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South America

Cost of living in Ecuador

Capital: QuitoSpanishUpdated October 2026
42%of US price level

Is Ecuador expensive?

Prices in Ecuador are about 42% of US price levels (World Bank PPP). The most affordable place we cover is Otavalo, at about $900–1,400 a month for a comfortable life.

Cost of living in Ecuador, by place

One person, rent included. SoloSquare estimates in US$.

PlaceMonth, comfortable1-bed rent, centerLocal mealValue
Otavalo$900–1,400$220–420$3–484/100
Mindo$900–1,400$250–450$3–585/100
Baños$1,000–1,500$250–450$3–576/100
Montañita$1,000–1,600$300–550$3–573/100
Puerto López$1,000–1,600$250–450$3–5—
Cuenca$1,300–1,900$400–800$3–563/100
Guayaquil$1,300–1,900$400–800$3–532/100
Vilcabamba$1,300–2,000$350–600$3–5—
Quito$1,400–2,000$450–900$3–539/100
Galápagos Islands$3,500–5,500—$6–105/100

Cost of living by place

Sources

Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.