Which place is cheaper, Guayaquil or Reykjavik?
These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.
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Should you visit Reykjavik or Guayaquil?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Reykjavik or Guayaquil, this travel comparison, which includes costs, can help. The overall cost of travel is usually a consideration when deciding where to go next, and the cost comparison down below can help you decide based on the average prices from other travelers along with your own travel budget.
Where Should I go: Reykjavik or Guayaquil?
Reykjavik
Reykjavik is the capital and largest city in the country of Iceland. The city is where the vast majority of the country's population resides and the urban area has about 200,000 residents. The city is sprawling, with a large area covered in suburbs. The the city center is quite compact, with many interesting and colorful houses. There are a lot of things that attract tourists to this city, including an interesting culture and history as well as plenty of shopping and dining opportunities.
Guayaquil
Guayaquil is Ecuador's largest city and seaport. From a tourist perspective, the city acts primarily as a transportation gateway to the country and the Galapagos Islands. While the city can be skipped altogether, should you have a free day to spend here, there are a few noteworthy things to do, as well as some terrific dining and nightlife options. Guayaquil’s main tourist attraction is Las Penas, a hill with old, colorfully painted buildings at the north end of the Malecon, where you can walk the 400 steps to the lighthouse at the top for good views of the city. The neighborhood is filled with cafes, bars, restaurants, and art galleries and is relatively safe. Other important sights include the Malecon 2000, a massive urban development project that has brought new life to the riverside in the city center and the Parque Seminario, filled with fountains, trees and iguanas, located at 10 de Agosto Ave and Chile Ave.
For some great organized tour ideas, see The Best Budget Tours to Iceland, The Best Tours for Seniors to Iceland, The Best G Adventures Tours to Ecuador, and The Best Family-Friendly Tours to Ecuador.
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Reykjavik Prices
Iceland PricesGuayaquil Prices
Ecuador Prices -
Average Daily Cost Per person, per dayReykjavik $304Guayaquil $116
The average daily cost (per person) in Reykjavik is $304, while the average daily cost in Guayaquil is $116. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Reykjavik and Guayaquil in more detail.
Accommodation
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Accommodation Hotel or hostel for one personReykjavik $158Guayaquil $32
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Accommodation Typical double-occupancy roomReykjavik $316Guayaquil $64
Compare Hotels in Reykjavik and Guayaquil
Looking for a hotel in Reykjavik or Guayaquil? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.
Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.
Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Reykjavik Hotel Prices and Guayaquil Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Reykjavik $52Guayaquil $15
Hired Cars and Shuttles in Reykjavik
Also for Reykjavik, here are a few examples of actual transportation services:
- Transfer from Reykjavik - Private airport transfer to KEF Airport: $124
- Transfer To & From Blue Lagoon: $112
- The Lava Tunnel Tour with Transfer from Reykjavik: $122
- Sky Lagoon Transfers to/from Keflavík International Airport: $75
- Sky Lagoon Ticket with 7-Step Ritual and Transfers from Reykjavik: $188
- Sky Lagoon Private Transfer : KEF to Sky Lagoon: $117
- Silver Circle Tour & Roundtrip Airport Transfer: $1,386
- Sky Lagoon Admission with Transfer: $257
- Roundtrip Bus Transfer to the Blue Lagoon: $59
- Reykjaböð Hot Springs Entry & Transfer: $151
- Private Transfer within Reykjavik City: $87
- Private Transfer to/from Keflavík Airport (KEF): $85
Hired Cars and Shuttles in Guayaquil
Also for Guayaquil, here are a few examples of actual transportation services:
- Transfer from Guayaquil Airport to Hotel or vice versa: $13
- Shared transfer from Hotel to Airport in Guayaquil: $43
- Private transfer Guayaquil - Montañita: $250
- Private Transfer from Guayaquil to Cuenca: $104
- Private Transfer from Guayaquil hotels to Manta Cruise Port: $254
- Private Transfer from Guayaquil city hotels to Manta Cruise Port: $231
- Private Transfer from Guayaquil Airport(GYE) to Manta Cruise Port: $254
- Private Transfer Guayaquil Airport GYE to Guayaquil by Car or Van: $48
- Guayaquil PRIVATE Departure Transfer from Hotels to the Airport.: $20
- Guayaquil PRIVATE Arrival Transfer from the Airport to Hotels: $17
- Guayaquil PRIVATE Arrival Transfer from the Airport to Hotels: $20
- Guayaquil PRIVATE Arrival Transfer from the Airport to Hotels: $18
Is it cheaper to fly into Reykjavik or Guayaquil?
Prices for flights to both Guayaquil and Reykjavik change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.
