Cost of living in Guayaquil

In Guayaquil, Ecuador, a family of four typically needs around $2330 per month including rent. A single person may spend about $910 monthly.

How expensive is Guayaquil compared to other cities?

Overall living costs in Guayaquil are 3% more expensive than the European benchmark.

How does Guayaquil compare to your city?

Guayaquil is 63% cheaper than New York City, without rent.

Rent in Guayaquil is, on average, 86% lower than in New York City.

What drives the cost of living in Guayaquil?

Who is Guayaquil a good fit for?

Guayaquil is a better match for people who prioritize lifestyle benefits and can afford the premium driven by transport and food. For most moderate-income households, housing costs are the main barrier.

FAQ

Why is Guayaquil so expensive?

Housing costs, particularly rent and utilities, contribute significantly to the overall expense of living in Guayaquil.

Is food expensive in Guayaquil?

Food prices are relatively affordable, being 10% lower than the European benchmark.

Is public transport affordable in Guayaquil?

Public transport costs are 49% higher than the European benchmark, making it a more significant expense for residents.

Cost of living breakdown

Cost of Living, one person, including rent
910 $
Without Rent
535 $
Rent & Utilities
375 $
Food
307 $
Transport
131 $
Monthly Salary, after tax
567 $
GDP per Capita
6,533 $
Freedom Index
7.03
Lifespan
78 years
Speak English
2%
Population
2.7M

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 4.82 $
Dinner 37.6 $
Fast food, McDonalds or KFC 7.5 $
Beer, 0.5 L or 16 fl oz 1.77 $
Capuccino 2.73 $
Coke, 330ml 0.83 $

Compare Guayaquil with:

Markets

Milk, 1 L or 1 qt 1.18 $
Bread, 0.5 kg or 1 lb 1.44 $
Rice, 1 kg or 2 lb 1.26 $
Eggs, 12 pack 2.35 $
Cheese, 1 kg or 2 lb 6.87 $
Chicken Breast, 1 kg or 2 lb 5.5 $
Round Steak, 1 kg or 2 lb 8.77 $
Apples, 1 kg or 2 lb 2.38 $
Banana, 1 kg or 2 lb 1.72 $
Oranges, 1 kg or 2 lb 1.53 $
Tomato, 1 kg or 2 lb 1.46 $
Potato, 1 kg or 2.2 lb 1.62 $
Onion, 1 kg or 2.2 lb 1.52 $
Water, 1 L or 1 qt 0.74 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.25 $
Wine, 750 mL bottle 10.6 $
Beer, 0.5 L or 16 fl oz 1.65 $
Cigarette pack 5.55 $

Transportation

One-way Ticket 0.3 $
Monthly Pass 20.8 $
Gas or Petrol, 1l or 0.26 gal 0.78 $
Taxi, 8 km 18.9 $

Personal Care

Doctor Visit, private clinic 37.4 $
Cold medicine, for 1 week 6.76 $
Hair Shampoo, 400 ml or 12 oz. 5.64 $
Toilet paper, 4 rolls 2.22 $
Toothpaste, 1 tube 2.13 $

Utilities per Month

1 person, electricity, heating, water & garbage 53 $
Family of 4, electricity, heating, water & garbage 83 $
Internet plan, +60 Mbps 30.6 $

Rent per Month

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

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 1,13 $
Price per Square Meter to Buy House, in suburbs 1,872 $

