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: $1,109 in Guayaquil versus $752 in Chone.

Estimated couple costs with rent: $1,765 in Guayaquil versus $1,214 in Chone.

Monthly costs for a family of three with rent: $2,422 in Guayaquil versus $1,675 in Chone.

Living in Guayaquil is roughly 47% more expensive than in Chone, driven mainly by Eating Out.

Both cities sit below the global median: Guayaquil 19% lower, Chone 45% lower.

Meal at Budget Restaurant

$4.12 $4.12

$3.61 $3.61

14.13%

Three-Course Dinner for Two, Mid-Range

$52.7 $52.7

$28.05 $28.05

87.91%

Fast Food Meal (McDonalds, etc)

$9.10 $9.10

$6.03 $6.03

50.91%

Cappuccino

$2.81 $2.81

$2.49 $2.49

12.85%

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

$0.90 $0.90

$0.71 $0.71

26.76%

Water (0.33 liter bottle)

$0.71 $0.71

$0.73 $0.73

-2.74%

Local Beer (0.5 liter draught)

$2.98 $2.98

$1.80 $1.80

65.56%

Imported Beer (0.33 liter bottle)

$4.55 $4.55

$2.67 $2.67

70.41%

Milk (1 liter)

$1.16 $1.16

$1.09 $1.09

6.42%

White Bread (500g)

$2.00 $2.00

$1.79 $1.79

11.73%

Rice (white) (1kg)

$1.45 $1.45

$1.52 $1.52

-4.61%

Eggs

$2.07 $2.07

$2.33 $2.33

-11.16%

Local Cheese (1kg)

$7.11 $7.11

$4.71 $4.71

50.96%

Chicken Fillets (1kg)

$5.01 $5.01

$5.20 $5.20

-3.65%

Beef Round Steak (1kg)

$9.20 $9.20

$7.85 $7.85

17.20%

Apples (1kg)

$1.52 $1.52

$1.56 $1.56

-2.56%

Banana (1kg)

$1.19 $1.19

$1.12 $1.12

6.25%

Oranges (1kg)

$0.99 $0.99

$1.26 $1.26

-21.43%

Tomato (1kg)

$0.90 $0.90

$0.97 $0.97

-7.22%

Potato (1kg)

$1.28 $1.28

$1.38 $1.38

-7.25%

Onion (1kg)

$0.91 $0.91

$1.04 $1.04

-12.50%

Lettuce (1 head)

$0.82 $0.82

$0.76 $0.76

7.89%

Water (1.5 liter bottle)

$1.02 $1.02

$1.04 $1.04

-1.92%

Cigarettes 20 Pack (Marlboro, Camel)

$6.04 $6.04

$5.85 $5.85

3.25%

Wine (Bottle)

$12.10 $12.10

$9.48 $9.48

27.64%

Local Beer (0.5 liter bottle)

$1.49 $1.49

Imported Beer (0.33 liter bottle)

$2.20 $2.20

$3.44 $3.44

-36.05%

One-way Ticket (Public Transport)

$0.34 $0.34

$0.37 $0.37

-8.11%

Public Transport Monthly Pass (Regular Price)

$19.66 $19.66

Taxi Start (Normal Tariff)

$2.80 $2.80

$1.10 $1.10

154.55%

Taxi (Normal Tariff) (1km)

$1.72 $1.72

$1.22 $1.22

40.98%

Taxi 1hour Waiting (Normal Tariff)

$12.19 $12.19

$9.71 $9.71

25.54%

Gasoline (1 liter)

$0.83 $0.83

$0.75 $0.75

10.67%

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

$21.1K $21.1K

$22.7K $22.7K

-7.01%

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

$30.7K $30.7K

$31.8K $31.8K

-3.65%

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

$127 $127

$34.49 $34.49

268.43%

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

$14.97 $14.97

$12.69 $12.69

17.97%

Internet (50+ Mbps, Unlimited Data)

$25.14 $25.14

$23.02 $23.02

9.21%

Gym Membership (Monthly)

$46.01 $46.01

$30.57 $30.57

50.51%

Tennis Court (1 Hour on Weekend)

$26.48 $26.48

$16.20 $16.20

63.46%

Cinema Ticket

$7.72 $7.72

$7.76 $7.76

-0.52%

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

$407 $407

$227 $227

79.14%

International Primary School, 1 Child (Yearly)

$5,935 $5,935

$5,642 $5,642

5.19%

Jeans (Levis 501 Or Similar)

$65.6 $65.6

$55.1 $55.1

19.02%

Summer Dress (H&M, Zara, etc)

$40.34 $40.34

$46.34 $46.34

-12.95%

Sport Shoes (Adidas, Nike)

$123 $123

$111 $111

10.70%

Men's Leather Business Shoes

$91.5 $91.5

$82.9 $82.9

10.39%

1-bedroom Apartment, City Center (Monthly)

$461 $461

$294 $294

56.79%

1-bedroom Apartment, Outside City Center (Monthly)

$399 $399

$163 $163

144.47%

3-bedroom Apartment, City Center (Monthly)

$803 $803

$579 $579

38.68%

3-bedroom Apartment, Outside City Center (Monthly)

$738 $738

$358 $358

105.99%

Buy Apartment in City Center (m2)

$2,333 $2,333

$1,294 $1,294

80.33%

Buy Apartment Outside City Center (m2)

$1,437 $1,437

$756 $756

89.98%

Average Monthly Net Salary (After Tax)

$611 $611

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: September 1, 2026

Last update for Chone: August 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $461 in Guayaquil and $294 in Chone. Housing cost is often the main lever when comparing two cities.

Dining out: $53.0 in Guayaquil vs $28.00 in Chone for a mid-range dinner for two. Groceries echo the gap at $200 vs $187 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 47% 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 $1,663 in Guayaquil and $1,128 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: $461 in Guayaquil versus $294 in Chone. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,109 per month in Guayaquil versus $752 in Chone – a 47% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Chone runs roughly 0% less than in Guayaquil. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $752 in Chone versus $1,109 in Guayaquil, a $1,000 budget is realistic in Chone but tight or insufficient in Guayaquil. The gap between the two cities makes Chone the clear choice for anyone on this budget.

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 47% less than in Guayaquil. Beyond cost, consider language, visa policies, and how big the international community is in each city.