George Town vs Guayaquil - Cost of Living Comparison

Updated: March 11, 2026

	George Town	Guayaquil
🚶 Cost of living one person	$3759	$1029
👨‍👩‍👧‍👦 Cost of living Family	$8458	$2552
🏠 One person rent	$2610	$474
🏘️ Family rent	$4644	$828
🍽️ Food expenses	$890	$312
🚐 Transport expenses	$67	$130
💳 Monthly salary after tax	$7771	$533
😷 Air quality	Excellent	Good
✈️ Airport proximity	2 km	3 km
🎓 Higher education	25	45
😀 Quality of life	80	56
🏙️ Population	41K	2.65M

The cost of living in George Town is 265% more expensive than in Guayaquil. Cities ranked 17th and 5445th ($3759 vs $1029) 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 2.1 months in George Town compared to 0.5 months in Guayaquil. George Town ranked 1st best city to live in the Cayman Islands vs Guayaquil ranked 2nd in Ecuador, while ranked 724th and 6296th among best cities to live in the world.

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the estimated difference in money purchasing power

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<img src="https://livingcost.org/assets/photo/cost/george-town/guayaquil.jpg" alt="Cost of living in George Town vs Guayaquil infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/george-town/guayaquil" target="_blank">George Town vs Guayaquil - Cost of Living Comparison</a></p>

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	$29.8	$4.01
🥂 Dinner in a Restaurant, for 2	$95.3	$50.1
🥪 Fast food meal, equiv. McDonald's	$16.3	$9.25
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7.61	$3
☕ Cappuccino	$6.95	$2.71
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.84	$0.88
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2741	$393
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$2265	$366
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$5028	$718
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$4147	$676
🔌 Utility Bill one person, electricity, heating, water, etc.	$137	$77.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$208	$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$113	$25.3
🏦 Mortgage Interest Rate for 20 Years	8.39%	10.02%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$9286	$1423
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3565	$1428
Transportation
🚌 Local transport ticket	$2.41	$0.35
🎟️ Monthly ticket local transport	$48.5	$20.2
🚕 Taxi Ride, 8 km or 5 mi	$24.7	$18.7
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.63	$0.79
Groceries
🥛 Milk, 1 L or 1 qt	$3.33	$1.19
🍞 Bread, 0.5 kg or 1.1 lb	$5.77	$1.82
🍚 Rice, 1 kg or 2.2 lb	$6.17	$1.49
🥚 Eggs, x12	$9.08	$2.18
🧀 Cheese, 1 kg or 2.2 lb	$12.4	$7.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$17.8	$5.34
🥩 Round Steak, 1 kg or 2.2 lb	$18.4	$8.71
🍏 Apples, 1 kg or 2.2 lb	$5.9	$1.86
🍌 Banana, 1 kg or 2.2 lb	$4.68	$1.27
🍊 Oranges, 1 kg or 2.2 lb	$7.75	$1.03
🍅 Tomato, 1 kg or 2.2 lb	$5.01	$1.13
🥔 Potato, 1 kg or 2.2 lb	$2.99	$1.62
🧅 Onion, 1 kg or 2.2 lb	$2.93	$1.09
🌊 Water, 1 L or 1 qt	$2.06	$0.62
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.93	$2.02
🍾 Wine (mid-priced), 750 mL bottle	$25.1	$11.5
🍺 Beer, 0.5 L or 16 fl oz	$4.15	$1.53
🚬 Cigarette pack	$14.4	$5.95
💊 Cold medicince, 1 week	$10.1	$5.54
🧴 Hair Shampoo	$5.69	$5.8
🧻 Toilet paper, 4 rolls	$4.11	$2.01
👄 Toothpaste, 1 tube	$2.53	$1.97
Other
🏋️ Gym Membership, 1 month	$50	$43
🎫 Cinema Ticket, 1 person	$18.8	$7.44
👩‍⚕️ Doctor's visit	$112	$48.8
💇 Haircut, simple	$24.9	$11.2
👖 Brand Jeans	$74.1	$57.1
👟 Brand Sneakers	$137	$124
👶 Daycare or Preschool, 1 month	$1841	$394
🏫 International Primary School, 1 year	$25268	$6500

