Cost of Living in Ibarra - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $427 (excluding rent), and $627 including rent.
Family of 3: Estimated monthly costs are $989 (excluding rent), and $1,280 including rent.
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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$2.92 $2.92
$2.53 $2.53
$9.12 $9.12
Three-Course Dinner for Two, Mid-Range
$24.57 $24.57
$19.65 $19.65
$61.9 $61.9
Fast Food Meal (McDonalds, etc)
$5.88 $5.88
$5.62 $5.62
$8.18 $8.18
Cappuccino
$2.2 $2.2
$1.52 $1.52
$4.86 $4.86
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.76 $0.76
$0.49 $0.49
$1.95 $1.95
Water (0.33 liter bottle)
$0.45 $0.45
$0.29 $0.29
$0.96 $0.96
Local Beer (0.5 liter draught)
$1.01 $1.01
$1.01 $1.01
$6.06 $6.06
Imported Beer (0.33 liter bottle)
$1.95 $1.95
$1.95 $1.95
$6.82 $6.82
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$0.95 $0.95
$0.83 $0.83
$1.44 $1.44
White Bread (500g)
$1.2 $1.2
$1.02 $1.02
$2.54 $2.54
Rice (white) (1kg)
$1.64 $1.64
$1.18 $1.18
$2.74 $2.74
Eggs
$1.42 $1.42
$1.18 $1.18
$3.54 $3.54
Local Cheese (1kg)
$2.9 $2.9
$2.05 $2.05
$20.52 $20.52
Chicken Fillets (1kg)
$3.08 $3.08
$2.05 $2.05
$14.37 $14.37
Beef Round Steak (1kg)
$6.13 $6.13
$2.55 $2.55
$12.26 $12.26
Apples (1kg)
$1.47 $1.47
$0.98 $0.98
$3.42 $3.42
Banana (1kg)
$0.63 $0.63
$0.51 $0.51
$3.07 $3.07
Oranges (1kg)
$1.08 $1.08
$1.03 $1.03
$5.13 $5.13
Tomato (1kg)
$0.73 $0.73
$0.48 $0.48
$2.13 $2.13
Potato (1kg)
$0.47 $0.47
$0.42 $0.42
$2.08 $2.08
Onion (1kg)
$1.02 $1.02
$0.81 $0.81
$1.42 $1.42
Lettuce (1 head)
$0.57 $0.57
$0.48 $0.48
$0.96 $0.96
Water (1.5 liter bottle)
$1.06 $1.06
$0.51 $0.51
$2.03 $2.03
Cigarettes 20 Pack (Marlboro, Camel)
$6.1 $6.1
$5.08 $5.08
$8.13 $8.13
Wine (Bottle)
$7.83 $7.83
$2.94 $2.94
$14.68 $14.68
Local Beer (0.5 liter bottle)
$1.52 $1.52
$1.01 $1.01
$2.54 $2.54
Imported Beer (0.33 liter bottle)
$1.46 $1.46
$1.46 $1.46
$3.89 $3.89
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$0.41 $0.41
$0.34 $0.34
$0.48 $0.48
Public Transport Monthly Pass (Regular Price)
$4.99 $4.99
-
Taxi Start (Normal Tariff)
$1.47 $1.47
$1.22 $1.22
$1.95 $1.95
Taxi (Normal Tariff) (1km)
$1.14 $1.14
$1.01 $1.01
$2.03 $2.03
Taxi 1hour Waiting (Normal Tariff)
$4.94 $4.94
$4.94 $4.94
$19.75 $19.75
Gasoline (1 liter)
$0.62 $0.62
$0.48 $0.48
$0.97 $0.97
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$20K $20K
$18K $18K
$21K $21K
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.6K $25.6K
$20.1K $20.1K
$30.1K $30.1K
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$34.94 $34.94
$23.52 $23.52
$81.2 $81.2
SIM Card Monthly Plan (Calls and 10GB+ Data)
$14.16 $14.16
$9.92 $9.92
$22.81 $22.81
Internet (50+ Mbps, Unlimited Data)
$29.5 $29.5
$25.38 $25.38
$40.61 $40.61
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$29.88 $29.88
$24.9 $24.9
$34.86 $34.86
Tennis Court (1 Hour on Weekend)
$15.06 $15.06
-
Cinema Ticket
$3.97 $3.97
$2.98 $2.98
$14.89 $14.89
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$89 $89
$89 $89
$346 $346
International Primary School, 1 Child (Yearly)
$8,628 $8,628
$4,997 $4,997
$9,994 $9,994
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$57.1 $57.1
$19.93 $19.93
$110 $110
Summer Dress (H&M, Zara, etc)
$31.99 $31.99
$19.69 $19.69
$59.1 $59.1
Sport Shoes (Adidas, Nike)
$68.9 $68.9
$59.1 $59.1
$118 $118
Men's Leather Business Shoes
$74 $74
$29.59 $29.59
