This analysis of the average and minimum salary in Quito, Ecuador will give a thorough perspective of the country’s costs, ideal for travelers and visitors
Thinking about moving to sunny Ecuador? Check below the data for the average and minimum salary in Quito, Ecuador.
Quito, Ecuador. Photo by John Haxby
Quito is the capital city of Ecuador. It is also the highest capital in the world, at an elevation of 2.850 meters. Due to the action of the authorities, it also features the best preserved center in the Americas.
The financial background of the city you move on is relevant for your budget. If Quito is the destiny of your journey, the next paragraphs will help you have a brief look at its economy.
This post introduces the minimum and average wages of the city. The knowledge of these figures will help you have a brief look at the alternatives this city can offer to you, as well as its economic development.
Minimum Salary in Quito, Ecuador
According to ElUniverso, an Ecuadorian news portal, the minimum salary in Ecuador is 400 USD as of January 2021. This figure is above the average for Latin American countries.
Average Salary in Quito, Ecuador
Numbeo is an online resource that compares the cost of living worldwide. It reports that the average salary of Quito is roughly 630 USD. The source ranks it 85th among the highest average salaries worldwide.
Economic Outlook of Quito, Ecuador
Quito plays an important role on the economy of Ecuador. On one hand, it is the largest contributor to the national GDP. On the other hand, it provides low-cost products. Cheese, apples, potatoes, and lettuce are among the cheapest worldwide. Facilities, transport, and gasoline are also low-cost.
It is also an attractive option to settle down. An apartment with one bedroom in the suburbs costs roughly 280 USD monthly. This figure is moderately convenient for your budget. You can live a comfortable life in the outskirts and enjoy its landmarks. Some of the most visited are the Palacio de Carondelet and the Cathedral of Quito.
To sum up, Quito is as enjoyable as convenient, both for you and your budget.
Interesting Resources for Working and Living Abroad
Are you really considering to work and live abroad, temporarily or permanently? Below are some resources that might be useful for you around the web:
World Nomads: this company provides travel insurance in most countries around the world, and it might be a good option if you going for a long travel.
Jetradar: search for flights and compare prices with Jetradar.
Booking.com: Booking.com is the best choice for finding accommodation for your next trip, with a wide variety of choices for all types of travelers.
You may also want to check our website guides:
Train Travel Guide: in our railway travel guide, you will learn how to choose and ride the most scenic train routes around the world, always in the most comfortable way with optimal prices to enhance your travel experience.
Dating Guide: our dating guide will help you not only to find love but to understand the social customs of each country. It will also help you to avoid dating scams around the internet and find people really interested in honest relationships.
Work Abroad Guide: Learn how to find a job and employment requirements in different countries. From the initial job search, to bargaining salaries, this guide will help you to find job in most countries around the world. It also covers about remote work and TEFL jobs.