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  • 00:00

    Ecuador is known for its natural beauty friendly people great medical facilities
    Ecuador is known for its natural beauty friendly people great medical facilities

  • 00:06

    and reasonable cost of living.
    and reasonable cost of living.

  • 00:09

    Nestled in the Andes Mountains, Cuenca with its
    Nestled in the Andes Mountains, Cuenca with its

  • 00:12

    charming colonial architecture and 70-degree year-round temperatures is
    charming colonial architecture and 70-degree year-round temperatures is

  • 00:17

    attracting people from all over the world to make their home here. An average
    attracting people from all over the world to make their home here. An average

  • 00:21

    budget for a short term resident, staying less than three months, renting a private
    budget for a short term resident, staying less than three months, renting a private

  • 00:25

    room in the city center, and eating out most meals is less than $1,200 per month.
    room in the city center, and eating out most meals is less than $1,200 per month.

  • 00:31

    Expats living long-term in Cuenca report living an upper-middle class lifestyle
    Expats living long-term in Cuenca report living an upper-middle class lifestyle

  • 00:36

    for around nine hundred and forty dollars a month per person.
    for around nine hundred and forty dollars a month per person.

  • 00:40

    Coming up, we'll hear from local residents about their cost of living in Cuenca Ecuador.
    Coming up, we'll hear from local residents about their cost of living in Cuenca Ecuador.

  • 00:55

    it's a lot less than it is in the States I'd say most people's budgets are
    it's a lot less than it is in the States I'd say most people's budgets are

  • 00:59

    anywhere from 15 to maybe $2,000 a month per couple, but there are a lot of people
    anywhere from 15 to maybe $2,000 a month per couple, but there are a lot of people

  • 01:07

    that live live on a lot less. You can find apartments for three, four hundred
    that live live on a lot less. You can find apartments for three, four hundred

  • 01:12

    dollars a month and you can pay as much as you know $1,200 a month.
    dollars a month and you can pay as much as you know $1,200 a month.

  • 01:17

    Same thing with houses.
    Same thing with houses.

  • 01:19

    buying a home in Ecuador is a fairly simple process.
    buying a home in Ecuador is a fairly simple process.

  • 01:22

    for as little as sixty-five thousand dollars you can find a two-bedroom condo near
    for as little as sixty-five thousand dollars you can find a two-bedroom condo near

  • 01:27

    shopping areas and a short cab ride from El Centro. One hundred and twenty
    shopping areas and a short cab ride from El Centro. One hundred and twenty

  • 01:31

    thousand dollars can buy a modern three-bedroom three-bath home with
    thousand dollars can buy a modern three-bedroom three-bath home with

  • 01:35

    high-end finishes. Our apartment is the central courtyard with a glass roof over
    high-end finishes. Our apartment is the central courtyard with a glass roof over

  • 01:39

    it which we're using as our living room and dining room, and then we have rooms
    it which we're using as our living room and dining room, and then we have rooms

  • 01:43

    off the sides. We have a really big kitchen and a salon that is my husband's
    off the sides. We have a really big kitchen and a salon that is my husband's

  • 01:48

    study in our TV room. We have a bedroom that has walk-in closet and a bathroom,
    study in our TV room. We have a bedroom that has walk-in closet and a bathroom,

  • 01:53

    and then another bedroom which is my craft room that also has a walk-in
    and then another bedroom which is my craft room that also has a walk-in

  • 01:57

    closet and a bathroom. And we have a third, they call them social bathrooms
    closet and a bathroom. And we have a third, they call them social bathrooms

  • 02:02

    here, it's just like a half bath in the United States. And then off that is a
    here, it's just like a half bath in the United States. And then off that is a

  • 02:06

    storage closet, a bodega for us. So that's our house and it's it's a pretty
    storage closet, a bodega for us. So that's our house and it's it's a pretty

  • 02:13

    cool house and and they did hand-painted finish work on the corbels. They reused
    cool house and and they did hand-painted finish work on the corbels. They reused

  • 02:18

    the original wood in the doors. They saved as much of the original structure
    the original wood in the doors. They saved as much of the original structure

  • 02:23

    as they could. They handmade wrought iron inserts for the transoms above the doors.
    as they could. They handmade wrought iron inserts for the transoms above the doors.