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	$872
356 km or 221 mi	Sancti Spiritus	$1228
361 km or 225 mi	Savanna-la-Mar	$1196
375 km or 233 mi	Montego Bay	$1096
377 km or 234 mi	Santa Clara	$1157
381 km or 237 mi	Placetas	$1097
385 km or 239 mi	Colon	$1155
394 km or 245 mi	Ciego de Avila	$1324
402 km or 250 mi	Guines	$1141
412 km or 256 mi	Florida	$1519
414 km or 257 mi	Sagua La Grande	$1170
418 km or 260 mi	Artemisa	$1091
418 km or 260 mi	Cardenas	$1199
419 km or 260 mi	Matanzas	$1164
422 km or 262 mi	Pinar del Rio	$1138
425 km or 264 mi	Moron	$1315
429 km or 266 mi	Camaguey	$1616
430 km or 267 mi	Mandeville	$1018
440 km or 273 mi	Havana	$993
459 km or 285 mi	May Pen	$970
461 km or 287 mi	Manzanillo	$2770
473 km or 294 mi	Old Harbour	$1077
476 km or 296 mi	Linstead	$1109
476 km or 296 mi	Yara	$2134
487 km or 303 mi	Spanish Town	$835
498 km or 310 mi	Las Tunas	$1579
503 km or 312 mi	Half Way Tree	$1289
504 km or 313 mi	Kingston	$1461
510 km or 317 mi	Bayamo	$1165
533 km or 331 mi	Port Antonio	$1234
563 km or 350 mi	Holguin	$1355
573 km or 356 mi	Palma Soriano	$1273
587 km or 365 mi	Santiago de Cuba	$1647
588 km or 365 mi	Key West	$2932
593 km or 369 mi	Cozumel	$1112
599 km or 372 mi	Isla Mujeres	$1128
608 km or 378 mi	Cancun	$1232
615 km or 382 mi	Playa del Carmen	$1169
646 km or 401 mi	Tulum	$1292
653 km or 405 mi	Guantanamo	$1664

Cities near Guayaquil

Distance	City	Cost of living
5.9 km or 3.7 mi	Duran	$905
33 km or 21 mi	Milagro	$755
58 km or 36 mi	Babahoyo	$847
104 km or 65 mi	Montanita	$734
113 km or 70 mi	La Libertad	$716
121 km or 75 mi	Machala	$584
126 km or 78 mi	Cuenca	$822
137 km or 85 mi	Quevedo	$656
141 km or 87 mi	Portoviejo	$785
148 km or 92 mi	Riobamba	$510
165 km or 103 mi	Manta	$814
166 km or 103 mi	Tumbes	$590
175 km or 109 mi	Ambato	$538
215 km or 133 mi	Loja	$594
229 km or 142 mi	Santo Domingo	$598
250 km or 155 mi	Mancora	$668
267 km or 166 mi	Quito	$902
308 km or 191 mi	Talara	$714
315 km or 196 mi	Sullana	$605
344 km or 214 mi	Ibarra	$569
345 km or 215 mi	Piura	$660
348 km or 216 mi	Paita	$650
349 km or 217 mi	Esmeraldas	$613
409 km or 254 mi	Jaen	$619
418 km or 259 mi	Ipiales	$640
461 km or 286 mi	Tumaco	$663
476 km or 296 mi	Pasto	$637
502 km or 312 mi	Chachapoyas	$607
509 km or 316 mi	Chiclayo	$676
574 km or 357 mi	Cajamarca	$596
617 km or 383 mi	Tarapoto	$617
630 km or 392 mi	Popayan	$606
635 km or 395 mi	Florencia	$514
666 km or 414 mi	Trujillo	$746
729 km or 453 mi	Cali	$829
745 km or 463 mi	Buenaventura	$825
751 km or 466 mi	Palmira	$746
756 km or 470 mi	Iquitos	$760
764 km or 475 mi	Neiva	$592
779 km or 484 mi	Chimbote	$540