Minimum monthly cost to live in Ecuador

by Jerry
(Burlington Ontario)

I have just joined this site and I am sure this question has been asked before. Is there anyone know what would be the minimum monthly cost you would need to live in Quito or Cuenca?

My wife and I are two perhaps three years away for retiring and have been looking for places to retire to. It is very hard to determine just how much per month one would need. Assuming we would rent a two or three bedroom apartment or house. Plus all the obvious expenses food etc. I do understand there are obvious variables to the above question. I would just like to get an idea of a minimum one would need.

Thanks for your help.

Jerry

Comments for Minimum monthly cost to live in Ecuador

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Jun 15, 2015
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Cost to Live in Ecuador
by: Mike Bird

The true MONTHLY cost of living in Ecuador is as follows:

Around $600 for a very nicely furnished apartment in a good area, $100 for utilities of the apartment, $100 for food (per person), $50 for reasonable entertainment (per person), $75 for national health insurance (per person), and $25 for city bus transportation (per person).

Sep 26, 2014
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Retirement Visa
by: Curtis G

My understanding is that current requirements to qualify for a long-term retirement visa in Ecuador is to have an income of $800 per month. So even if you can find a way to live cheaper, you have to document that you have an income of $800 per month to be given permission to stay. The number may be off, but income requirements for visa are something you should look in to.

Jan 05, 2013
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Lived there for three months
by: Gregg

I loved the inexpensive cost of living. Nice apt. In el central with all utilities in a secure
Area 375/mo. Cooperative for fruit and veggies only 20.00 per week. Taxi only $2.00 anywhere in the City. Great almurzos only $2.00. Dinners out only 5-10 for great food. Sportive Cuenca soccer games less than $5.00 for lots of fun. Loads of free music and arts. Many Colleges and Universities for mental stimulation. Best experience this 65 year old has had.

Jun 25, 2012
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house or Apt for rent
by: Solano

Hello Miguel Vinueza

You state that you have two houses for rent. What do is the monthly rate. I need something furnished not to far from the city. I will need it for a minimum of 1 month but if i like it i could extend my stay for 2-3 months.

Can you tell me how to get in touch with you.

Feb 09, 2012
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ABOUT ECUADOR
by: Miguel Vinueza

Depends where do you like to live. I will show you some costs:
Three rooms appt, good located is around $400 to $600 a month. A cheaper two rooms appt will cost you $250 to $400 a month, everything depends where is located the apartment and the city. There are luxury houses with pool, gardens, rooms service, laundry room, in the suburbs around $700 to $1500 a month.In fact I have two houses for rent. But if you want to buy a house or apartment I suggest first you meet some people and ask them about prices for your final buy, a new house costs $40000 to $200000, and a new apartment costs $50000 to $120000, like I said before depends where is located, the internal furniture and the construction area.
Private nurse: $300 to $500 per month
Meals: $2.50 in a normal restaurant to $20 in a 5 star restaurant. Buffet in a restaurant $6, in a hotel 4 or 5 star $20, all per person.
Fast Food: Burguer King, KFC, McDonalds, Pizza Hut, Taco Bell $0, 99cnts to $15
Normal Milk: $0, 65cnts to $1, 10 per liter.
Movie tickets: $3, 50 per adult person.
Fruit and vegetables: $0, 10cnts to $3, depends per unit, kilo or pound.
Taxi fare: $ 1 the minimum ride, in some cities uses meter, ask for it, the start is $0, 35cnts.
Small car: $8000 to $18000 (new car), used cars in good shape: $3500 to $12000, depends model, year, millage.
Electricity $10 to $25, water $5 to $15, phone: $8 to $25, high speed internet $25 to $50, depend the city and consumption, gas cylinder (15kg) $1, 50
Dental care is cheaper, for example: root c$50 to $160, doctor appointment $10 to $40, health insurance $30 to $130 a month (depends age, smoking non smoking).

Nov 05, 2011
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EIGHT HUNDRED
by: Joaquin

Dear Jerry, you will need 800 dollars.

Oct 25, 2011
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Cost of Living in Ecuador
by: Verna in GA

The best site I've found that gives a families budget, lists all their expenses, is on GringosAbroad.com

Good luck!

Jun 12, 2011
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Best advice on this website and FREE
by: Jan

Hi having moved to Cuenca I found this website and Dixie a great help. I also took the "Getting to Know Cuenca Tour" which is on her website which was fantastic and worth every cent. I read the book Cuenca questions that the other lady mentioned just a couple of weeks ago. It's ok but I believe I found everything and more right here.
On Dixie's site there is also a Cuenca Question and Answer and it's free. She also answers emails very quickly with free advice. I dont know the person who wrote the book as I like to keep to myself as I did not relocate to hang around Gringos even though I have a couple of close friends here.
If you are thinking of relocating then you should come for a visit first. You may or may not like it.
Best of luck to you all. I found my little piece of heaven with the help of Dixie and her introductions to locals.

Jun 12, 2011
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Questions about Quenca
by: Also Looking

Buy the book: "Living ad Retiring in Cuenca: 101 questions answered" by Connie Pombo. My wife and I are looking at retiring in Cuenca and this book answers many of the questions plus gives quite a few web sites to gather information from.
I highly recommend this book. It is very easy reading.

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