Guatemala is a pretty budget friendly place, especially if you are using local transportation and staying in hostels. You could get by on 15-$20 just doing this. If you add in day tours, western food, and private rooms, it’s going to cost you a lot more.
I spent a total of $900 while backpacking Guatemala for two and a half weeks, which falls in range with an average budget of 45-65$/a day. I stayed in hostels, ate local food, and did tours almost every day.
A high-end luxury budget will cost you 90$+ each day, which would include private rooms, private transport, and lots of tours.
Accommodation
Budget: Guatemala has a great hostel scene, you can expect to find amazing hostels in many of the main destinations in Guatemala. A shared bed in a hostel dorm will cost between 7-12$.
Mid-range: If you want a break from hostels or your own space, there are plenty of guesthouses in Guatemala for around $15-25 for a basic room with a fan and shared bathroom. If you want a private bathroom and AC, it will cost you around $25-50. Airbnb is also used in Guatemala, and you can get some amazing long-term deals.
Higher end: Guatemala does have some higher-end hotels and lodges, which will cost you upwards of $100 a night.
Food
Central America is not known for its food in general, but I found Guatemala did have some of the best food in the region, with neighbouring Mexico influence.
A typical plate in Guatemala will consist of rice, beans, tortillas, and meat. In a local restaurant this will cost you between $3-5. You can also find plenty of Western food in Guatemala which will cost you between $7-12 for a meal. It is customary to tip 10% in Guatemala, and many places will automatically add this on the bill.Â
Water: The water in Guatemala is not safe to drink. Use a lifestaw so you don’t have to buy bottled water.