Will I save money living in Ecuador?
We asked expats if they save money living in Ecuador. They said...
"Living in Ecuador compared to the United States is likely to be more economical. The cost of living in Ecuador tends to be substantially lower than the United States, offering more value for money on essential items like food, utilities, and transportation. Renting a property in Ecuador can also be a more affordable option, although prices vary depending on the city. Furthermore, Ecuador has no income tax and a lower tax on goods and services, which could mean lower costs of utilities and other purchases," said a member in Ecuador.
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With 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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Click connect to have our partner contact you via e-mail and/or phone.
"I live on about $1000 a month as a single guy. Of course what you spend will depend on your lifestyle," remarked another expat who made the move to Cuenca, Ecuador.
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?
Will I save money living in Ecuador?
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.