Food
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Food Meals for one dayReykjavik $59Guayaquil $50
Typical Food Prices in Reykjavik
For Reykjavik, here are some examples of average food and meal prices for travelers:
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Dinner (Fish Market)$202
Food Tours and Cooking Classes in Reykjavik
For Reykjavik, here are some samples of tours and activities related to meals and dining experiences:
- Harbor Cruise with 3-Course Dinner: $137
- Harbor Cruise with Three Course Dinner from Reykjavik: $139
- Food Tour by locals: $140
- Authentic Reykjavik Food Tour with Flea Market Delights: $146
- Icelandic Food Tour: $147
- The Reykjavik Harbor Food Tour: $147
- 3-Hour Shared Christmas Food Tour with Guide in Reykjavik: $149
- Food Tour with 6+ Tastings of Icelandic Classics: $154
- The Reykjavik Christmas Food Tour: $171
- Christmas Food Tour with Tastings and Drinks: $171
- Private Reykjavik Christmas Food Tour: $241
- Private Vegetarian Reykjavik Food Tour: $241
Food Tours and Cooking Classes in Guayaquil
For Guayaquil, here are some samples of tours and activities related to meals and dining experiences:
- Half Day of Cooking and Chocolate at Cocoa Farm from Guayaquil: $175
- Gastronomic workshop tour, live cooking, Learn about the Ecuadorian culinary art: $180
Entertainment
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Entertainment Entrance tickets, shows, etc.Reykjavik $82Guayaquil $21
Typical Entertainment Prices in Reykjavik
Below are a few sample prices from actual travelers for Reykjavik's activities, tours, and tickets:
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Art Museum$12
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Wine and Spa$33
Tours and Activities in Reykjavik
For Reykjavik, here are a few prices for actual activities, tours, and tickets provided by various companies:
- 1 Hour ATV Quad Tour : Pick up from Reykjavik (2 persons per ATV): $142
- 1-Hour Helicopter Tour in Iceland: The Geothermal Tour: $553
- 1-Hour Small Group Sightseeing Boat Tour in Vestmannaeyjar: $164
- 2 Hours Whale Watching Express Adventure: $94
- 2-Hour Buggy Adventure Tour out off Reykjavik: $264
- 2-Hour RIB Boat Whale Watching Tour from Reykjavik: $195
- 3-Hour Volcanic Springs ATV Adventure From Reykjavik: $339
- 4x4 Reykjavik Northern Lights Small-Group Tour with Photographer: $246
- 9pm Whale Watching Cruise in the Arctic Sun: $99
- A Self-Guided Thingvellir National Park Walking Tour: $8.99
- Aurora by Boat Reykjavik Adventure: $85
- Buggy & Golden Circle Full day adventure from Reykjavik: $309
Tours and Activities in Guayaquil
For Guayaquil, here are a few prices for actual activities, tours, and tickets provided by various companies:
- Astonishing Mangroves & Dry forest /Chocolate experience trip: $280
- Choco-Culture City Tour & Cacao Museum: $99
- Churute Mangroves and Birdwatching Tour Guayaquil: $220
- Cocoa and Tropical Fruits Farm with Fine Chocolate Experience: $144
- Excursion Day Zhagal Thermal Baths Tour from Guayaquil: $158
- Full Day Churute Howler Monkeys and Chocolate Tour: $276
- Full Day Dolphins Mangroves and Birdwatching Tour from Guayaquil: $231
- Full Day Private Churute Mangroves Reserve and Cocoa Farm Tour: $255
- Full-Day Cuenca and Traditional Craft Beer Tasting Tour: $225
- Full-Day Nature and Adventure Private Tour from Guayaquil: $249
- Guayaquil City Tour Including the Light House of Cerro Santa Ana: $70
- Guayaquil Cocktail Tasting Tour: $95
Alcohol
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Alcohol Drinks for one dayReykjavik $32Guayaquil $17
Typical Alcohol Prices in Reykjavik
Some typical examples of the costs for nightlife and alcohol in Reykjavik are as follows:
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Beer$9.98
Sample the Local Flavors in Reykjavik
Some specific costs for nightlife related activities in Reykjavik:
- Eimverk Distillery Guided Tour with Tasting: $48
- Craft Beer and Brewery Tour in Iceland: $49
- Icelandic Bar Crawl Experience: $162
Sample the Local Flavors in Guayaquil
Here are a few nightlife and alcohol tours and activities from local tour providers in Guayaquil:
- Wine Tasting Experience with Tasting Menu: $65
When we compare the travel costs of actual travelers between Reykjavik and Guayaquil, we can see that Reykjavik is more expensive. And not only is Guayaquil much less expensive, but it is actually a significantly cheaper destination. Since Reykjavik is in Europe and Guayaquil is in South America, this is one of the main reasons why the costs are so different, as different regions of the world tend to have overall different travel costs. So, traveling to Guayaquil would let you spend less money overall. Or, you could decide to spend more money in Guayaquil and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Reykjavik would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Reykjavik than you might in Guayaquil.
If you're trying to decide if either of these two destinations are within your price range, also see Is Reykjavik Expensive? and Is Guayaquil Expensive?.
Which is Bigger, Reykjavik or Guayaquil?
Guayaquil has a larger population, and is about 20 times larger than the population of Reykjavik. When comparing the sizes of Reykjavik and Guayaquil, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.
When is the best time to visit Reykjavik or Guayaquil?
Reykjavik has a temperate climate with four distinct seasons, but Guayaquil experiences a warm climate with fairly sunny weather most of the year.
Should I visit Reykjavik or Guayaquil in the Summer?
