Last update: Nov 2026

Cost of Living Comparison Between Panajachel and New York, NY

For one person, living is cheaper in Panajachel: $745 a month against $4,906 in New York, NY, rent and utilities included – about $49,900 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in New York, NY
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New York, NY Living Index

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Panajachel

🇬🇹 Guatemala

$745

/mo nomad

New York, NY

🇺🇸 United States

$4,906

/mo nomad

Monthly Cost of Living

How much you'll spend in Panajachel and in New York, NY

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

A single person spends $745 per month in Panajachel vs $4,906 in New York, NY, rent included.

Panajachel $745
New York, NY $4,906

A couple spends around $1,242 per month in Panajachel vs $7,273 in New York, NY, rent included.

Panajachel $1,242
New York, NY $7,273

A family of three spends $1,739 per month in Panajachel vs $9,641 in New York, NY, rent included.

Panajachel $1,739
New York, NY $9,641

Panajachel is about 85% cheaper than New York, NY, and outside of rent the biggest gap is in groceries.

Panajachel sits 45% below the global median, while New York, NY is 263% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.89 Q 52.7

$26.93 $26.93

-74.42%

Three-Course Dinner for Two, Mid-Range

$49.46 Q 378

$117 $117

-57.65%

Fast Food Meal (McDonalds, etc)

$7.91 Q 60.4

$14.60 $14.60

-45.82%

Cappuccino

$3.42 Q 26.13

$6.54 $6.54

-47.71%

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

$1.16 Q 8.84

$3.86 $3.86

-69.95%

Water (0.33 liter bottle)

$0.93 Q 7.09

$2.95 $2.95

-68.47%

Local Beer (0.5 liter draught)

$3.18 Q 24.31

$8.08 $8.08

-60.64%

Imported Beer (0.33 liter bottle)

$4.72 Q 36.04

$9.85 $9.85

-52.08%

Milk (1 liter)

$2.10 Q 16.01

$1.31 $1.31

60.31%

White Bread (500g)

$3.08 Q 23.56

$4.97 $4.97

-38.03%

Rice (white) (1kg)

$2.13 Q 16.28

$7.70 $7.70

-72.34%

Eggs

$2.35 Q 17.94

$6.09 $6.09

-61.41%

Local Cheese (1kg)

$6.33 Q 48.35

$19.55 $19.55

-67.62%

Chicken Fillets (1kg)

$9.54 Q 72.9

$17.59 $17.59

-45.76%

Beef Round Steak (1kg)

$13.46 Q 103

$20.26 $20.26

-33.56%

Apples (1kg)

$3.78 Q 28.92

$6.99 $6.99

-45.92%

Banana (1kg)

$1.65 Q 12.64

$2.21 $2.21

-25.34%

Oranges (1kg)

$2.84 Q 21.68

$6.72 $6.72

-57.74%

Tomato (1kg)

$1.63 Q 12.46

$7.12 $7.12

-77.11%

Potato (1kg)

$1.53 Q 11.71

$4.61 $4.61

-66.81%

Onion (1kg)

$2.08 Q 15.90

$4.78 $4.78

-56.49%

Lettuce (1 head)

$0.68 Q 5.19

$2.87 $2.87

-76.31%

Water (1.5 liter bottle)

$1.17 Q 8.91

$2.69 $2.69

-56.51%

Cigarettes 20 Pack (Marlboro, Camel)

$4.02 Q 30.75

$19.14 $19.14

-79.00%

Wine (Bottle)

$8.24 Q 63.0

$19.63 $19.63

-58.02%

Local Beer (0.5 liter bottle)

$1.71 Q 13.07

$3.32 $3.32

-48.49%

Imported Beer (0.33 liter bottle)

$2.72 Q 20.80

$4.19 $4.19

-35.08%

One-way Ticket (Public Transport)

$3.02 $3.02

Public Transport Monthly Pass (Regular Price)

$139 $139

Taxi Start (Normal Tariff)

$5.18 Q 39.60

$3.04 $3.04

70.39%

Taxi (Normal Tariff) (1km)

$2.20 $2.20

Taxi 1hour Waiting (Normal Tariff)

$10.60 Q 81.0

$41.33 $41.33

-74.35%

Gasoline (1 liter)

