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Economic Indicators
In Guatemala, the cost of food can range from $3 to $15 per meal, with a monthly grocery budget for one person averaging around $200-$300 USD.
Quick Facts
Food Costs Overview
Guatemala's food prices are relatively low compared to the regional average, making it an attractive destination for travelers and expats alike. The cost of food in Guatemala is driven by factors such as transportation, production, and import costs, with inflation rates averaging around 2.9% in 2024. The eating-out culture in Guatemala is vibrant, with many affordable options available, from street food to mid-range restaurants. However, home cooking is also a popular option, with many locals preferring to prepare traditional dishes such as tamales, jocón, and pupusas.
In general, food prices in Guatemala are influenced by the country's GDP per capita, which was $14,369 in 2024, and the health expenditure per capita, which was $392 in 2023. While these factors may not directly impact food prices, they do contribute to the overall economic stability of the country. Additionally, the education spend as a percentage of GDP, which was 3.1% in 2023, may also have an indirect impact on food prices, as a more educated population may have different dietary preferences and habits.
Grocery Prices
| Item | Price (USD) | Local Price | Notes |
|---|---|---|---|
| Milk (1 liter) | $1.50 | 12 GTQ | |
| Bread (white loaf) | $1.20 | 10 GTQ | |
| Eggs (dozen) | $1.80 | 15 GTQ | |
| Rice (1 kg) | $1.00 | 8 GTQ | |
| Chicken breast (1 kg) | $3.50 | 30 GTQ | |
| Beef (1 kg) | $5.00 | 45 GTQ | |
| Apples (1 kg) | $2.50 | 22 GTQ | |
| Tomatoes (1 kg) | $1.00 | 8 GTQ | |
| Potatoes (1 kg) | $0.80 | 7 GTQ | |
| Onions (1 kg) | $0.60 | 5 GTQ | |
| Local cheese (1 kg) | $4.00 | 35 GTQ | |
| Water (1.5L bottle) | $1.00 | 8 GTQ |
Restaurant Prices
| Meal Type | Price Range (USD) | Notes |
|---|---|---|
| Street Food / Local Eatery | $3-$5 | (typical dishes) |
| Casual Restaurant | $5-$10 | (one person) |
| Mid-Range Restaurant (2 people) | $15-$25 | (3 courses) |
| Fine Dining (2 people) | $30-$50 | (upscale) |
| Local Beer (draft, 500ml) | $2-$3 | |
| Imported Beer (330ml) | $4-$5 | |
| Cappuccino | $2-$3 | |
| Soft Drink (can) | $1-$2 |
Supermarket vs Local Market
When it comes to grocery shopping in Guatemala, there is a notable price difference between supermarkets and open-air markets. Supermarkets tend to be more expensive, with prices ranging from 10% to 20% higher than those found at local markets. However, supermarkets often offer a wider selection of products, including imported goods. Local markets, on the other hand, offer a more authentic shopping experience, with fresh produce, meats, and traditional products available at lower prices. Bargaining is a common practice at local markets, with haggling expected for most purchases.
In general, it is recommended to buy fresh produce, meats, and traditional products at local markets, while supermarkets may be a better option for imported goods and specialty items. When shopping at local markets, it is essential to bargain and haggle to get the best prices. Additionally, many local markets offer a wide range of traditional foods, such as tortillas, tamales, and pupusas, which are often cheaper and more authentic than those found in supermarkets.
Local Food Tips
- The cheapest way to eat in Guatemala is to try street food, with options such as tamales, pupusas, and churrasco available for around $3-$5.
- Local staples such as beans, rice, and corn are good value and can be purchased at local markets for around $1-$2 per kilogram.
- Fresh produce such as fruits and vegetables are widely available and affordable, with prices ranging from $0.50 to $2 per kilogram.
- Traditional dishes such as jocón and pepian are often cheaper and more authentic than international cuisine.
- It is recommended to avoid buying imported goods, as they tend to be more expensive than local alternatives.
- Local beer is a good option for those looking for an affordable drink, with prices ranging from $2-$3 per 500ml bottle.