Salaries and Financing

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

Sports and Leisure

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

Clothing and Shoes

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

Childcare

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

Compare Guayaquil with other top cities

Curacao
Guayaquil vs Willemstad (Willemstad is 53% more expensive) Guayaquil vs Barber (Barber is 53% more expensive)
Uruguay
Guayaquil vs Montevideo (Montevideo is 46% more expensive) Guayaquil vs Salto (Salto is 8% more expensive) Guayaquil vs Ciudad de la Costa (Ciudad de la Costa is 29% more expensive) Guayaquil vs Rivera (Rivera is 17% less expensive) Guayaquil vs Maldonado (Maldonado is 6% more expensive) Guayaquil vs Paysandu (Paysandu is 15% less expensive) Guayaquil vs Tacuarembo (Tacuarembo is 9% less expensive) Guayaquil vs Melo (Melo is 20% less expensive) Guayaquil vs Mercedes (Mercedes is 13% more expensive) Guayaquil vs Artigas (Artigas is 3% less expensive)
Trinidad And Tobago
Guayaquil vs Chaguanas (Chaguanas is 18% more expensive) Guayaquil vs Port of Spain (Port of Spain is 28% more expensive) Guayaquil vs San Fernando (San Fernando is 6% more expensive) Guayaquil vs Scarborough (Scarborough is 21% more expensive) Guayaquil vs San Juan (San Juan is 28% more expensive)
Chile
Guayaquil vs Santiago (Santiago is 32% more expensive) Guayaquil vs Puente Alto (Puente Alto is 5% more expensive) Guayaquil vs Antofagasta (Antofagasta is 16% more expensive) Guayaquil vs Vina del Mar (Vina del Mar is 2% more expensive) Guayaquil vs San Bernardo (San Bernardo is 6% less expensive) Guayaquil vs Valparaiso (Valparaiso is 5% more expensive) Guayaquil vs Temuco (Temuco is 4% less expensive) Guayaquil vs Rancagua (Rancagua is 7% less expensive) Guayaquil vs Concepcion (Concepcion is 1% more expensive) Guayaquil vs Talca (Talca is 7% less expensive)
Guyana
Guayaquil vs Georgetown (Georgetown is 8% more expensive) Guayaquil vs Linden (Linden is 12% more expensive) Guayaquil vs New Amsterdam (New Amsterdam is 11% more expensive)
Mexico
Guayaquil vs Mexico City (Mexico City is 31% more expensive) Guayaquil vs Tijuana (Tijuana is 15% more expensive) Guayaquil vs Ecatepec de Morelos (Ecatepec de Morelos is 19% less expensive) Guayaquil vs Leon (Leon is 21% less expensive) Guayaquil vs Zapopan (Zapopan is 11% more expensive) Guayaquil vs Guadalajara (Guadalajara is 8% more expensive) Guayaquil vs Puebla (Puebla is 3% more expensive) Guayaquil vs Ciudad Juarez (Ciudad Juarez is 7% more expensive) Guayaquil vs Monterrey (Monterrey is 38% more expensive) Guayaquil vs Ciudad Nezahualcoyotl (Ciudad Nezahualcoyotl is 21% less expensive)
Suriname
Guayaquil vs Paramaribo (Paramaribo is 5% less expensive) Guayaquil vs Nieuw Nickerie (Nieuw Nickerie is 7% less expensive)
Ecuador
Guayaquil vs Guayaquil (Guayaquil has similar costs) Guayaquil vs Quito (Quito is 1% less expensive) Guayaquil vs Cuenca (Cuenca is 15% less expensive) Guayaquil vs Santo Domingo (Santo Domingo is 35% less expensive) Guayaquil vs Duran (Duran is 11% less expensive) Guayaquil vs Machala (Machala is 35% less expensive) Guayaquil vs Manta (Manta is 4% less expensive) Guayaquil vs Portoviejo (Portoviejo is 16% less expensive) Guayaquil vs Loja (Loja is 32% less expensive) Guayaquil vs Quevedo (Quevedo is 28% less expensive)
Peru
Guayaquil vs Lima (Lima is 8% more expensive) Guayaquil vs Arequipa (Arequipa is 38% less expensive) Guayaquil vs Trujillo (Trujillo is 23% less expensive) Guayaquil vs Chiclayo (Chiclayo is 43% less expensive) Guayaquil vs Callao (Callao is 14% less expensive) Guayaquil vs Piura (Piura is 38% less expensive) Guayaquil vs Cusco (Cusco is 29% less expensive) Guayaquil vs Chimbote (Chimbote is 45% less expensive) Guayaquil vs Huancayo (Huancayo is 35% less expensive) Guayaquil vs Iquitos (Iquitos is 25% less expensive)
