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Addis Ababa vs Guayaquil

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Addis Ababa vs Guayaquil

Addis Ababa is 13% more affordable for homebuyers. Addis Ababa has a price-to-income ratio of 7.2x compared to 5.5x in Guayaquil.

MetricAddis AbabaGuayaquil
Avg Home Price$65,000$75,000
Price / sqm$800$1,000
Rent (1BR)$300/mo$350/mo
Rent (3BR)$550/mo$600/mo
Price-to-Income7.2x5.5x
Mortgage Rate14.0%9.5%
1yr Change+8.5%+3.5%
Median Income$9,000/yr$14,000/yr
Population5,500,0002,700,000
Addis AbabaView full details โ†’GuayaquilView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Addis Ababa or Guayaquil more expensive?
Addis Ababa is more affordable. Home prices differ by $10,000 (13%).
Which city has cheaper rent, Addis Ababa or Guayaquil?
Rent for a 1BR in Addis Ababa is $300/mo vs $350/mo in Guayaquil.

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