When Amelia and I lived in Olón, Ecuador, we often took evening strolls on the beach to watch the sunset over the ocean as the soothing sound of foamy white waves lapped the shore. The colors of the sky transitioned from yellow to orange to pink to purple.
Sunsets in Olón were a ritual for us, as well as other locals and tourists (when it wasn’t cloudy). We all gathered to watch in awe as the sun took its daily plunge into the ocean while families played soccer on the beach, their laughter filling the air.
Evenings were also a favorite time for the neighborhood dogs to join the rest of us on the beach. They chased birds, kids and each other, adding to the lively atmosphere.
Children built sandcastles and little red crabs scurried around digging holes as the waves filled them back in. It was a constant battle the little crabs were destined to lose.
We moved away from Olón almost two years ago, and while we probably won’t move back, we still miss the sunsets and our long walks on the beach.
Those sunsets will always hold a special place in our hearts. We may not be able to physically be there to watch them anymore, but the memories will stay with us forever.
Watch Our Video from Olón Ecuador
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https://ameliaandjp.com/wp-content/uploads/2023/01/Olon-Ecuador-Sunsets-Cover.jpg7201280JP Stonestreethttps://ameliaandjp.com/wp-content/uploads/2023/02/Amelia-And-JP-Logo-v4.pngJP Stonestreet2023-01-22 08:00:522023-03-19 18:56:00Echoes of Olón Ecuador: A Sunset Story
This newsletter covers topics we don’t share ANYWHERE ELSE! You’ll get all sorts of timely information about living abroad and expat-relevant news that might affect your plans to travel or move abroad.
https://ameliaandjp.com/wp-content/uploads/2022/01/Ep-284-Olon-Return-v1.jpg7201280JP Stonestreethttps://ameliaandjp.com/wp-content/uploads/2023/02/Amelia-And-JP-Logo-v4.pngJP Stonestreet2022-01-16 20:00:512023-03-19 18:16:01WHY WE MISS THIS SMALL ECUADOR BEACH TOWN (Plus 3 things we don’t miss about Olón!)
Amelia And JP VLOG 255: In this “day-in-the-life” video, we share the real reasons why we left Olón and moved to Manta, Ecuador.
We also take you along with us to the dentist here in Manta so you can see for yourself that dentists in Ecuador are just like dentists in the U.S., only more affordable.
This newsletter covers topics we don’t share ANYWHERE ELSE! You’ll get all sorts of timely information about living abroad and expat-relevant news that might affect your plans to travel or move abroad.
https://ameliaandjp.com/wp-content/uploads/2021/07/Why-We-Left-Olon.jpg7201280JP Stonestreethttps://ameliaandjp.com/wp-content/uploads/2023/02/Amelia-And-JP-Logo-v4.pngJP Stonestreet2021-05-27 08:37:172023-03-19 18:16:25The REAL Reasons Why We Left Olón (Plus, Manta Ecuador Dentist)
Amelia And JP VLOG 252: We waited for the rainy season to do the hike up to Las Cascadas in Dos Mangas, Ecuador. It’s been on our list since we moved to Olón, but the waterfalls (cascadas) have been dry for most that time.
It was a sunny day again and beautiful outside so we called our driver to take us to the trailhead. That’s where we picked up our guide, Luis. He told us about all sorts of plants and wildlife on our roughly 3 hour trek to the waterfalls.
Sadly, the coast of Ecuador is in a multi-year drought so the rainy seasons haven’t been very rainy for a long time. Meanwhile, the population in the area has grown and there is more livestock being raised and crops being planted that require more water.
As a result, the rivers and waterfalls are dry! The small trickles you saw in the video are nothing compared to the 100 foot high waterfall that is normally the climax of the hike. It still flows after a heavy rain, but it no longer flows continuously during the rainy season as it once did.
None-the-less, we thoroughly enjoyed our hike and Luis was an excellent guide!