$197 $197
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$183 $183
$99.9 $99.9
$300 $300
1-bedroom Apartment, Outside City Center (Monthly)
$162 $162
$78.6 $78.6
$246 $246
3-bedroom Apartment, City Center (Monthly)
$253 $253
$203 $203
$304 $304
3-bedroom Apartment, Outside City Center (Monthly)
$247 $247
$247 $247
$247 $247
Buy Apartment in City Center (m2)
$756 $756
$453 $453
$756 $756
Buy Apartment Outside City Center (m2)
$611 $611
$444 $444
$801 $801
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$556 $556
-
20-Year Fixed Mortgage Interest Rate (Annual %)
11.19
7
13
Citycost data is based on AI and user input – minor inaccuracies may occur.
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Cost of Living in Ibarra - Frequently Asked Questions
How does Ibarra compare in terms of overall affordability, and who tends to find it good value?
Ibarra sits in a comfortable middle ground: not as cheap as rural towns, but generally more affordable than major coastal cities or the capital. For travelers and long-term visitors who value a walkable center, a mild climate, and easy access to nature, value comes from modest apartments, affordable local meals, and reasonable transport costs. If you use public transit or ride a bike, your daily spend stays predictable. Cost of Living in Ibarra, Ecuador reflects a practical balance between comfort and cost, favoring practical choices over luxury. Tip: Plan a two-tier budget – essentials in the city center and occasional trips to nearby markets or nature spots.
What does daily life look like in Ibarra in terms of housing search, food options, transport, and coworking?
Finding a place in Ibarra starts with the historic center and expanding to quieter barrios with hillside views. You'll find older buildings with character and newer apartments near universities, often with good natural light and lower rents than big cities. For food, you have mercados and local eateries offering fresh produce, with a reliable coffee and snack culture around plazas. Transport is approachable: buses cover key routes, and biking is practical for short hops. For work, consider a few coworking spaces or café scenes that match your pace. Ibarra, Ecuador living cost will shift with the season and neighborhood choice, so budget for utility bills and occasional transit tweaks. Tip: start near a transit hub to maximize flexibility.
How can you budget and tailor your stay, considering seasonality, neighborhoods, and quality of life?
Quality of life in Ibarra comes from a compact city center, nearby nature, and a relaxed pace. To budget effectively, use a simple framework: differentiate essentials (rent, utilities, groceries) from discretionary spending (cafés, weekend trips). Neighborhood fit matters: the historic center offers charm and access to services; hillside areas add views but longer walks; safe, modernized parts near university zones tend to balance cost and convenience. Seasonality affects activities and transport: dry periods may bring more outdoor markets, wet periods more indoor coworking and shorter trips. Practice cost-conscious habits like cooking at home several nights a week, using public transit, and negotiating longer leases for steady rent. Tip: build a monthly checklist to track recurring expenses and adjust with local deals.
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