How much money does a person working in Guayaquil make?
2,312 USD per month
Average Monthly Salary
A person working in Guayaquil typically earns around 2,312 USD per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Guayaquil | All Jobs
Abount These Figures: Salary Range, Median and Percentiles
Salaries in Guayaquil range between 313 USD per month (minimum salary) to 10,237 USD per month (maximum salary).
The median salary is 2,266 USD per month, which means that half (50%) of the population are earning less than 2,266 USD while the other half are earning more than 2,266 USD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 1,161 USD while 75% of them are earning more than 1,161 USD. Also from the diagram, 75% of the population are earning less than 6,002 USD while 25% are earning more than 6,002 USD.
What is the difference between the median and the average salary? What should you be looking at?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary
Salary Trend and Forecast in Guayaquil
How are Guayaquil salaries changing over time? Listed below is a chart that shows the average salary over the past few years.
|Average Salary 2016|| = |
|Average Salary 2017|| +4% |
|Average Salary 2018|| +2% |
|Average Salary 2019|| +3% |
Percentage increase and decrease are relative to the previous value
Salaries in Guayaquil are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.
Salaries for popular jobs
|Administrative Assistant||1,269 USD|
|Biomedical Engineer||1,944 USD|
|CAD Drafter||1,787 USD|
|Chartered Accountant||1,993 USD|
|Chief Executive Officer||5,333 USD|
|Chief Financial Officer||5,061 USD|
|Civil Engineer||2,112 USD|
|Computer Technician||1,807 USD|
|Creative Director||2,400 USD|
|Developer / Programmer||2,011 USD|
|Electrical Engineer||2,427 USD|
|Elementary School Teacher||1,654 USD|
|Executive Chef||2,105 USD|
|Flight Attendant||2,106 USD|
|General Manager||3,981 USD|
|Graphic Designer||1,670 USD|
|Hotel Manager||3,426 USD|
|Human Resources Manager||3,292 USD|
|Internal Auditor||2,515 USD|
|Legal Assistant||1,731 USD|
|Mechanical Engineer||2,392 USD|
|Police Officer||1,820 USD|
|Project Manager||2,626 USD|
|Sales Manager||3,797 USD|
|Sales Representative||1,587 USD|
|Secondary School Teacher||1,868 USD|
|Travel Agent||1,994 USD|
|Waiter / Waitress||1,479 USD|
Average Hourly Wage in Guayaquil | All Jobs
13 USD per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Guayaquil | All Jobs is 13 USD. This means that the average person in Guayaquil earns approximatly 13 USD for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.
Guayaquil VS Ecuador
We compared salaries in Guayaquil and Ecuador and we found that Guayaquil salaries are 4% more than those of Ecuador.
Salary Comparison By City
|Santo Domingo||2,129 USD|
4029 - 4