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Cost of Living in Guayaquil, Ecuador

Prices in Guayaquil

Compare Guayaquil with:
IndexInfo
Consumer Price Index (Excl.Rent): ?
Rent Index: 12.75
Groceries Index: ?
Restaurants Index: 30.36
Consumer Price Plus Rent Index: ?
Local Purchasing Power: ?

Currency: Default Currency      Switch to imperial measurement units
There is no much data for Guayaquil. You probably will get better insight if you look at data for Average in Ecuador
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Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 3.62 $
3.00
4.00
Meal for 2, Mid-range Restaurant, Three-course 19.00 $
18.00
25.00
Combo Meal at McDonalds or Similar 6.00 $
5.25
7.00
Domestic Beer (0.5 liter draught) 1.20 $
1.00
1.50
Imported Beer (0.33 liter bottle) 2.00 $
1.50
2.50
Cappuccino (regular) 2.14 $
1.80
2.50
Coke/Pepsi (0.33 liter bottle) 0.88 $
0.80
1.00
Water (0.33 liter bottle) 0.44 $
0.25
0.60
Markets [Edit] Avg.
Milk (regular), (1 liter) 1.10 $
1.00
1.20
Loaf of Fresh White Bread (500g) 2.10 $
2.00
2.20
Rice (white), (1kg) 1.89 $
0.77
3.00
Eggs (12) 1.75 $
1.50
2.00
Local Cheese (1kg) 3.97 $
2.50
5.00
Chicken Breasts (Boneless, Skinless), (1kg) 5.20 $
4.41
6.00
Apples (1kg) ?
Oranges (1kg) 1.00 $
Tomato (1kg) 1.50 $
Potato (1kg) 2.50 $
Lettuce (1 head) 0.80 $
Water (1.5 liter bottle) 1.25 $
1.00
1.50
Bottle of Wine (Mid-Range) 11.00 $
10.00
12.00
Domestic Beer (0.5 liter bottle) 1.10 $
1.00
1.20
Imported Beer (0.33 liter bottle) 2.75 $
2.50
3.00
Pack of Cigarettes (Marlboro) 2.75 $
2.50
3.00
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 0.25 $
0.25
0.25
Monthly Pass (Regular Price) ?
Taxi Start (Normal Tariff) 2.00 $
1.50
2.00
Taxi 1km (Normal Tariff) 0.35 $
Taxi 1hour Waiting (Normal Tariff) 6.80 $
3.60
10.00
Gasoline (1 liter) 0.51 $
0.39
0.62
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 $
20,000.00
30,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 77.78 $
60.00
113.33
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.18 $
0.10
0.25
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 54.97 $
45.00
70.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 55.00 $
50.00
60.00
Tennis Court Rent (1 Hour on Weekend) 30.00 $
Cinema, International Release, 1 Seat 5.20 $
4.00
8.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 96.67 $
90.00
100.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 76.67 $
50.00
100.00
1 Pair of Nike Shoes 153.33 $
150.00
160.00
1 Pair of Men Leather Shoes 93.33 $
60.00
120.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 283.33 $
250.00
300.00
Apartment (1 bedroom) Outside of Centre 237.50 $
225.00
250.00
Apartment (3 bedrooms) in City Centre 633.33 $
600.00
700.00
Apartment (3 bedrooms) Outside of Centre 475.00 $
450.00
500.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 1,350.00 $
1,200.00
1,500.00
Price per Square Meter to Buy Apartment Outside of Centre 933.33 $
800.00
1,000.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 375.00 $
350.00
400.00
Mortgage Interest Rate in Percentages (%), Yearly 13.66
11.33
16.00

These data are based on 181 entries in the past 18 months from 16 different contributors.

