Cost of Living Comparison Between Guayaquil and Chone Cost of Living Comparison Between Guayaquil and Chone

Monthly Cost of Living

Monthly costs for one person with rent: $1,048 in Guayaquil versus $884 in Chone.

Estimated couple costs with rent: $1,668 in Guayaquil versus $1,323 in Chone.

Monthly costs for a family of three with rent: $2,288 in Guayaquil versus $1,761 in Chone.

Living in Guayaquil is roughly 19% more expensive than Chone, driven mainly by Clothing & Footwear.

Both cities sit below the global median: Guayaquil 22% lower, Chone 34% lower.

Meal at Budget Restaurant

$3.57 $3.57

$3.56 $3.56

0.28%

Three-Course Dinner for Two, Mid-Range

$46.91 $46.91

$24.85 $24.85

88.77%

Fast Food Meal (McDonalds, etc)

$7.78 $7.78

$7.20 $7.20

8.06%

Cappuccino

$2.51 $2.51

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

$0.85 $0.85

Water (0.33 liter bottle)

$0.65 $0.65

Local Beer (0.5 liter draught)

$2.98 $2.98

$2.02 $2.02

47.52%

Imported Beer (0.33 liter bottle)

$4.60 $4.60

$3.48 $3.48

32.18%

Milk (1 liter)

$1.14 $1.14

$1.05 $1.05

8.57%

White Bread (500g)

$1.77 $1.77

$1.71 $1.71

3.51%

Rice (white) (1kg)

$1.71 $1.71

$1.52 $1.52

12.50%

Eggs

$2.62 $2.62

$2.27 $2.27

15.42%

Local Cheese (1kg)

$6.02 $6.02

$5.91 $5.91

1.86%

Chicken Fillets (1kg)

$5.09 $5.09

$5.35 $5.35

-4.86%

Beef Round Steak (1kg)

$6.27 $6.27

$6.14 $6.14

2.12%

Apples (1kg)

$2.06 $2.06

$2.00 $2.00

3.00%

Banana (1kg)

$1.53 $1.53

$1.09 $1.09

40.37%

Oranges (1kg)

$1.06 $1.06

$1.04 $1.04

1.92%

Tomato (1kg)

$1.20 $1.20

$1.09 $1.09

10.09%

Potato (1kg)

$1.89 $1.89

$1.39 $1.39

35.97%

Onion (1kg)

$1.47 $1.47

$1.03 $1.03

42.72%

Lettuce (1 head)

$0.70 $0.70

$0.73 $0.73

-4.11%

Water (1.5 liter bottle)

$0.98 $0.98

$1.06 $1.06

-7.55%

Cigarettes 20 Pack (Marlboro, Camel)

$5.97 $5.97

$5.86 $5.86

1.88%

Wine (Bottle)

$11.90 $11.90

$9.15 $9.15

30.05%

Local Beer (0.5 liter bottle)

$1.57 $1.57

$1.59 $1.59

-1.26%

Imported Beer (0.33 liter bottle)

$2.13 $2.13

$2.81 $2.81

-24.20%

One-way Ticket (Public Transport)

$0.34 $0.34

$0.37 $0.37

-8.11%

Public Transport Monthly Pass (Regular Price)

$20.55 $20.55

$23.88 $23.88

-13.94%

Taxi Start (Normal Tariff)

$2.70 $2.70

$1.28 $1.28

110.94%

Taxi (Normal Tariff) (1km)

$2.71 $2.71

$1.03 $1.03

163.11%

Taxi 1hour Waiting (Normal Tariff)

$10.06 $10.06

$9.81 $9.81

2.55%

Gasoline (1 liter)

$0.64 $0.64

$0.69 $0.69

-7.25%

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

$25.3K $25.3K

$20.3K $20.3K

24.37%

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

$29.2K $29.2K

$29.0K $29.0K

0.56%

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

$111 $111

$36.83 $36.83

200.05%

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

$13.65 $13.65

$13.61 $13.61

0.29%

Internet (50+ Mbps, Unlimited Data)

$32.09 $32.09

$30.43 $30.43

5.46%

Gym Membership (Monthly)

$35.42 $35.42

$29.57 $29.57

19.78%

Tennis Court (1 Hour on Weekend)

$46.79 $46.79

$14.90 $14.90

214.03%

Cinema Ticket

$7.96 $7.96

$7.35 $7.35

8.30%

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

$319 $319

$251 $251

27.10%

International Primary School, 1 Child (Yearly)

$5,838 $5,838

$5,575 $5,575

4.73%

Jeans (Levis 501 Or Similar)

$51.5 $51.5

$57.1 $57.1

-9.68%

Summer Dress (H&M, Zara, etc)

$44.04 $44.04

$43.45 $43.45

1.36%

Sport Shoes (Adidas, Nike)

$103 $103

$98.1 $98.1

5.18%

Men's Leather Business Shoes

$112 $112

$67.0 $67.0

67.80%

1-bedroom Apartment, City Center (Monthly)

$336 $336

$339 $339

-0.89%

1-bedroom Apartment, Outside City Center (Monthly)

$366 $366

$317 $317

15.12%

3-bedroom Apartment, City Center (Monthly)

$508 $508

$623 $623

-18.47%

3-bedroom Apartment, Outside City Center (Monthly)

$694 $694

$496 $496

40.00%

Buy Apartment in City Center (m2)

$2,305 $2,305

$1,319 $1,319

74.80%

Buy Apartment Outside City Center (m2)

$1,469 $1,469

$819 $819

79.26%

Average Monthly Net Salary (After Tax)

$584 $584

20-Year Fixed Mortgage Interest Rate (Annual %)

9.35

10.6

-11.79%

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

Last update for Guayaquil: June 1, 2026

Last update for Chone: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $336 in Guayaquil and $339 in Chone. Housing cost is often the main lever when comparing two cities.

Dining out: $47.00 in Guayaquil vs $25.00 in Chone for a mid-range dinner for two. Groceries echo the gap at $198 vs $185 per month, with Chone cheaper across the board.

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 Chone: Cost of Living - Frequently Asked Questions

Chone wins on cost – living expenses run 19% lower than in Guayaquil. Housing and daily spending are where you'll feel the difference most, making Chone the obvious pick if budget is a priority.

You'd need roughly $1,572 in Guayaquil and $1,327 in Chone to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $336 in Guayaquil versus $339 in Chone. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,048 per month in Guayaquil versus $884 in Chone – a 19% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Chone runs roughly 16% less than in Guayaquil. Both cities have functional networks, but the price difference matters if you're watching your budget.

Either city works on $800 a month, though Chone gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Chone gentler on the wallet – expenses run 19% less than in Guayaquil. Beyond cost, consider language, visa policies, and how big the international community is in each city.