Cost of Living Comparison Between Cuenca and Latacunga Cost of Living Comparison Between Cuenca and Latacunga

Monthly Cost of Living

A single person spends $886 per month in Cuenca vs $672 in Latacunga, rent included.

A couple spends around $1,347 per month in Cuenca vs $1,085 in Latacunga, rent included.

A family of three spends $1,809 per month in Cuenca vs $1,498 in Latacunga, rent included.

Cuenca costs about 32% more than Latacunga, driven mainly by Clothing & Footwear.

Both Cuenca and Latacunga are more affordable than the global median – Cuenca 34% lower, Latacunga 50% lower.

Meal at Budget Restaurant

$3.43 $3.43

$2.44 $2.44

40.57%

Three-Course Dinner for Two, Mid-Range

$25.20 $25.20

$27.80 $27.80

-9.35%

Fast Food Meal (McDonalds, etc)

$7.18 $7.18

$8.19 $8.19

-12.33%

Cappuccino

$2.51 $2.51

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.82 $0.82

$0.85 $0.85

-3.53%

Water (0.33 liter bottle)

$0.64 $0.64

$0.62 $0.62

3.23%

Local Beer (0.5 liter draught)

$1.96 $1.96

$2.95 $2.95

-33.56%

Imported Beer (0.33 liter bottle)

$3.55 $3.55

$4.55 $4.55

-21.98%

Milk (1 liter)

$1.12 $1.12

$1.13 $1.13

-0.88%

White Bread (500g)

$1.68 $1.68

Rice (white) (1kg)

$1.53 $1.53

$1.02 $1.02

50.00%

Eggs

$2.10 $2.10

$1.82 $1.82

15.38%

Local Cheese (1kg)

$5.36 $5.36

$4.91 $4.91

9.16%

Chicken Fillets (1kg)

$5.63 $5.63

$5.29 $5.29

6.43%

Beef Round Steak (1kg)

$6.36 $6.36

$6.21 $6.21

2.42%

Apples (1kg)

$1.42 $1.42

$2.12 $2.12

-33.02%

Banana (1kg)

$1.09 $1.09

$1.05 $1.05

3.81%

Oranges (1kg)

$1.18 $1.18

$1.06 $1.06

11.32%

Tomato (1kg)

$1.03 $1.03

Potato (1kg)

$1.52 $1.52

$0.98 $0.98

55.10%

Onion (1kg)

$1.07 $1.07

$0.98 $0.98

9.18%

Lettuce (1 head)

$0.49 $0.49

$0.48 $0.48

2.08%

Water (1.5 liter bottle)

$1.03 $1.03

$0.97 $0.97

6.19%

Cigarettes 20 Pack (Marlboro, Camel)

$5.60 $5.60

$5.92 $5.92

-5.41%

Wine (Bottle)

$9.92 $9.92

$10.04 $10.04

-1.20%

Local Beer (0.5 liter bottle)

$1.43 $1.43

$1.51 $1.51

-5.30%

Imported Beer (0.33 liter bottle)

$3.18 $3.18

$2.22 $2.22

43.24%

One-way Ticket (Public Transport)

$0.33 $0.33

$0.37 $0.37

-10.81%

Public Transport Monthly Pass (Regular Price)

$26.64 $26.64

$23.46 $23.46

13.55%

Taxi Start (Normal Tariff)

$0.64 $0.64

$1.46 $1.46

-56.16%

Taxi (Normal Tariff) (1km)

$0.97 $0.97

$1.48 $1.48

-34.46%

Taxi 1hour Waiting (Normal Tariff)

$13.28 $13.28

$9.81 $9.81

35.37%

Gasoline (1 liter)

$0.64 $0.64

$0.66 $0.66

-3.03%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$30.5K $30.5K

$24.9K $24.9K

22.43%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$28.9K $28.9K

$28.8K $28.8K

0.41%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$39.96 $39.96

$36.88 $36.88

8.35%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$13.69 $13.69

$13.61 $13.61

0.59%

Internet (50+ Mbps, Unlimited Data)

$30.74 $30.74

$32.40 $32.40

-5.12%

Gym Membership (Monthly)

$29.12 $29.12

$29.99 $29.99

-2.90%

Tennis Court (1 Hour on Weekend)

$5.14 $5.14

$14.84 $14.84

-65.36%

Cinema Ticket

$7.43 $7.43

$7.59 $7.59

-2.11%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$252 $252

$315 $315

-20.00%

International Primary School, 1 Child (Yearly)

$5,751 $5,751

$5,795 $5,795

-0.75%

Jeans (Levis 501 Or Similar)

$54.9 $54.9

$52.9 $52.9

3.86%

Summer Dress (H&M, Zara, etc)

$55.1 $55.1

$44.14 $44.14

24.72%

Sport Shoes (Adidas, Nike)

$101 $101

$102 $102

-1.47%

Men's Leather Business Shoes

$65.4 $65.4

$110 $110

-40.41%

1-bedroom Apartment, City Center (Monthly)

$372 $372

$120 $120

209.00%

1-bedroom Apartment, Outside City Center (Monthly)

$324 $324

$81.1 $81.1

298.98%

3-bedroom Apartment, City Center (Monthly)

$679 $679

$255 $255

166.81%

3-bedroom Apartment, Outside City Center (Monthly)

$512 $512

$198 $198

158.08%

Buy Apartment in City Center (m2)

$1,233 $1,233

$1,122 $1,122

9.86%

Buy Apartment Outside City Center (m2)

$851 $851

$749 $749

13.59%

Average Monthly Net Salary (After Tax)

$536 $536

20-Year Fixed Mortgage Interest Rate (Annual %)

11.48

9.35

22.78%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Cuenca: April 26, 2026

Last update for Latacunga: April 26, 2026

Cost Breakdown

A central one-bedroom costs $372 in Cuenca versus $120 in Latacunga. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $25.00 in Cuenca versus $28.00 in Latacunga. Groceries tell a different story – $184 in Cuenca vs $176 in Latacunga – so Latacunga wins on supermarket bills even if dining out costs more.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Cuenca vs Latacunga: Cost of Living - Frequently Asked Questions

Yes – Cuenca is pricier by about 32%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,329 per month in Cuenca and $1,008 in Latacunga. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Latacunga, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $25.00 in Cuenca and $28.00 in Latacunga. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $886 in Cuenca and $672 in Latacunga. The difference isn't just one category – it shows up across housing, food, transport, and services.

$1,200 covers both cities comfortably – all-in costs are $886 in Cuenca and $672 in Latacunga, leaving budget for savings and extras in both cases.

Families tend to lean toward Latacunga – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Latacunga. If higher salaries, better infrastructure, or specific career opportunities are the priority, Cuenca makes more sense. Both are solid long-term options with distinct trade-offs.