Last update: Oct 2026

Cost of Living Comparison Between Latacunga and Guayaquil

For one person, living is cheaper in Latacunga: $844 a month against $1,235 in Guayaquil, rent and utilities included – about $4,700 less a year. Rent and utilities account for most of the difference.

41

Cost of Living Index in Latacunga
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Latacunga Living Index
60

Cost of Living Index in Guayaquil
Learn more

Guayaquil Living Index

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Latacunga

🇪🇨 Ecuador

$844

/mo nomad

Guayaquil

🇪🇨 Ecuador

$1,235

/mo nomad

Monthly Cost of Living

How much you'll spend in Latacunga and in Guayaquil

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Latacunga and in Guayaquil actually costs, broken down by who's living it.

A single person spends $844 per month in Latacunga vs $1,235 in Guayaquil, rent included.

Latacunga $844
Guayaquil $1,235

A couple spends around $1,324 per month in Latacunga vs $1,918 in Guayaquil, rent included.

Latacunga $1,324
Guayaquil $1,918

A family of three spends $1,803 per month in Latacunga vs $2,600 in Guayaquil, rent included.

Latacunga $1,803
Guayaquil $2,600

Latacunga is about 32% cheaper than Guayaquil, and outside of rent the biggest gap is in transport.

Both Latacunga and Guayaquil are more affordable than the global median – Latacunga 38% lower, Guayaquil 9% lower.

Meal at Budget Restaurant

$2.56 $2.56

$3.91 $3.91

-34.53%

Three-Course Dinner for Two, Mid-Range

$27.74 $27.74

$53.3 $53.3

-47.96%

Fast Food Meal (McDonalds, etc)

$9.04 $9.04

$8.76 $8.76

3.20%

Cappuccino

$2.83 $2.83

$2.82 $2.82

0.35%

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

$0.92 $0.92

$0.94 $0.94

-2.13%

Water (0.33 liter bottle)

$0.48 $0.48

$0.68 $0.68

-29.41%

Local Beer (0.5 liter draught)

$3.06 $3.06

$3.03 $3.03

0.99%

Imported Beer (0.33 liter bottle)

$4.29 $4.29

$4.35 $4.35

-1.38%

Milk (1 liter)

$1.17 $1.17

$1.22 $1.22

-4.10%

White Bread (500g)

$1.99 $1.99

$1.93 $1.93

3.11%

Rice (white) (1kg)

$1.02 $1.02

$1.45 $1.45

-29.66%

Eggs

$1.76 $1.76

$2.06 $2.06

-14.56%

Local Cheese (1kg)

$5.08 $5.08

$7.02 $7.02

-27.64%

Chicken Fillets (1kg)

$5.02 $5.02

$5.23 $5.23

-4.02%

Beef Round Steak (1kg)

$9.27 $9.27

$9.29 $9.29

-0.22%

Apples (1kg)

$1.46 $1.46

$1.48 $1.48

-1.35%

Banana (1kg)

$1.14 $1.14

$1.15 $1.15

-0.87%

Oranges (1kg)

$0.97 $0.97

$0.98 $0.98

-1.02%

Tomato (1kg)

$0.90 $0.90

Potato (1kg)

$1.01 $1.01

$1.23 $1.23

-17.89%

Onion (1kg)

$0.98 $0.98

$0.93 $0.93

5.38%

Lettuce (1 head)

$0.48 $0.48

$0.81 $0.81

-40.74%

Water (1.5 liter bottle)

$1.00 $1.00

$0.97 $0.97

3.09%

Cigarettes 20 Pack (Marlboro, Camel)

$5.97 $5.97

$5.90 $5.90

1.19%

Wine (Bottle)

$10.18 $10.18

$12.15 $12.15

-16.21%

Local Beer (0.5 liter bottle)

$1.48 $1.48

$1.56 $1.56

-5.13%

Imported Beer (0.33 liter bottle)

$2.22 $2.22

$2.15 $2.15

3.26%

One-way Ticket (Public Transport)

$0.34 $0.34

Public Transport Monthly Pass (Regular Price)

$20.71 $20.71

Taxi Start (Normal Tariff)

$1.51 $1.51

$2.72 $2.72

-44.49%

Taxi (Normal Tariff) (1km)

$1.79 $1.79

$1.72 $1.72

4.07%

Taxi 1hour Waiting (Normal Tariff)

