Cost of Living Comparison Between Guayaquil and Cotacachi Cost of Living Comparison Between Guayaquil and Cotacachi

Monthly Cost of Living

Monthly costs for one person with rent: $1,040 in Guayaquil versus $721 in Cotacachi.

Estimated couple costs with rent: $1,693 in Guayaquil versus $1,155 in Cotacachi.

Monthly costs for a family of three with rent: $2,346 in Guayaquil versus $1,590 in Cotacachi.

Living in Guayaquil is roughly 44% more expensive than Cotacachi, driven mainly by Clothing & Footwear.

Both cities sit below the global median: Guayaquil 22% lower, Cotacachi 46% lower.

Meal at Budget Restaurant

$3.44 $3.44

$3.83 $3.83

-10.18%

Three-Course Dinner for Two, Mid-Range

$47.55 $47.55

$19.74 $19.74

140.88%

Fast Food Meal (McDonalds, etc)

$8.05 $8.05

$4.45 $4.45

80.90%

Cappuccino

$2.53 $2.53

$2.22 $2.22

13.96%

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

$0.84 $0.84

$1.07 $1.07

-21.50%

Water (0.33 liter bottle)

$0.62 $0.62

$0.67 $0.67

-7.46%

Local Beer (0.5 liter draught)

$2.95 $2.95

$1.96 $1.96

50.51%

Imported Beer (0.33 liter bottle)

$4.41 $4.41

$3.90 $3.90

13.08%

Milk (1 liter)

$1.10 $1.10

$1.09 $1.09

0.92%

White Bread (500g)

$1.74 $1.74

$1.56 $1.56

11.54%

Rice (white) (1kg)

$1.77 $1.77

$1.86 $1.86

-4.84%

Eggs

$2.61 $2.61

$2.29 $2.29

13.97%

Local Cheese (1kg)

$5.91 $5.91

$8.63 $8.63

-31.52%

Chicken Fillets (1kg)

$5.37 $5.37

$8.06 $8.06

-33.37%

Beef Round Steak (1kg)

$6.34 $6.34

$7.62 $7.62

-16.80%

Apples (1kg)

$2.09 $2.09

$2.01 $2.01

3.98%

Banana (1kg)

$1.54 $1.54

$0.88 $0.88

75.00%

Oranges (1kg)

$1.04 $1.04

$1.03 $1.03

0.97%

Tomato (1kg)

$1.20 $1.20

$1.30 $1.30

-7.69%

Potato (1kg)

$1.82 $1.82

$1.38 $1.38

31.88%

Onion (1kg)

$1.41 $1.41

$1.10 $1.10

28.18%

Lettuce (1 head)

$0.70 $0.70

$0.84 $0.84

-16.67%

Water (1.5 liter bottle)

$0.99 $0.99

$1.02 $1.02

-2.94%

Cigarettes 20 Pack (Marlboro, Camel)

$6.13 $6.13

$4.55 $4.55

34.73%

Wine (Bottle)

$12.12 $12.12

$7.37 $7.37

64.45%

Local Beer (0.5 liter bottle)

$1.57 $1.57

$1.52 $1.52

3.29%

Imported Beer (0.33 liter bottle)

$2.13 $2.13

$2.88 $2.88

-26.04%

One-way Ticket (Public Transport)

$0.36 $0.36

$0.44 $0.44

-18.18%

Public Transport Monthly Pass (Regular Price)

$20.98 $20.98

$15.15 $15.15

38.48%

Taxi Start (Normal Tariff)

$2.72 $2.72

$1.21 $1.21

124.79%

Taxi (Normal Tariff) (1km)

$2.79 $2.79

$0.97 $0.97

187.63%

Taxi 1hour Waiting (Normal Tariff)

$9.81 $9.81

$10.16 $10.16

-3.44%

Gasoline (1 liter)

$0.68 $0.68

$0.70 $0.70

-2.86%

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

$25.3K $25.3K

$19.8K $19.8K

27.65%

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

$29.1K $29.1K

$25.4K $25.4K

14.63%

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

$109 $109

$34.56 $34.56

216.58%

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

$13.43 $13.43

$12.78 $12.78

5.09%

Internet (50+ Mbps, Unlimited Data)

$32.21 $32.21

$25.36 $25.36

27.01%

Gym Membership (Monthly)

$35.35 $35.35

$29.42 $29.42

20.16%

Tennis Court (1 Hour on Weekend)

$47.24 $47.24

$7.88 $7.88

499.49%

Cinema Ticket

$7.56 $7.56

$6.82 $6.82

10.85%

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

$310 $310

$75.7 $75.7

309.62%

International Primary School, 1 Child (Yearly)

$5,810 $5,810

$3,032 $3,032

91.62%

Jeans (Levis 501 Or Similar)

$52.0 $52.0

$40.96 $40.96

26.95%

Summer Dress (H&M, Zara, etc)

$43.76 $43.76

$41.26 $41.26

6.06%

Sport Shoes (Adidas, Nike)

$104 $104

$96.0 $96.0

8.22%

Men's Leather Business Shoes

$113 $113

$60.7 $60.7

85.80%

1-bedroom Apartment, City Center (Monthly)

$336 $336

$262 $262

28.18%

1-bedroom Apartment, Outside City Center (Monthly)

$364 $364

$178 $178

104.56%

3-bedroom Apartment, City Center (Monthly)

$517 $517

$424 $424

22.12%

3-bedroom Apartment, Outside City Center (Monthly)

$712 $712

$343 $343

107.86%

Buy Apartment in City Center (m2)

$2,290 $2,290

$598 $598

283.12%

Buy Apartment Outside City Center (m2)

$1,523 $1,523

$520 $520

193.02%

Average Monthly Net Salary (After Tax)

$578 $578

$434 $434

33.18%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.35

11.19

-16.44%

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

Last update for Guayaquil: April 27, 2026

Last update for Cotacachi: April 28, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $336 in Guayaquil and $262 in Cotacachi. Housing cost is often the main lever when comparing two cities.

Guayaquil pays 33% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $48.00 in Guayaquil vs $20.00 in Cotacachi. Groceries flip the comparison at $199 vs $208, with Guayaquil cheaper for home cooking.

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 Cotacachi: Cost of Living - Frequently Asked Questions

Guayaquil and Cotacachi differ by about 44% in total monthly costs ($1,040 vs $721 including rent). Cotacachi is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Guayaquil pays 33% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $336 in Guayaquil versus $262 in Cotacachi. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Cotacachi runs roughly 38% less than in Guayaquil. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $310 in Guayaquil versus $75.7 in Cotacachi. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Either city works on $1,200 a month, though Cotacachi 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.

Safety-wise, Guayaquil and Cotacachi are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Cotacachi gentler on the wallet – expenses run 44% less than in Guayaquil. Beyond cost, consider language, visa policies, and how big the international community is in each city.