Cost of living in Bahia de Caraquez, Ecuador, your retirement dreams can come true without breaking the bank! Not only can you live comfortably, but you can also thrive! Imagine this: for less than $13,000 a year, a couple can enjoy a fantastic lifestyle surrounded by breathtaking views. Take advantage of the affordable cost of living. You can have the best of both worlds – a charming beachfront property and a cozy retreat in the majestic Andes Mountains. It’s an opportunity that would be out of reach on a similar budget in the U.S.
“How much does it cost to live in Bahia?” A frequently asked question by our customers.
In Bahia de Caraquez, Ecuador, you can access a big city’s amenities without the exorbitant costs typically associated with big-city living. With a budget of $1,000 per month, you can comfortably rent a two-bedroom apartment, enjoy the convenience of a weekly maid service, cover your car expenses, and indulge in dining out regularly. This affordable lifestyle allows you to experience the best of Bahia de Caraquez without straining your finances.
Moreover, the affordable cost of living in Ecuador opens up exciting opportunities for retirees to expand their horizons. With lower expenses, retirees can indulge in increased travel, pursue new hobbies, and, overall, enhance their quality of life. Ecuador truly has something for everyone, and the best part is that it comes at prices that are unheard of in North America and Europe. Embrace a life of adventure, exploration, and fulfillment without the financial burdens often accompanying retirement elsewhere. In Ecuador, you can make the most of your golden years and enjoy a vibrant lifestyle without compromising your budget.
Sample monthly budget for a couple living in Bahia
| Expense | U.S. $ |
| Housing (rental of a luxury three-bedroom, unfurnished apartment) | $350 |
| Utilities (including phone, water/electricity, internet, and DirecTV) | $130 |
| Maid (once a week) | $25 |
| Groceries (not including alcohol) | $300 |
| Maintenance and fuel for one car | $50 |
| Misc. (personal items, etc.) | $100 |
| Entertainment (two people dining out six times a month with drinks, dessert, and tips) | $120 |
| IESS (social security) healthcare | $80 |
| Monthly total: | $1,155 |
| Yearly total: | $13,860 |
Sample monthly budget for a single person living in Bahia
| Expense | U.S.$ |
| Housing (rental of a luxury two-bedroom, unfurnished apartment) | $300 |
| Utilities (including phone, water/electricity, internet and DirecTV) | $100 |
| Maid (once a week) | $25 |
| Groceries (not including alcohol) | $250 |
| Maintenance and fuel for one car (optional expense) | $40 |
| Misc. (personal items, etc.) | $100 |
| Entertainment (one person dining out six times a month with drinks, dessert, and tips) | $80 |
| IESS (social security) healthcare | $80 |
| Monthly total: | $975 |
| Yearly total: | $11,700 |
Cost of Living Bahia, you have to talk Healthcare
Let’s dive into health care in Ecuador. Retired expats are opting for the government health system, paying around $140/month (couple average). Private health plans for retirees cost approximately $250/month. Some expats pay $40-$60 monthly for catastrophic high-deductible insurance. Medications are affordable, like a month’s supply of a blood pressure drug for just $10, Antibiotics for $5-$10. And if you’re into fitness, expect to pay $20 to $25/person for a gym membership. Doctors’ visit costs around $40; you can walk in anytime, nothing like the States, where you must make an appointment months in advance. I recommend two doctors here in Bahia, and both are very capable of speaking English. I can also recommend an excellent dentist; cleaning is around $35; it will be the best cleaning you have ever had.
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A spreadsheet tracks the costs of 50-75 essential items like groceries, pharmacy drugs, rents, health care, electricity, internet plans, and cell phone plans. It provides a comprehensive overview of the cost of living, helping to manage expenses effectively.
