Cost of living in Guayaquil, Ecuador

Summary of cost of living in Guayaquil

  • Family of four estimated monthly costs: $2,374
  • Single person estimated monthly costs: $1,056
  • Guayaquil is the 4th cheapest city in Latin America (28 out of 31)
  • Cost of living in Guayaquil is cheaper than in 90% of cities in the World (175 out of 194)
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List of prices in Guayaquil
Current as of Feb 2024.

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Food Update prices
Basic lunchtime menu (including a drink) in the business district $13
Combo meal in fast food restaurant (big mac meal or similar) $7
500 gr (1 lb.) of boneless chicken breast $2.75
1 liter (1 qt.) of whole fat milk $1.11
12 eggs, large $2.30
1 kg (2 lb.) of tomatoes $1.00
500 gr (16 oz.) of local cheese $3.66
1 kg (2 lb.) of apples $2.19
1 kg (2 lb.) of potatoes $1.12
0.5 l (16 oz) domestic beer in the supermarket $1.49
1 bottle of red table wine, good quality $11
2 liters of coca-cola $2.00
Bread for 2 people for 1 day $0.86
Housing Update prices
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area $822
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area $414
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat $74
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area $532
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area $322
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio $56
Internet 8 mbps (1 month) $25
40” flat screen tv $357
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) $154
Laundry detergent (3 l. ~ 100 oz.) $5.87
Hourly rate for cleaning help $10
Clothes Update prices
1 pair of jeans (levis 501 or similar) $60
1 summer dress in a high street store (zara, h&m or similar retailers) $34
1 pair of sport shoes (nike, adidas, or equivalent brands) $115
1 pair of men’s leather business shoes $84
Transportation Update prices
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new $19,016
1 liter (1/4 gallon) of gas $0.79
Monthly ticket public transport $22
Taxi trip on a business day, basic tariff, 8 km. (5 miles) $10
Personal Care Update prices
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) $5.89
1 box of antibiotics (12 doses) $10
Short visit to private doctor (15 minutes) $30
1 box of 32 tampons (tampax, ob, ...) $5.62
Deodorant, roll-on (50ml ~ 1.5 oz.) $3.86
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) $5.52
4 rolls of toilet paper $1.71
Tube of toothpaste $1.63
Standard men's haircut in expat area of the city $12
Entertainment Update prices
Basic dinner out for two in neighborhood pub $15
2 tickets to the movies $13
2 tickets to the theater (best available seats) $45
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert $51
1 cocktail drink in downtown club $9
Cappuccino in expat area of the city $3.07
1 beer in neighbourhood pub (500ml or 1pt.) $1.63
Ipad wi-fi 128gb $864
1 min. of prepaid mobile tariff (no discounts or plans) $0.19
1 month of gym membership in business district $42
1 package of marlboro cigarettes $2.96
These prices are based on abundant and consistent data. They are very reliable. They are based on 672 prices entered by 52 different people.
Latest price update: February 27, 2024

Guayaquil position in our World Ranking

the world
175th
out of 194
latin america
28th
out of 31

Cheapest and most expensive products in Guayaquil compared to other cities:

latin america
1st
latin america
3rd
latin america
4th
latin america
4th
latin america
4th

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International Cost of Living Index

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