Cost of living in La Libertad
La Libertad, a coastal city in Ecuador, offers a unique blend of cultural experiences and natural beauty. Understanding the cost of living here is crucial for anyone considering relocation or planning an extended stay.
This guide provides a detailed breakdown of expenses in La Libertad, covering essential categories such as dining, housing, transportation, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $3.5 on average.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $40.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer averages $1.5, imported beer $2, cappuccino $2.6, and Coke/Pepsi $0.5.
Grocery Prices
Transportation
- Fuel (Gasoline) - Gasoline is priced at $0.77 per liter.
- Taxi Fares - Taxi fares start at $2.5.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $300 to $580, averaging $440.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $250 to $450, averaging $350.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $500 to $880, averaging $690.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $400 to $645, averaging $522.5.
Utilities
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
Transportation
Transportation
Rent Per Month
Rent Per Month
Sports And Leisure
Sports And Leisure
Salaries And Financing
Salaries And Financing
"Key Takeaways"
La Libertad offers affordable dining options, with inexpensive meals averaging $3.5.
Housing costs are relatively low, with 1-bedroom apartments in the city centre averaging $440.
Transportation is economical, with gasoline priced at $0.77 per liter and taxi fares starting at $2.5.
Conclusion
In conclusion, La Libertad presents a cost-effective living environment, particularly in terms of dining and housing.
Potential residents can enjoy a comfortable lifestyle without incurring high expenses, making it an attractive option for those seeking affordability in Ecuador.