George Town vs Guayaquil - Cost of Living Comparison

Updated: March 01, 2024

	George Town	Guayaquil
🚶 Cost of living one person	$3374	$903
👨‍👩‍👧‍👦 Cost of living Family	$8402	$2335
🏠 One person rent	$2280	$384
🏘️ Family rent	$4877	$749
🍽️ Food expenses	$837	$293
🚐 Transport expenses	$58.3	$127
💳 Monthly salary after tax	$4688	$653
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	2 km	3 km
🎓 Higher education	20	47
😀 Quality of life	77	62
🏙️ Population	41K	2.72M

The cost of living in George Town is 274% more expensive than in Guayaquil. Cities ranked 32nd and 5949th ($3374 vs $903) in the list of the most expensive cities in the world and ranked 1st and 1st in the Cayman Islands and Ecuador, respectively. Check the Cayman Islands vs Ecuador comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in George Town compared to 0.7 months in Guayaquil. George Town ranked 1st best city to live in the Cayman Islands vs Guayaquil ranked 1st in Ecuador, while ranked 754th and 5176th among best cities to live in the world.

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Cost of living in George Town vs Guayaquil infographic

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Prices in George Town vs Guayaquil

Prices for goods and services in George Town and Guayaquil are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	George Town	Guayaquil
Eating Out
🍱 Lunch Menu	$30.2	$4.99
🥂 Dinner in a Restaurant, for 2	$83.8	$35
🥪 Fast food meal, equiv. McDonald's	$14.9	$7
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7.15	$1.7
☕ Cappuccino	$6.34	$2.62
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.42	$1.07
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2356	$362
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1954	$289
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$5734	$648
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$4269	$640
🔌 Utility Bill one person, electricity, heating, water, etc.	$126	$48.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$195	$74.9
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$120	$32.8
🏦 Mortgage Interest Rate for 20 Years	7.08%	7.8%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8481	$1124
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$5200	$1832
Transportation
🚌 Local transport ticket	$2.4	$0.32
🎟️ Monthly ticket local transport	$30.1	$17.5
🚕 Taxi Ride, 8 km or 5 mi	$22.5	$19
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.84	$0.7
Groceries
🥛 Milk, 1 L or 1 qt	$3.78	$1.18
🍞 Bread, 0.5 kg or 1.1 lb	$4.86	$1.51
🍚 Rice, 1 kg or 2.2 lb	$6.2	$1.27
🥚 Eggs, x12	$7.93	$2.6
🧀 Cheese, 1 kg or 2.2 lb	$13.2	$6.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$12	$6.17
🥩 Round Steak, 1 kg or 2.2 lb	$14.7	$6.19
🍏 Apples, 1 kg or 2.2 lb	$9.7	$2.25
🍌 Banana, 1 kg or 2.2 lb	$3.87	$1.55
🍊 Oranges, 1 kg or 2.2 lb	$7.5	$1.48
🍅 Tomato, 1 kg or 2.2 lb	$4.89	$1.13
🥔 Potato, 1 kg or 2.2 lb	$3.02	$1.2
🧅 Onion, 1 kg or 2.2 lb	$2.98	$1.09
🌊 Water, 1 L or 1 qt	$1.9	$0.7
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.74	$2.01
🍾 Wine (mid-priced), 750 mL bottle	$23.9	$10.4
🍺 Beer, 0.5 L or 16 fl oz	$4.41	$1.6
🚬 Cigarette pack	$13.2	$4.71
💊 Cold medicince, 1 week	$9.74	$6.8
🧴 Hair Shampoo	$5.49	$5.48
🧻 Toilet paper, 4 rolls	$4.3	$1.7
👄 Toothpaste, 1 tube	$2.35	$1.64
Other
🏋️ Gym Membership, 1 month	$78.3	$41.3
🎫 Cinema Ticket, 1 person	$17.8	$8.22
👩‍⚕️ Doctor's visit	$112	$30.1
💇 Haircut, simple	$24.3	$9.67
👖 Brand Jeans	$86	$57.8
👟 Brand Sneakers	$139	$106
👶 Daycare or Preschool, 1 month	$1229	$247
🏫 International Primary School, 1 year	$25346	$6864