$1.34 Q 10.25

$1.13 $1.13

18.58%

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

$27.1K Q 206.7K

$34.5K $34.5K

-21.48%

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

$25.2K Q 192.9K

$25.8K $25.8K

-2.37%

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

$72.7 Q 555

$232 $232

-68.73%

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

$29.08 Q 222

$71.0 $71.0

-59.06%

Internet (50+ Mbps, Unlimited Data)

$45.40 Q 347

$67.7 $67.7

-32.89%

Gym Membership (Monthly)

$115 $115

Tennis Court (1 Hour on Weekend)

$76.8 $76.8

Cinema Ticket

$6.40 Q 48.88

$22.41 $22.41

-71.44%

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

$338 Q 2,584

$3,606 $3,606

-90.62%

International Primary School, 1 Child (Yearly)

$6,571 Q 50.2K

$68.7K $68.7K

-90.43%

Jeans (Levis 501 Or Similar)

$49.15 Q 376

$79.3 $79.3

-37.98%

Summer Dress (H&M, Zara, etc)

$47.06 Q 360

$51.4 $51.4

-8.44%

Sport Shoes (Adidas, Nike)

$115 Q 881

$121 $121

-4.81%

Men's Leather Business Shoes

$111 Q 846

$140 $140

-21.20%

1-bedroom Apartment, City Center (Monthly)

$4,555 $4,555

1-bedroom Apartment, Outside City Center (Monthly)

$3,040 $3,040

3-bedroom Apartment, City Center (Monthly)

$9,742 $9,742

3-bedroom Apartment, Outside City Center (Monthly)

$5,331 $5,331

Buy Apartment in City Center (m2)

$18.2K $18.2K

Buy Apartment Outside City Center (m2)

$6,685 $6,685

Average Monthly Net Salary (After Tax)

$5,096 $5,096

20-Year Fixed Mortgage Interest Rate (Annual %)

11.62

6.89

68.65%

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

Last update for Panajachel: November 2, 2026

Last update for New York, NY: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Panajachel

–

New York, NY

$3K 62%

Groceries & Markets

Panajachel

–

New York, NY

$567 11.6%

Eating Out

Panajachel

–

New York, NY

$425 8.7%

Monthly Utilities & Internet

Panajachel

–

New York, NY

$371 7.6%

Clothing & Footwear

Panajachel

–

New York, NY

$176 3.6%

Getting Around

Panajachel

–

New York, NY

$165 3.4%

Sport & Entertainment

Panajachel

–

New York, NY

$160 3.3%

Cost Breakdown

A mid-range dinner for two costs $49 in Panajachel versus $117 in New York, NY. Monthly groceries follow the same trend: $281 vs $567 – making Panajachel the more affordable choice for daily food spending.

Good to know

🇬🇹 Panajachel

🇺🇸 New York, NY

🕒 Local time

16:28 4:28 PM

17:28 5:28 PM

1 h ahead of Panajachel

🌤 Weather

👥 Population

11,142

8,804,190

💱 Currency

Guatemalan Quetzal GTQ Q

United States Dollar USD $

📈 Exchange rate

1 GTQ = 0.131 USD

1 GTQ = 0.117 EUR

1 USD = 0.895 EUR

Exchange rates and currency converter

USD, EUR to GTQ – Guatemalan Quetzal Converter

🇺🇸 United States Dollar ($)

🇬🇹 Guatemalan Quetzal (Q)

Guatemalan Quetzal exchange rates as of November 6, 2026: 1 USD = 7.64 GTQ (1 GTQ = 0.131 USD). 1 EUR = 8.54 GTQ (1 GTQ = 0.117 EUR).

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

USD to GTQ in detail →

On the map

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Between locations

Panajachel New York, NY 3,320 km ≈ 4 h 45 min nonstop flight

From you

Panajachel
New York, NY

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

Panajachel vs New York, NY: Cost of Living - Frequently Asked Questions

New York, NY costs about 559% more than Panajachel, and outside of rent the gap comes mainly from groceries. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,117 per month in Panajachel and $7,358 in New York, NY. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $745 in Panajachel and $4,906 in New York, NY. That makes Panajachel about 85% cheaper.

Kindergarten costs $338 per month in Panajachel and $3,606 in New York, NY. For families with young kids, this one expense can tip the scales when choosing between the two cities.

For digital nomads, it depends on budget. Panajachel costs $745 versus $4,906 in New York, NY. Both appeal to remote workers, and the cost gap matters when income varies month to month.