🇪🇨 Ecuador · #417 of 538 cities · 2026

Cost of Living in Guayaquil

2.6% above the Ecuador average

Ranked #417 of 538 cities · More expensive than 22.5% of cities worldwide

Compared to Ecuador average

Rent Prices

Rent Prices in Guayaquil

Apartment City Centre Outside Centre You Save
1-Bedroom USD 317/mo USD 238/mo 25%
3-Bedroom USD 551/mo USD 413/mo 25%
Estimated from rent index. Actual prices vary. · 2026

Cost Indices

Cost of Living
+2.6% Average
Rent
+0.6% Average
Groceries
-0.5% Average
Restaurants
+2.4% Average
Purchasing Power
-3.8% Average

Living in Guayaquil: What to Expect

Guayaquil is average by global standards (ranked #417 of 538 cities). It is 2.6% more expensive than the Ecuador average, based on 3 cities.

Groceries are average, while dining out is average. Groceries offers the best value, while Restaurants is the priciest.

Local purchasing power is limited — residents can afford fewer goods and services than in most cities.

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