Last update: Oct 2026

Cost of Living Comparison Between Terrace and Quito

For one person, living is cheaper in Quito: $978 a month against $1,887 in Terrace, rent and utilities included – about $10,900 less a year. Rent and utilities account for most of the difference.

Terrace
🇨🇦 Canada
$1,887
/mo nomad
Quito
🇪🇨 Ecuador
$978
/mo nomad
Monthly Cost of Living

How much you'll spend in Terrace and in Quito

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Terrace and in Quito actually costs, broken down by who's living it.

A single person spends $1,887 per month in Terrace vs $978 in Quito, rent included.

  • Terrace $1,887
  • Quito $978

A couple spends around $2,853 per month in Terrace vs $1,586 in Quito, rent included.

  • Terrace $2,853
  • Quito $1,586

A family of three spends $3,819 per month in Terrace vs $2,194 in Quito, rent included.

  • Terrace $3,819
  • Quito $2,194

Terrace costs about 93% more than Quito, and outside of rent the biggest gap is in groceries.

Terrace sits 40% above the global median, while Quito is 28% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Terrace
Quito
Difference
Meal at Budget Restaurant
$17.53 CA$24.78
$6.08 $6.08
188.32%
Three-Course Dinner for Two, Mid-Range
$79.9 CA$113
$55.5 $55.5
44.03%
Fast Food Meal (McDonalds, etc)
$9.87 CA$13.95
$7.61 $7.61
29.70%
Cappuccino
$3.93 CA$5.55
$3.40 $3.40
15.59%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.09 CA$2.95
$1.37 $1.37
52.55%
Water (0.33 liter bottle)
$1.62 CA$2.29
$1.09 $1.09
48.62%
Local Beer (0.5 liter draught)
$5.19 CA$7.34
$3.43 $3.43
51.31%
Imported Beer (0.33 liter bottle)
$6.15 CA$8.69
$6.06 $6.06
1.49%
🛒 Groceries & Markets
Terrace
Quito
Difference
Milk (1 liter)
$2.25 CA$3.19
$1.14 $1.14
97.37%
White Bread (500g)
$2.63 CA$3.72
$1.60 $1.60
64.37%
Rice (white) (1kg)
$5.10 CA$7.21
$1.58 $1.58
222.78%
Eggs
$3.60 CA$5.10
$2.12 $2.12
69.81%
Local Cheese (1kg)
$8.81 CA$12.45
$6.58 $6.58
33.89%
Chicken Fillets (1kg)
$15.36 CA$21.71
$5.51 $5.51
178.77%
Beef Round Steak (1kg)
$13.51 CA$19.10
$7.65 $7.65
76.60%
Apples (1kg)
$4.06 CA$5.73
$2.24 $2.24
81.25%
Banana (1kg)
$1.21 CA$1.72
$1.19 $1.19
1.68%
Oranges (1kg)
$2.99 CA$4.23
$1.33 $1.33
124.81%
Tomato (1kg)
$3.67 CA$5.20
$1.13 $1.13
224.78%
Potato (1kg)
$3.14 CA$4.44
$1.24 $1.24
153.23%
Onion (1kg)
$3.13 CA$4.43
$1.02 $1.02
206.86%
Lettuce (1 head)
$2.37 CA$3.36
$0.92 $0.92
157.61%
Water (1.5 liter bottle)
$1.01 CA$1.43
$1.05 $1.05
-3.81%
Cigarettes 20 Pack (Marlboro, Camel)
$11.27 CA$15.94
$6.16 $6.16
82.95%
Wine (Bottle)
$13.44 CA$18.99
$10.07 $10.07
33.47%
Local Beer (0.5 liter bottle)
$2.09 CA$2.96
$1.58 $1.58
32.28%
Imported Beer (0.33 liter bottle)
$1.78 CA$2.52
$3.09 $3.09
-42.39%
🚌 Getting Around
Terrace
Quito
Difference
One-way Ticket (Public Transport)
$1.38 CA$1.95
$0.36 $0.36
283.33%
Public Transport Monthly Pass (Regular Price)
$31.40 CA$44.40
$21.37 $21.37
46.93%
Taxi Start (Normal Tariff)
$3.30 CA$4.66
$1.53 $1.53
115.69%
Taxi (Normal Tariff) (1km)
$1.50 CA$2.12
$1.49 $1.49
0.67%
Taxi 1hour Waiting (Normal Tariff)
$20.03 CA$28.31
$9.84 $9.84
103.56%
Gasoline (1 liter)
$1.22 CA$1.72
$0.81 $0.81
50.62%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.8K CA$39.3K
$21.3K $21.3K
30.83%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$18.7K CA$26.5K
$27.9K $27.9K
-32.89%
🧾 Monthly Utilities & Internet
Terrace
Quito
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$93.2 CA$132
$28.75 $28.75
224.31%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$38.92 CA$55.0
$17.86 $17.86
117.92%
Internet (50+ Mbps, Unlimited Data)
$58.3 CA$82.5
$28.20 $28.20
106.88%
🎉 Sport & Entertainment
Terrace
Quito
Difference
Gym Membership (Monthly)
$40.14 CA$56.7
$46.08 $46.08
-12.89%
Tennis Court (1 Hour on Weekend)
$16.45 CA$23.26
$17.76 $17.76
-7.38%
Cinema Ticket
$8.91 CA$12.60
$6.34 $6.34
40.54%
🧸 Childcare & Education
Terrace
Quito
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$733 CA$1,037
$739 $739
-0.76%
International Primary School, 1 Child (Yearly)
$13.4K CA$18.9K
$8,909 $8,909
50.41%
👕👟 Clothing & Footwear
Terrace
Quito
Difference
Jeans (Levis 501 Or Similar)
$36.65 CA$51.8
$71.0 $71.0
-48.36%
Summer Dress (H&M, Zara, etc)
$30.29 CA$42.82
$50.4 $50.4
-39.95%
Sport Shoes (Adidas, Nike)
$79.8 CA$113
$114 $114
-30.11%
Men's Leather Business Shoes
$104 CA$147
$107 $107
-3.26%
🏠 Accommodation & Living
Terrace
Quito
Difference
1-bedroom Apartment, City Center (Monthly)
$992 CA$1,402
$491 $491
102.12%
1-bedroom Apartment, Outside City Center (Monthly)
$845 CA$1,194
$309 $309
173.55%
3-bedroom Apartment, City Center (Monthly)
$1,556 CA$2,200
$932 $932
66.92%
3-bedroom Apartment, Outside City Center (Monthly)
$1,325 CA$1,874
$540 $540
145.25%
Buy Apartment in City Center (m2)
$4,127 CA$5,835
$1,759 $1,759
134.63%
Buy Apartment Outside City Center (m2)
$3,426 CA$4,843
$715 $715
379.39%
💵 Salaries & Financials
Terrace
Quito
Difference
Average Monthly Net Salary (After Tax)
$3,096 CA$4,376
$594 $594
421.39%
20-Year Fixed Mortgage Interest Rate (Annual %)
5.05
10.12
-50.10%

