Historical Prices in Quito

Currency:

Restaurants

Year
Meal, Inexpensive Restaurant
Meal for 2 People,
Mid-range Restaurant, Three-course
McMeal at McDonalds
(or Equivalent Combo Meal)
2023 4.38 42.50 7.36
2022 4.48 33.44 7.35
2021 5.31 41.67 6.91
2020 3.69 32.73 6.01
2019 4.43 36.82 6.05
2018 4.40 36.54 6.33
2017 4.12 37.92 6.25
2016 3.82 34.82 6.22
2015 3.76 31.33 5.94
2014 3.44 31.11 5.69
2013 5.08 26.50 5.84
2012 3.31 17.00 5.00
2011 3.33 21.00 5.00
Year
Domestic Beer
(0.5 liter draught)
Imported Beer
(0.33 liter bottle)
Coke/Pepsi
(0.33 liter bottle)
Water
(0.33 liter bottle)
Cappuccino
(regular)
2023 3.00 4.25 1.39 0.79 2.87
2022 2.80 3.53 0.79 0.69 2.56
2021 2.25 3.60 0.96 0.61 2.69
2020 2.55 4.04 0.82 0.66 2.54
2019 2.12 3.64 0.88 0.68 2.03
2018 1.44 3.27 0.74 0.48 2.15
2017 1.50 2.98 0.93 0.57 2.24
2016 1.20 3.24 0.89 0.64 2.35
2015 1.33 3.22 0.90 0.70 2.33
2014 1.38 3.50 0.81 0.58 1.92
2013 0.97 3.06 0.82 0.52 2.08
2012 1.16 2.27 0.78 0.59 1.84
2011 1.33 5.00 0.97 0.62 1.33

Markets

Year
Milk
(regular),
(1 liter)
Loaf of Fresh White Bread
(500g)
Eggs
(regular)
(12)
Water
(1.5 liter bottle)
Domestic Beer
(0.5 liter bottle)
Imported Beer
(0.33 liter bottle)
2023 1.12 1.58 2.33 1.05 1.70 -
2022 0.92 1.69 1.83 1.07 1.23 2.42
2021 1.01 1.70 1.58 0.94 1.62 2.93
2020 0.99 1.75 1.85 1.09 1.43 2.96
2019 1.00 1.62 2.25 1.10 1.48 3.00
2018 0.93 - 1.57 - - -
2017 0.83 1.54 1.95 1.47 1.12 4.00
2016 1.18 2.08 2.32 1.80 1.29 2.71
2015 0.98 1.69 1.90 1.02 1.31 3.19
2014 1.19 1.23 2.06 0.93 1.00 2.75
2013 1.17 2.33 2.30 1.47 - -
2012 0.88 1.31 1.92 0.93 0.87 2.15
2011 0.71 0.80 1.38 1.06 0.75 3.75
Year
Apples
(1kg)
Oranges
(1kg)
Potato
(1kg)
Lettuce
(1 head)
Rice
(white),
(1kg)
Tomato
(1kg)
Banana
(1kg)
Onion
(1kg)
2023 3.24 - 1.23 0.82 1.71 1.53 1.43 1.20
2022 1.68 1.12 1.32 0.73 1.26 1.02 0.87 1.00
2021 1.76 1.47 1.37 0.78 1.30 1.40 1.10 1.43
2020 2.28 1.97 1.22 0.70 1.57 1.86 1.24 1.54
2019 2.20 1.56 1.30 0.71 1.42 1.32 1.18 1.05
2018 - - - - - - - -
2017 2.62 2.00 1.50 1.12 1.40 1.36 1.20 1.53
2016 2.97 2.42 1.38 1.64 2.60 1.23 1.50 1.32
2015 1.30 1.73 - 0.58 0.99 0.95 - -
2014 - - - - 2.00 - - -
2013 - - - 1.17 1.67 - - -
2012 2.50 1.50 2.12 0.93 0.57 1.40 - -
2011 1.00 0.80 2.25 0.23 - - - -
Year
Local Cheese
(1kg)
Bottle of Wine
(Mid-Range)
Cigarettes 20 Pack
(Marlboro)
Chicken Fillets
(1kg)
Beef Round
(1kg)
(or Equivalent Back Leg Red Meat)
2023 7.97 10.26 - 9.86 7.78
2022 5.71 9.38 5.51 5.22 6.53
2021 5.56 10.94 4.30 5.86 6.67
2020 4.57 11.25 4.56 6.76 6.86
2019 6.07 12.67 4.83 7.00 6.50
2018 - - 5.50 - -
2017 5.02 14.67 4.88 6.92 8.23
2016 5.16 15.56 4.50 8.45 6.20
2015 6.55 17.62 4.55 7.28 7.19
2014 4.00 10.00 3.83 6.22 -
2013 7.00 26.67 3.07 9.50 -
2012 4.30 10.00 2.88 4.87 -
2011 5.00 11.00 2.56 6.00 -

