Cost of Living Comparison Between Bahia de Caraquez and Guayaquil Cost of Living Comparison Between Bahia de Caraquez and Guayaquil

Monthly Cost of Living

A single person spends $922 per month in Bahia de Caraquez vs $1,044 in Guayaquil, rent included.

A couple spends around $1,426 per month in Bahia de Caraquez vs $1,652 in Guayaquil, rent included.

A family of three spends $1,930 per month in Bahia de Caraquez vs $2,260 in Guayaquil, rent included.

Bahia de Caraquez is about 12% cheaper than Guayaquil, driven mainly by Sport & Entertainment.

Both Bahia de Caraquez and Guayaquil are more affordable than the global median – Bahia de Caraquez 31% lower, Guayaquil 22% lower.

Meal at Budget Restaurant

$3.54 $3.54

$3.52 $3.52

0.57%

Three-Course Dinner for Two, Mid-Range

$46.60 $46.60

$47.22 $47.22

-1.31%

Fast Food Meal (McDonalds, etc)

$8.21 $8.21

$8.18 $8.18

0.37%

Cappuccino

$2.55 $2.55

$2.54 $2.54

0.39%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.92 $0.92

$0.84 $0.84

9.52%

Water (0.33 liter bottle)

$0.66 $0.66

$0.63 $0.63

4.76%

Local Beer (0.5 liter draught)

$2.93 $2.93

$2.97 $2.97

-1.35%

Imported Beer (0.33 liter bottle)

$4.38 $4.38

$4.41 $4.41

-0.68%

Milk (1 liter)

$1.09 $1.09

$1.13 $1.13

-3.54%

White Bread (500g)

$1.70 $1.70

$1.78 $1.78

-4.49%

Rice (white) (1kg)

$1.75 $1.75

$1.79 $1.79

-2.23%

Eggs

$2.55 $2.55

$2.51 $2.51

1.59%

Local Cheese (1kg)

$5.94 $5.94

$5.89 $5.89

0.85%

Chicken Fillets (1kg)

$5.15 $5.15

$5.12 $5.12

0.59%

Beef Round Steak (1kg)

$6.37 $6.37

$6.38 $6.38

-0.16%

Apples (1kg)

$2.11 $2.11

$2.12 $2.12

-0.47%

Banana (1kg)

$1.05 $1.05

$1.47 $1.47

-28.57%

Oranges (1kg)

$1.06 $1.06

$1.05 $1.05

0.95%

Tomato (1kg)

$1.04 $1.04

$1.15 $1.15

-9.57%

Potato (1kg)

$1.81 $1.81

Onion (1kg)

$1.45 $1.45

Lettuce (1 head)

$0.74 $0.74

$0.69 $0.69

7.25%

Water (1.5 liter bottle)

$1.03 $1.03

Cigarettes 20 Pack (Marlboro, Camel)

$6.13 $6.13

$6.11 $6.11

0.33%

Wine (Bottle)

$12.20 $12.20

$11.87 $11.87

2.78%

Local Beer (0.5 liter bottle)

$1.64 $1.64

$1.60 $1.60

2.50%

Imported Beer (0.33 liter bottle)

$2.16 $2.16

$2.18 $2.18

-0.92%

One-way Ticket (Public Transport)

$0.33 $0.33

$0.34 $0.34

-2.94%

Public Transport Monthly Pass (Regular Price)

$24.34 $24.34

$20.70 $20.70

17.58%

Taxi Start (Normal Tariff)

$2.78 $2.78

$2.77 $2.77

0.36%

Taxi (Normal Tariff) (1km)

$0.98 $0.98

$2.70 $2.70

-63.70%

Taxi 1hour Waiting (Normal Tariff)

$10.07 $10.07

$10.12 $10.12

-0.49%

Gasoline (1 liter)

$0.67 $0.67

$0.65 $0.65

3.08%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$25.1K $25.1K

-0.11%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$28.9K $28.9K

$29.3K $29.3K

-1.19%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$37.14 $37.14

$107 $107

-65.16%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$13.96 $13.96

$13.61 $13.61

2.57%

Internet (50+ Mbps, Unlimited Data)

$31.65 $31.65

$31.97 $31.97

-1.00%

Gym Membership (Monthly)

$29.43 $29.43

$35.93 $35.93

-18.09%

Tennis Court (1 Hour on Weekend)

$14.44 $14.44

$46.57 $46.57

-68.99%

Cinema Ticket

$7.79 $7.79

$7.64 $7.64

1.96%

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

$319 $319

$320 $320

-0.21%

International Primary School, 1 Child (Yearly)

$5,827 $5,827

$5,802 $5,802

0.43%

Jeans (Levis 501 Or Similar)

$51.2 $51.2

$52.8 $52.8

-3.07%

Summer Dress (H&M, Zara, etc)

$43.12 $43.12

$42.70 $42.70

0.98%

Sport Shoes (Adidas, Nike)

$104 $104

-0.21%

Men's Leather Business Shoes

$113 $113

$111 $111

1.74%

1-bedroom Apartment, City Center (Monthly)

$345 $345

$348 $348

-0.97%

1-bedroom Apartment, Outside City Center (Monthly)

$318 $318

$369 $369

-13.87%

3-bedroom Apartment, City Center (Monthly)

$617 $617

$508 $508

21.39%

3-bedroom Apartment, Outside City Center (Monthly)

$497 $497

$706 $706

-29.51%

Buy Apartment in City Center (m2)

$1,294 $1,294

$2,298 $2,298

-43.70%

Buy Apartment Outside City Center (m2)

$744 $744

$1,459 $1,459

-49.03%

Average Monthly Net Salary (After Tax)

$590 $590

20-Year Fixed Mortgage Interest Rate (Annual %)

9.35

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Bahia de Caraquez: June 14, 2026

Last update for Guayaquil: June 15, 2026

Cost Breakdown

A central one-bedroom costs $345 in Bahia de Caraquez versus $348 in Guayaquil. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $47.00 in Bahia de Caraquez versus $47.00 in Guayaquil. Monthly groceries follow the same trend: $195 vs $198 – making Bahia de Caraquez the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Bahia de Caraquez vs Guayaquil: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $922 in Bahia de Caraquez, $1,044 in Guayaquil – roughly 13% apart. Guayaquil costs more across the board, with Sport & Entertainment showing the biggest gap.

For a comfortable life, plan on about $1,383 per month in Bahia de Caraquez and $1,566 in Guayaquil. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Bahia de Caraquez, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $319 per month in Bahia de Caraquez and $320 in Guayaquil. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 2% more in Guayaquil, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Bahia de Caraquez, where all-in costs run around $922, than in Guayaquil at $1,044. In Bahia de Caraquez it covers expenses comfortably, while in Guayaquil it requires careful planning or may not stretch far enough.

It depends on your priorities. Bahia de Caraquez has an edge in some lifestyle areas, with costs from $922 in Bahia de Caraquez to $1,044 in Guayaquil. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Bahia de Caraquez. If higher salaries, better infrastructure, or specific career opportunities are the priority, Guayaquil makes more sense. Both are solid long-term options with distinct trade-offs.