George Town vs Guayaquil - Cost of Living Comparison

Updated: October 10, 2024

	George Town	Guayaquil
🚶 Cost of living one person	$3644	$910
👨‍👩‍👧‍👦 Cost of living Family	$8755	$2330
🏠 One person rent	$2551	$375
🏘️ Family rent	$5134	$692
🍽️ Food expenses	$836	$307
🚐 Transport expenses	$57.8	$131
💳 Monthly salary after tax	$5788	$567
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	2 km	3 km
🎓 Higher education	20	47
😀 Quality of life	78	58
🏙️ Population	41K	2.65M

The cost of living in George Town is 300% more expensive than in Guayaquil. Cities ranked 17th and 6095th ($3644 vs $910) 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 1.6 months in George Town compared to 0.6 months in Guayaquil. George Town ranked 1st best city to live in the Cayman Islands vs Guayaquil ranked 2nd in Ecuador, while ranked 703rd and 5554th 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	$29.8	$4.82
🥂 Dinner in a Restaurant, for 2	$81.7	$37.6
🥪 Fast food meal, equiv. McDonald's	$15.7	$7.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7.16	$1.77
☕ Cappuccino	$6.66	$2.73
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.59	$0.83
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2606	$359
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$2239	$274
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$5633	$608
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$4623	$571
🔌 Utility Bill one person, electricity, heating, water, etc.	$126	$53.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$196	$82.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$113	$30.6
🏦 Mortgage Interest Rate for 20 Years	7.76%	8.29%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8428	$1130
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4209	$1872
Transportation
🚌 Local transport ticket	$3.01	$0.3
🎟️ Monthly ticket local transport	$30.2	$20.8
🚕 Taxi Ride, 8 km or 5 mi	$21.6	$18.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.78	$0.78
Groceries
🥛 Milk, 1 L or 1 qt	$3.24	$1.18
🍞 Bread, 0.5 kg or 1.1 lb	$4.91	$1.44
🍚 Rice, 1 kg or 2.2 lb	$5.87	$1.26
🥚 Eggs, x12	$9.58	$2.35
🧀 Cheese, 1 kg or 2.2 lb	$15.1	$6.87
🐔 Chicken Breast, 1 kg or 2.2 lb	$15	$5.5
🥩 Round Steak, 1 kg or 2.2 lb	$14.9	$8.77
🍏 Apples, 1 kg or 2.2 lb	$5.21	$2.38
🍌 Banana, 1 kg or 2.2 lb	$4.44	$1.72
🍊 Oranges, 1 kg or 2.2 lb	$7.76	$1.53
🍅 Tomato, 1 kg or 2.2 lb	$5.08	$1.46
🥔 Potato, 1 kg or 2.2 lb	$2.96	$1.62
🧅 Onion, 1 kg or 2.2 lb	$2.91	$1.52
🌊 Water, 1 L or 1 qt	$1.83	$0.74
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.74	$2.25
🍾 Wine (mid-priced), 750 mL bottle	$23.9	$10.6
🍺 Beer, 0.5 L or 16 fl oz	$3.99	$1.65
🚬 Cigarette pack	$13.2	$5.55
💊 Cold medicince, 1 week	$9.99	$6.76
🧴 Hair Shampoo	$5.36	$5.64
🧻 Toilet paper, 4 rolls	$3.97	$2.22
👄 Toothpaste, 1 tube	$2.41	$2.13
Other
🏋️ Gym Membership, 1 month	$87.2	$35.2
🎫 Cinema Ticket, 1 person	$18.1	$7.15
👩‍⚕️ Doctor's visit	$110	$37.4
💇 Haircut, simple	$23.5	$8.01
👖 Brand Jeans	$94.7	$60.3
👟 Brand Sneakers	$129	$104
👶 Daycare or Preschool, 1 month	$1615	$269
🏫 International Primary School, 1 year	$26502	$6982

