Last update: Oct 2026

Cost of Living Comparison Between Guayaquil and Chone

For one person, living is cheaper in Chone: $732 a month against $1,136 in Guayaquil, rent and utilities included – about $4,800 less a year. Rent and utilities account for most of the difference.

55

Cost of Living Index in Guayaquil
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Guayaquil Living Index
36

Cost of Living Index in Chone
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Chone Living Index

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Guayaquil

🇪🇨 Ecuador

$1,136

/mo nomad

Chone

🇪🇨 Ecuador

$732

/mo nomad

Monthly Cost of Living

How much you'll spend in Guayaquil and in Chone

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 Chone actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,136 in Guayaquil versus $732 in Chone.

Guayaquil $1,136
Chone $732

Estimated couple costs with rent: $1,775 in Guayaquil versus $1,240 in Chone.

Guayaquil $1,775
Chone $1,240

Monthly costs for a family of three with rent: $2,413 in Guayaquil versus $1,748 in Chone.

Guayaquil $2,413
Chone $1,748

Living in Guayaquil is roughly 55% more expensive than in Chone, and outside of rent the biggest gap is in groceries.

Both cities sit below the global median: Guayaquil 16% lower, Chone 46% lower.

Meal at Budget Restaurant

$3.94 $3.94

$3.77 $3.77

4.51%

Three-Course Dinner for Two, Mid-Range

$52.6 $52.6

$31.29 $31.29

68.17%

Fast Food Meal (McDonalds, etc)

$9.15 $9.15

$5.91 $5.91

54.82%

Cappuccino

$2.82 $2.82

$2.48 $2.48

13.71%

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

$0.91 $0.91

$0.86 $0.86

5.81%

Water (0.33 liter bottle)

$0.74 $0.74

$0.69 $0.69

7.25%

Local Beer (0.5 liter draught)

$3.05 $3.05

$2.07 $2.07

47.34%

Imported Beer (0.33 liter bottle)

$4.15 $4.15

$4.08 $4.08

1.72%

Milk (1 liter)

$1.16 $1.16

$1.12 $1.12

3.57%

White Bread (500g)

$1.98 $1.98

$1.52 $1.52

30.26%

Rice (white) (1kg)

$1.47 $1.47

$1.57 $1.57

-6.37%

Eggs

$2.07 $2.07

$2.00 $2.00

3.50%

Local Cheese (1kg)

$7.02 $7.02

$6.64 $6.64

5.72%

Chicken Fillets (1kg)

$5.18 $5.18

$4.55 $4.55

13.85%

Beef Round Steak (1kg)

$9.26 $9.26

$6.32 $6.32

46.52%

Apples (1kg)

$1.48 $1.48

$1.55 $1.55

-4.52%

Banana (1kg)

$1.14 $1.14

$0.97 $0.97

17.53%

Oranges (1kg)

$0.98 $0.98

$1.04 $1.04

-5.77%

Tomato (1kg)

$0.94 $0.94

$1.03 $1.03

-8.74%

Potato (1kg)

$1.22 $1.22

$1.13 $1.13

7.96%

Onion (1kg)

$0.98 $0.98

$1.03 $1.03

-4.85%

Lettuce (1 head)

$0.88 $0.88

$0.71 $0.71

23.94%

Water (1.5 liter bottle)

$0.94 $0.94

$1.08 $1.08

-12.96%

Cigarettes 20 Pack (Marlboro, Camel)

$5.91 $5.91

$5.01 $5.01

17.96%

Wine (Bottle)

$12.19 $12.19

$8.56 $8.56

42.41%

Local Beer (0.5 liter bottle)

$1.55 $1.55

$1.63 $1.63

-4.91%

Imported Beer (0.33 liter bottle)

$2.19 $2.19

$2.76 $2.76

-20.65%

One-way Ticket (Public Transport)

$0.36 $0.36

$0.31 $0.31

16.13%

Public Transport Monthly Pass (Regular Price)

$19.61 $19.61

$17.28 $17.28

13.48%

Taxi Start (Normal Tariff)

