Last update: Nov 2026

Cost of Living Comparison Between Guayaquil and Bahia de Caraquez

For one person, living is cheaper in Bahia de Caraquez: $873 a month against $1,281 in Guayaquil, rent and utilities included – about $4,900 less a year. Rent and utilities account for most of the difference.

61

Cost of Living Index in Guayaquil
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Guayaquil Living Index
42

Cost of Living Index in Bahia de Caraquez
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Bahia de Caraquez Living Index

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Guayaquil

🇪🇨 Ecuador

$1,281

/mo nomad

Bahia de Caraquez

🇪🇨 Ecuador

$873

/mo nomad

Monthly Cost of Living

How much you'll spend in Guayaquil and in Bahia de Caraquez

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Guayaquil and in Bahia de Caraquez actually costs, broken down by who's living it.

A single person spends $1,281 per month in Guayaquil vs $873 in Bahia de Caraquez, rent included.

Guayaquil $1,281
Bahia de Caraquez $873

A couple spends around $1,944 per month in Guayaquil vs $1,437 in Bahia de Caraquez, rent included.

Guayaquil $1,944
Bahia de Caraquez $1,437

A family of three spends $2,607 per month in Guayaquil vs $2,002 in Bahia de Caraquez, rent included.

Guayaquil $2,607
Bahia de Caraquez $2,002

Guayaquil costs about 47% more than Bahia de Caraquez, and outside of rent the biggest gap is in transport.

Both Guayaquil and Bahia de Caraquez are more affordable than the global median – Guayaquil 5% lower, Bahia de Caraquez 35% lower.

Meal at Budget Restaurant

$4.10 $4.10

$3.97 $3.97

3.27%

Three-Course Dinner for Two, Mid-Range

$50.2 $50.2

$53.2 $53.2

-5.66%

Fast Food Meal (McDonalds, etc)

$8.92 $8.92

$8.82 $8.82

1.13%

Cappuccino

$2.72 $2.72

$2.79 $2.79

-2.51%

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

$0.84 $0.84

$0.92 $0.92

-8.70%

Water (0.33 liter bottle)

$0.64 $0.64

$0.68 $0.68

-5.88%

Local Beer (0.5 liter draught)

$3.02 $3.02

$2.98 $2.98

1.34%

Imported Beer (0.33 liter bottle)

$4.35 $4.35

$4.20 $4.20

3.57%

Milk (1 liter)

$1.17 $1.17

$1.21 $1.21

-3.31%

White Bread (500g)

$2.01 $2.01

Rice (white) (1kg)

$1.45 $1.45

$1.41 $1.41

2.84%

Eggs

$2.06 $2.06

$2.08 $2.08

-0.96%

Local Cheese (1kg)

$6.78 $6.78

$6.89 $6.89

-1.60%

Chicken Fillets (1kg)

$5.10 $5.10

$5.21 $5.21

-2.11%

Beef Round Steak (1kg)

$9.45 $9.45

$8.99 $8.99

5.12%

Apples (1kg)

$1.53 $1.53

$1.52 $1.52

0.66%

Banana (1kg)

$1.18 $1.18

$1.16 $1.16

1.72%

Oranges (1kg)

$0.98 $0.98

$1.02 $1.02

-3.92%

Tomato (1kg)

$0.95 $0.95

Potato (1kg)

$1.28 $1.28

$1.27 $1.27

0.79%

Onion (1kg)

$0.91 $0.91

$0.92 $0.92

-1.09%

Lettuce (1 head)

$0.83 $0.83

Water (1.5 liter bottle)

$0.94 $0.94

$0.93 $0.93

1.08%

Cigarettes 20 Pack (Marlboro, Camel)

$5.87 $5.87

$5.83 $5.83

0.69%

Wine (Bottle)

$12.21 $12.21

$11.84 $11.84

3.13%

Local Beer (0.5 liter bottle)

$1.54 $1.54

Imported Beer (0.33 liter bottle)

$2.20 $2.20

$2.19 $2.19

0.46%

One-way Ticket (Public Transport)

$0.36 $0.36

$0.34 $0.34

5.88%

Public Transport Monthly Pass (Regular Price)

$26.28 $26.28

Taxi Start (Normal Tariff)

$2.82 $2.82

$2.71 $2.71

4.06%

Taxi (Normal Tariff) (1km)

$1.53 $1.53

$1.72 $1.72

-11.05%

Taxi 1hour Waiting (Normal Tariff)

