Guayaquil, Ecuador
Ecuador's largest city and main Pacific port, a bustling economic hub with a revitalized riverfront.
Overview
Guayaquil is a city in G with a population of 2,700,000. Ecuador’s largest city and main Pacific port, a bustling economic hub with a revitalized riverfront. Housing costs are close to the national average. Gardening thrives here — the 7b growing zone supports Mild — wide variety of vegetables, many fruit trees. Reported crime rates are relatively high. The population skews young, with a median age of 28.0.
Last updated: August 30, 2026
Above Average vs Ecuador Avg (100)
Above Average
Household income
Job market health
Guayaquil vs Ecuador Average
Taxes
- State Income Tax: 35.0%
- Sales Tax: 12.0%
Economy & Jobs
- Median Income: $32,000
- Unemployment: 6.0%
- Population: 2,700,000
Climate
- Sunny Days: 200/year
- Summer High: 88°F
- Winter Low: 70°F
- Farming Zone: USDA Zone 7b
Housing
- Median Home: $160,000
- 1BR Rent: $550/mo
Cost of Living
Guayaquil's cost of living index is 105 (Ecuador average = 100).
| Category | Guayaquil | National Average | Difference |
|---|---|---|---|
| Overall | 105 | 100 | +5.0% |
| Housing | 125 | 100 | +25.0% |
Data source: INEC / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | $160,000 |
| Median Rent (1BR) | $550/mo |
| Median Rent (2BR) | $688/mo |
| Price per Sq Ft | $106 |
Data source: Plusvalía / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Guayaquil:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | $30 | |
| Heating & Cooling | N/A | Estimated based on local climate. |
| Cooling (AC) | $9 | Estimated based on local climate and electricity rates |
| Water | $15 | Includes sewer |
| Internet (100+ Mbps) | $35 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | $89 | Monthly estimate (including heating & cooling) |
Data sources: ARC, CNEL, CNT 2025
Remote Work Score
Guayaquil scores —/100 for remote work readiness:
Climate
Guayaquil has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 90°F | 70°F | 2.5" |
| April | 73°F | 85°F | 2.8" |
| July | 88°F | 63°F | 1.5" |
| October | 68°F | 88°F | 2.2" |
Mild — wide variety of vegetables, many fruit trees
Natural Hazards
Guayaquil faces the following natural hazards:
Located in a highly active seismic zone with frequent major earthquakes.
Active volcanoes in the Andes, including Cotopaxi.
Pacific coast vulnerable to tsunamis.
Andean region with frequent landslides.
Extreme summer heat in lowlands.
River and flash floods.
Andean region with avalanches.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 35%
- Sales Tax: 12%
- Property Tax: ~0.3% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 6.0%.
Crime & Safety
Crime rates in Guayaquil per 100,000 residents:
City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.
Data source: UN Office on Drugs and Crime
Schools & Education
Academic Schedule
Carnival is a national holiday break.
Universities & Higher Education
Data source: Center for World University Rankings (CWUR) & World Universities Database
Demographics
The population of Guayaquil is diverse. The figures below show the ethnic, educational, and religious composition of the local population.
Ethnicity
Education
Religion
City-level demographic data is not available for this location. The figures shown are national averages, which may differ from actual conditions in this city.
Data source: INEC Census (2010)
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Guayaquil, Ecuador?
The cost of living index in Guayaquil is 105, which is Higher the Ecuador national average of 100.
How much does it cost to buy a home in Guayaquil?
The median home price in Guayaquil is $160,000. The housing index is 125.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Guayaquil is approximately $550/mo.
Does Guayaquil, G have income tax?
Guayaquil is in G, which has an income tax rate of 35%.
What is the climate like in Guayaquil?
Guayaquil enjoys approximately 200 sunny days per year. Summer highs reach around 88°F, while winter lows can drop to around 70°F.
Data Sources
- Cost of Living: INEC / Numbeo, 2026
- Housing Data: Plusvalía / Numbeo, 2026
- Income & Employment: INEC Labour Force Survey, 2024
- Utilities ARC, CNEL, CNT 2025
Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.