Cost of living and expenses in Ecuador

What are the costs of living, how much do you have to spend on fees and expenses in Ecuador? What is the cost of a mortgage, what are the average earnings in Ecuador, and how much do you have to spend on clothes or a flat in the centre or on the outskirts of the city?
Below you will read about the expenses, fees, rental prices, how much you have to pay for clothes or shoes and the cost of living in Ecuador (The last update: 2 days ago)

Currency in Ecuador US dollar (USD $).


See also how prices have changed in previous years: Price changes in previous years in Ecuador


What are the different prices in the cities in Ecuador? Look here: Prices in cities in Ecuador

Prices: Cuenca   Guayaquil   Ibarra   Manta   Quito   Ambato   Loja   Machala   La Libertad   Riobamba  


Price fees $47 ($28 - $80)

fees

$47 ($28 - $80)
77% is less expensive than in United States

Price internet $36 ($25 - $50)

internet

$36 ($25 - $50)
by half less than in United States

Price jeans $53 ($20 - $85)

jeans

$53 ($20 - $85)
Very much like in United States

Price average earnings $516

average earnings

$516
89% is less expensive than in United States

Price renting a small apartment in the center $361 ($200 - $600)

renting a small apartment in the center

$361 ($200 - $600)
80% is less expensive than in United States

Price renting a large apartment outside the center $487 ($300 - $875)

renting a large apartment outside the center

$487 ($300 - $875)
80% is less expensive than in United States

The cost of living in Ecuador:

  1. One-way Ticket (Local Transport) $0.35
  2. Monthly Pass (Regular Price) $20
  3. Gasoline (1 liter) $0.66
  4. Volkswagen Golf 1.4 90 KW (or equivalent new car) $21.5K
  5. Apartment (1 bedroom) in city centre $361
  6. Apartment (1 bedroom) outside of centre $274
  7. Apartment (3 bedrooms) in city centre $617
  8. Apartment (3 bedrooms) outside of centre $487
  9. Utilities (electricity, heating, water, garbage) for an 85m2 apartment $47
  10. Internet (60 Mbps or more, unlimited data, cable/ADSL) $36
  11. numb_34 $12.6
  12. 1 pair of jeans (Levis 501 or similar) $53
  13. 1 Summer Dress in a Chain Store (Zara, H&M,...) $48
  14. 1 pair of Nike running shoes or similar $102
  15. 1 pair of men's leather shoes $85
  16. Toyota Corolla 1.6l, 97kW Comfort (or equivalent new car) $27.2K
  17. Preschool (or Kindergarten), Private, Monthly for 1 Child $228
  18. Price per square meter for an apartment in the city center $1.26K
  19. International Primary School, Annually for 1 Child $6.43K
  20. Price per square meter for an apartment outside of city centre $1.15K
  21. Average Monthly Net Salary (After Tax) $516
  22. Mortgage annual interest rate in percentages (%) 11%
  23. Taxi starting fare (normal tariff) $1.5
  24. Taxi 1km (Normal Tariff) $1.5
  25. Taxi 1 hour waiting (normal tariff) $10
source: hikersbay.com & numbeo.com

Price changes in previous years in Ecuador

Price changes in One Square Meter Of An Apartment In The Center over the years: 2010: $1.2K, 2011: $863, 2012: $901, 2013: $1.09K, 2014: $1.2K, 2015: $1.15K, 2016: $1.4K, 2017: $1.16K, and 2018: $1.62K

Ecuador price changes: Price per square meter for an apartment in the city center 2010-2018
Ecuador price changes Price per square meter for an apartment in the city center hikersbay.com

Have earnings increased in Ecuador?
See the average salary in previous years in 2010: $450, 2011: $305, 2012: $354, 2013: $353, 2014: $404, 2015: $501, 2016: $451, 2017: $478, and 2018: $520

Ecuador price changes: Average Monthly Net Salary (After Tax) 2010-2018
Ecuador price changes Average Monthly Net Salary (After Tax) hikersbay.com

Price changes in Fees over the years: 2010: $40, 2011: $30, 2012: $32, 2013: $41, 2014: $52, 2015: $39, 2016: $36, 2017: $36, and 2018: $45

Ecuador price changes: Utilities (electricity, heating, water, garbage) for an 85m2 apartment 2010-2018
Ecuador price changes Utilities (electricity, heating, water, garbage) for an 85m2 apartment hikersbay.com

Price changes in Internet over the years: 2010: $48, 2011: $47, 2012: $62, 2013: $52, 2014: $43, 2015: $38, 2016: $34, 2017: $36, and 2018: $39

Ecuador price changes: Internet (60 Mbps or more, unlimited data, cable/ADSL) 2010-2018
Ecuador price changes Internet (60 Mbps or more, unlimited data, cable/ADSL) hikersbay.com

Have prices changed in clothing stores in Ecuador in recent years?
For example, this is how the prices of jeans have changed in 2010: $60, 2011: $100, 2012: $68, 2013: $79, 2014: $58, 2015: $66, 2016: $76, 2017: $58, and 2018: $71

Ecuador price changes: 1 pair of jeans (Levis 501 or similar) 2010-2018
Ecuador price changes 1 pair of jeans (Levis 501 or similar) hikersbay.com

Do you want to learn more about different prices? See the following comparison:

tomatoes

$1.3 ($0.5 - $2.5)
74% is less expensive than in United States

bread

$1.7 ($1 - $3)
by half less than in United States

bottle of water

$0.66 ($0.5 - $1.5)
68% is less expensive than in United States

cheese

$5.9 ($2.5 - $11.5)
by half less than in United States

coffee

$2.4 ($1.3 - $3.5)
by half less than in United States

bananas

$1.2 ($0.5 - $2.2)
27% is less expensive than in United States