Guayaquil vs Madrid - Cost of Living Comparison

Updated: March 02, 2025

	Guayaquil	Madrid
🚶 Cost of living one person	$925	$1781
👨‍👩‍👧‍👦 Cost of living Family	$2456	$4027
🏠 One person rent	$364	$1048
🏘️ Family rent	$743	$1736
🍽️ Food expenses	$311	$445
🚐 Transport expenses	$155	$163
💳 Monthly salary after tax	$514	$2294
😷 Air quality	Moderate	Excellent
✈️ Airport proximity	3 km	10 km
🎓 Higher education	47	98
😀 Quality of life	51	90
🏙️ Population	2.65M	3.42M

The cost of living in Guayaquil is 48% less expensive than in Madrid. Cities ranked 5905th and 2443rd ($925 vs $1781) in the list of the most expensive cities in the world and ranked 2nd and 5th in Ecuador and Spain, respectively. Check Ecuador vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Guayaquil compared to 1.3 months in Madrid. Guayaquil ranked 2nd best city to live in Ecuador vs Madrid ranked 1st in Spain, while ranked 6147th and 151st among best cities to live in the world.

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Cost of living in Guayaquil vs Madrid infographic

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Prices in Guayaquil vs Madrid

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

	Guayaquil	Madrid
Eating Out
🍱 Lunch Menu	$3.01	$14.7
🥂 Dinner in a Restaurant, for 2	$50.4	$57
🥪 Fast food meal, equiv. McDonald's	$7.98	$10.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.99	$4.36
☕ Cappuccino	$2.52	$2.92
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$0.81	$2.77
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$269	$1203
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$278	$853
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$510	$2092
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$651	$1428
🔌 Utility Bill one person, electricity, heating, water, etc.	$58.9	$94
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$91.4	$145
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$28.6	$30.6
🏦 Mortgage Interest Rate for 20 Years	8.36%	3.59%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$1009	$6884
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2101	$3988
Transportation
🚌 Local transport ticket	$0.32	$1.56
🎟️ Monthly ticket local transport	$18.1	$32.4
🚕 Taxi Ride, 8 km or 5 mi	$24.7	$15.8
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.66	$1.74
Groceries
🥛 Milk, 1 L or 1 qt	$1.13	$1.11
🍞 Bread, 0.5 kg or 1.1 lb	$1.78	$1.31
🍚 Rice, 1 kg or 2.2 lb	$1.52	$1.31
🥚 Eggs, x12	$2.52	$3.12
🧀 Cheese, 1 kg or 2.2 lb	$6.04	$13.5
🐔 Chicken Breast, 1 kg or 2.2 lb	$5.07	$8.12
🥩 Round Steak, 1 kg or 2.2 lb	$7.44	$14.5
🍏 Apples, 1 kg or 2.2 lb	$2.43	$2.31
🍌 Banana, 1 kg or 2.2 lb	$1.59	$1.91
🍊 Oranges, 1 kg or 2.2 lb	$1.08	$2.13
🍅 Tomato, 1 kg or 2.2 lb	$1.18	$2.26
🥔 Potato, 1 kg or 2.2 lb	$1.78	$1.78
🧅 Onion, 1 kg or 2.2 lb	$1.52	$1.77
🌊 Water, 1 L or 1 qt	$0.72	$0.59
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$1.99	$2.02
🍾 Wine (mid-priced), 750 mL bottle	$12.1	$6.89
🍺 Beer, 0.5 L or 16 fl oz	$1.76	$1.21
🚬 Cigarette pack	$5.99	$6.25
💊 Cold medicince, 1 week	$6.37	$11.5
🧴 Hair Shampoo	$5.95	$3.96
🧻 Toilet paper, 4 rolls	$2.14	$2.62
👄 Toothpaste, 1 tube	$2	$2.99
Other
🏋️ Gym Membership, 1 month	$31.2	$45
🎫 Cinema Ticket, 1 person	$7.57	$10.2
👩‍⚕️ Doctor's visit	$38.9	$58.3
💇 Haircut, simple	$9.57	$15.1
👖 Brand Jeans	$52.9	$80.7
👟 Brand Sneakers	$99.8	$90.1
👶 Daycare or Preschool, 1 month	$292	$576
🏫 International Primary School, 1 year	$5836	$10042