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	$878
356 km or 221 mi	Sancti Spiritus	$1210
361 km or 225 mi	Savanna-la-Mar	$1123
375 km or 233 mi	Montego Bay	$1018
377 km or 234 mi	Santa Clara	$1053
381 km or 237 mi	Placetas	$1103
385 km or 239 mi	Colon	$1108
394 km or 245 mi	Ciego de Avila	$1260
402 km or 250 mi	Guines	$1113
412 km or 256 mi	Florida	$1405
414 km or 257 mi	Sagua La Grande	$1110
418 km or 260 mi	Artemisa	$1076
418 km or 260 mi	Cardenas	$1182
419 km or 260 mi	Matanzas	$1203
422 km or 262 mi	Pinar del Rio	$1096
425 km or 264 mi	Moron	$1260
429 km or 266 mi	Camaguey	$1525
430 km or 267 mi	Mandeville	$978
440 km or 273 mi	Havana	$1024
459 km or 285 mi	May Pen	$821
461 km or 287 mi	Manzanillo	$2760
473 km or 294 mi	Old Harbour	$849
476 km or 296 mi	Linstead	$1046
476 km or 296 mi	Yara	$2117
487 km or 303 mi	Spanish Town	$783
498 km or 310 mi	Las Tunas	$1556
503 km or 312 mi	Half Way Tree	$1165
504 km or 313 mi	Kingston	$1325
510 km or 317 mi	Bayamo	$1166
533 km or 331 mi	Port Antonio	$1143
563 km or 350 mi	Holguin	$1280
573 km or 356 mi	Palma Soriano	$1273
587 km or 365 mi	Santiago de Cuba	$1416
588 km or 365 mi	Key West	$3014
593 km or 369 mi	Cozumel	$797
599 km or 372 mi	Isla Mujeres	$1001
608 km or 378 mi	Cancun	$1143
615 km or 382 mi	Playa del Carmen	$1031
646 km or 401 mi	Tulum	$1041
653 km or 405 mi	Guantanamo	$1558

Cities near Guayaquil

Distance	City	Cost of living
5.9 km or 3.7 mi	Duran	$808
33 km or 21 mi	Milagro	$722
58 km or 36 mi	Babahoyo	$827
104 km or 65 mi	Montanita	$761
113 km or 70 mi	La Libertad	$813
121 km or 75 mi	Machala	$594
126 km or 78 mi	Cuenca	$770
137 km or 85 mi	Quevedo	$651
141 km or 87 mi	Portoviejo	$760
148 km or 92 mi	Riobamba	$545
165 km or 103 mi	Manta	$870
166 km or 103 mi	Tumbes	$454
175 km or 109 mi	Ambato	$574
215 km or 133 mi	Loja	$617
229 km or 142 mi	Santo Domingo	$592
250 km or 155 mi	Mancora	$495
267 km or 166 mi	Quito	$902
308 km or 191 mi	Talara	$504
315 km or 196 mi	Sullana	$498
344 km or 214 mi	Ibarra	$528
345 km or 215 mi	Piura	$564
348 km or 216 mi	Paita	$509
349 km or 217 mi	Esmeraldas	$618
409 km or 254 mi	Jaen	$517
418 km or 259 mi	Ipiales	$504
461 km or 286 mi	Tumaco	$544
476 km or 296 mi	Pasto	$488
502 km or 312 mi	Chachapoyas	$523
509 km or 316 mi	Chiclayo	$515
574 km or 357 mi	Cajamarca	$500
617 km or 383 mi	Tarapoto	$549
630 km or 392 mi	Popayan	$462
635 km or 395 mi	Florencia	$398
666 km or 414 mi	Trujillo	$699
729 km or 453 mi	Cali	$733
745 km or 463 mi	Buenaventura	$718
751 km or 466 mi	Palmira	$652
756 km or 470 mi	Iquitos	$679
764 km or 475 mi	Neiva	$520
779 km or 484 mi	Chimbote	$496