This newsletter covers topics we don’t share ANYWHERE ELSE! You’ll get all sorts of timely information about living abroad and expat-relevant news that might affect your plans to travel or move abroad.
https://ameliaandjp.com/wp-content/uploads/2021/07/Dos-Mangas-Ecuador-Cascadas.jpg7201280JP Stonestreethttps://ameliaandjp.com/wp-content/uploads/2023/02/Amelia-And-JP-Logo-v4.pngJP Stonestreet2021-04-29 08:25:342023-03-19 18:16:26WATERFALLS are NOT supposed to be like THIS! (Dos Mangas Ecuador Cascadas)
Amelia And JP VLOG 251: In this video, we get to see what heaven looks like when Amelia closes her eyes and imagines it! She did a great job of fighting the temptation to dive headfirst into a bowl of her favorite substance!
Chef Daniel Ampuero, a talented Ecuadorian chocolatier and teacher, was kind enough to give us a private chocolate cooking class in his laboratory, fulfilling one of Amelia’s lifelong dreams!
If you would like to buy some amazing chocolate or take a chocolate cooking class with Chef Ampuero, you can contact him via Instagram.
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https://ameliaandjp.com/wp-content/uploads/2021/02/AMELIA-FULFILLS-A-DREAM.jpg7201280JP Stonestreethttps://ameliaandjp.com/wp-content/uploads/2023/02/Amelia-And-JP-Logo-v4.pngJP Stonestreet2021-04-22 05:17:502023-03-19 18:16:26AMELIA FULFILLS A DREAM!!!
Amelia And JP VLOG 250: Despite water shortages, Olón continues to prosper. We have several new tiendas and restaurants, a few remodeled restaurants, electric scooter rentals, new bike sales, and a few new murals.
Plus, thanks to Ed Lindquist, and Yenis and Joel Bejas at Cuenca Expats Magazine, we got to meet our famous Ecuadorian neighbor: Olmedo Quimbita.
Quimbita is an internationally renowned Ecuadorian artist from Cotopaxi. His art has been featured in exhibitions in 20 different countries around the world. We’re not art experts, but his work reminds us of Picasso’s cubism with a touch of Inca and lots of bright Latin colors.
And if you would like to book a stay at the Quimbita Hotel here in Olón or buy some of his amazing artwork, you can learn more about that here.
As we mentioned in the video, I’m going to discuss President Elect Lasso’s top 10 policy plan for Ecuador in this week’s newsletter. It may be surprising to some, while calming to others. Whether he follows through with his plan remains to be seen, but at least we’ll know what’s on his mind.
After you opt-in to the newsletter, you’ll also gain immediate access to our Ecuador Cost of Moving and Living Calculator. And you can opt-out at any time. Sign up here before Friday at noon to get this week’s newsletter.
This newsletter covers topics we don’t share ANYWHERE ELSE! You’ll get all sorts of timely information about living abroad and expat-relevant news that might affect your plans to travel or move abroad.
https://ameliaandjp.com/wp-content/uploads/2021/02/Olon-is-BOOMING.jpg7201280JP Stonestreethttps://ameliaandjp.com/wp-content/uploads/2023/02/Amelia-And-JP-Logo-v4.pngJP Stonestreet2021-04-15 05:13:262023-03-19 18:16:26Olón is BOOMING! Plus, Meet our FAMOUS Ecuadorian Neighbor: Quimbita!
Amelia And JP VLOG 248: Adventure! Romance! Entrepreneurship! Unconventional Life Choices! This video has it all!
Join us as we share the inspirational story of two unconventional expats from Sweden and Argentina who found their home, their future, and their love in Ecuador!
After moving from Vilcabamba to Olón, Johan and Anahi started MOMO, one of Olón’s most successful gourmet restaurants serving fusion cuisine with a variety of delicious and artistically presented dishes for every palate preference.
They also have a gourmet store, which sells a variety of local, as well as hard-to-find, speciality items.
For the entrepreneurs among us, they share what it’s like to own and operate a business that employs more than a dozen local Ecuadorians.