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near George Town

Distance	City	Cost of living
333 km or 207 mi	Cienfuegos	$1247
356 km or 221 mi	Sancti Spiritus	$1507
361 km or 225 mi	Savanna-la-Mar	$1020
375 km or 233 mi	Montego Bay	$1005
377 km or 234 mi	Santa Clara	$1312
381 km or 237 mi	Placetas	$1371
385 km or 239 mi	Colon	$1209
394 km or 245 mi	Ciego de Avila	$1654
402 km or 250 mi	Guines	$1138
412 km or 256 mi	Florida	$1784
414 km or 257 mi	Sagua La Grande	$1269
418 km or 260 mi	Artemisa	$1092
418 km or 260 mi	Cardenas	$1220
419 km or 260 mi	Matanzas	$1182
422 km or 262 mi	Pinar del Rio	$1137
425 km or 264 mi	Moron	$1626
429 km or 266 mi	Camaguey	$1869
430 km or 267 mi	Mandeville	$674
440 km or 273 mi	Havana	$1001
459 km or 285 mi	May Pen	$768
461 km or 287 mi	Manzanillo	$2841
473 km or 294 mi	Old Harbour	$698
476 km or 296 mi	Linstead	$936
476 km or 296 mi	Yara	$2555
487 km or 303 mi	Spanish Town	$758
498 km or 310 mi	Las Tunas	$1727
503 km or 312 mi	Half Way Tree	$1062
504 km or 313 mi	Kingston	$1250
510 km or 317 mi	Bayamo	$2153
533 km or 331 mi	Port Antonio	$1005
563 km or 350 mi	Holguin	$1176
573 km or 356 mi	Palma Soriano	$1536
587 km or 365 mi	Santiago de Cuba	$1527
588 km or 365 mi	Key West	$3241
593 km or 369 mi	Cozumel	$940
599 km or 372 mi	Isla Mujeres	$1048
608 km or 378 mi	Cancun	$1291
615 km or 382 mi	Playa del Carmen	$1101
646 km or 401 mi	Tulum	$1322
653 km or 405 mi	Guantanamo	$1671

Cities near Guayaquil

Distance	City	Cost of living
5.9 km or 3.7 mi	Duran	$801
33 km or 21 mi	Milagro	$731
58 km or 36 mi	Babahoyo	$834
104 km or 65 mi	Montanita	$754
113 km or 70 mi	La Libertad	$814
121 km or 75 mi	Machala	$603
126 km or 78 mi	Cuenca	$790
137 km or 85 mi	Quevedo	$638
141 km or 87 mi	Portoviejo	$642
148 km or 92 mi	Riobamba	$547
165 km or 103 mi	Manta	$870
166 km or 103 mi	Tumbes	$472
175 km or 109 mi	Ambato	$570
215 km or 133 mi	Loja	$637
229 km or 142 mi	Santo Domingo	$775
250 km or 155 mi	Mancora	$514
267 km or 166 mi	Quito	$851
308 km or 191 mi	Talara	$532
315 km or 196 mi	Sullana	$543
344 km or 214 mi	Ibarra	$536
345 km or 215 mi	Piura	$592
348 km or 216 mi	Paita	$551
349 km or 217 mi	Esmeraldas	$612
409 km or 254 mi	Jaen	$504
418 km or 259 mi	Ipiales	$515
461 km or 286 mi	Tumaco	$533
476 km or 296 mi	Pasto	$511
502 km or 312 mi	Chachapoyas	$499
509 km or 316 mi	Chiclayo	$506
574 km or 357 mi	Cajamarca	$476
617 km or 383 mi	Tarapoto	$525
630 km or 392 mi	Popayan	$455
635 km or 395 mi	Florencia	$416
666 km or 414 mi	Trujillo	$611
729 km or 453 mi	Cali	$720
745 km or 463 mi	Buenaventura	$552
751 km or 466 mi	Palmira	$648
756 km or 470 mi	Iquitos	$726
764 km or 475 mi	Neiva	$507
779 km or 484 mi	Chimbote	$491