$2.77 $2.77

$1.32 $1.32

109.85%

Taxi (Normal Tariff) (1km)

$1.80 $1.80

$1.23 $1.23

46.34%

Taxi 1hour Waiting (Normal Tariff)

$12.16 $12.16

$8.58 $8.58

41.72%

Gasoline (1 liter)

$0.88 $0.88

$0.86 $0.86

2.33%

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

$21.1K $21.1K

$21.7K $21.7K

-2.46%

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

$31.3K $31.3K

$33.0K $33.0K

-5.12%

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

$131 $131

$41.43 $41.43

215.71%

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

$14.76 $14.76

$13.59 $13.59

8.61%

Internet (50+ Mbps, Unlimited Data)

$26.25 $26.25

$25.32 $25.32

3.67%

Gym Membership (Monthly)

$46.30 $46.30

$33.32 $33.32

38.96%

Tennis Court (1 Hour on Weekend)

$26.54 $26.54

$15.43 $15.43

72.00%

Cinema Ticket

$7.29 $7.29

$6.33 $6.33

15.17%

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

$378 $378

$207 $207

82.82%

International Primary School, 1 Child (Yearly)

$5,590 $5,590

$5,025 $5,025

11.23%

Jeans (Levis 501 Or Similar)

$66.2 $66.2

$55.5 $55.5

19.15%

Summer Dress (H&M, Zara, etc)

$41.10 $41.10

$47.21 $47.21

-12.94%

Sport Shoes (Adidas, Nike)

$124 $124

$109 $109

13.63%

Men's Leather Business Shoes

$93.8 $93.8

$79.7 $79.7

17.65%

1-bedroom Apartment, City Center (Monthly)

$476 $476

$319 $319

49.43%

1-bedroom Apartment, Outside City Center (Monthly)

$401 $401

$169 $169

137.79%

3-bedroom Apartment, City Center (Monthly)

$800 $800

$788 $788

1.46%

3-bedroom Apartment, Outside City Center (Monthly)

$740 $740

$451 $451

64.25%

Buy Apartment in City Center (m2)

$2,275 $2,275

$1,272 $1,272

78.89%

Buy Apartment Outside City Center (m2)

$1,451 $1,451

$807 $807

79.97%

Average Monthly Net Salary (After Tax)

$612 $612

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: October 12, 2026

Last update for Chone: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Guayaquil

$401 35.3%

Chone

$169 23.1% 57.9% $232

Groceries & Markets

Guayaquil

$200 17.6%

Chone

$177 24.2% 11.5% $23

Monthly Utilities & Internet

Guayaquil

$172 15.1%

Chone

$80 11% 53.2% $91

Clothing & Footwear

Guayaquil

$146 12.9%

Chone

$131 17.9% 10.3% $15

Eating Out

Guayaquil

$123 10.8%

Chone

$102 14% 16.8% $21

Sport & Entertainment

Guayaquil

$61 5.4%

Chone

$46 6.3% 24.5% $15

Getting Around

Guayaquil

$33 2.9%

Chone

$26 3.6% 20.8% $6.8

Cost Breakdown

A one-bedroom apartment in the center runs $476 in Guayaquil and $319 in Chone. Housing cost is often the main lever when comparing two cities.

Dining out: $53.0 in Guayaquil vs $31.00 in Chone for a mid-range dinner for two. Groceries echo the gap at $200 vs $177 per month, with Chone cheaper across the board.

Good to know

🇪🇨 Guayaquil

🇪🇨 Chone

🕒 Local time

15:49 3:49 PM

Same time as Guayaquil

🌤 Weather

👥 Population

3,500,000

44,751

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

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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 Chone: Cost of Living - Frequently Asked Questions

Chone wins on cost – living expenses run 55% 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 $1,704 in Guayaquil and $1,097 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: $476 in Guayaquil versus $319 in Chone. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,136 per month in Guayaquil versus $732 in Chone – a 55% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Chone runs roughly 13% less than in Guayaquil. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $732 in Chone versus $1,136 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 55% less than in Guayaquil. Beyond cost, consider language, visa policies, and how big the international community is in each city.