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South America ยท Quito

Cost of living in Ecuador

Ecuador is 56% cheaper than the US, ranking #101 of 203 countries we cover for cost of living.

World Bank data through 2024 ยท last reviewed 2026-06.

Cost of living ยท US = 100
44.1
Ranks #101 of 203 ยท 56% cheaper than the US
GDP / capita (PPP)
$15,840
GNI / capita (PPP)
$15,410
Inflation ยท YoY
1.5%
Population
18.1M
Capital
Quito
Density
72 /kmยฒ
Urban
63%
Area
256.4K kmยฒ

What drives the cost here

Price levels by category, where the world average = 100. Above 100 is pricier than the global norm; below it is cheaper.

In Ecuador, communication is the priciest category relative to the world (125), while housing & utilities is the most affordable (52).

Communication 125
Food & groceries 99
Restaurants & hotels 80
Health 69
Transport 60
Housing & utilities 52

Category price levels: World Bank ICP 2021 (world average = 100) ยท source

Ecuador on the map

What your money is worth here

A $100,000 US lifestyle would cost roughly $44,000 in Ecuador.

Quality of life

62/100 ยท #138 of 198

Beyond cost โ€” health, safety, and connectivity. The score is a transparent, equal-weight composite of the verified metrics below (see methodology).

Quality-of-life score
62 / 100
Our transparent equal-weight composite
Life expectancy
78 yrs
World Bank ยท 2024 ยท source
Safety ยท homicide /100k
45.7
UNODC ยท 2023 ยท source
Infant mortality /1k
11
World Bank ยท 2024 ยท source
Internet users
77%
ITU ยท 2024 ยท source
Safe drinking water
70%
WHO/UNICEF ยท 2024 ยท source
Air quality ยท PM2.5
17 ยตg/mยณ
WHO ยท 2020 ยท source

About Ecuador

What is now Ecuador formed part of the northern Inca Empire until the Spanish conquest in 1533. Quito -- the traditional name for the area -- became a seat of Spanish colonial government in 1563 and part of the Viceroyalty of New Granada in 1717. The territories of the Viceroyalty -- New Granada (Colombia), Venezuela, and Quito -- gained their independence between 1819 and 1822 and formed a federation known as Gran Colombia.

Read the full background

When Quito withdrew to become an independent republic in 1830, the traditional name was changed to the "Republic of the Equator." Between 1904 and 1942, Ecuador lost territories in a series of conflicts with its neighbors. A border war with Peru that flared in 1995 was resolved in 1999. Although Ecuador has had nearly 50 years of civilian governance, the period has been marked by political instability.

Background from the CIA World Factbook (public domain), archived 2026-06-03.

Frequently asked

Is Ecuador expensive to live in?

Ecuador is 56% cheaper than the US, ranking #101 of the 203 countries we track. Its most expensive category relative to the world is communication; housing & utilities costs the least.

How much money do you need to live in Ecuador?

A lifestyle that costs $100,000 in the United States would cost roughly $44,000 in Ecuador, going by overall price levels. The salary translator turns your own figure into a local equivalent.

Is Ecuador cheaper than the United States?

Yes. Its overall price level is 44.1, against 100 for the United States.

What is the quality of life in Ecuador?

Ecuador scores 62 out of 100 on our quality-of-life index (#138 of 198), a composite of life expectancy, safety, health, and connectivity, with life expectancy around 78 years.

Every number, sourced.

We cite the exact source and year for each figure. Derived values are computed at build time, never hand-entered.

Price level index (US = 100)
Derived: nominal รท PPP GDP per capita, indexed to the US
44.1
GDP per capita (PPP)
World Bank ยท 2024 ยท source
$15,840
GNI per capita (PPP)
World Bank ยท 2024 ยท source
$15,410
Inflation (annual %)
World Bank ยท 2024 ยท source
1.5%
Population
World Bank ยท 2024 ยท source
18.1M
Population density
World Bank ยท 2023 ยท source
72 /kmยฒ
Urban population
World Bank ยท 2024 ยท source
63%
Surface area
World Bank ยท 2023 ยท source
256.4K kmยฒ

Explore more: compare countries ยท full ranking ยท South America ยท wages in Ecuador