Cost of Living in Ecuador

Last updated on Jan 01, 2024

Summary: The cost of living in Ecuador is generally quite affordable. A nice one bedroom apartment can cost anywhere from $400 to $800 per month in US Dollars, while a nice two bedroom apartment can cost anywhere from $600 to $1,200 per month in US Dollars. The cost of dinner at a moderately priced restaurant can range from $10 to $20 per person in US Dollars.

Is the cost of living in Ecuador high?

We asked people how much they someone comfortably live on in Ecuador, they wrote:

"The cost of living in Ecuador varies and depends on what city or region you are located in. Generally speaking, daily expenses can be kept low if you are living outside of the major cities. Groceries, transportation, and rent are generally much cheaper than in other countries. However, prices for imported goods, luxury items, and eating out in restaurants can be more expensive," wrote a person living in Ecuador.

"I have meet folks who live on $1200/mo including rent. Our lifestyle is more like $1200-1500 and we own our place. That includes eating out, 2 grocery runs/month, beer deliveries and biweekly massages for two," explained one expat living in Manglaralto.

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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.