$12.11 $12.11

$12.07 $12.07

0.33%

Gasoline (1 liter)

$0.63 $0.63

$0.84 $0.84

-25.00%

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

$22.6K $22.6K

$23.1K $23.1K

-2.30%

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

$31.1K $31.1K

$30.8K $30.8K

0.99%

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

$34.48 $34.48

$128 $128

-73.13%

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

$14.78 $14.78

$14.99 $14.99

-1.40%

Internet (50+ Mbps, Unlimited Data)

$25.63 $25.63

$25.69 $25.69

-0.23%

Gym Membership (Monthly)

$29.18 $29.18

$44.63 $44.63

-34.62%

Tennis Court (1 Hour on Weekend)

$16.01 $16.01

$26.98 $26.98

-40.66%

Cinema Ticket

$7.54 $7.54

$7.55 $7.55

-0.13%

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

$371 $371

$370 $370

0.40%

International Primary School, 1 Child (Yearly)

$5,698 $5,698

$5,607 $5,607

1.61%

Jeans (Levis 501 Or Similar)

$65.1 $65.1

$64.1 $64.1

1.56%

Summer Dress (H&M, Zara, etc)

$41.22 $41.22

$40.54 $40.54

1.68%

Sport Shoes (Adidas, Nike)

$123 $123

$126 $126

-2.59%

Men's Leather Business Shoes

$91.5 $91.5

$93.4 $93.4

-2.03%

1-bedroom Apartment, City Center (Monthly)

$427 $427

$656 $656

-34.85%

1-bedroom Apartment, Outside City Center (Monthly)

$273 $273

$505 $505

-45.82%

3-bedroom Apartment, City Center (Monthly)

$804 $804

$1,001 $1,001

-19.71%

3-bedroom Apartment, Outside City Center (Monthly)

$499 $499

$929 $929

-46.32%

Buy Apartment in City Center (m2)

$2,039 $2,039

Buy Apartment Outside City Center (m2)

$1,205 $1,205

Average Monthly Net Salary (After Tax)

$622 $622

20-Year Fixed Mortgage Interest Rate (Annual %)

10.05

-0.50%

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

Last update for Latacunga: October 26, 2026

Last update for Guayaquil: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Latacunga

$273 32.4%

Guayaquil

$505 40.9% 84.6% $231

Groceries & Markets

Latacunga

$185 21.9%

Guayaquil

$200 16.2% 8.5% $16

Clothing & Footwear

Latacunga

$144 17.1%

Guayaquil

$146 11.8% 1.1% $1.6

Eating Out

Latacunga

$111 13.2%

Guayaquil

$122 9.9% 9.6% $11

Monthly Utilities & Internet

Latacunga

$75 8.9%

Guayaquil

$169 13.7% 126% $94

Sport & Entertainment

Latacunga

$44 5.2%

Guayaquil

$60 4.8% 34.9% $15

Getting Around

Latacunga

$12 * 1.4%

Guayaquil

$33 2.7% 183% $22

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $427 in Latacunga versus $656 in Guayaquil. 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 $28 in Latacunga versus $53 in Guayaquil. Monthly groceries follow the same trend: $185 vs $200 – making Latacunga the more affordable choice for daily food spending.

Good to know

🇪🇨 Latacunga

🇪🇨 Guayaquil

🕒 Local time

23:46 11:46 PM

Same time as Latacunga

🌤 Weather

👥 Population

57,127

3,500,000

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.896 EUR

Exchange rates and currency converter

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Latacunga Guayaquil 220 km

From you

Latacunga
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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

Latacunga vs Guayaquil: Cost of Living - Frequently Asked Questions

Yes – Guayaquil is pricier by about 46%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $1,267 per month in Latacunga and $1,852 in Guayaquil. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Latacunga, especially for central apartments: a one-bedroom in the center costs $427 there versus $656 in Guayaquil.

A mid-range dinner for two costs $28 in Latacunga and $53 in Guayaquil. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 8% more in Guayaquil, though the gap depends on what you buy.

A $1,200 monthly budget goes further in Latacunga, where all-in costs run around $844, than in Guayaquil at $1,235. In Latacunga it covers expenses comfortably, while in Guayaquil it requires careful planning or may not stretch far enough.

It depends on your priorities. Guayaquil has an edge in some lifestyle areas, with costs from $844 in Latacunga to $1,235 in Guayaquil. Climate, culture, job market, and personal taste all factor in.