Are you considering a move to Guayaquil, Ecuador, and wondering about the cost of living? Guayaquil is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Guayaquil and help you understand whether $1399 per month is moderately priced, given the average monthly salary of $661.25.
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
3.0 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
42.5 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
6.85 $ |
|
|
Domestic Beer (1 pint draught) |
1.75 $ |
|
|
Imported Beer (12 oz small bottle) |
4.0 $ |
|
|
Cappuccino (regular) |
2.39 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
1.0 $ |
|
|
Water (12 oz small bottle) |
0.52 $ |
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|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.22 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
1.76 $ |
|
|
Rice (white), (1 lb) |
1.42 $ |
|
|
Eggs (regular) (12) |
2.23 $ |
|
|
Local Cheese (1 lb) |
5.56 $ |
|
|
Chicken Fillets (1 lb) |
6.53 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.7 $ |
|
|
Apples (1 lb) |
2.31 $ |
|
|
Banana (1 lb) |
1.42 $ |
|
|
Oranges (1 lb) |
1.42 $ |
|
|
Tomato (1 lb) |
1.13 $ |
|
|
Potato (1 lb) |
1.16 $ |
|
|
Onion (1 lb) |
1.09 $ |
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|
Lettuce (1 head) |
0.67 $ |
|
|
Water (1.5 liter bottle) |
0.92 $ |
|
|
Bottle of Wine (Mid-Range) |
8.0 $ |
|
|
Domestic Beer (0.5 liter bottle) |
1.55 $ |
|
|
Imported Beer (12 oz small bottle) |
2.82 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
5.65 $ |
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Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
0.32 $ |
|
|
Monthly Pass (Regular Price) |
15.5 $ |
|
|
Taxi Start (Normal Tariff) |
3.0 $ |
|
|
Taxi 1 mile (Normal Tariff) |
2.5 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
8.5 $ |
|
|
Gasoline (1 gallon) |
0.68 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
20000.0 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
26625.0 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
78.78 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
37.23 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
41.34 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
30.83 $ |
|
|
Cinema, International Release, 1 Seat |
8.25 $ |
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|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
241.88 $ |
|
|
International Primary School, Yearly for 1 Child |
6856.67 $ |
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|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
55.0 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
40.56 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
99.09 $ |
|
|
1 Pair of Men Leather Business Shoes |
103.33 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
368.75 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
272.22 $ |
|
|
Apartment (3 bedrooms) in City Centre |
622.22 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
794.44 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
1133.33 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
1850.0 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
661.25 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
8.49 % |
|
The monthly expenses for living in Guayaquil come to a total of approximately $1399. This includes an average monthly rent of around $368 for a one-bedroom apartment in the city center, along with utilities costing about $97 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $484 per month.
Living in Guayaquil appears to be relatively budget-friendly when considering the average monthly income of $661.25. However, to enjoy a comfortable standard of living in Guayaquil, you would likely need an income exceeding $661.25.
In Guayaquil, the average monthly post-tax salary hovers around $661.25, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Guayaquil is approximately $368. If you're open to living in a location outside the city center, you can expect to pay around $272.22 for such an apartment.
The expense for groceries in Guayaquil can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $324 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in Ecuador can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout Ecuador.
Guayaquil is a rather poor city, and lawlessness flourishes in it. Most often, tourists become victims of robberies and fraud if they do not follow security measures. Walking alone around the city after sunset is strictly not recommended.
Public transport is not safe. It is better to use a taxi to get around the city, especially when you return late at night. Do not sit in the seat near the driver and always make sure that he has turned on the taximeter. If there is no taximeter, discuss the price of the trip before you sit inside the car.
Pickpockets and other petty thieves are particularly active in tourist areas, airports, restaurants, bus terminals, public markets. Thieves often distract their victims, sometimes by purposefully spilling liquid on a victim and pretending to help clean it up (condiment scam). At the same time, accomplices snatch the victim’s bag or pick the victim’s pocket. Be aware.
Ecuador is located in an area of intense seismic activity. There is a high risk of earthquakes, volcanic eruptions, and tsunamis. Before your trip here, study the current hazard level from these risks and take appropriate measures.
Armed robberies are quite common in Guayaquil. Do not wear expensive jewelry while outdoors; take some money with you. Carry a copy of your passport, including the entry page, and keep the original safe. Do not be on the streets of the city late at night and alone.
Although Ecuador has no history of terrorism, it cannot be ruled out due to its proximity to Colombia. Some civil unrest occurs in the city from time to time, so in order not to get into a terrorist attack, stay away from political rallies and crowds.
Most often, scammers here try to deceive tourists, sell them non-existent tours and excursions. In a taxi, you can be fooled by the price of the fare. And if you are given change in cash - dollars are often fake. Be mindful of your surroundings.
Women are not recommended to travel to Guayaquil alone. During the day it can be more or less safe, but at night you better not show on the streets. Besides, local men may show you unwanted increased attention.
Most visitors to Ecuador can enter the country without a visa. However, some visitors from certain countries must first obtain a visa in advance before being allowed to enter the country. Visitors may stay up to 90 days, except citizens of Peru, who are allowed a maximum stay of 180 days, and citizens of China who are allowed to stay for 90 days per the calendar year. A valid passport is a must.
The present currency of Ecuador is the United States dollar. The United States dollar has a sign: $ and a code: USD. One dollar is divided into 100 cents.
The best times to visit Guayaquil for ideal weather are June to December. Average temperatures in Guayaquil vary very little, and the weather feels hot all year with a low chance of precipitation most of the year.
José Joaquín de Olmedo International Airport is the airport serving Guayaquil. It is the second busiest airport in Ecuador. The airport is located 5 kilometers north of Guayaquil's center.
The travel insurance policy is a must when visiting a foreign country. Make sure you got it before starting your journey, the customs officer may ask for it.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 87°F | 86°F | 87°F | 87°F | 86°F | 84°F | 83°F | 84°F | 84°F | 84°F | 85°F | 87°F |
| Temp | 80°F | 80°F | 81°F | 81°F | 79°F | 77°F | 75°F | 75°F | 76°F | 76°F | 77°F | 79°F |
| Low | 75°F | 75°F | 76°F | 75°F | 74°F | 72°F | 70°F | 69°F | 70°F | 71°F | 71°F | 73°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 30°C | 30°C | 30°C | 30°C | 30°C | 28°C | 28°C | 28°C | 28°C | 28°C | 29°C | 30°C |
| Temp | 26°C | 26°C | 27°C | 27°C | 26°C | 25°C | 23°C | 23°C | 24°C | 24°C | 25°C | 26°C |
| Low | 23°C | 23°C | 24°C | 23°C | 23°C | 22°C | 21°C | 20°C | 21°C | 21°C | 21°C | 22°C |