Cost of Living in Latacunga - Updated Prices & Insights

Name: Latacunga
Address: Latacunga, EC

Solo nomad: Estimated monthly costs are $524 (excluding rent), and $720 including rent.

Family of 3: Estimated monthly costs are $1,243 (excluding rent), and $1,555 including rent.

Meal at Budget Restaurant

$2.52 $2.52

$8.07 $8.07

Three-Course Dinner for Two, Mid-Range

$27.5 $27.5

$58.9 $58.9

Fast Food Meal (McDonalds, etc)

$8.16 $8.16

$7.65 $7.65

$10.21 $10.21

Cappuccino

$2.57 $2.57

$1.01 $1.01

$5.03 $5.03

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

$0.86 $0.86

$0.58 $0.58

$1.94 $1.94

Water (0.33 liter bottle)

$0.62 $0.62

$0.49 $0.49

$1.46 $1.46

Local Beer (0.5 liter draught)

$2.96 $2.96

$1.38 $1.38

$3.94 $3.94

Imported Beer (0.33 liter bottle)

$4.59 $4.59

$2.04 $2.04

$8.17 $8.17

Milk (1 liter)

$1.1 $1.1

$0.89 $0.89

$1.26 $1.26

White Bread (500g)

$1.75 $1.75

$1.11 $1.11

$2.68 $2.68

Rice (white) (1kg)

$1.01 $1.01

$2.22 $2.22

Eggs

$1.78 $1.78

$1.3 $1.3

$3.55 $3.55

Local Cheese (1kg)

$5.14 $5.14

$4.53 $4.53

$9.66 $9.66

Chicken Fillets (1kg)

$5.36 $5.36

$2.56 $2.56

$7.2 $7.2

Beef Round Steak (1kg)

$6.2 $6.2

$2.48 $2.48

$23.77 $23.77

Apples (1kg)

$2.13 $2.13

$1.02 $1.02

$3.07 $3.07

Banana (1kg)

$1.46 $1.46

$0.97 $0.97

$4.87 $4.87

Oranges (1kg)

$1.08 $1.08

$0.61 $0.61

$3.04 $3.04

Tomato (1kg)

$1.15 $1.15

$0.49 $0.49

$4.31 $4.31

Potato (1kg)

$0.98 $0.98

$0.49 $0.49

$2.94 $2.94

Onion (1kg)

$0.98 $0.98

$0.78 $0.78

$2.59 $2.59

Lettuce (1 head)

$0.49 $0.49

$0.29 $0.29

$1.08 $1.08

Water (1.5 liter bottle)

$0.98 $0.98

$0.79 $0.79

$1.48 $1.48

Cigarettes 20 Pack (Marlboro, Camel)

$6.15 $6.15

$5.28 $5.28

$8.21 $8.21

Wine (Bottle)

$10.09 $10.09

$5.55 $5.55

$15.14 $15.14

Local Beer (0.5 liter bottle)

$1.54 $1.54

$1.03 $1.03

$2.2 $2.2

Imported Beer (0.33 liter bottle)

$2.2 $2.2

$1.83 $1.83

$4.06 $4.06

One-way Ticket (Public Transport)

$0.34 $0.34

$0.43 $0.43

Taxi Start (Normal Tariff)

$1.46 $1.46

$2.92 $2.92

Taxi (Normal Tariff) (1km)

$1.47 $1.47

$1.43 $1.43

$1.97 $1.97

Taxi 1hour Waiting (Normal Tariff)

$9.94 $9.94

$7.95 $7.95

$14.91 $14.91

Gasoline (1 liter)

$0.63 $0.63

$0.61 $0.61

$0.73 $0.73

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

$24.8K $24.8K

$20.8K $20.8K

$24.8K $24.8K

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

$28.9K $28.9K

$27.6K $27.6K

$34.5K $34.5K

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

$111 $111

$61.1 $61.1

$147 $147

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

$13.82 $13.82

$12.12 $12.12

$19.18 $19.18

Internet (50+ Mbps, Unlimited Data)

$31.76 $31.76

$23.9 $23.9

$55.8 $55.8

Gym Membership (Monthly)

$28.25 $28.25

$23.54 $23.54

$32.96 $32.96

Cinema Ticket

$7.52 $7.52

$6.78 $6.78

$11.64 $11.64

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

$309 $309

$177 $177

$491 $491

International Primary School, 1 Child (Yearly)

$5,817 $5,817

$4,781 $4,781

$8,367 $8,367

Jeans (Levis 501 Or Similar)

$52.8 $52.8

$30.38 $30.38

$91.1 $91.1

Summer Dress (H&M, Zara, etc)

$42.88 $42.88

$29.71 $29.71

$59.4 $59.4

Sport Shoes (Adidas, Nike)

$103 $103

$49.72 $49.72

$149 $149

Men's Leather Business Shoes

$110 $110

$58.9 $58.9

$147 $147

1-bedroom Apartment, City Center (Monthly)

$118 $118

$590 $590

1-bedroom Apartment, Outside City Center (Monthly)

$81.3 $81.3

$437 $437

3-bedroom Apartment, City Center (Monthly)

$249 $249

$798 $798

3-bedroom Apartment, Outside City Center (Monthly)

$201 $201

$603 $603

Buy Apartment in City Center (m2)

$1,097 $1,097

$414 $414

$1,097 $1,097

Buy Apartment Outside City Center (m2)

$1,064 $1,064

$505 $505

$1,064 $1,064

20-Year Fixed Mortgage Interest Rate (Annual %)

9.35

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

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Cost of Living in Latacunga - Frequently Asked Questions

Cost of Living in Latacunga, Ecuador is generally approachable, especially for longer stays. You will find modest rent in central and residential zones, affordable produce at mercados, and casual eateries that offer hearty meals without a premium. Public transport remains reliable and inexpensive, while essential services are practical rather than flashy. This blend often appeals to travelers, expats, and digital nomads who want steady value without sacrificing access to nature, history, and daily conveniences. The vibe favors a pragmatic, community-oriented lifestyle with room to save by cooking at home and choosing local options over imported goods. Tip: Start with a neighborhood walk to test daily expenses and pick areas that balance convenience with value.

To find a place, start with a few neighborhoods that fit your rhythm – Centro Histórico for proximity to markets, or quieter outskirts for longer sleeps. Expect longer-term leases and straightforward contract checks, focusing on water, electricity reliability, and solid internet before signing. Food options include mercados with fresh produce, panaderías, and affordable, hearty lunches at local eateries. For transport, buses are convenient and taxis inexpensive; many nomads mix this with walks or bike rides. Co-working spaces exist in town and popular cafés with Wi-Fi; errands – from banking to clinics – are usually easy, even if some services run on local schedules. Latacunga, Ecuador living cost varies by area and lifestyle. Tip: Scout a couple of areas for a week and compare total monthly costs before committing.

Quality of life here blends outdoor access with a practical, easygoing pace. A simple budgeting framework helps: reserve housing as the anchor, then cover groceries and transport, and leave room for occasional experiences. Expect seasonality in crowds, market days, and weather – plan weekend trips to Cotopaxi or nearby valleys when conditions cooperate. For neighborhood fit, Centro Histórico offers convenience and services, while quieter residential belts provide more home space and slower mornings. Shop locally, cook where you can, and favor buses or bikes over taxis when feasible to stretch your budget and enjoy daily life. Tip: Track weekly spending across categories to spot savings opportunities.