Cost of Living Comparison of Guayaquil vs Quito

Summary

Cost of living in Guayaquil is 78% more expensive than Quito according to the average local monthly cost. For more insights check the list of prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$975

$219

Cost of Living

$586

Average Salary

$616

Average House Rent

Rent Per Month

Name

Guayaquil

Quito

Apartment (1 bedroom) in City Centre

$474.88

Apartment (1 bedroom) Outside of Centre

$372.57

Apartment (3 bedrooms) in City Centre

$823.51

Apartment (3 bedrooms) Outside of Centre

$713.06

Salaries And Financing

Name

Guayaquil

Quito

Average Monthly Net Salary (After Tax)

$586.56

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

%10.25

Utilities (Monthly)

Name

Guayaquil

Quito

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment

$83.29

$37.24

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

$0.15

$0.13

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

$43.39

$33.46

Markets

Name

Guayaquil

Quito

Milk (regular), (1 liter)

$1.23

$0.9

Loaf of Fresh White Bread (500g)

$1.65

$1.42

Eggs (regular) (12)

$2.13

$1.5

Local Cheese (1kg)

$4.78

$5.25

Water (1.5 liter bottle)

$1.1

$1.29

Bottle of Wine (Mid-Range)

$14

$10.17

Domestic Beer (0.5 liter bottle)

$1.2

$1.35

Imported Beer (0.33 liter bottle)

$2.09

$3.03

Cigarettes 20 Pack (Marlboro)

$5.76

$5.67

Apples (1kg)

$2.86

$1.55

Chicken Breasts (Boneless, Skinless), (1kg)

$8.5

$5.19

Oranges (1kg)

$2.42

$1.17

Potato (1kg)

$1.44

$1.41

Lettuce (1 head)

$0.71

$0.45

Rice (white), (1kg)

$1.09

$1.06

Tomato (1kg)

$1.68

$1.13

Banana (1kg)

$1.51

$0.88

Onion (1kg)

$1.74

$1.14

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

$6.83

Transportation

Name

Guayaquil

Quito

One-way Ticket (Local Transport)

$0.31

Monthly Pass (Regular Price)

$13

Gasoline (1 liter)

$0.6

$0.54

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

$30,000

$25,831.67

Taxi Start (Normal Tariff)

$1.97

$1.33

Taxi 1km (Normal Tariff)

$1.26

$1.25

Taxi 1hour Waiting (Normal Tariff)

$8.67

$8.17

Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)

$29,546.67

$27,917.72

Clothing And Shoes

Name

Guayaquil

Quito

1 Pair of Jeans (Levis 501 Or Similar)

$69.61

$60.28

1 Summer Dress in a Chain Store (Zara, H&M, ...)

$56.04

$60

1 Pair of Nike Running Shoes (Mid-Range)

$112.03

$97.24

1 Pair of Men Leather Business Shoes

$120.59

$79.16

Restaurants

Name

Guayaquil

Quito

Meal, Inexpensive Restaurant

$4.04

$3.05

Meal for 2 People, Mid-range Restaurant, Three-course

$33.67

$25.84

McMeal at McDonalds (or Equivalent Combo Meal)

$6.16

$4.67

Domestic Beer (0.5 liter draught)

$1.5

$1.9

Imported Beer (0.33 liter bottle)

$2.92

$2.97

Coke/Pepsi (0.33 liter bottle)

$0.74

$0.72

Water (0.33 liter bottle)

$0.46

$0.48

Cappuccino (regular)

$2.13

$2.33

Sports And Leisure

Name

Guayaquil

Quito

Fitness Club, Monthly Fee for 1 Adult

$49.54

Tennis Court Rent (1 Hour on Weekend)

$23.35

Cinema, International Release, 1 Seat

$5.83

Childcare

Name

Guayaquil

Quito

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

$315.24

$195

International Primary School, Yearly for 1 Child

$5,823.62

$4,500

Buy Apartment Price

Name

Guayaquil

Quito

Price per Square Meter to Buy Apartment in City Centre

$1,514.17

Price per Square Meter to Buy Apartment Outside of Centre

$1,295.95