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Guayaquil

Distance	City	Cost of living
5.9 km or 3.7 mi	Duran	$806
33 km or 21 mi	Milagro	$697
58 km or 36 mi	Babahoyo	$823
104 km or 65 mi	Montanita	$766
113 km or 70 mi	La Libertad	$816
121 km or 75 mi	Machala	$569
126 km or 78 mi	Cuenca	$758
137 km or 85 mi	Quevedo	$651
141 km or 87 mi	Portoviejo	$716
148 km or 92 mi	Riobamba	$538
165 km or 103 mi	Manta	$990
166 km or 103 mi	Tumbes	$463
175 km or 109 mi	Ambato	$573
215 km or 133 mi	Loja	$600
229 km or 142 mi	Santo Domingo	$532
250 km or 155 mi	Mancora	$505
267 km or 166 mi	Quito	$884
308 km or 191 mi	Talara	$513
315 km or 196 mi	Sullana	$505
344 km or 214 mi	Ibarra	$519
345 km or 215 mi	Piura	$565
348 km or 216 mi	Paita	$518
349 km or 217 mi	Esmeraldas	$610
409 km or 254 mi	Jaen	$548
418 km or 259 mi	Ipiales	$531
461 km or 286 mi	Tumaco	$571
476 km or 296 mi	Pasto	$514
502 km or 312 mi	Chachapoyas	$549
509 km or 316 mi	Chiclayo	$598
574 km or 357 mi	Cajamarca	$549
617 km or 383 mi	Tarapoto	$562
630 km or 392 mi	Popayan	$477
635 km or 395 mi	Florencia	$410
666 km or 414 mi	Trujillo	$714
729 km or 453 mi	Cali	$748
745 km or 463 mi	Buenaventura	$742
751 km or 466 mi	Palmira	$666
756 km or 470 mi	Iquitos	$694
764 km or 475 mi	Neiva	$557
779 km or 484 mi	Chimbote	$504

Cities near Madrid

Distance	City	Cost of living
11 km or 6.6 mi	Pozuelo de Alarcon	$1565
11 km or 6.7 mi	Coslada	$1530
14 km or 8.5 mi	Alcobendas	$1433
18 km or 11 mi	Mostoles	$1573
18 km or 11 mi	Fuenlabrada	$1389
18 km or 11 mi	Torrejon de Ardoz	$1387
21 km or 13 mi	Tres Cantos	$1309
29 km or 18 mi	Alcala de Henares	$1293
50 km or 31 mi	Guadalajara	$1056
68 km or 42 mi	Toledo	$1204
69 km or 43 mi	Segovia	$1285
138 km or 86 mi	Cuenca	$1084
155 km or 97 mi	Laguna de Duero	$1201
158 km or 98 mi	Villarrobledo	$1235
162 km or 101 mi	Valladolid	$1212
177 km or 110 mi	Salamanca	$1086
196 km or 122 mi	Puertollano	$812
208 km or 129 mi	Plasencia	$1098
211 km or 131 mi	Zamora	$1286
215 km or 133 mi	Burgos	$1107
223 km or 139 mi	Albacete	$1209
242 km or 150 mi	Villanueva de la Serena	$1157
244 km or 151 mi	Requena	$1261
250 km or 156 mi	Logrono	$983
251 km or 156 mi	Caceres	$947
253 km or 157 mi	Tudela	$1241
258 km or 160 mi	Linares	$1220
269 km or 167 mi	Ubeda	$1316
272 km or 169 mi	Zaragoza	$1101
281 km or 175 mi	Merida	$1126
283 km or 176 mi	Vitoria-Gasteiz	$1532
288 km or 179 mi	Leon	$1241
295 km or 183 mi	Jaen	$930
296 km or 184 mi	Jumilla	$1241
297 km or 184 mi	Cordoba	$1100
298 km or 185 mi	Yecla	$1324
299 km or 186 mi	Braganca	$806
301 km or 187 mi	Martos	$1204
302 km or 187 mi	Caravaca de la Cruz	$1221
302 km or 188 mi	Valencia	$1522