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City in Guayas, Ecuador

Cost of living in Guayaquil

Updated October 2026Sources

How much a month costs in Guayaquil

For one person, including rent. A comfortable month costs about $1,300–1,900 ($1,300–1,900).

Lean$650–950$650–950 · Room or studio, local food
Comfortable$1,300–1,900$1,300–1,900 · 1-bed apartment, eating out daily
Luxury$2,800–4,200$2,800–4,200 · Upscale apartment, restaurants, taxis

Prices in Guayaquil

Typical 2026 ranges in USD, rounded. US$ at the 03 Oct 2026 exchange rate.

ItemUSDUS$
Housing
1-bedroom apartment, center (month)$400–800$400–800
1-bedroom apartment, outside center (month)$280–550$280–550
Hostel dorm bed (night)$10–18$10–18
Mid-range hotel room (night)$45–90$45–90
Food and drink
Local meal or street food$3–5$3–5
Mid-range restaurant, per person$9–18$9–18
Cappuccino$2–4$2–4
Local beer, 0.5 l in a bar$2–4$2–4
Getting around
Ride-hailing or taxi, about 5 km$3–6$3–6
Work and life
Gym membership (month)$20–45$20–45
Mobile data, 20–50 GB (month)$10–20$10–20

Value for money: 32/100

A value score of 32/100 means Guayaquil gives more quality of life per dollar than 31% of the 1,319 places we cover. Quality here scores 45/100. It's the 7th most affordable of 10 places we cover in Ecuador.

Quality factorScore
Safety25
Air quality70
Internet79
Healthcare50
Weather0
Friendly locals75
English25

Cost of living across Ecuador

One person, comfortable lifestyle, including rent.

PlaceComfortable monthValue
Otavalo$900–1,40084/100
Mindo$900–1,40085/100
Baños$1,000–1,50076/100
Montañita$1,000–1,60073/100
Puerto López$1,000–1,600—
Cuenca$1,300–1,90063/100
Guayaquil$1,300–1,90032/100
Vilcabamba$1,300–2,000—
Quito$1,400–2,00039/100
Galápagos Islands$3,500–5,5005/100

Cheaper alternatives to Guayaquil

Similar safety, lower cost, in South America.

PlaceCountryComfortable month
SucreBolivia$457–706
UyuniBolivia$499–831
HuarazPeru$697–1,100
HuacachinaPeru$726–1,160
SaltaArgentina$788–1,310

Quick answers

How much money do you need per month in Guayaquil?

About $650–950 on a lean budget, $1,300–1,900 for a comfortable month and $2,800–4,200 for a luxury one, rent included.

How much is rent in Guayaquil?

A furnished 1-bedroom apartment costs $400–800 ($400–800) a month in the center and $280–550 ($280–550) outside it.

How much does food cost in Guayaquil?

A local meal is $3–5 ($3–5); a mid-range restaurant is $9–18 ($9–18) per person.

Is Ecuador expensive?

Prices in Ecuador are about 42% of US price levels (World Bank PPP).

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Sources

Prices are SoloSquare estimates for 2026, reviewed against official and operator prices where available. Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.