Cost of living in Balzar
Balzar, a city in Ecuador, offers a unique blend of cultural richness and economic opportunities. Understanding the cost of living here is crucial for anyone considering relocation or planning a visit.
This guide provides a detailed breakdown of expenses in Balzar, covering everything from dining and groceries to transportation and housing.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $3 on average, with a range between $2.5 and $5.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $50, with prices ranging from $40 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8, with a range between $7 and $8.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.4 to $3, imported beer $2.5 to $5, cappuccino $1 to $3, and Coke/Pepsi $0.6 to $1.5.
Grocery Prices
- Milk - Milk is priced between $1 and $1.44 per liter, averaging $1.21.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.25 and $2.65, with an average price of $1.76.
- Eggs (Dozen) - A dozen eggs range from $1 to $3.6, averaging $2.45.
- Fruits (e.g., Apples, Oranges) - Apples cost $1 to $3.54 per kg, while oranges range from $0.6 to $2.81 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.5 and $2.5 per kg, and lettuce costs $0.6 to $0.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.63 and $0.76 per liter.
- Taxi Fares - Taxi fares start at $2, with a cost of $2 to $3 per km and $8 to $12 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $20,990 and $25,000, while a Toyota Corolla ranges from $22,000 to $30,999.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is between $200 and $400 monthly, averaging $279.38.
- International Primary School, Yearly for 1 Child - Yearly fees for international primary school range from $4,800 to $8,400, averaging $5,840.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $53.13 and $144.5, averaging $90.97.
- Internet - Internet services range from $25 to $40, with an average cost of $31.46.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs between $12 and $20, averaging $14.
Cost of Living Rankings
The cost of living indices for Ecuador are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Ecuador, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Balzar offers a relatively low cost of living compared to many urban areas, with affordable dining and grocery options.
Transportation costs are modest, especially for fuel, making it economical for car owners.
Utilities and internet services are reasonably priced, contributing to the overall affordability of living in Balzar.
Conclusion
In conclusion, Balzar presents an affordable living environment with a balanced mix of low-cost dining, groceries, and transportation.
The city is ideal for those seeking a cost-effective lifestyle without compromising on essential services and amenities.