Cost of Living Comparison Between Banos and Guayaquil Cost of Living Comparison Between Banos and Guayaquil

🙂 Solo nomad: Banos is 7.4% cheaper than Guayaquil without rent, and 20.4% cheaper with rent.

🙂 Family of 3: Banos is 7.9% cheaper than Guayaquil without rent, and 24.9% cheaper with rent.

Meal at Budget Restaurant

$2.71 $2.71

$3.6 $3.6

-24.72%

Three-Course Dinner for Two, Mid-Range

$30.09 $30.09

$48.28 $48.28

-37.68%

Fast Food Meal (McDonalds, etc)

$4.92 $4.92

$7.88 $7.88

-37.56%

Cappuccino

$2.54 $2.54

$2.52 $2.52

0.79%

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

$0.91 $0.91

$0.89 $0.89

2.25%

Water (0.33 liter bottle)

$0.63 $0.63

$0.62 $0.62

1.61%

Local Beer (0.5 liter draught)

$3.08 $3.08

$3.07 $3.07

0.33%

Imported Beer (0.33 liter bottle)

$2.05 $2.05

$4.42 $4.42

-53.62%

Milk (1 liter)

$1.05 $1.05

$1.09 $1.09

-3.67%

White Bread (500g)

$1.74 $1.74

$1.77 $1.77

-1.69%

Rice (white) (1kg)

$0.86 $0.86

$1.78 $1.78

-51.69%

Eggs

$1.47 $1.47

$2.63 $2.63

-44.11%

Local Cheese (1kg)

$5.88 $5.88

$6.12 $6.12

-3.92%

Chicken Fillets (1kg)

$5.15 $5.15

$5.22 $5.22

-1.34%

Beef Round Steak (1kg)

$6.09 $6.09

$6.21 $6.21

-1.93%

Apples (1kg)

$2.14 $2.14

$2.07 $2.07

3.38%

Banana (1kg)

$1.05 $1.05

$1.52 $1.52

-30.92%

Oranges (1kg)

$1.05 $1.05

Tomato (1kg)

$1.08 $1.08

$1.16 $1.16

-6.90%

Potato (1kg)

$0.48 $0.48

$1.82 $1.82

-73.63%

Onion (1kg)

$0.99 $0.99

$1.42 $1.42

-30.28%

Lettuce (1 head)

$0.52 $0.52

$0.69 $0.69

-24.64%

Water (1.5 liter bottle)

$0.98 $0.98

Cigarettes 20 Pack (Marlboro, Camel)

$5.84 $5.84

Wine (Bottle)

$10.19 $10.19

$9.97 $9.97

2.21%

Local Beer (0.5 liter bottle)

$1.57 $1.57

Imported Beer (0.33 liter bottle)

$2.23 $2.23

$2.14 $2.14

4.21%

One-way Ticket (Public Transport)

$0.34 $0.34

Public Transport Monthly Pass (Regular Price)

$20.65 $20.65

Taxi Start (Normal Tariff)

$1.28 $1.28

$2.71 $2.71

-52.77%

Taxi (Normal Tariff) (1km)

$1.02 $1.02

$2.67 $2.67

-61.80%

Taxi 1hour Waiting (Normal Tariff)

$9.81 $9.81

$10.13 $10.13

-3.16%

Gasoline (1 liter)

$0.64 $0.64

$0.67 $0.67

-4.48%

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

$25.1K $25.1K

-0.02%

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

$29.6K $29.6K

$29.8K $29.8K

-0.71%

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

$37.39 $37.39

$110 $110

-66.14%

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

$13.82 $13.82

$13.63 $13.63

1.39%

Internet (50+ Mbps, Unlimited Data)

$32.06 $32.06

$31.44 $31.44

1.97%

Gym Membership (Monthly)

$30.18 $30.18

$36.19 $36.19

-16.61%

Tennis Court (1 Hour on Weekend)

$47.11 $47.11

Cinema Ticket

$7.55 $7.55

$7.53 $7.53

0.27%

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

$310 $310

$317 $317

-2.21%

International Primary School, 1 Child (Yearly)

$5,732 $5,732

$5,894 $5,894

-2.73%

Jeans (Levis 501 Or Similar)

$51.3 $51.3

$53.2 $53.2

-3.54%

Summer Dress (H&M, Zara, etc)

$43.91 $43.91

$42.69 $42.69

2.86%

Sport Shoes (Adidas, Nike)

$103 $103

$102 $102

1.28%

Men's Leather Business Shoes

$111 $111

$112 $112

-1.05%

1-bedroom Apartment, City Center (Monthly)

$347 $347

$341 $341

1.65%

1-bedroom Apartment, Outside City Center (Monthly)

$317 $317

$368 $368

-13.80%

3-bedroom Apartment, City Center (Monthly)

$630 $630

$524 $524

20.29%

3-bedroom Apartment, Outside City Center (Monthly)

$501 $501

$708 $708

-29.26%

Buy Apartment in City Center (m2)

$1,265 $1,265

Buy Apartment Outside City Center (m2)

$1,663 $1,663

Average Monthly Net Salary (After Tax)

$579 $579

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 Banos: October 28, 2025

Last update for Guayaquil: October 27, 2025

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