And as expats from the United States, we especially enjoyed hearing why two expats from other countries chose Ecuador over EVERY other place they visited, and why they love this magical country as much as we do!
This newsletter covers topics we don’t share ANYWHERE ELSE! You’ll get all sorts of timely information about living abroad and expat-relevant news that might affect your plans to travel or move abroad.
https://ameliaandjp.com/wp-content/uploads/2021/02/An-UNCONVENTIONAL-Origin-Story.jpg7201280JP Stonestreethttps://ameliaandjp.com/wp-content/uploads/2023/02/Amelia-And-JP-Logo-v4.pngJP Stonestreet2021-04-01 05:05:072023-03-19 18:16:27Be INSPIRED and Be WHOEVER you want in Ecuador! An UNCONVENTIONAL Origin Story…
Amelia and JP VLOG 241: Following our visit to Ayampe about 30 minutes north of Olón, several of our viewers asked us to show Ayangue, which is about 30 minutes south of Olón.
We know a few people who live there and really like it, but we weren’t sure what to expect. Every place we visit in Ecuador is dramatically different than the last, and Ayangue was no exception.
In this video, we shared several things that surprised us about our afternoon in Ayangue, and we discuss if we think it’s a good place for expats to live.
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https://ameliaandjp.com/wp-content/uploads/2021/07/Ayangue-Ecuador.jpg7201280JP Stonestreethttps://ameliaandjp.com/wp-content/uploads/2023/02/Amelia-And-JP-Logo-v4.pngJP Stonestreet2021-02-02 10:38:042023-03-19 18:16:43What SURPRISED us about Ayangue Ecuador + Is it a good place for expats? (2021)
Is it possible to live in Ecuador for less than $500 per month? The short answer is yes! Expats and retirees flock to Ecuador for its tropical weather and beautiful, biodiverse landscapes, as well as for the low cost of living! Depending on where you choose to live, it’s entirely possible to live well in Ecuador on a very small budget.
People worldwide—including US, Canadian, and European expats—have discovered that Ecuador offers many affordable options to choose from. Besides the prospect of pleasant weather and stunning scenery, you can also look forward to minimizing your expenses and stretching your income!
In this article, we’ll take a look at the typical monthly expenses you can expect to incur living in Ecuador. This is a guide to everything you need to know to make a $500 budget work well for you.
You’ll find information on housing options, health insurance costs, food, and transportation that will allow a single person to live quite well on a low budget.
Low Budget Housing in Ecuador
Housing is often the largest budget consideration. It’s also what makes moving to Ecuador so attractive for people who leave Canada, Europe, or the US. Although coastal options and larger properties will cost more money, it is entirely possible to find safe, comfortable housing for less than $300/month.
Here are some things you’ll want to keep in mind when you look for housing on a tight budget.
Hostel or Private Room
Although you’ll have to share amenities like a kitchen and bathroom in these setups, you can find a safe, spacious place to live in Ecuador for between $100-$200/month in a hostel or private room in someone’s home.
For example, a friend secured a well-appointed room in a house living with an Ecuadorian family in Cuenca for $110/month. Though she only had a small corner of the fridge to herself and shared a bathroom with her host family, she enjoyed the experience and lived on a very low budget. As a bonus, living with an Ecuadorian family allowed her to quickly learn the local culture and become fluent in Spanish.
Private Housing in Ecuador
If you elect to rent a private house, condo or apartment, there are plenty to find below or around the $300/month mark in smaller cities and towns throughout Ecuador.
Here are some things that you’ll want to factor into your housing search:
Furnished, Semi-furnished and Unfurnished
There are some pretty dramatic differences between the types of listings for rental properties in Ecuador.
Furnished homes are move-in ready and have everything you need, including kitchen items, like pots and pans, and linens, like sheets and towels. Consequently, they’re more expensive.
Semi-furnished homes have appliances, like a stove and refrigerator, but you’ll have to provide everything else, such as pots, pans, plates, bedding, etc.
