (1km)

$0.64 €0.57

Taxi 1hour Waiting (Normal Tariff)

$18.93 €16.85

$10.60 Q 81.0

78.58%

Gasoline (1 liter)

$2.28 €2.03

$1.34 Q 10.25

70.15%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$33.4K €29.7K

$27.1K Q 206.7K

23.36%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$38.5K €34.3K

$25.2K Q 192.9K

52.58%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$158 €141

$72.7 Q 555

117.71%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.54 €15.62

$29.08 Q 222

-39.68%

Internet (50+ Mbps, Unlimited Data)

$31.18 €27.77

$45.40 Q 347

-31.32%

Gym Membership (Monthly)

$44.64 €39.75

Tennis Court (1 Hour on Weekend)

$18.98 €16.90

Cinema Ticket

$9.58 €8.53

$6.40 Q 48.88

49.69%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$674 €600

$338 Q 2,584

99.22%

International Primary School, 1 Child (Yearly)

$18.7K €16.7K

$6,571 Q 50.2K

185.04%

Jeans (Levis 501 Or Similar)

$102 €91.0

$49.15 Q 376

107.91%

Summer Dress (H&M, Zara, etc)

$45.90 €40.87

$47.06 Q 360

-2.46%

Sport Shoes (Adidas, Nike)

$102 €91.0

$115 Q 881

-11.34%

Men's Leather Business Shoes

$122 €109

$111 Q 846

10.19%

1-bedroom Apartment, City Center (Monthly)

$1,641 €1,461

1-bedroom Apartment, Outside City Center (Monthly)

$1,187 €1,057

3-bedroom Apartment, City Center (Monthly)

$2,825 €2,515

3-bedroom Apartment, Outside City Center (Monthly)

$2,018 €1,797

Buy Apartment in City Center (m2)

$7,836 €6,977

Buy Apartment Outside City Center (m2)

$4,701 €4,186

Average Monthly Net Salary (After Tax)

$1,687 €1,502

20-Year Fixed Mortgage Interest Rate (Annual %)

3.82

11.62

-67.13%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Lisbon: November 1, 2026

Last update for Panajachel: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Lisbon

$1.2K 53.8%

Panajachel

–

Groceries & Markets

Lisbon

$275 12.5%

Panajachel

–

Eating Out

Lisbon

$245 11.1%

Panajachel

–

Monthly Utilities & Internet

Lisbon

$207 9.4%

Panajachel

–

Clothing & Footwear

Lisbon

$168 7.6%

Panajachel

–

Sport & Entertainment

Lisbon

$64 2.9%

Panajachel

–

Getting Around

Lisbon

$60 2.7%

Panajachel

–

Cost Breakdown

Dining out: $61 in Lisbon vs $49 in Panajachel. Groceries flip the comparison at $275 vs $281, with Lisbon cheaper for home cooking.

Good to know

🇵🇹 Lisbon

🇬🇹 Panajachel

🕒 Local time

05:07 5:07 AM

23:07 11:07 PM

6 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

11,142

💱 Currency

Euro EUR €

Guatemalan Quetzal GTQ Q

📈 Exchange rate

1 EUR = 1.12 USD

1 GTQ = 0.131 USD

1 GTQ = 0.117 EUR

Exchange rates and currency converter

GTQ, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 6, 2026: 1 USD = 0.89 EUR (1 EUR = 1.12 USD).

Guatemalan Quetzal exchange rates as of November 6, 2026: 1 USD = 7.64 GTQ (1 GTQ = 0.131 USD). 1 EUR = 8.58 GTQ (1 GTQ = 0.117 EUR).

USD to EUR in detail →

On the map

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Between locations

Lisbon Panajachel 8,310 km ≈ 11 h nonstop flight

From you

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Panajachel

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Lisbon vs Panajachel: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,206 in Lisbon and $745 in Panajachel, so Panajachel is about 66% cheaper – a gap that matters a lot on a fixed or modest income.

You’d need roughly $3,309 in Lisbon and $1,117 in Panajachel to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Childcare runs $674 in Lisbon versus $338 in Panajachel. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

All in, you’ll spend $2,206 per month in Lisbon versus $745 in Panajachel – Panajachel is about 66% cheaper, which adds up to real savings over time.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.