Nicosia vs Guatemala City Cost of Living Comparison

Executive summary: Guatemala City leads on CPI (21 vs 55, NYC=100), Guatemala City leads on rent index, and Nicosia leads on purchasing power. Validate neighbourhood rents before relocating — city-wide winners can reverse at district scale.

Overall Cost Winner

Guatemala City

Lower overall CPI; largest measurable gaps: Internet (302% gap, Nicosia ahead); Transport (105% gap, Nicosia ahead).

Monthly Cost Difference

Estimated monthly housing+utilities+internet basket is about $938 lower in Guatemala City than in Nicosia (~79% gap; converted via exchange rates).

Estimated monthly difference: $938 (favoring Guatemala City).

Category Winners

CategoryWinnerNote
Overall CPIGuatemala CityCPI 21 vs 55 (lower is better)
HousingGuatemala CityRent index 6.1 vs 30.7 (lower is better)
FoodGuatemala CityGroceries index 29.1 vs 56.2 (lower is better)
TransportNicosiaOne-way ticket 1.15 vs 2.36 (lower is better)
UtilitiesNicosiaUtilities (85m²) 56.49 vs 94.55 (lower is better)
InternetNicosiaInternet 48.69 vs 195.84 (lower is better)
RestaurantsGuatemala CityRestaurant index 16.8 vs 50 (lower is better)
SalaryGuatemala CityAvg net salary 7207.5 vs 3707.6 (higher is better)
Purchasing PowerNicosiaPP index 65 vs 15 (higher is better)

Biggest Difference

Internet: Nicosia leads with a 302% gap.

Internet 48.69 vs 195.84 (lower is better)

Quick Decision

  • Students: Guatemala City — Lower housing / rent index (80% gap).
  • Families: Guatemala City — Housing is typically the largest household line; rent index favors Guatemala City; purchasing power favors Nicosia.
  • Remote Workers: Guatemala City — Everyday cost index (CPI) favors Guatemala City (~62% gap).
  • Budget Living: Guatemala City — Lowest overall consumer-price index in this pair.

Key Takeaways

  • Guatemala City is the overall cost winner on CPI (~62% lower everyday-cost index than Nicosia).
  • Housing: Guatemala City leads on rent index (80% gap).
  • Food / groceries: Guatemala City is lower (48% gap).
  • Purchasing power: Nicosia scores higher (77% gap).
  • Largest category gap: Internet (302%), favoring Nicosia.
  • Sample monthly basket (1BR + utilities + internet) is ~$938 cheaper in Guatemala City.

Analysis

Detailed breakdown uses only paired indices: CPI 55/21, rent 30.7/6.1, purchasing power 65/15. Category winners can diverge — a city may win rent while losing CPI. No GDP, climate, or industry claims are invented for either city.

City pages

  • Nicosia, Nicosia District (Lefkoşa)
  • Guatemala City, Guatemala Department

Country pages

  • Cyprus
  • Guatemala

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Trust & data transparency

Last updated: 2026-08-20

Data Sources

This page uses CityCost index inputs. Platform sources (see also Data sources):

  • Regional
  • Regional

On-page labels for this view: Regional · Regional.

Methodology

Each indexed city is associated with a reference basket of common living costs (for example rent, groceries samples, transport tickets, utilities, restaurant meals, and net salary where available). From those items, the platform derives relative indices such as CPI, rent, groceries, restaurants, and local purchasing power, using New York City = 100 as the familiar baseline convention for relative comparison.

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