  • 02:28

    And for this we pay $450 a month, rent. This is our third year here, and it may
    And for this we pay $450 a month, rent. This is our third year here, and it may

  • 02:35

    go up another $50 or whatever, but when we first moved in it was $450, they said they
    go up another $50 or whatever, but when we first moved in it was $450, they said they

  • 02:40

    would raise it but they liked us so they just kept it the same rate. Our utilities
    would raise it but they liked us so they just kept it the same rate. Our utilities

  • 02:45

    here I pay $33 a month for Internet. Water is about five to eight dollars.
    here I pay $33 a month for Internet. Water is about five to eight dollars.

  • 02:52

    Electricity is about twenty five dollars, and then our internet, we have to have a
    Electricity is about twenty five dollars, and then our internet, we have to have a

  • 02:57

    phone line to connect and that's $3.
    phone line to connect and that's $3.

  • 03:02

    Our monthly budget here is about $1500 to $2,000 a month.
    Our monthly budget here is about $1500 to $2,000 a month.

  • 03:06

    Does a trendy location overlooking the river appeal to you?
    Does a trendy location overlooking the river appeal to you?

  • 03:10

    Well I have a studio and it's perfect for my needs I mean I don't really it's fully
    Well I have a studio and it's perfect for my needs I mean I don't really it's fully

  • 03:15

    furnished and I don't really need more than that so why, you know why would you
    furnished and I don't really need more than that so why, you know why would you

  • 03:19

    take something bigger than what you need. And I paid I'm paying
    take something bigger than what you need. And I paid I'm paying

  • 03:24

    $410 a month. That's probably more than, you could get
    $410 a month. That's probably more than, you could get

  • 03:28

    cheaper places actually this is just a really nice, just a really nice spot and
    cheaper places actually this is just a really nice, just a really nice spot and

  • 03:32

    I have a really great landlord so sort of it that's why I'm sticking with it.
    I have a really great landlord so sort of it that's why I'm sticking with it.

  • 03:36

    And of course the location.
    And of course the location.

  • 03:38

    and what's the cost of living in a trendy location if you're not watching your budget?
    and what's the cost of living in a trendy location if you're not watching your budget?

  • 03:42

    It's under $1,500 and that's that's me not trying to
    It's under $1,500 and that's that's me not trying to

  • 03:47

    save money it's because I'm a tech guy and I don't want to waste my time
    save money it's because I'm a tech guy and I don't want to waste my time

  • 03:50

    shopping for groceries. I just go to the supermarket instead of going to the
    shopping for groceries. I just go to the supermarket instead of going to the

  • 03:55

    local market. So I know I'm overpaying. Like if I paid attention I could probably get
    local market. So I know I'm overpaying. Like if I paid attention I could probably get

  • 04:01

    that down to $1,200 and that includes the $410 rent.
    that down to $1,200 and that includes the $410 rent.

  • 04:07

    And like I said I'm not really I'm not splurging but I'm not I'm not counting
    And like I said I'm not really I'm not splurging but I'm not I'm not counting

  • 04:14

    my pennies either. It's it's a lazy, it's a lazy budget let's put it that way.
    my pennies either. It's it's a lazy, it's a lazy budget let's put it that way.

  • 04:19

    for convenience I think a couple could probably stay for almost the same thing
    for convenience I think a couple could probably stay for almost the same thing

  • 04:23

    really, because the only thing that increases be maybe your food a little
    really, because the only thing that increases be maybe your food a little

  • 04:26

    bit and maybe you'd go obviously a little slightly larger apartment so
    bit and maybe you'd go obviously a little slightly larger apartment so

  • 04:31

    maybe pay a hundred dollars more.
    maybe pay a hundred dollars more.

  • 04:35

    Maybe a single-family home with a yard and a garden in a suburban neighborhood
    Maybe a single-family home with a yard and a garden in a suburban neighborhood

  • 04:39

    is more your style. Our house, is it's an older house but it's very Ecuadorian.
    is more your style. Our house, is it's an older house but it's very Ecuadorian.

  • 04:46

    It has three bedrooms and an office, and most houses or two-story. And it's just it's
    It has three bedrooms and an office, and most houses or two-story. And it's just it's

  • 04:54

    charming. The rent for our home is seven hundred. And we have a guard across the
    charming. The rent for our home is seven hundred. And we have a guard across the

  • 05:02

    street, Luis who is just absolutely precious. We pay him $50 a month to look
    street, Luis who is just absolutely precious. We pay him $50 a month to look

  • 05:08

    out for us. Our gas is propane and we buy our big tanks, you know
    out for us. Our gas is propane and we buy our big tanks, you know

  • 05:13

    in the states you get the little ones like this. Well here they they get this
    in the states you get the little ones like this. Well here they they get this

  • 05:17

    big and we go down to the mercado and they're a dollar and seventy four cents a tank.
    big and we go down to the mercado and they're a dollar and seventy four cents a tank.

