Cost of Living in Ecuador

Cost of Living in Ecuador

Ecuador

Ecuador, formally the Republic of Ecuador, is a country in northwestern South America, lined by Colombia on the north, Peru on the east and south, and the Pacific Sea on the west. Ecuador additionally remembers the Galápagos Islands for the Pacific, around 1,000 kilometers (621 mi) west of the central area. The country’s capital is Quito, yet its biggest city is Guayaquil.

Summary of cost of living in Ecuador:

  • A family of four estimated monthly costs are 6,020.9DT (1,932.9$) without rent.
  • A single person estimated monthly costs are 1,685.3DT (541.0$) without rent.
Cost of Living in Ecuador
Meal, Inexpensive Restaurant3.50 $2.50-6.00
Meal for 2 People, Mid-range Restaurant, Three-course36.00 $20.00-60.00
McMeal at McDonalds (or Equivalent Combo Meal)7.00 $6.00-8.00
Domestic Beer (0.5 liter draught)2.00 $1.25-4.00
Imported Beer (0.33 liter bottle)3.50 $2.50-6.00
Cappuccino (regular)2.47 $1.25-3.50
Coke/Pepsi (0.33 liter bottle)0.99 $0.60-2.00
Water (0.33 liter bottle)0.67 $0.50-1.50
Milk (regular), (1 liter)1.10 $0.90-1.50
Loaf of Fresh White Bread (500g)1.69 $1.00-2.75
Rice (white), (1kg)1.43 $1.00-2.36
Eggs (regular) (12)2.06 $1.20-3.25
Local Cheese (1kg)6.08 $2.25-11.50
Chicken Fillets (1kg)5.83 $2.50-11.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat)6.84 $3.50-12.00
Apples (1kg)2.25 $1.00-4.00
Banana (1kg)1.22 $0.50-2.20
Oranges (1kg)1.34 $0.50-4.00
Tomato (1kg)1.33 $0.50-2.50
Potato (1kg)1.18 $0.50-2.20
Onion (1kg)1.05 $0.66-2.00
Lettuce (1 head)0.70 $0.40-1.00
Water (1.5 liter bottle)1.13 $0.60-1.50
Bottle of Wine (Mid-Range)10.00 $6.00-15.00
Domestic Beer (0.5 liter bottle)1.59 $1.00-2.25
Imported Beer (0.33 liter bottle)2.61 $1.50-4.00
Cigarettes 20 Pack (Marlboro)6.00 $5.00-8.00
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 1km (Normal Tariff)1.50 $1.00-2.50
Taxi 1hour Waiting (Normal Tariff)10.00 $8.00-15.00
Gasoline (1 liter)0.66 $0.63-1.06
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
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment48.05 $27.62-85.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data12.76 $10.00-20.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)35.38 $25.00-50.00
Fitness Club, Monthly Fee for 1 Adult35.02 $25.00-60.00
Tennis Court Rent (1 Hour on Weekend)16.53 $9.50-25.00
Cinema, International Release, 1 Seat7.00 $5.00-12.00
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child235.33 $120.00-400.00
International Primary School, Yearly for 1 Child6,810.91 $3,000.00-12,000.00
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 Shoes84.21 $50.00-130.00
Apartment (1 bedroom) in City Centre361.25 $200.00-600.00
Apartment (1 bedroom) Outside of Centre282.05 $150.00-450.00
Apartment (3 bedrooms) in City Centre618.71 $400.00-1,200.00
Apartment (3 bedrooms) Outside of Centre488.92 $300.00-850.00
Price per Square Meter to Buy Apartment in City Centre1,297.76 $850.00-2,000.00
Price per Square Meter to Buy Apartment Outside of Centre1,144.29 $650.00-2,500.00
Average Monthly Net Salary (After Tax)499.02 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate10.127.00-15.00

Prices in Ecuador

This country had 2061 entries in the past 12 months by 167 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.