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Question (En)
What is the cost of living in Ecuador?
Answer (En)
The cost of living in Ecuador varies by region and lifestyle. Cities like Quito and Guayaquil tend to be more expensive than rural areas. Generally, Ecuador is considered affordable compared to developed countries. Monthly expenses for a single person can range from $500 to $1,200, depending on factors such as housing, food, transportation, and entertainment. It’s worth noting that while living costs are low, average incomes are also modest, affecting residents’ purchasing power.
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