  • 05:24

    And we go through maybe three three and a half tanks a month. Our electricity
    And we go through maybe three three and a half tanks a month. Our electricity

  • 05:32

    is maybe $60. Water is $8. Our utilities are just nothing. Our budget here runs, I
    is maybe $60. Water is $8. Our utilities are just nothing. Our budget here runs, I

  • 05:40

    would, I'm gonna throw out a guess here which is about I say about $2,000 a month,
    would, I'm gonna throw out a guess here which is about I say about $2,000 a month,

  • 05:45

    for both of us. And that's car, you know that's the house,
    for both of us. And that's car, you know that's the house,

  • 05:50

    you know utilities, insurance the whole, you know everything. You can find a
    you know utilities, insurance the whole, you know everything. You can find a

  • 05:55

    place for $200 a month if you want to and you can spend $2,000 a month on an
    place for $200 a month if you want to and you can spend $2,000 a month on an

  • 06:02

    apartment. It depends on what you want to do.
    apartment. It depends on what you want to do.

  • 06:05

    more information about living in Cuenca is available in the full length video,
    more information about living in Cuenca is available in the full length video,

  • 06:09

    LIVING AND RETIRING IN CUENCA ECUADOR,
    LIVING AND RETIRING IN CUENCA ECUADOR,

  • 06:12

    from LivingOverseas. TV
    from LivingOverseas. TV

  • 06:14

    Please remember to give us a like and subscribe.
    Please remember to give us a like and subscribe.

  • 06:17

    if you've enjoyed this video.
    if you've enjoyed this video.

All noun
facilities
/fəˈsilədē/

word

place, amenity, or piece of equipment

Cuenca, Ecuador - Cost of Living

77,835 views

Intro:

Ecuador is known for its natural beauty friendly people great medical facilities
and reasonable cost of living.. Nestled in the Andes Mountains, Cuenca with its. charming colonial architecture and 70-degree year-round temperatures is
attracting people from all over the world to make their home here. An average
budget for a short term resident, staying less than three months, renting a private
room in the city center, and eating out most meals is less than $1,200 per month.
Expats living long-term in Cuenca report living an upper-middle class lifestyle
for around nine hundred and forty dollars a month per person.
Coming up, we'll hear from local residents about their cost of living in Cuenca Ecuador.
it's a lot less than it is in the States I'd say most people's budgets are
anywhere from 15 to maybe $2,000 a month per couple, but there are a lot of people
that live live on a lot less. You can find apartments for three, four hundred
dollars a month and you can pay as much as you know $1,200 a month.
Same thing with houses.. buying a home in Ecuador is a fairly simple process.
for as little as sixty-five thousand dollars you can find a two-bedroom condo near
shopping areas and a short cab ride from El Centro. One hundred and twenty
thousand dollars can buy a modern three-bedroom three-bath home with
high-end finishes. Our apartment is the central courtyard with a glass roof over

Video Vocabulary

/ˈenēˌ(h)wer/

adverb other pronoun

To any extent or degree (often used with not). Use to indicate limits or variation. any place.

/əˈtrakt/

verb

To make something move closer using magnetic force.

/ˈdälər/

noun other

basic monetary unit of US, Canada, Australia, and certain countries in Pacific. Basic units of money equal to 100 cent.

/rent/

verb

To cut a piece of cloth by tearing it.

/ˈkiCH(ə)n/

noun

room where food is prepared.

/ˈärkəˌtek(t)SHər/

noun

art of designing buildings.

/ˈTHouz(ə)nd/

number

number equivalent to product of hundred and ten.

/ˈhəndrəd/

noun number

subdivision of county or shire. 100.

/ˈbəjət/

noun other verb

estimate of income and expenditure. Amounts of money planned to be spent on some things. To make a plan for how to spend your money.

/ˈSHäpiNG/

noun other verb

The act of going to stores to buy things. The activity of going to shops and buying things. To look for or buy goods or services.

/ˈnaCH(ə)rəl/

adjective adverb noun

Not made by humans; without human intervention. naturally. person having innate talent.

/ˈbedˌro͞om/

noun

room for sleeping in.

/ˈtemp(ə)rəCHər/

noun other

degree or intensity of heat present in substance or object. How hot or cold some things are e.g. the weather.

/ˈCHärmiNG/

adjective verb

very pleasant or attractive. To cause others to like you or do what you want.

/əˈnəT͟Hər/

adjective determiner pronoun

One more, but not this. used to refer to additional person or thing of same type as one. additional person or thing of same type.