ECUADOR – Budget

ECUADOR – Budget

Cuenca

As you walk the old cobblestone streets, marvel at the historic Spanish architecture, and admire the grandeur of Cuenca’s colonial churches, you’ll know that you’re not in Kansas anymore. A lot of retirement destinations tout the fact that they’re just like the United States—that you can settle in to familiar surroundings—but you won’t hear that about Cuenca.

Cost Of Living In Cuenca

If you’re looking for the world’s best place to retire overseas on a budget—to live better for less—then Cuenca is almost impossible to beat. The cost of living is low, and the cost of properties is near rock-bottom in Latin America. It’s low in an absolute sense and an amazing value for the quality of life that you’ll find here. A couple can live well on less than US$978 per month.

Monthly Budget For A Couple Living In Cuenca, Ecuador

Click here for currency conversion at today’s exchange rate.

Rent US$300
Gas US$5 Used for hot water and cooking.
Electricity US$30
Water US$5
Telephone US$5
Internet US$45
Cable TV US$20
Groceries US$300
Entertainment US$300
Total US$1,010

 

Infrastructure In Cuenca

The health care is high quality and inexpensive. Don’t forget that underneath the Spanish-colonial charm, Cuenca is located in a poor, developing country. So the standards of maintenance for the roads, buildings, and sidewalks won’t always be what you’d want, and the inefficiency of administrative processes will drive you crazy sometimes.

A populist who is quite unpopular with the U.S. government, President Correa has brought dramatic improvements to Ecuador, mostly by redirecting funds away from politicians’ pockets and into Ecuador’s infrastructure, education, and health care systems.

Climate In Cuenca

You can enjoy its fresh, spring-like climate 12 months of the year. Cuenca has little seasonal weather variation but the most pleasant months of the year, overall, are November, December, and January.

Like many former Inca capitals, Cuenca is located in a central valley at a high altitude: 2,530 meters (around 8,200 feet). It enjoys year-round, spring-like weather, with little seasonal variation.

You can expect average highs around 71 degrees Fahrenheit and lows a bit over 50 all year, although the strong sunshine at that altitude makes it feel much warmer. I find the climate perfect for daytime comfort and nighttime sleeping, but, if you prefer hot weather, you may find it too cool.

Expats In Cuenca

Cuenca’s large and growing expat community is one of Latin America’s most diverse and well-blended. It’s a beautiful colonial city in a fascinating and diverse country.

Loja

Loja is modern, convenient, and has full-city services. Yet it retains the full cultural richness that’s made it unique in Ecuador. The countryside surrounding Loja is dramatic and beautiful, with green mountain peaks, idyllic valleys, and rushing rivers. There are a number of attractive areas for owning a larger tract of land or a farm.

The city of Loja lies in Ecuador’s Southern Sierra region. Loja is capital of Loja province, which is one of Ecuador’s two southernmost provinces, bordering Peru.
It has a noteworthy indigenous presence, although it’s not as omnipresent as in Cuenca or even Quito.

Music is a big part of the Lojanoculture, and, in fact, Loja is the undisputed music capital of Ecuador. Many of the country’s best musicians and composers came from Loja, and the city currently boasts two orchestras and a noted music conservatory.

Cost Of Living In Loja

You can budget for living and retiring in Loja for less than US$950 per month.

Monthly Budget For A Couple Living In Loja, Ecuador

Click here for currency conversion at today’s exchange rate.

Rent US$400
Gas US$3 Used for hot water and cooking.
Electricity US$22
Water N/A Included with electricity.
Telephone US$56 Claro package includes 4Mb Internet, local phone, and 157 cable TV channels.
Internet N/A Included with telephone.
Cable TV N/A Included with telephone.
Groceries US$$250
Entertainment US$250
Total US$981

Infrastructure In Loja

The city of Loja itself is completely walkable, and anyone who can walk a couple of blocks will not need a car for day-to-day life. When you need a taxi, you’ll find them plentiful and cheap. Most rides around town are only a dollar.

And for further travel, including interprovincial travel, the public transportation is excellent. You’ll enjoy a modern bus system, jet transport to other major cities, and a fleet of inexpensive taxis to every corner of Ecuador.

Loja has a number of attractive town squares, which serve as the classic city social centers that the Spanish intended them to be. They’re a great place to relax, people-watch, get a shoeshine, have a coffee, or meet friends.

Climate In Loja

The average high temperature in Loja is 73 degrees Fahrenheit, with a seasonal variation of only one degree. Nights are always cool, with an average low of 45 degrees. So you don’t need heat, you don’t need air conditioning, and you can retire your winter clothes and your snow shovel.

Expats In Loja

The people of Loja are friendly and welcoming, and it’s easy to become a part of the community. Loja has virtually no expat community. So, today, you will still be accepted into the local community on your own merits rather than being stereotyped as part of the American enclave. Of course, lack of a large expat community is a deterrent to some people, while it will be a blessing for others. It depends on the lifestyle and level of cultural immersion that you’re looking for.

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ECUADOR – Budget

Cuenca

As you walk the old cobblestone streets, marvel at the historic Spanish architecture, and admire the grandeur of Cuenca’s colonial churches, you’ll know that you’re not in Kansas anymore. A lot of retirement destinations tout the fact that they’re just like the United States—that you can settle in to familiar surroundings—but you won’t hear that about Cuenca.

Cost Of Living In Cuenca

If you’re looking for the world’s best place to retire overseas on a budget—to live better for less—then Cuenca is almost impossible to beat. The cost of living is low, and the cost of properties is near rock-bottom in Latin America. It’s low in an absolute sense and an amazing value for the quality of life that you’ll find here. A couple can live well on less than US$978 per month.

Monthly Budget For A Couple Living In Cuenca, Ecuador

Click here for currency conversion at today’s exchange rate.

Rent US$300
Gas US$5 Used for hot water and cooking.
Electricity US$30
Water US$5
Telephone US$5
Internet US$45
Cable TV US$20
Groceries US$300
Entertainment US$300
Total US$1,010

 

Infrastructure In Cuenca

The health care is high quality and inexpensive. Don’t forget that underneath the Spanish-colonial charm, Cuenca is located in a poor, developing country. So the standards of maintenance for the roads, buildings, and sidewalks won’t always be what you’d want, and the inefficiency of administrative processes will drive you crazy sometimes.

A populist who is quite unpopular with the U.S. government, President Correa has brought dramatic improvements to Ecuador, mostly by redirecting funds away from politicians’ pockets and into Ecuador’s infrastructure, education, and health care systems.

Climate In Cuenca

You can enjoy its fresh, spring-like climate 12 months of the year. Cuenca has little seasonal weather variation but the most pleasant months of the year, overall, are November, December, and January.

Like many former Inca capitals, Cuenca is located in a central valley at a high altitude: 2,530 meters (around 8,200 feet). It enjoys year-round, spring-like weather, with little seasonal variation.

You can expect average highs around 71 degrees Fahrenheit and lows a bit over 50 all year, although the strong sunshine at that altitude makes it feel much warmer. I find the climate perfect for daytime comfort and nighttime sleeping, but, if you prefer hot weather, you may find it too cool.

Expats In Cuenca

Cuenca’s large and growing expat community is one of Latin America’s most diverse and well-blended. It’s a beautiful colonial city in a fascinating and diverse country.