Family of four estimated monthly costs: $2,276; Single person estimated monthly costs: $971; Cost of living in Ecuador is cheaper than in 53% of countries in Latin America (8 out of 15) Cost of living in Ecuador is cheaper than in 72% of countries in the World (53 out of 74) In April of 2016, a really nasty earthquake hit the Esmeraldas province which left around 26,000 in shelters, 6,000 people severely injured and 676 dead. As far as living goes, most expats tend to live in Quito, which is really nice because it boasts a temperate climate all year long (65 degrees-ish) so it's not to hot or too … National Security The Five Worst Things About Ecuador President Rafael Correa tops list. Bad things can happen … From personal finance, quality of life, cost of living, and a number of other reasons, Ecuador has been consistently given the highest rating, rising above even other longtime favorite destinations in the Latin Tropics. Discover Other Special Things About Ecuador A "Moving to Ecuador Pros and Cons List" is a must before hopping on the next flight south. 7 on its 2019 list. Topics covered include where to live, the bureaucracy, the people and more. The pros are extolled everywhere online almost daily, but sometimes we don't hear enough about the cons. Expat Exchange: Expats in Ecuador: Pros and Cons of Living in Ecuador Expats in Ecuador share some of the pros and cons of living in Ecuador. 4 country for the past two years and Live and Invest Overseas ranked Cuenca, Ecuador No. Really, living in Ecuador in terms of earthquakes is similar to lots of other places, such as Japan and San Francisco. They also publish cookbooks and Ecuador living guides for other expats so you should definitely get into contact with them and visit their library. Ecuadorian President Rafael Correa / AP Daniel Wiser-January 13, 2014 2:40 PM Things I Love About Quito Ecuador. These are the things that I loved about living and working remotely in Quito. 2016 Earthquake in Ecuador. 5) When you arrive at the airport in Ecuador (either in Guayaquil Airport or Quito Airport), it is ABSOLUTELY BEST to already have your transfer from the airport to your final destination – hotel or apartment/house – before you fly to Ecuador (e.g., Guayaquil is a lovely and beautifully scenic 3 hour car ride to Cuenca through the … Keep in mind that I'm trying my best to write this from the perspective of a digital nomad and not someone vacationing in Ecuador. International Living named Ecuador its No. The prices in Ecuador might be rising, especially for expats, but they are still quite competitive when compared to other regions of the world. That was a bad one. 2. I've already written about some of the reasons people move to Ecuador , but there is no perfect place anywhere. You will need to expect to pay a little more than locals do for goods or services at first. 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