Is Lima more expensive than Guayaquil?

Lima is 0.8% cheaper than Guayaquil overall. Rent is 24.8% higher, groceries 16.0% more expensive, and restaurants 15.4% cheaper.

Which city has better purchasing power, Guayaquil or Lima?

Guayaquil has a purchasing power index of 46.5 while Lima has 46.4 (NYC = 100). Guayaquil offers better purchasing power.

Cost of Living Comparison · 2026

🇪🇨 Guayaquil vs 🇵🇪 Lima

2026

Lima is 0.8% cheaper

Category	🇪🇨 Guayaquil	🇵🇪 Lima	Difference
Cost of Living	36.8	36.5	-0.8%
Rent	11.3	14.1	+24.8%
Groceries	35.7	41.4	+16.0%
Restaurants	35.7	30.2	-15.4%
Purchasing Power	46.5	46.4	-0.2%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇪🇨 Cost of Living in Guayaquil

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🇵🇪 Cost of Living in Lima

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🇪🇨 Should I Move to Guayaquil?

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🇵🇪 Should I Move to Lima?