Guatemala Travel Budget: What do things cost in Guatemala?
June 4, 2019
Are you traveling or moving to Guatemala? Do you know how much money you will need there to maintain your current standard of living? What do things cost in Guatemala? What Guatemala travel budget can you expect? After spending five months in this beautiful country, I would love to share some of my financial knowledge with you.
The costs below are the average I encountered during my time in Panajachel, Guatemala. This will allow me, and you, to make a comparison of living and travel costs across Latin America and in the end your Guatemala Travel Budget. Please be aware that costs may differ in other parts of Guatemala. The currencies are GTQ / € EUR / $USD. Conversion rate as at time of publication.
On $40 for two you can easily dine out twice a day, enjoy decent accommodation and a few beers, whilst still having more than enough change for a bus ride to your next town and an activity or two.
Possibly some of the cheapest rooms in Latin America!
Dorm bed: Q60–100 / €7-12 / $8-13 per night
Budget hotel double room: Q130–200 / €14-24 / $17-26 per night
Hotel double room: Q200–550 / €24-64 / $26-72 per night
Superior hotel double room: Q550 / €64 / $72 or more per night
A 10% tip is expected in restaurants (often automatically added to your bill in tourist towns such as Panajachel or Antigua). In small comedores (basic, cheap, local eateries) tipping is optional, but follow local practice and leave some spare change. Some other tipping tips:
Homestays Better to buy a gift than give cash.
Hotels Q10 per bag
Restaurants 10% maximum (if not already included).
Taxis Not customary.
Trekking and tour guides Q50 per person per day (optional)
Other financial things that are good to know
Guatemala uses the Guatemalan quetzal, available at any ATM (our preferred method for getting cash abroad. Foreign debit cards are easy to use with ATM machines.
Guatemala is a very cash-based country, so don’t expect to use your credit cards for much of anything while on your trip.
Like in most developing countries, you can book tours and activities online in advance–but you will pay a steep markup. If you’re traveling Guatemala on a budget, negotiate all tours and activities in person once you arrive.
If you have any other financial tips or things that should be included in this list, please leave a comment in the comment section below. I hope this post helped you to prepare your Guatemala Travel Budget.