Is Guayaquil more expensive than Lima?

Guayaquil is 0.8% more expensive than Lima overall. Rent is 19.9% lower, groceries 13.8% cheaper, and restaurants 18.2% more expensive.

Which city has better purchasing power, Lima or Guayaquil?

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

Cost of Living Comparison · 2026

🇵🇪 Lima vs 🇪🇨 Guayaquil

2026

Guayaquil is 0.8% more expensive

Category	🇵🇪 Lima	🇪🇨 Guayaquil	Difference
Cost of Living	36.5	36.8	+0.8%
Rent	14.1	11.3	-19.9%
Groceries	41.4	35.7	-13.8%
Restaurants	30.2	35.7	+18.2%
Purchasing Power	46.4	46.5	+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 Lima

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🇪🇨 Cost of Living in Guayaquil

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🇵🇪 Should I Move to Lima?

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🇪🇨 Should I Move to Guayaquil?