Cost of Living in Ecuador

Summary of cost of living in Ecuador:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 3.50 $ 2.50-6.00
Meal for 2 People, Mid-range Restaurant, Three-course 38.00 $ 24.00-60.00
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 $ 6.00-8.00
Domestic Beer (1 pint draught) 2.00 $ 1.25-4.00
Imported Beer (12 oz small bottle) 3.50 $ 2.50-6.00
Cappuccino (regular) 2.46 $ 1.25-3.50
Coke/Pepsi (12 oz small bottle) 0.99 $ 0.60-2.00
Water (12 oz small bottle) 0.67 $ 0.50-1.50
Markets
Edit
Milk (regular), (1 gallon) 4.14 $ 3.22-5.68
Loaf of Fresh White Bread (1 lb) 1.53 $ 0.91-2.49
Rice (white), (1 lb) 0.65 $ 0.45-1.00
Eggs (regular) (12) 2.08 $ 1.20-3.25
Local Cheese (1 lb) 2.79 $ 1.13-5.22
Chicken Fillets (1 lb) 2.68 $ 1.13-4.99
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.12 $ 1.59-5.44
Apples (1 lb) 1.01 $ 0.45-1.81
Banana (1 lb) 0.56 $ 0.23-1.00
Oranges (1 lb) 0.59 $ 0.23-1.81
Tomato (1 lb) 0.60 $ 0.23-1.13
Potato (1 lb) 0.53 $ 0.23-0.91
Onion (1 lb) 0.48 $ 0.30-0.91
Lettuce (1 head) 0.71 $ 0.40-1.00
Water (1.5 liter bottle) 1.12 $ 0.60-1.50
Bottle of Wine (Mid-Range) 10.00 $ 6.00-15.00
Domestic Beer (0.5 liter bottle) 1.60 $ 1.00-2.25
Imported Beer (12 oz small bottle) 2.63 $ 1.50-4.00
Cigarettes 20 Pack (Marlboro) 6.00 $ 5.00-8.00
Transportation
Edit
One-way Ticket (Local Transport) 0.35 $ 0.30-0.50
Monthly Pass (Regular Price) 20.00 $ 15.00-30.00
Taxi Start (Normal Tariff) 1.50 $ 1.25-2.50
Taxi 1 mile (Normal Tariff) 2.41 $ 1.61-4.02
Taxi 1hour Waiting (Normal Tariff) 10.00 $ 8.00-15.00
Gasoline (1 gallon) 2.48 $ 2.38-4.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,500.00 $ 20,000.00-27,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,015.80 $ 23,000.00-32,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 48.45 $ 28.33-85.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 12.76 $ 10.00-20.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 35.42 $ 25.00-50.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 35.02 $ 25.00-60.00
Tennis Court Rent (1 Hour on Weekend) 16.53 $ 9.50-25.00
Cinema, International Release, 1 Seat 7.00 $ 5.00-12.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 235.33 $ 120.00-400.00
International Primary School, Yearly for 1 Child 6,810.91 $ 3,000.00-12,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 54.52 $ 21.00-85.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.00 $ 25.00-80.00
1 Pair of Nike Running Shoes (Mid-Range) 101.00 $ 65.00-145.00
1 Pair of Men Leather Business Shoes 84.21 $ 50.00-130.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 362.96 $ 200.00-600.00
Apartment (1 bedroom) Outside of Centre 281.73 $ 150.00-450.00
Apartment (3 bedrooms) in City Centre 621.67 $ 400.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 490.31 $ 300.00-875.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 120.56 $ 78.97-185.80
Price per Square Feet to Buy Apartment Outside of Centre 106.31 $ 60.39-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 499.75 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.26 7.00-15.00

Prices in Ecuador

This country had 2023 entries in the past 12 months by 162 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
Distribution of Expenses Using Our Statistical Model:
  

By City in Ecuador

Rank
City
Cost of Living Index
Rent Index
Cost of Living Plus Rent Index
Groceries Index
Restaurant Price Index
Local Purchasing Power Index
Guayaquil 36.6 10.0 23.8 36.7 28.1 42.6
Quito 34.4 10.1 22.7 38.1 27.8 38.6
Cuenca 32.4 9.3 21.3 35.6 23.6 40.3
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