Guayaquil, Ecuador
Cost of living · 2023 · Americas · Rent +6.8% vs 2022
Rent trend in Guayaquil (2022–2026)
Cost breakdown in Guayaquil (2023)
Estimated monthly budget in Guayaquil
Based on 2023 data. Includes rent, groceries, transport, utilities and occasional dining out.
Cost comparison — cities in Ecuador (2023)
| City | 1-Bed Rent | Groceries | Transport | Utilities | vs Guayaquil |
|---|---|---|---|---|---|
| Guayaquil | USD 357 | USD 263 | USD 24 | USD 99 | — |
| Quito | USD 423 | USD 291 | USD 28 | USD 108 | +18.4% |
Frequently asked questions
What is the cost of living in Guayaquil in 2023?
In 2023, a single person living in Guayaquil needs approximately USD 788/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around USD 1,606/month. Guayaquil is considered a affordable city by global standards.
How much is rent in Guayaquil in 2023?
A 1-bedroom apartment in Guayaquil costs approximately USD 357/month in 2023. A 3-bedroom apartment runs around USD 705/month. Rent has changed +6.8% vs 2022.
How much do groceries cost in Guayaquil?
Monthly grocery costs for one person in Guayaquil are approximately USD 263 in 2023. This covers basic supermarket shopping including food and household essentials.
What does public transport cost in Guayaquil?
A monthly public transport pass in Guayaquil costs USD 24 in 2023, covering unlimited bus, metro and tram travel within the city.
How much are utilities in Guayaquil?
Monthly utility costs in Guayaquil average USD 99 in 2023, covering electricity, heating/cooling, water and internet for a standard apartment.
Is Guayaquil expensive to live in?
Guayaquil is located in Ecuador (Americas). With a 1-bed rent of USD 357/month and total single-person expenses around USD 788/month, it is affordable by global standards.
How much does eating out cost in Guayaquil?
A typical restaurant meal for one person in Guayaquil costs approximately USD 6 in 2023. Budget around USD 45/month if dining out a few times a week.
How have living costs in Guayaquil changed over time?
LifeIndexed tracks cost of living data for Guayaquil from 2022 to 2026. 1-bed rent has increased by 19.6% over this period (from USD 334 in 2022 to USD 400 in 2026). Use the year tabs above to compare costs across years.
What is the monthly budget needed to live comfortably in Guayaquil?
To live comfortably in Guayaquil in 2023, a single person needs approximately USD 788/month. This covers rent (USD 357), groceries (USD 263), transport (USD 24), utilities (USD 99) and dining out occasionally. A family of 3–4 should budget around USD 1,606/month.