Both Guayaquil and Reykjavik are popular destinations to visit in the summer with plenty of activities. The summer months attract visitors to Reykjavik because of the hiking and the family-friendly experiences. Plenty of visitors come to Guayaquil because of the warm climate and sunshine that lasts throughout the year.
In July, Reykjavik is generally much colder than Guayaquil. Daily temperatures in Reykjavik average around 11°C (52°F), and Guayaquil fluctuates around 23°C (73°F).
It rains a lot this time of the year in Guayaquil. In July, Reykjavik usually receives less rain than Guayaquil. Reykjavik gets 52 mm (2 in) of rain, while Guayaquil receives 110 mm (4.3 in) of rain each month for the summer.
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Summer Average Temperatures JulyReykjavik 11°C (52°F)Guayaquil 23°C (73°F)
Should I visit Reykjavik or Guayaquil in the Autumn?
Both Guayaquil and Reykjavik during the autumn are popular places to visit. The hiking trails, the shopping scene, and the natural beauty of the area are the main draw to Reykjavik this time of year. Warm weather and sunshine bring visitors to Guayaquil year-round.
It's quite cold in Reykjavik in the autumn. Reykjavik is much colder than Guayaquil in the autumn. The daily temperature in Reykjavik averages around 5°C (41°F) in October, and Guayaquil fluctuates around 23°C (73°F).
Reykjavik usually gets around the same amount of rain in October as Guayaquil. Reykjavik gets 86 mm (3.4 in) of rain, while Guayaquil receives 90 mm (3.5 in) of rain this time of the year.
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Autumn Average Temperatures OctoberReykjavik 5°C (41°F)Guayaquil 23°C (73°F)
Should I visit Reykjavik or Guayaquil in the Winter?
The winter attracts plenty of travelers to both Reykjavik and Guayaquil. Many travelers come to Reykjavik for the shopping scene and the cuisine. Guayaquil attracts visitors year-round for its warm weather and sunny climate.
Be prepared for some very cold days in Reykjavik. In the winter, Reykjavik is much colder than Guayaquil. Typically, the winter temperatures in Reykjavik in January average around -0°C (32°F), and Guayaquil averages at about 28°C (82°F).
Guayaquil receives a lot of rain in the winter. In January, Reykjavik usually receives less rain than Guayaquil. Reykjavik gets 76 mm (3 in) of rain, while Guayaquil receives 190 mm (7.5 in) of rain each month for the winter.
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Winter Average Temperatures JanuaryReykjavik -0°C (32°F)Guayaquil 28°C (82°F)
Should I visit Reykjavik or Guayaquil in the Spring?
The spring brings many poeple to Reykjavik as well as Guayaquil. Many visitors come to Reykjavik in the spring for the natural beauty. The warm climate attracts visitors to Guayaquil throughout the year.
Reykjavik can get quite cold in the spring. In April, Reykjavik is generally much colder than Guayaquil. Daily temperatures in Reykjavik average around 3°C (38°F), and Guayaquil fluctuates around 28°C (82°F).
It's quite rainy in Guayaquil. Reykjavik usually gets less rain in April than Guayaquil. Reykjavik gets 58 mm (2.3 in) of rain, while Guayaquil receives 120 mm (4.7 in) of rain this time of the year.
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Spring Average Temperatures AprilReykjavik 3°C (38°F)Guayaquil 28°C (82°F)
Typical Weather for Guayaquil and Reykjavik
| Reykjavik | Guayaquil | |||
|---|---|---|---|---|
| Temp (°C) | Rain (mm) | Temp (°C) | Rain (mm) | |
| Jan | -0°C (32°F) | 76 mm (3 in) | 28°C (82°F) | 190 mm (7.5 in) |
| Feb | 1°C (33°F) | 72 mm (2.8 in) | 27°C (81°F) | 230 mm (9.1 in) |
| Mar | 1°C (34°F) | 82 mm (3.2 in) | 28°C (82°F) | 220 mm (8.7 in) |
| Apr | 3°C (38°F) | 58 mm (2.3 in) | 28°C (82°F) | 120 mm (4.7 in) |
| May | 7°C (44°F) | 44 mm (1.7 in) | 27°C (81°F) | 60 mm (2.4 in) |
| Jun | 10°C (49°F) | 50 mm (2 in) | 25°C (77°F) | 70 mm (2.8 in) |
| Jul | 11°C (52°F) | 52 mm (2 in) | 23°C (73°F) | 110 mm (4.3 in) |
| Aug | 11°C (52°F) | 62 mm (2.4 in) | 23°C (73°F) | 110 mm (4.3 in) |
| Sep | 8°C (46°F) | 67 mm (2.6 in) | 25°C (77°F) | 100 mm (3.9 in) |
| Oct | 5°C (41°F) | 86 mm (3.4 in) | 23°C (73°F) | 90 mm (3.5 in) |
| Nov | 1°C (35°F) | 73 mm (2.9 in) | 26°C (79°F) | 100 mm (3.9 in) |
| Dec | 0°C (32°F) | 79 mm (3.1 in) | 27°C (81°F) | 130 mm (5.1 in) |
Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.