Last update: July, 2014

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8 Comments so far

#Manuel on Jun 02, 2014 :
Another company for Taxis is
Fastline +593 4 2823333 / +593 4 2622044 / +593 999567111
They are good in all Guayaquil's northern area and have english speakers
#Manuel on Jun 02, 2014 :
Martin pretty good description and closest to what is going on in Ecuador I agree with James about no sugar coating. I am ecuadorian and lived abroad almost 10 years, most of them in Australia.
In regards to taxis, personally I rather to take just company ones, they are a bit dearer but I have peace of mine. Negotiate prices for the ride it is the way to go in Guayaquil, for many years Council have tried to established the taximeter service but negotiating culture has ruled. Short ride of 15 to 20 min is $2.50 to $3 with no heavy traffic, with heavy traffic could cost $4 to $5. Usually peek hours which is from 7am to 10am and 6pm to 8:30pm it is really hard to get a taxi and worst trying to get to downtown or Northern city area and viceversa. So for this reason is advised to keep few numbers of taxis companies to move around until you get yourself a car. Which is convenient in the long run, I got myself a second hand car SUV which is good to keep in mind if you like to travel or you are a bit adventurous and... because once in a while some areas get flooded and with a SUV of 4x4 you will just cruise through it
I would like to invite you to join for free to InterNations (great Expats community) in Guayaquil which is the city where I have settled since I came back from Sydney, Australia. Their website is www.internations.org
Through InterNations I have met a group of English people who gather at the Phoenix Club (British Club) every monday and so. Of course there is a good blend of nationalities on IN group, a bit from everywhere but mostly from US, CAN and UK. My english friend John Abell is member of IN and member of the Phoenix Club once in while we organize social events for our expat community in Guayaquil. When you get in town, send me a message and we could meet for a cold beer or for an InterNations montly meeting.

Cheers!!

My email is manuel_cajas@hotmail.com

Here some Taxi companies in Guayaquil:

Taxi Comfortfast Line: +593 94085586 when dialing from a mobile: 0994085586
This company is good in the Samborondon, Alborada, Sauces, Aeropuerto, Kennedy, Urdesa, Terminal Terrestre (Bus Terminal) and downtown area.

Taxi Paraiso: +593 4 2201877
This company are good in the Ceibos, Pto. Azul, Via a la Costa, Urdesa, Kennedy, Miraflores and downtown area.
#Lenora on Jan 07, 2014 :
Thanks for the detailed info, Martin. Of the three cities you've lived in, which do you like the most? Do you live where you have a view of the Pacific in Quayaquil? For a combined family of retired parents in their late 70s on US Social Security income only of 1100/mo USD and a late 50s daughter - not yet retired - with a military pension of 3455/mo USD, would you say that monthly income of 4500-4600 USD will be more than adequate to live very comfortably?
#Karen on Nov 23, 2013 :
Go to the Ecuador boards in Expat Exchange.com and read the Facebook page for Ecuador Expats. Those sites will give you a good idea of what it is like there.
#Cat Marcuri on Nov 10, 2013 :
I am very interested in moving to Ecuador. I am an American, and after years living in other countries, I am very unhappy being back in the United States. Ecuador seems to be the best place in South America to go to, so I would like very much to know more about the country. My Spanish is not so good, but after three years in Italy I think I wouldn't have much trouble learning to speak the language. I would purchase a health plan, and I have been told that the doctors in Ecuador are on par with the doctors in the U.S. (not saying much these days, I know, but hey...). I would love to have a conversation with someone about the realities of living in Ecuador, so please feel free to email me and tell me what you know. Thanks for reading, and thanks for your time!
#Helen Hung on Sep 09, 2013 :
i do not use debit or credit cards. can i come to live there with just cash and pay everything in cash?
#James on Jun 20, 2013 :
Hi Martin,

Your comments are real, I thank you for your time in collating this information and not sugar-coating the situation. A large beautiful country with less than 15 million people with a socialist ideology. I move to Ecuador mid-2014 to Guayaquil area. This information gave me a good snap-shot so I wanted to say thank for the 'local knowledge'. Email me if you want to meet when I move there, I am from UK have lived in Australia for 10 years - western 'civilizations' not for me, looking forward to the Andean country.

J
#Martin on May 29, 2013 :
I have lived here since April 2012. Before that I lived in Quito and Cuenca. I have been in Ecuador for 3 years as of May 2013.

