Cost of living comparison
compared to
Madrid vs. Guayaquil Cost of Living Summary
Madrid is 2.0 times more expensive than Guayaquil.
- Restaurants
-
pay 3.5 times more in Madrid
- Groceries
-
pay 70.1% more in Madrid
- Transportation
-
pay 85.0% more in Madrid
- Housing
-
pay 2.6 times more in Madrid
- Childcare
-
pay 2.0 times more in Madrid
- Entertainment and Sports
-
pay 34.2% more in Madrid
- Clothing
-
pay 32.3% more in Madrid
The cost of restaurants, housing, childcare, transportation, groceries, and entertainment and sports in Madrid are more expensive than in Guayaquil. Notably, restaurants, housing, and childcare are significantly more expensive in Madrid.
Madrid vs. Guayaquil Cost Breakdown
If you lived in Madrid instead of Guayaquil, you would:
pay 3.5 times more for restaurants
|
Guayaquil
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.50
|
$18.10
€15.61
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
|
$11.68
€10.07
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.86
|
$3.13
€2.70
|
|
| Bottle of water (11 fl. oz) |
$0.61
|
$2.19
€1.89
|
|
Guayaquil vs. Madrid - Cost of restaurants
pay 70.1% more for groceries
|
Guayaquil
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.82
|
$1.71
€1.48
|
|
| Local cheese (8 oz) |
$3.10
|
$7.25
€6.25
|
|
| Milk (1 gallon) |
$4.13
|
$4.61
€3.97
|
|
|
Eggs
1 dozen
|
$2.49
|
$3.36
€2.89
|
|
| Boneless chicken breast (1 lb) |
$2.38
|
$4.05
€3.50
|
|
| Apples (1 lb) |
$0.88
|
$1.18
€1.02
|
|
| Bananas (1 lb) |
$0.68
|
$1.02
€0.88
|
|
| Oranges (1 lb) |
$0.47
|
$1.19
€1.03
|
|
| Tomatoes (1 lb) |
$0.48
|
$1.26
€1.09
|
|
| Potatoes (1 lb) |
$0.73
|
$0.94
€0.81
|
|
| Onions (1 lb) |
$0.50
|
$1.01
€0.87
|
|
Guayaquil vs. Madrid - Cost of groceries
pay 85.0% more for transportation
|
Guayaquil
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.59
|
$7.08
€6.10
|
|
| Monthly public transit pass |
$20.87
|
$45.84
€39.53
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,000.00
|
$38,541.72
€33,235.57
|
|
| Taxi trip in downtown area (5 miles) |
$22.50
|
$16.23
€14.00
|
|
Guayaquil vs. Madrid - Cost of transportation
pay 2.6 times more for housing
|
Guayaquil
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$28.80
|
$34.54
€29.78
|
|
| 1-Bedroom apartment in downtown area |
$375.00
|
$1,540.98
€1,328.83
|
|
| 1-Bedroom apartment outside city center |
$377.50
|
$1,118.82
€964.79
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$75.21
|
$153.78
€132.61
|
|
Guayaquil vs. Madrid - Cost of housing
pay 2.0 times more for childcare
|
Guayaquil
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$329.44
|
$673.20
€580.51
|
|
| Middle school for 1 child, two semesters |
$6,516.67
|
$13,119.76
€11,313.52
|
|
Guayaquil vs. Madrid - Cost of childcare
pay 34.2% more for entertainment and sports
|
Guayaquil
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
|
$4.50
€3.88
|
|
| Cappuccino in mid-range area |
$2.53
|
$3.20
€2.76
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.00
|
$7.01
€6.04
|
|
| Monthly membership at local gym |
$40.27
|
$51.05
€44.03
|
|
| Movie ticket to theater/cinema |
$7.75
|
$11.68
€10.07
|
|
Guayaquil vs. Madrid - Cost of entertainment and sports
pay 32.3% more for clothing
|
Guayaquil
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.33
|
$98.88
€85.27
|
|
|
Regular dress
from H&M or similar store
|
$39.00
|
$41.27
€35.59
|
|
|
Running shoes
Nike or Adidas
|
$106.11
|
$107.49
€92.69
|
|
| Men's business shoes (leather) |
$106.67
|
$125.44
€108.17
|
|
Guayaquil vs. Madrid - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
Change currency:
Compare countries by overall cost of living
See the
cost of living in Ecuador vs. Spain.
This provides a comparison of the average cost of living from cities within Ecuador and Spain.
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Madrid or Guayaquil. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.