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

Last update for Terrace: October 11, 2026

Last update for Quito: October 10, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Terrace
$845
Quito
$309 63.4% $536
Groceries & Markets
Terrace
$364
Quito
$198 45.5% $166
Eating Out
Terrace
$270
Quito
$151 43.9% $119
Monthly Utilities & Internet
Terrace
$191
Quito
$75 60.7% $116
Clothing & Footwear
Terrace
$113
Quito
$154 36.9% $42
Sport & Entertainment
Terrace
$58
Quito
$59 1.4% $0.8
Getting Around
Terrace
$48
Quito
$32 33.4% $16

Cost Breakdown

A central one-bedroom costs $992 in Terrace versus $491 in Quito. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 421% higher in Terrace, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $80.0 in Terrace versus $55.0 in Quito. Monthly groceries follow the same trend: $364 vs $198 – making Quito the more affordable choice for daily food spending.

Good to know
🇨🇦 Terrace
🇪🇨 Quito
🕒 Local time
08:55 8:55 AM
10:55 10:55 AM
2 h ahead of Terrace
🌤 Weather
👥 Population
19,443
2,671,191 Capital
Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

United States Dollar exchange rates as of October 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

On the map
Between locations
  • Terrace Quito 7,600 km ≈ 10 h nonstop flight
From you
  • Terrace
  • Quito

Distances are measured in a straight line. Your location is detected approximately.

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
Terrace vs Quito: Cost of Living - Frequently Asked Questions
Is Quito cheaper than Terrace?
Yes – Terrace is pricier by about 93%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $2,831 per month in Terrace and $1,467 in Quito. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Quito, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper public transport?
Public transport costs about 47% less in Quito. For daily commuters, that gap adds up to noticeable savings over a year.
Which city has cheaper kindergarten?
Kindergarten costs $733 per month in Terrace and $739 in Quito. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $1,500 a realistic budget for living in Terrace or in Quito?
A $1,500 monthly budget goes further in Quito, where all-in costs run around $978, than in Terrace at $1,887. In Quito it covers expenses comfortably, while in Terrace it requires careful planning or may not stretch far enough.
Is Terrace or Quito more family-friendly?
Families tend to lean toward Quito – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Quito. If higher salaries, better infrastructure, or specific career opportunities are the priority, Terrace makes more sense. Both are solid long-term options with distinct trade-offs.

Terrace vs other spots: cost of living compared

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