Cost of Living Comparison Between Guayaquil and Quevedo Cost of Living Comparison Between Guayaquil and Quevedo

Monthly Cost of Living

A single person spends $1,040 per month in Guayaquil vs $925 in Quevedo, rent included.

A couple spends around $1,662 per month in Guayaquil vs $1,429 in Quevedo, rent included.

A family of three spends $2,284 per month in Guayaquil vs $1,933 in Quevedo, rent included.

Guayaquil costs about 12% more than Quevedo, driven mainly by Groceries & Markets.

Both Guayaquil and Quevedo are more affordable than the global median – Guayaquil 23% lower, Quevedo 31% lower.

Meal at Budget Restaurant

$3.53 $3.53

$4.40 $4.40

-19.77%

Three-Course Dinner for Two, Mid-Range

$47.31 $47.31

$33.21 $33.21

42.46%

Fast Food Meal (McDonalds, etc)

$8.23 $8.23

$7.27 $7.27

13.20%

Cappuccino

$2.54 $2.54

$2.85 $2.85

-10.88%

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

$0.90 $0.90

$1.06 $1.06

-15.09%

Water (0.33 liter bottle)

$0.63 $0.63

$0.66 $0.66

-4.55%

Local Beer (0.5 liter draught)

$2.97 $2.97

$1.96 $1.96

51.53%

Imported Beer (0.33 liter bottle)

$4.37 $4.37

$4.03 $4.03

8.44%

Milk (1 liter)

$1.13 $1.13

$1.05 $1.05

7.62%

White Bread (500g)

$1.77 $1.77

$1.57 $1.57

12.74%

Rice (white) (1kg)

$1.79 $1.79

Eggs

$2.63 $2.63

$2.25 $2.25

16.89%

Local Cheese (1kg)

$5.83 $5.83

$8.48 $8.48

-31.25%

Chicken Fillets (1kg)

$5.09 $5.09

$7.98 $7.98

-36.22%

Beef Round Steak (1kg)

$6.13 $6.13

$8.12 $8.12

-24.51%

Apples (1kg)

$2.04 $2.04

$2.02 $2.02

0.99%

Banana (1kg)

$1.47 $1.47

$1.18 $1.18

24.58%

Oranges (1kg)

$1.09 $1.09

$1.03 $1.03

5.83%

Tomato (1kg)

$1.16 $1.16

$1.33 $1.33

-12.78%

Potato (1kg)

$1.88 $1.88

$1.45 $1.45

29.66%

Onion (1kg)

$1.47 $1.47

$1.09 $1.09

34.86%

Lettuce (1 head)

$0.69 $0.69

$0.85 $0.85

-18.82%

Water (1.5 liter bottle)

$0.98 $0.98

$1.07 $1.07

-8.41%

Cigarettes 20 Pack (Marlboro, Camel)

$6.04 $6.04

$5.93 $5.93

1.85%

Wine (Bottle)

$12.05 $12.05

$8.23 $8.23

46.42%

Local Beer (0.5 liter bottle)

$1.60 $1.60

$1.53 $1.53

4.58%

Imported Beer (0.33 liter bottle)

$2.22 $2.22

$2.99 $2.99

-25.75%

One-way Ticket (Public Transport)

$0.37 $0.37

$0.34 $0.34

8.82%

Public Transport Monthly Pass (Regular Price)

$20.76 $20.76

$24.36 $24.36

-14.78%

Taxi Start (Normal Tariff)

$2.78 $2.78

$1.54 $1.54

80.52%

Taxi (Normal Tariff) (1km)

$2.69 $2.69

$1.53 $1.53

75.82%

Taxi 1hour Waiting (Normal Tariff)

$9.84 $9.84

$10.07 $10.07

-2.28%

Gasoline (1 liter)

$0.68 $0.68

$0.67 $0.67

1.49%

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

$24.8K $24.8K

$20.0K $20.0K

23.85%

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

$29.4K $29.4K

$25.5K $25.5K

15.66%

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

$108 $108

$34.78 $34.78

210.81%

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

$13.92 $13.92

$14.00 $14.00

-0.57%

Internet (50+ Mbps, Unlimited Data)

$31.99 $31.99

$29.50 $29.50

8.44%

Gym Membership (Monthly)

$36.17 $36.17

$30.21 $30.21

19.73%

Tennis Court (1 Hour on Weekend)

$46.69 $46.69

$14.86 $14.86

214.20%

Cinema Ticket

$7.68 $7.68

$7.13 $7.13

7.71%

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

$313 $313

$276 $276

13.28%

International Primary School, 1 Child (Yearly)

$5,940 $5,940

$8,643 $8,643

-31.27%

Jeans (Levis 501 Or Similar)

$52.7 $52.7

$56.4 $56.4

-6.55%

Summer Dress (H&M, Zara, etc)

$44.00 $44.00

$43.90 $43.90

0.23%

Sport Shoes (Adidas, Nike)

$103 $103

$102 $102

0.57%

Men's Leather Business Shoes

$111 $111

$85.6 $85.6

29.17%

1-bedroom Apartment, City Center (Monthly)

$339 $339

$343 $343

-1.03%

1-bedroom Apartment, Outside City Center (Monthly)

$370 $370

$321 $321

15.08%

3-bedroom Apartment, City Center (Monthly)

$511 $511

$619 $619

-17.41%

3-bedroom Apartment, Outside City Center (Monthly)

$690 $690

$499 $499

38.13%

Buy Apartment in City Center (m2)

$2,262 $2,262

$1,222 $1,222

85.06%

Buy Apartment Outside City Center (m2)

$1,421 $1,421

$854 $854

66.32%

Average Monthly Net Salary (After Tax)

$583 $583

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: June 8, 2026

Last update for Quevedo: June 7, 2026

Cost Breakdown

A central one-bedroom costs $339 in Guayaquil versus $343 in Quevedo. 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 $47.00 in Guayaquil versus $33.00 in Quevedo. Groceries tell a different story – $197 in Guayaquil vs $213 in Quevedo – so Guayaquil wins on supermarket bills even if dining out costs more.

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 Quevedo: Cost of Living - Frequently Asked Questions

Yes – Guayaquil is pricier by about 12%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,560 per month in Guayaquil and $1,387 in Quevedo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Quevedo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $313 per month in Guayaquil and $276 in Quevedo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Interestingly, groceries are about 8% cheaper in Guayaquil – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

$1,200 covers both cities comfortably – all-in costs are $1,040 in Guayaquil and $925 in Quevedo, leaving budget for savings and extras in both cases.

Families tend to lean toward Quevedo – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Quevedo. If higher salaries, better infrastructure, or specific career opportunities are the priority, Guayaquil makes more sense. Both are solid long-term options with distinct trade-offs.