Some folks have asked about our monthly budget for living here in Ecuador. Below is the budget we used for several months when we first arrived. Like all budgets, it took some diligence to maintain but it worked!
For us, having high-speed Internet was important. Also, we weren’t ready to give-up television so Direct T.V. made the cut. We have subsequently expanded our budget but know that we can always return to this amount if circumstances require it. Remember, this is the budget for living on Ecuador’s coast. Rents are higher here than in the interior of the country and one can certainly spend less, even on the coast.
When we built this original budget, our target amount was $1500 per month. At the risk of feeling a bit vulnerable, here it is:
Cell Phones 40
Diane’s Hair 50
Direct TV 50
Electric and Gas 75
Internet (Fastest) 70
Mail Forwarding Svc 25
Medical and Meds 100
Public Transp 75
It is important to remember that a monthly budget does not include relocation expenses. Also, there were things we needed to purchase when we arrived that would not fit in our luggage and were not included in our furnished condo; household items and personal goods. You will need some extra money to tend to those items.
Again, our current budget is significantly different. We now own a car and have a housekeeper, a larger condo, etc. But this was our starting point and provided a good base of knowledge when we first arrived. I hope some folks find it useful.
Oh…I apologize for the wiggly column and offset numbers on the budget. It looks perfect before I publish it. Some sort of Internet, format thing that I can’t seem to resolve. 🙁