Is the cost of living in Ecuador high?
We asked people about the cost of living in Ecuador, they wrote...
"There is a wide variety of housing available on the Coast. In my little stretch of beach, expats can purchase a home in a gated community starting at just $125K and going up to $285K for an amazing 3 bedroom home with a pool. Rentals are anywhere from $600 and up depending upon amenities. Taxis and food are inexpensive and good," said a member in Rio Chico, Ecuador.
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Ecuador Visas - Law office of Attorney Sara ChacaWith Offices in BOTH Ecuador and the US, Ecuador Visas with Attorney Sara Chaca is the No. 1 Visa Law Firm for Your Move! Specializing in Ecuador Residency Visas plus converting from Temporary to Permanent Residency, Containers, Real Estate Closings, Wills and Estate Planning, Driver Licenses, Opening Businesses & Citizenship!
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"The cost of living in Ecuador is relatively affordable compared to other countries. This is because the cost of living in Ecuador is significantly lower than that in many developed countries. However, depending on location, the cost of living can vary. Generally, larger cities such as Quito and Guayaquil tend to have higher costs of living than the rest of the country. For a nice 1 bedroom apartment in Ecuador, rental prices range from $450 - $750 per month. The rental price for a nice 2 bedroom apartment typically ranges from $650 to $1000 US Dollars. The cost of a dinner at a moderately priced restaurant would approximately cost around $8 - $15 US Dollars," remarked another expat who made the move to Ecuador.
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Other Questions:
- What should I pack when moving to Ecuador?
- Where should I setup a bank account in Ecuador?
- Will I be able to find a job in Ecuador?
- What is life like in Ecuador?
- What do expats in Ecuador appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Ecuador?
- Is there a lot of diversity? Are people in Ecuador accepting of differences?
- What are the schools in Ecuador like?
- What are healthcare services like in Ecuador?
- What are medical services in Ecuador like?
- Are healthcare and health insurance expensive in Ecuador?
- What are emergency services like in Ecuador?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Ecuador?
- How are local medical facilities in Ecuador?
- As a foreigner living in Ecuador, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Is the cost of living in Ecuador high?
If you live in Ecuador, newcomers to Ecuador would love to hear your answer to this question:
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.