Cost of Living in Ecuador
The cost of living in Ecuador is a topic of interest for many considering a move to this beautiful country. From housing to healthcare, there are several factors to consider when calculating your monthly expenses.
Housing
Housing in Ecuador is remarkably affordable compared to the U.S., Canada or Europe. Rental prices vary depending on location, but it’s possible to find a two-bedroom apartment for as little as $400 per month in less sought-after areas, and up to $1300 per month for luxury options in prime neighborhoods. Even in popular cities like Cuenca and Quito, rental prices remain reasonable, with options ranging from $400 to $800 per month for comfortable accommodations.
Utilities
Utility bills in Ecuador are also significantly lower than in many other countries. Water, internet, and electricity typically amount to around $70 to $90 per month combined. Additionally, many expats opt for weekly maid services, which can cost around $20 to $25 for a full day of cleaning and other household chores.
Groceries
When it comes to food, Ecuador offers a mix of affordable local markets and more expensive supermarket chains. Fresh produce is abundant and inexpensive, with items like onions, bananas, avocados, and strawberries often priced at just a dollar or two. Dining out is also affordable, with set-course lunches (almuerzos) starting at $2.50 and dinner options ranging from traditional Ecuadorian cuisine to international fare, typically costing around $10 per person.
Transportation
Public transportation is efficient and inexpensive in Ecuador, making car ownership unnecessary for many residents. Bus and tram fares are low, with discounts available for seniors. Domestic flights between cities are also relatively affordable, with one-way trips costing between $60 to $120 depending on the destination.
Healthcare
Healthcare in Ecuador is both affordable and of high quality. Private health insurance plans range from $40 to $200 per month, with out-of-pocket expenses for medical services typically much lower than in other countries. The public healthcare system, while more affordable, may involve longer wait times for appointments and medications.
Overall, the cost of living in Ecuador is significantly lower than in many other countries, making it an attractive option for expats seeking a comfortable and affordable lifestyle. Whether you’re looking for a bustling city or a peaceful rural retreat, Ecuador offers plenty of options to suit every budget and lifestyle.
For a detailed breakdown of expenses and a comparison of the cost of living between Ecuador and your home country, please refer to the chart below. Additionally, if you’re considering a move to Ecuador or are interested in investing in property here, be sure to check out our properties for sale. And if you have a property in Ecuador that you’re looking to sell, we offer listing options to help you find the right buyer.
Expenses Breakdown
| Expense | Average Cost (USD) |
|---|---|
| Housing 🏠 | |
| Rent (1 bedroom apartment, city center) | $300 – $500 per month |
| Rent (1 bedroom apartment, outside city center) | $200 – $400 per month |
| Rent (2-3 bedroom apartment, city center) | $500 – $800 per month |
| Rent (2-3 bedroom luxury penthouse city center) | $800 – $1300 per month |
| Utilities 💡 | |
| Utilities (electricity, water, garbage) for 85m2 apt | $40 – $700 per month |
| Internet (60 Mbps or More, Unlimited Data) | $30 – $60 per month |
| Groceries 🛒 | |
| Groceries (Weekly for Family of 2) | $60 – $90 per week |
| Milk (1 liter) | $1.00 |
| Loaf of Fresh White Bread (500g) | $0.80 |
| Rice (1kg) | $1.00 |
| Eggs (12) | $1.50 |
| Local Cheese (1kg) | $4.00 |
| Chicken Breasts (Boneless, Skinless, 1kg) | $4.00 |
| Beef Round (1kg) | $6.00 |
| Apples (1kg) | $2.00 |
| Bananas (1kg) | $1.00 |
| Oranges (1kg) | $1.00 |
| Tomato (1kg) | $1.00 |
| Potato (1kg) | $0.70 |
| Lettuce (1 head) | $0.50 |
| Water (1.5-liter bottle) | $0.60 |
| Bottle of Domestic Beer (0.5 liter) | $1.50 |
| Bottle of Imported Beer (0.33 liter) | $2.00 |
| Pack of Cigarettes (Marlboro) | $5.00 |
| Transportation 🚌 | |
| One-way Ticket (Local Transport) | Less than $0.50 |
| Taxi Start (Normal Tariff) | $1.50 |
| Taxi 1km (Normal Tariff) | $1.00 |
| Gasoline (1 liter) | $0.50 – $0.60 |
| Healthcare 🏥 | |
| Private Health Insurance (Monthly Premium for an Individual) | $50 – $200 |
| Doctor’s Visit (No Insurance) | $20 – $30 |
| Dentist Visit (Cleaning, No Insurance) | $40 – $60 |
| Entertainment 🎬 | |
| Cinema, International Release, 1 Seat | $5.00 |
| Fitness Club, Monthly Fee for 1 Adult | $20 – $30 |
| Tennis Court Rent (1 Hour on Weekend) | $15.00 |