Rent Per Month

Year
Apartment
(1 bedroom)
in City Centre
Apartment
(1 bedroom)
Outside of Centre
Apartment
(3 bedrooms)
in City Centre
Apartment
(3 bedrooms)
Outside of Centre
2023 464.29 - 830.00 550.00
2022 399.55 220.00 545.56 458.33
2021 521.00 246.67 737.50 487.50
2020 448.89 257.65 857.89 472.22
2019 418.93 259.20 773.33 516.07
2018 460.19 317.27 760.00 517.27
2017 411.54 275.00 779.17 545.45
2016 475.00 280.43 835.42 546.00
2015 503.33 303.57 870.83 541.67
2014 350.00 333.33 - 607.50
2013 550.00 433.33 - -
2012 362.50 244.00 518.75 387.50
2011 275.00 175.00 475.00 325.00

Buy Apartment Price

Year
Price per Square Meter
to Buy Apartment
in City Centre
Price per Square Meter
to Buy Apartment
Outside of Centre
2023 - -
2022 1200.00 1020.00
2021 - 950.00
2020 1507.69 970.00
2019 1587.50 987.50
2018 1809.38 1226.92
2017 1450.00 1075.00
2016 1540.62 1178.57
2015 1691.67 1175.00
2014 1333.33 1366.67
2013 1400.00 900.00
2012 960.00 680.36
2011 900.00 700.00

Salaries And Financing

Year
Average Monthly Net Salary
(After Tax)
2023 -
2022 495.00
2021 476.67
2020 473.68
2019 603.80
2018 619.83
2017 490.91
2016 462.33
2015 577.23
2014 866.67
2013 572.67
2012 355.40
2011 302.56

Transportation

Year
One-way Ticket
(Local Transport)
Gasoline
(1 liter)
2023 - 0.71
2022 0.33 0.71
2021 0.28 0.69
2020 0.25 0.67
2019 0.25 0.66
2018 0.25 0.49
2017 0.25 0.40
2016 0.25 0.47
2015 0.25 0.50
2014 0.25 0.64
2013 0.25 0.60
2012 0.25 0.57
2011 0.25 -
Year
Monthly Pass
(Regular Price)
2023 -
2022 -
2021 -
2020 32.70
2019 30.30
2018 24.25
2017 11.39
2016 13.81
2015 -
2014 -
2013 -
2012 18.50
2011 -

Salaries And Financing

Year
Mortgage Interest Rate in Percentages
(%), Yearly, for 20 Years Fixed-Rate
2023 -
2022 10.04
2021 -
2020 12.12
2019 10.16
2018 12.22
2017 10.38
2016 11.44
2015 12.03
2014 -
2013 8.30
2012 9.25
2011 11.00

Utilities (Monthly)

Year
Basic
(Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
Internet
(60 Mbps or More, Unlimited Data, Cable/ADSL)
Mobile Phone Monthly Plan with Calls and 10GB+ Data
2023 39.72 34.81 12.78
2022 32.03 36.62 -
2021 68.33 37.11 -
2020 37.62 39.59 -
2019 46.17 42.07 -
2018 45.44 39.53 -
2017 34.19 37.07 -
2016 31.87 33.99 -
2015 32.80 36.80 -
2014 33.00 41.25 -
2013 57.88 60.00 -
2012 35.80 52.38 -
2011 30.00 47.00 -

Sports And Leisure

Year
Fitness Club, Monthly Fee for 1 Adult
Tennis Court Rent
(1 Hour on Weekend)
Cinema, International Release, 1 Seat
2023 42.50 - 7.00
2022 41.00 13.83 6.61
2021 40.48 - 6.09
2020 57.54 22.70 6.74
2019 47.00 24.75 6.28
2018 60.89 17.78 6.39
2017 66.12 20.00 6.12
2016 58.95 19.12 5.84
2015 57.69 26.00 6.00
2014 62.50 - 5.38
2013 70.00 - 5.88
2012 39.00 11.50 4.67
2011 42.50 15.00 4.25

Clothing And Shoes

Year
1 Pair of Jeans
(Levis 501 Or Similar)
1 Summer Dress in a Chain Store
(Zara, H&M, ...)
1 Pair of Nike Running Shoes
(Mid-Range)
1 Pair of Men Leather Business Shoes
2023 39.17 47.50 95.00 91.00
2022 45.56 45.00 100.00 97.14
2021 60.62 49.29 98.75 72.50
2020 70.00 47.65 104.50 92.45
2019 64.67 48.85 99.77 96.35
2018 84.67 58.21 112.71 105.19
2017 85.57 60.00 120.00 118.89
2016 80.57 71.25 115.77 110.33
2015 69.58 50.00 107.31 97.08
2014 - - - 73.33
2013 120.00 - 132.50 127.50
2012 73.33 45.00 118.75 82.00
2011 100.00 85.00 120.00 75.00
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