$12.06 $12.06

$11.85 $11.85

1.77%

Gasoline (1 liter)

$0.80 $0.80

$0.84 $0.84

-4.76%

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

$22.7K $22.7K

$22.5K $22.5K

0.59%

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

$30.7K $30.7K

$31.1K $31.1K

-1.08%

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

$130 $130

$33.68 $33.68

287.29%

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

$14.70 $14.70

$15.13 $15.13

-2.84%

Internet (50+ Mbps, Unlimited Data)

$25.68 $25.68

$26.40 $26.40

-2.73%

Gym Membership (Monthly)

$44.56 $44.56

$29.48 $29.48

51.15%

Tennis Court (1 Hour on Weekend)

$27.30 $27.30

$16.45 $16.45

65.96%

Cinema Ticket

$7.52 $7.52

$7.64 $7.64

-1.57%

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

$368 $368

$375 $375

-1.96%

International Primary School, 1 Child (Yearly)

$9,002 $9,002

$5,635 $5,635

59.76%

Jeans (Levis 501 Or Similar)

$65.8 $65.8

$66.0 $66.0

-0.29%

Summer Dress (H&M, Zara, etc)

$39.98 $39.98

$41.24 $41.24

-3.06%

Sport Shoes (Adidas, Nike)

$125 $125

-0.65%

Men's Leather Business Shoes

$93.4 $93.4

$92.4 $92.4

1.03%

1-bedroom Apartment, City Center (Monthly)

$653 $653

$414 $414

57.73%

1-bedroom Apartment, Outside City Center (Monthly)

$545 $545

$274 $274

99.24%

3-bedroom Apartment, City Center (Monthly)

$976 $976

$834 $834

17.11%

3-bedroom Apartment, Outside City Center (Monthly)

$940 $940

$509 $509

84.86%

Buy Apartment in City Center (m2)

$2,009 $2,009

Buy Apartment Outside City Center (m2)

$1,201 $1,201

Average Monthly Net Salary (After Tax)

$613 $613

20-Year Fixed Mortgage Interest Rate (Annual %)

10.05

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

Last update for Guayaquil: November 1, 2026

Last update for Bahia de Caraquez: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Guayaquil

$545 42.5%

Bahia de Caraquez

$274 31.3% 49.8% $271

Groceries & Markets

Guayaquil

$200 15.6%

Bahia de Caraquez

$199 22.8% 0.6% $1.1

Monthly Utilities & Internet

Guayaquil

$171 13.3%

Bahia de Caraquez

$75 8.6% 56% $96

Clothing & Footwear

Guayaquil

$146 11.4%

Bahia de Caraquez

$146 16.8% 0.4% $0.6

Eating Out

Guayaquil

$122 9.5%

Bahia de Caraquez

$121 13.9% 0.4% $0.5

Sport & Entertainment

Guayaquil

$60 4.7%

Bahia de Caraquez

$45 5.1% 24.9% $15

Getting Around

Guayaquil

$38 3%

Bahia de Caraquez

$13 * 1.5% 66.9% $26

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $653 in Guayaquil versus $414 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 $50 in Guayaquil versus $53 in Bahia de Caraquez. Groceries tell a different story – $200 in Guayaquil vs $199 in Bahia de Caraquez – so Bahia de Caraquez wins on supermarket bills even if dining out costs more.

Good to know

🇪🇨 Guayaquil

🇪🇨 Bahia de Caraquez

🕒 Local time

20:08 8:08 PM

Same time as Guayaquil

🌤 Weather

👥 Population

3,500,000

24,963

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.894 EUR

Exchange rates and currency converter

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Guayaquil Bahia de Caraquez 190 km

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Distances are measured in a straight line. Your location is detected approximately.

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: $1,281 in Guayaquil, $873 in Bahia de Caraquez – Bahia de Caraquez comes out roughly 32% cheaper. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $1,922 per month in Guayaquil and $1,309 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: a one-bedroom in the center costs $414 there versus $653 in Guayaquil.

Kindergarten costs $368 per month in Guayaquil and $375 in Bahia de Caraquez. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Monthly expenses with rent come to $1,281 in Guayaquil and $873 in Bahia de Caraquez. That makes Bahia de Caraquez about 32% cheaper.

A $1,200 monthly budget goes further in Bahia de Caraquez, where all-in costs run around $873, than in Guayaquil at $1,281. 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 $873 in Bahia de Caraquez to $1,281 in Guayaquil. Climate, culture, job market, and personal taste all factor in.