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

Monthly Cost of Living

A single person spends $1,040 per month in Guayaquil vs $942 in Bahia de Caraquez, rent included.

A couple spends around $1,693 per month in Guayaquil vs $1,457 in Bahia de Caraquez, rent included.

A family of three spends $2,346 per month in Guayaquil vs $1,971 in Bahia de Caraquez, rent included.

Guayaquil costs about 10% more than Bahia de Caraquez, driven mainly by Getting Around.

Both Guayaquil and Bahia de Caraquez are more affordable than the global median – Guayaquil 22% lower, Bahia de Caraquez 30% lower.

Meal at Budget Restaurant

$3.44 $3.44

$3.42 $3.42

0.58%

Three-Course Dinner for Two, Mid-Range

$47.55 $47.55

$47.84 $47.84

-0.61%

Fast Food Meal (McDonalds, etc)

$8.05 $8.05

$8.09 $8.09

-0.49%

Cappuccino

$2.53 $2.53

$2.63 $2.63

-3.80%

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

$0.84 $0.84

$0.85 $0.85

-1.18%

Water (0.33 liter bottle)

$0.62 $0.62

$0.63 $0.63

-1.59%

Local Beer (0.5 liter draught)

$2.95 $2.95

$2.96 $2.96

-0.34%

Imported Beer (0.33 liter bottle)

$4.41 $4.41

$4.62 $4.62

-4.55%

Milk (1 liter)

$1.10 $1.10

$1.13 $1.13

-2.65%

White Bread (500g)

$1.74 $1.74

$1.72 $1.72

1.16%

Rice (white) (1kg)

$1.77 $1.77

$1.76 $1.76

0.57%

Eggs

$2.61 $2.61

$2.50 $2.50

4.40%

Local Cheese (1kg)

$5.91 $5.91

$6.18 $6.18

-4.37%

Chicken Fillets (1kg)

$5.37 $5.37

$5.16 $5.16

4.07%

Beef Round Steak (1kg)

$6.34 $6.34

$6.42 $6.42

-1.25%

Apples (1kg)

$2.09 $2.09

$2.13 $2.13

-1.88%

Banana (1kg)

$1.54 $1.54

$1.06 $1.06

45.28%

Oranges (1kg)

$1.04 $1.04

$1.10 $1.10

-5.45%

Tomato (1kg)

$1.20 $1.20

$1.08 $1.08

11.11%

Potato (1kg)

$1.82 $1.82

$1.89 $1.89

-3.70%

Onion (1kg)

$1.41 $1.41

$1.45 $1.45

-2.76%

Lettuce (1 head)

$0.70 $0.70

$0.68 $0.68

2.94%

Water (1.5 liter bottle)

$0.99 $0.99

$0.98 $0.98

1.02%

Cigarettes 20 Pack (Marlboro, Camel)

$6.13 $6.13

$5.87 $5.87

4.43%

Wine (Bottle)

$12.12 $12.12

$11.86 $11.86

2.19%

Local Beer (0.5 liter bottle)

$1.57 $1.57

$1.63 $1.63

-3.68%

Imported Beer (0.33 liter bottle)

$2.13 $2.13

One-way Ticket (Public Transport)

$0.36 $0.36

Public Transport Monthly Pass (Regular Price)

$20.98 $20.98

$23.80 $23.80

-11.85%

Taxi Start (Normal Tariff)

$2.72 $2.72

$2.81 $2.81

-3.20%

Taxi (Normal Tariff) (1km)

$2.79 $2.79

$1.02 $1.02

173.53%

Taxi 1hour Waiting (Normal Tariff)

$9.81 $9.81

$10.05 $10.05

-2.39%

Gasoline (1 liter)

$0.68 $0.68

$0.67 $0.67

1.49%

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

$25.3K $25.3K

$25.4K $25.4K

-0.63%

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

$29.1K $29.1K

$28.8K $28.8K

0.96%

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

$109 $109

$38.08 $38.08

187.32%

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

$13.43 $13.43

$13.81 $13.81

-2.75%

Internet (50+ Mbps, Unlimited Data)

$32.21 $32.21

$31.69 $31.69

1.64%

Gym Membership (Monthly)

$35.35 $35.35

$29.99 $29.99

17.87%

Tennis Court (1 Hour on Weekend)

$47.24 $47.24

$14.69 $14.69

221.58%

Cinema Ticket

$7.56 $7.56

$7.81 $7.81

-3.20%

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

$310 $310

$317 $317

-2.19%

International Primary School, 1 Child (Yearly)

$5,810 $5,810

$5,931 $5,931

-2.04%

Jeans (Levis 501 Or Similar)

$52.0 $52.0

$53.1 $53.1

-2.05%

Summer Dress (H&M, Zara, etc)

$43.76 $43.76

$43.91 $43.91

-0.34%

Sport Shoes (Adidas, Nike)

$104 $104

-0.54%

Men's Leather Business Shoes

$113 $113

$112 $112

0.83%

1-bedroom Apartment, City Center (Monthly)

$336 $336

$342 $342

-1.65%

1-bedroom Apartment, Outside City Center (Monthly)

$364 $364

$311 $311

16.81%

3-bedroom Apartment, City Center (Monthly)

$517 $517

$631 $631

-17.96%

3-bedroom Apartment, Outside City Center (Monthly)

$712 $712

$499 $499

42.76%

Buy Apartment in City Center (m2)

$2,290 $2,290

$1,320 $1,320

73.47%

Buy Apartment Outside City Center (m2)

$1,523 $1,523

$933 $933

63.29%

Average Monthly Net Salary (After Tax)

$578 $578

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 Guayaquil: April 27, 2026

Last update for Bahia de Caraquez: April 26, 2026

Cost Breakdown

A central one-bedroom costs $336 in Guayaquil versus $342 in Bahia de Caraquez. 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 $48.00 in Guayaquil versus $48.00 in Bahia de Caraquez. Groceries tell a different story – $199 in Guayaquil vs $195 in Bahia de Caraquez – so Bahia de Caraquez wins on supermarket bills even if dining out costs more.

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

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

Monthly costs with rent: $1,040 in Guayaquil, $942 in Bahia de Caraquez – roughly 10% apart. Guayaquil costs more across the board, with Getting Around showing the biggest gap.

For a comfortable life, plan on about $1,560 per month in Guayaquil and $1,413 in Bahia de Caraquez. 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 $310 per month in Guayaquil and $317 in Bahia de Caraquez. 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.

$1,200 covers both cities comfortably – all-in costs are $1,040 in Guayaquil and $942 in Bahia de Caraquez, leaving budget for savings and extras in both cases.

It depends on your priorities. Bahia de Caraquez has an edge in some lifestyle areas, with costs from $942 in Bahia de Caraquez to $1,040 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.