It is not cheap. The apartments in South GYE start at $300.00 for unsecured and that means no gates. Go north to Samborondon and the rent for a 1 bedroom starts at $400.00 without security. Samborondon is like living in Ventura County, California. Samborondon has an attitude. If you don't have money you don't fit in.

Prices here are not cheap in Megamaxi. Fruits and veggies at the mercados is fair but deal with them. Every thing is packaged to sell for $1.00 so buy 2 packages and maybe pay $1.75.

Visit other cities and adjust prices by 10% up and down. Beer in Ecuador is $1.25 for a big bottle at the tienda. A good beer "Club" is $4.85 6pk for small bottles. The same beer will be 3X that in a restaurant.

Food in restaurants catering to gringos is not cheap. McDonalds is not cheap. Papa Johns is not cheap. Either is KFC.

Gas for the car is cheap. Utilities are like in the states. $50 pays for running a small air conditioner 1/2 time. Propane is $3.50 and should last 2 months. Water is $8.00 per month. Expect to pay $80 per week for food at least for 2 people. That is eating pasta and chicken.

So really, you can live here for about $1,200 month. But you won't have much fun. If you live in your apartment 80% of the time you can do it. Go out and you will spend money just like in Europe or the USA. A budget of $2,000 month for 2 will be more in line. I budget $3,000 for the two of us. That give me a nice buffer and a little in the bank.

Travel from GYE to UIO is $70 one way. From GYE to LOH it is $50. Buses are cheap. From GYE to UIO via bus is 9 hrs and $8.00. About 6 hrs from GYE to LOH and it cost about $6.00. Travel via LAN Air and Tame. Visit their direct sights.

Health clubs are $38.00 and up. Samborondon charges $57 month and discounts slightly for advance payment. Most places are $5 per day. Most do not have steam or sauna. Some clubs restrict your hours to 4 per day! Ask them.

Get a price from the taxi driver before you get in the car! Do it. It shouldn't be more than $6 to drive from the airport to downtown Hilton. I go for $5. Do not tip taxi drivers in EC. They operate independently.

Get a business card from the taxi driver. You can usually trust it if it is a large business and has radio dispatch. Taxis here are the same as NYC. If you need to schedule for a early or late pick up, no problem.

Banks are another story. They charge for everything. Even to check your balance. The clerks will charge what ever the want to transfer your money. No set rules. Ask before you take cash from your debit card.

Use Xoom.com to transfer money. Use your bank card to take money from the ATM and take a max per day. Usually $400 on 2 withdraws. Do not use the "other" option. Make several withdraws.

Do not believe anything from the investors here. That includes Gary Scott. He is the worst offender and liar. He even wrote that the cops don't take bribes in Ecuador. He is a joke.

The tours are expensive. Use caution. They don't pay for food and they don't show you much.

A driver with car charges $8.00 hr or by trip. From Quito to Cuenca it is about $350 in a SUV for 3 passengers. Don't pay more. The city drivers are nuts. But go with it and relax.

Caution about hiring full time help. You must pay their social security on top of their salaries. So for a salary of $400 you will pay $500. Talk to the attorney. If you mess this up they will jail you and fine you and you will have to pay penalties. Keep a signed receipt of all payments with signatures, dates, times and duty.

Down payment on a house is 30%. Most banks want you to be in their system for 1 year or 6 months before they will finance you. About the same with a car purchase. Open a savings account when you get here. It will turn to a checking account after 6 months. Apply for a credit card. Show them proof of your income.

Ask questions. Remember, this is their country not yours. It isn't the same as in the USA. Remember, if you do not have health insurance you must use your credit card and not a debit card or show them lots of cash.

A CT cost $200 plus the contrast. The MRI here is $400 to $500. X-rays about $30 for you chest. EKG about $25 in the docs office. Hospital is more. Doctors are only "fair". Best to fly to the states for surgery.

Most pills are available non prescription. Sleeping pills and psychotropics require a doc. Just depends. Ask them. Get a discount card from the drug store and from megamaxi. Most all food and clothing stores have discounts. Some do not take your "debit" card. It must be a "credit" card.

Have fun.

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