Venezuela
Guayaquil vs Caracas (Caracas is 15% more expensive) Guayaquil vs Maracaibo (Maracaibo is 22% less expensive) Guayaquil vs Valencia (Valencia is 14% less expensive) Guayaquil vs Maracay (Maracay is 20% less expensive) Guayaquil vs Barquisimeto (Barquisimeto is 21% less expensive) Guayaquil vs Barinas (Barinas is 12% less expensive) Guayaquil vs Ciudad Guayana (Ciudad Guayana is 2% less expensive) Guayaquil vs Catia La Mar (Catia La Mar is 4% more expensive) Guayaquil vs Ciudad Bolivar (Ciudad Bolivar is 4% less expensive) Guayaquil vs Santa Teresa del Tuy (Santa Teresa del Tuy has similar costs)
Colombia
Guayaquil vs Bogota (Bogota is 5% less expensive) Guayaquil vs Medellin (Medellin is 4% less expensive) Guayaquil vs Cali (Cali is 19% less expensive) Guayaquil vs Barranquilla (Barranquilla is 13% less expensive) Guayaquil vs Cartagena (Cartagena is 18% less expensive) Guayaquil vs Cucuta (Cucuta is 39% less expensive) Guayaquil vs Soacha (Soacha is 18% less expensive) Guayaquil vs Soledad (Soledad is 8% less expensive) Guayaquil vs Villavicencio (Villavicencio is 48% less expensive) Guayaquil vs Bucaramanga (Bucaramanga is 29% less expensive)
Brazil
Guayaquil vs Sao Paulo (Sao Paulo is 11% more expensive) Guayaquil vs Rio de Janeiro (Rio de Janeiro is 5% more expensive) Guayaquil vs Brasilia (Brasilia is 11% less expensive) Guayaquil vs Fortaleza (Fortaleza is 21% less expensive) Guayaquil vs Salvador (Salvador is 19% less expensive) Guayaquil vs Belo Horizonte (Belo Horizonte is 14% less expensive) Guayaquil vs Manaus (Manaus is 12% less expensive) Guayaquil vs Curitiba (Curitiba is 16% less expensive) Guayaquil vs Recife (Recife is 15% less expensive) Guayaquil vs Goiania (Goiania is 28% less expensive)
Argentina
Guayaquil vs Buenos Aires (Buenos Aires is 0% less expensive) Guayaquil vs Cordoba (Cordoba is 2% more expensive) Guayaquil vs Rosario (Rosario is 31% less expensive) Guayaquil vs San Miguel de Tucuman (San Miguel de Tucuman is 24% less expensive) Guayaquil vs Mar del Plata (Mar del Plata is 18% less expensive) Guayaquil vs Salta (Salta is 20% less expensive) Guayaquil vs San Juan (San Juan is 28% less expensive) Guayaquil vs Lanus (Lanus is 11% less expensive) Guayaquil vs Santiago del Estero (Santiago del Estero is 57% less expensive) Guayaquil vs Santa Fe (Santa Fe is 22% less expensive)
Bolivia
Guayaquil vs Santa Cruz de la Sierra (Santa Cruz de la Sierra is 16% less expensive) Guayaquil vs La Paz (La Paz is 26% less expensive) Guayaquil vs El Alto (El Alto is 30% less expensive) Guayaquil vs Cochabamba (Cochabamba is 41% less expensive) Guayaquil vs Sucre (Sucre is 28% less expensive) Guayaquil vs Oruro (Oruro is 34% less expensive) Guayaquil vs Potosi (Potosi is 45% less expensive) Guayaquil vs Tarija (Tarija is 31% less expensive) Guayaquil vs Sacaba (Sacaba is 41% less expensive) Guayaquil vs Trinidad (Trinidad is 15% less expensive)
Paraguay
Guayaquil vs Asuncion (Asuncion is 27% less expensive) Guayaquil vs Ciudad del Este (Ciudad del Este is 42% less expensive) Guayaquil vs Luque (Luque is 34% less expensive) Guayaquil vs San Lorenzo (San Lorenzo is 32% less expensive) Guayaquil vs Pedro Juan Caballero (Pedro Juan Caballero is 42% less expensive) Guayaquil vs Caaguazu (Caaguazu is 55% less expensive) Guayaquil vs Encarnacion (Encarnacion is 43% less expensive) Guayaquil vs Coronel Oviedo (Coronel Oviedo is 41% less expensive) Guayaquil vs Concepcion (Concepcion is 41% less expensive)