Cost of living in Quevedo
Quevedo, a vibrant 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 essential expenses in Quevedo, including dining, groceries, transportation, housing, and utilities, 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 $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 $35, with prices ranging from $25 to $63.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6.5, with a range between $6.5 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
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is between $200 and $420 per month.
- International Primary School, Yearly for 1 Child - Yearly tuition for international primary school ranges from $2,400 to $10,000.
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.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs between $10 and $20, averaging $14.53.
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
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Transportation
Utilities (Monthly)
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Sports And Leisure
Sports And Leisure
Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Quevedo offers a relatively affordable cost of living compared to many urban centers. Dining out is inexpensive, and grocery prices are reasonable.
Transportation costs are low, especially for fuel, making it economical for car owners. However, the cost of purchasing a new car is significant.
Utilities and internet services are affordable, contributing to the overall cost-effectiveness of living in Quevedo.
Conclusion
In conclusion, Quevedo presents a cost-effective living environment with affordable dining, transportation, and utility costs.
While housing and education can be more expensive, the overall expenses remain manageable, making Quevedo an attractive option for both residents and expatriates.