Unfurnished units will not have anything included—sometimes you’ll even need to provide your own blinds and light fixtures!
If you decide to go with an unfurnished or semi-furnished place, you can find reasonably priced second hand furniture at moving sales or local consignments shops.
Desirable properties on or near the beach, or centrally located housing in popular cities such as Cuenca, usually charge higher rents, but there are plenty of places with great views and surroundings that you can rent on a budget.
Paute (which has a thriving expat community) and Azogues are about 45 minutes from Cuenca, but offer a host of cheaper housing alternatives. Inland cities like Cotacachi, Ibarra, or Otavalo also have very affordable housing options. You might find that you need a car to get around those areas rather than rely on public transportation, so that could be costly.
For more ideas on affordable coastal living options, check out our Affordable Beach Town Rentals in Olón Ecuador video to see opportunities like the Casita in Las Nuñez, which rents for $350/month.
Health Insurance in Ecuador
Health insurance is required to apply for the Pensioner visa and for your cédula. It is no longer required to enter the country on a tourist visa.
You will probably choose to purchase either private or public health insurance although some choose to have both. Public heath insurance costs about $83/month/person. Private health insurance costs vary depending on the type of coverage, your age, pre-existing conditions, and whether or not you smoke. You can expect to pay anywhere from $60 to $150 per person.
Private Insurance in Ecuador
For private insurance, in addition to the monthly premium, you can expect a nominal $100 annual deductible and a $10 copay per visit for low deductible plans. You can also purchase a high deductible plan with gap insurance, which has the benefit of lower monthly premiums.
These plans cover you at 90% in-network and 80% out-of-network. Pre-existing conditions are covered after a two-year waiting period with private insurance plans.
Public IESS Insurance in Ecuador
After you obtain your temporary residency visa AND your cédula, you can enroll in the Public IESS health insurance plan for a similar monthly premium.
Under the IESS coverage, you’ll have no copay or deductible and everything is covered at 100%, including doctors visits, surgeries, hospital stays and medication.
However, you must go to doctors, hospitals, and pharmacies in the public IESS network. Pre-existing conditions are covered after a 3 month waiting period.
Budgeting $50/month/person for groceries is a reasonable amount in Ecuador, especially if you buy most of your fruits, vegetables and beans from the local mercados rather than the grocery stores.
Meat, dairy, eggs and processed foods are more expensive in Ecuador, so if you eat a plant-based diet or limit your consumption of those products, you’ll save a lot of money.
Transportation
Ecuador is well-connected with a reliable public transportation system. Each ride costs about 35 cents in Cuenca and 50 cents along the coast.
Cab rides in Cuenca typically cost between $2 and $3, while on the coast they cost $1.50 to $5 depending on how far you travel between towns.
Interprovincial buses will take you from city to city throughout the country for just a few dollars per trip.
Realistically, you can get by on about $20 per month for transportation if you stay local and limit your cab rides.
Mobile Phone Service in Ecuador
WhatsApp is included in most mobile phone plans in Ecuador, and it’s used by most people to stay in touch using the free public Wi-Fi that’s available throughout the country.
Many expats choose to get a monthly phone plan that includes data for about $20/month. You can also go the prepaid route and spend a few dollars a month on minutes that you use until you run out. Depending on how heavily you rely on your mobile phone, this option can save you a lot of money over the course of a year.
Potential Extras
Many rentals include utilities like water, internet or electricity.
In warmer areas in the coastal or Amazon regions, electricity isn’t typically included because air conditioning preferences lead to varying costs that are hard to predict. Depending on how cold you like it, and how efficient your place is, you’ll probably pay between $20-$100 per month in electricity charges.
Basic, residential internet service costs about $30/month with Netlife on the coast or PuntoNet in Cuenca, and faster speeds will cost more.
Some extra costs that you might incur are bottled water delivery, for about $20/month. However, plenty of people in Cuenca enjoy the tap water.
Propane costs vary widely, from $2-$3/month to $15 or more.
