Cost of Living in Guayaquil vs Lima

Cost of living in Guayaquil is very similar to Lima (without rent).

Rent in Guayaquil is 15% cheaper than in Lima.

Cost of living including rent in Guayaquil is 8% lower than in Lima.

Food in Guayaquil is 14% more expensive than in Lima.

Transport in Guayaquil is 30% cheaper than in Lima.

Guayaquil vs. Lima Comparision

Guayaquil Lima
Cost of Living, including rent
910 $
986 $
Without Rent
535 $
544 $
Rent & Utilities
375 $
443 $
Food
307 $
269 $
Transport
131 $
188 $
Monthly Salary, after tax
567 $
444 $
Quality of Life
58
64
Population
2.7M
9.9M

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Guayaquil Lima

Restaurants

Lunch menu,
inexpensive restaurant
4.82 $ 4.48 $
Dinner, for 2 37.6 $ 27.8 $
Fast food, McDonalds or KFC 7.5 $ 5.98 $
Beer, 0.5 L or 16 fl oz 1.77 $ 2.55 $
Capuccino 2.73 $ 3.29 $
Coke, 330ml 0.83 $ 0.87 $

Markets

Milk, 1 L or 1 qt 1.18 $ 1.35 $
Bread, 0.5 kg or 1 lb 1.44 $ 1.71 $
Rice, 1 kg or 2 lb 1.26 $ 1.02 $
Eggs, 12 pack 2.35 $ 2.8 $
Cheese, 1 kg or 2 lb 6.87 $ 8.08 $
Chicken Breast, 1 kg or 2 lb 5.5 $ 4.77 $
Round Steak, 1 kg or 2 lb 8.77 $ 9.85 $
Apples, 1 kg or 2 lb 2.38 $ 1.86 $
Banana, 1 kg or 2 lb 1.72 $ 1.1 $
Oranges, 1 kg or 2 lb 1.53 $ 1 $
Potatoes, 1 kg or 2 lb 1.62 $ 1.08 $
Onions, 1 kg or 2 lb 1.52 $ 1.07 $
Water, 1 L or 1 qt 0.74 $ 0.54 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.25 $ 2.3 $
Wine, 750 mL bottle 10.6 $ 10.3 $
Beer, 0.5 L or 16 fl oz 1.65 $ 1.54 $
Cigarette pack 5.55 $ 5.02 $

Transport

Local transport ticket, One-way Ticket 0.3 $ 0.67 $
Monthly pass, Monthly Ticket 20.8 $ 27.9 $
Gas or petrol, 1 L or 0.26 gal 0.78 $ 1.39 $
Taxi, 8 km 18.9 $ 19.3 $

Personal Care

Doctor visit, private clinic 37.4 $ 39.8 $
Cold medicine, for 1 week 6.76 $ 5.84 $
Hair shampoo, 400 ml or 12 oz 5.64 $ 5.57 $
Toilet paper, 4 rolls 2.22 $ 2.28 $
Toothpaste, 1 tube 2.13 $ 1.6 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
53.1 $ 39.4 $
Utility bill - family,
electricity, heating, water & garbage
82.5 $ 61.1 $
Internet plan,
+60 Mbps
30.6 $ 24.7 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 274 $ 342 $
3 Bedroom Apartment, outside of center, 85 sq.m 571 $ 625 $
1 Bedroom Apartment, in city center, 40 sq.m 359 $ 527 $
3 Bedroom Apartment, in city center, 85 sq.m 608 $ 948 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 1,130 $ 1,773 $
Price per Square Meter to Buy House, in suburbs 1,872 $ 1,434 $

Salaries and Financing

Average Monthly Net Salary, after tax 567 $ 444 $
Mortgage Interest Rate, for 20 years fixed-rate 8.29 % 10.59 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 35.2 $ 34.2 $
Cinema, 1 seat 7.15 $ 7.2 $
Haircut 8.01 $ 9.57 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 104 $ 83.3 $
Brand Jeans, Levis 501 60.3 $ 36.9 $

Childcare

Preschool, full day, monthly for 1 child 269 $ 234 $
International Primary School, yearly for 1 child 6,982 $ 8,320 $