Cost of living in Cumbaya
Cumbaya, a vibrant suburb of Quito, Ecuador, offers a unique blend of urban and suburban living. Understanding the cost of living here is crucial for anyone considering a move or planning to budget effectively.
This guide provides a detailed breakdown of expenses in Cumbaya, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $5 on average, with a range between $3 and $9.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $38, with prices ranging from $25 to $63.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6, with a range between $6 and $8.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.5 to $6, imported beer $2.5 to $7, cappuccino $1.5 to $3.8, and Coke/Pepsi $0.5 to $2.5.
Grocery Prices
- Milk - Milk is priced between $0.9 and $1.48 per liter, averaging $1.12.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1 and $2.2, with an average price of $1.58.
- Eggs (Dozen) - A dozen eggs range from $1.53 to $3.5, averaging $2.31.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.96 to $5 per kg, while oranges range from $1 to $5 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.5 and $2 per kg, and lettuce costs $0.3 to $1 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.63 and $1.07 per liter.
- Taxi Fares - Taxi fares start at $1.5, with a cost of $1.45 to $2 per km and $8 to $20 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $18,000 and $25,000, while a Toyota Corolla ranges from $22,000 to $32,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $600.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $300 to $400, averaging $350.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $450 to $2000, averaging $1225.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1500.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $25 and $80, averaging $41.12.
- Internet - Internet services range from $25 to $40.31, with an average cost of $31.13.
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
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"Key Takeaways"
Cumbaya offers a relatively affordable cost of living compared to major urban centers. Dining out is inexpensive, and grocery prices are reasonable.
Housing costs vary significantly depending on location, with city centre apartments being more expensive.
Transportation costs are low, especially for fuel, making it a cost-effective option for car owners.
Conclusion
In conclusion, Cumbaya provides a balanced cost of living with affordable dining and transportation options. Housing costs can vary, but overall, it remains a budget-friendly choice for residents.
Whether you're planning to move or just visiting, understanding these costs can help you manage your finances effectively in Cumbaya.