Incidental Expenses
Dining Out
Though the best way to save money on food is by shopping at the mercados and cooking at home, there are affordable dining options that you can enjoy on a low budget.
Local-run restaurants that serve typical Ecuadorian fares like chicken, fish, soup, rice, plantains, and juice are very affordable. Almuerzos, which are sizeable lunch portions, normally run between $1.50 to $3 for a hearty, authentic meal.
Depending on where you go and what you eat, you can dine out a few times a week on a $30 monthly dining budget.
Entertainment
Ecuador offers plenty of free entertainment options, such as local walking tours, free museums and free concerts. Local parks are outfitted with free outdoor workout equipment, and the beautiful beaches and most national parks are free, too.
These are plenty of fun ways to entertain yourself on the cheap in Ecuador.
Clothing & Shoes
Local brands of clothing and shoes are more affordable than imported brands, like Nike or Skechers. You can find plenty of options in malls, small stores or pop up shops that are in line with what you’d expect to spend on clothes or shoes back at home.
Conclusion
Yes! It’s more than possible to live well in Ecuador on less than $500 per month!
Frugal couples can easily manage on $700-$800 per month since the cost of housing won’t increase with more people.
Health insurance is reasonably priced, but will be a significant budget consideration. Beyond that, fresh, healthy food is very affordable in Ecuador. Almuerzos at local restaurants and fresh fruits and veggies from the mercados will allow you to eat well on a low monthly budget.
Transportation, utilities, and incidentals are also inexpensive compared to high cost of living places like the United States, Canada and Europe. The low cost of living in Ecuador continues to attract expats from around the world.
With a little creativity and little frugality, there are plenty of ways to make a $500 monthly budget work well for you in Ecuador, while providing lots of enjoyment and a higher overall quality of life.
Watch Our Video About Cost Of Living on a Budget in Ecuador
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This newsletter covers topics we don’t share ANYWHERE ELSE! You’ll get all sorts of timely information about living abroad and expat-relevant news that might affect your plans to travel or move abroad.
https://ameliaandjp.com/wp-content/uploads/2021/01/Ecuador-Cost-of-Living-Mercado.jpg7201280JP Stonestreethttps://ameliaandjp.com/wp-content/uploads/2023/02/Amelia-And-JP-Logo-v4.pngJP Stonestreet2021-01-16 10:22:012023-03-20 17:56:19Expat Life in Ecuador on Less Than $500/month
Amelia and JP VLOG 238: The Dos Mangas Ecuador jungle trail has been on our bucket list since we arrived in Olón and we’re so incredibly thankful that we finally did it!
I guess we thought it was further away or more difficult to get there, but it’s actually very close to Olón. It’s about a 15 minute cab ride ($5 each way) and the park entry fee is $5. We asked our driver to come back to get us.
You don’t need a guide to hike the trail, but we hired one for our first time to get the full experience, including Amelia’s Peter Pan hat! The guide cost is $20 total.
The hike took us about 4.5 hours because we were filming and we took a detour to get a closer look at the Howler Monkeys. However, it can normally be done in about 3 hours, including 30 minutes in the natural spring cold pools at the top.
We arranged our adventure through Xavier at Bike Spondylus. He’s in the video wearing the Semper Fi t-shirt and he also helped us book our tour to Isla de la Plata. He can help you with all kinds of adventures and day trips around Olón. If you contact him, tell him you saw our video.
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This newsletter covers topics we don’t share ANYWHERE ELSE! You’ll get all sorts of timely information about living abroad and expat-relevant news that might affect your plans to travel or move abroad.
https://ameliaandjp.com/wp-content/uploads/2021/07/Dos-Mangas.jpg7201280JP Stonestreethttps://ameliaandjp.com/wp-content/uploads/2023/02/Amelia-And-JP-Logo-v4.pngJP Stonestreet2021-01-09 10:16:412023-03-19 18:16:44We live by HOWLER MONKEYS!!! Incredible jungle trek to the natural springs of Dos Mangas (2021)
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