Summary of cost of living in Guatemala: The estimated monthly costs for a family of four are $2,820. 🌍 Living. Guatemala is a Central American country of roughly 17 million people, with a mix of indigenous Maya communities, mestizo populations, and growing expat settlements. The landscape ranges from Pacific coastal plains to highland mountains exceeding 12,000 feet. 8% lower than in United States. The capital city, Guatemala City, is bustling with life, while towns like Antigua are famous for their. From the colourful city of Antigua and the awe-inspiring Tikal to the beauty of Semuc Champney and the adrenaline rush that comes from hiking up an active volcano, Guatemala truly has something for everyone. I couldn't get enough of this country and can't wait to return.