{"id":3421,"date":"2018-12-03T18:45:00","date_gmt":"2018-12-03T18:45:00","guid":{"rendered":"https:\/\/www.wanderbusecuador.com\/blog\/2018\/12\/03\/ecuador-prices-everything-you-need-to-know\/"},"modified":"2021-07-19T15:00:02","modified_gmt":"2021-07-19T20:00:02","slug":"ecuador-prices-everything-you-need-to-know","status":"publish","type":"post","link":"https:\/\/wanderbusecuador.com\/es\/ecuador-prices-everything-you-need-to-know\/","title":{"rendered":"Ecuador prices: Everything you need to know"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-546\" src=\"https:\/\/www.wanderbusecuador.com\/wp-content\/uploads\/2018\/04\/home-bg-quito-1.jpg\" alt=\"\" width=\"1100\" height=\"700\" \/><\/p>\n<p>Traveling on a budget will vary greatly between countries. If you\u2019re traveling to Ecuador, you\u2019ve struck gold, quite literally. As one of the top budget destinations in Latin America, you get a combination of incredible natural wonders, delicious food, and adrenaline-packed activities, all for a very reasonable price. In the following blog, we\u2019ll give you more information about Ecuador prices and provide tips on how to make the most of your money while visiting Ecuador.<\/p>\n<h2>Cash and Currency<\/h2>\n<p>You probably already know this, but Ecuador uses the dollar. Life just got easier.<\/p>\n<p>Forget about having to change money at the airport or having to do on-the-spot currency conversions. In Ecuador USD 1 = USD 1.<\/p>\n<p>So far, so good. BUT, Ecuador is notorious for its lack of small change. When you travel to Ecuador, don\u2019t bring bills any larger than $20. We\u2019re not exaggerating. Few business will take $50, let alone $100, even in the major cities. You\u2019re truly much better off coming with only $10s, $20s and a pocketful of quarters.<\/p>\n<p>ATMs around the country will accept all credit card types, but you may occasionally run into issues and might have to try at a few different banks. A few of the largest banks in Ecuador include:<\/p>\n<ul>\n<li>Banco del Pichincha<\/li>\n<li>Banco de Guayaquil<\/li>\n<li>Banco del Pac\u00edfico<\/li>\n<li>Banco Bolivariano<\/li>\n<li>Banco Internacional<\/li>\n<\/ul>\n<p>Try to avoid smaller ATMs at gas stations or pharmacies and instead get your cash from an ATM located at the bank itself.<\/p>\n<p>A note about carrying cash around: don\u2019t. Carry the minimum amount of cash around possible and avoid taking your credit card unless absolutely necessary. Pickpocketing is quite common here and losing your credit card would be a huge bummer during your trip!<\/p>\n<p>Regardless, it\u2019s cheap enough in Ecuador that you probably don\u2019t need to have more than $30 on you at all times.<\/p>\n<p><span style=\"font-weight: 400\">It can sometimes take aaaaaages to pay by credit card, due to slow or faulty internet connections \u2014 especially in more rural areas. If you want to leave quick and painlessly, pain in cash! <\/span><\/p>\n<h2><strong>Negotiating prices \/ haggling<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">As in many other Latin American countries, negotiating prices is acceptable depending on the setting. <\/span><\/p>\n<p><span style=\"font-weight: 400\">At street markets, artesanal markets and with street vendors, you can try to lower prices, especially if you\u2019re buying multiple objects. Before doing so, make sure you\u2019ve compared prices between different stalls, which will give you a better idea about whether or not you\u2019re being ripped off.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, be careful not to offend people! If an object is already being sold at a dollar, chances are you can\u2019t lower the price very much. And at fruit and vegetable markets, it\u2019s more common to ask for <\/span><i><span style=\"font-weight: 400\">la<\/span><\/i> <i><span style=\"font-weight: 400\">yapa<\/span><\/i><span style=\"font-weight: 400\"> (a couple of extra granadillas or apples) than haggle for a dollar or two. <\/span><span style=\"font-weight: 400\">How to ask for <\/span><i><span style=\"font-weight: 400\">la yapa: \u201cY la yapa?\u201d (smiling)<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400\">In stores, restaurants and other more formal establishments, haggling is not as common and sometimes downright unacceptable. Vendors will simply say no and if you insist, you might be told to leave.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Generally speaking, Ecuador has very cheap prices and haggling makes the most sense when you know how much objects should cost. <\/span><\/p>\n<h2><strong>Accommodation<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Accommodation is quite cheap in Ecuador, if you know where to look. <\/span><br \/>\n<span style=\"font-weight: 400\">In cities, dorms start as cheap as $6 and may cost up to $14 a night. Private rooms get a little bit pricier and hover around $20, more or less. <\/span><\/p>\n<p><span style=\"font-weight: 400\">There isn\u2019t often much of a difference between a hostel (\u201chostal\u201d in Spanish, sometimes also called \u201cpensi\u00f3n\u201d) and a hotel in Ecuador, the main difference being that hostels are geared more toward backpackers and a younger demographic, overall. That said, the price difference isn\u2019t very notable, unless you\u2019re considering a fancy hotel.<\/span><\/p>\n<p><span style=\"font-weight: 400\">You\u2019ll find a number of Airbnb options in and around the larger cities, and in the more popular destinations around the country. When you\u2019re looking for accommodation for your trip, always remember to check Airbnb since prices are often competitive with cheap hostel prices.<\/span><br \/>\n<span style=\"font-weight: 400\">Need some help choosing the best hostel? <a href=\"https:\/\/www.wanderbusecuador.com\/how-to-choose-hostel-ecuador\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read this blog with Ecuador-specific tips.<\/a><\/span><\/p>\n<h2><strong>Food <\/strong><\/h2>\n<p><span style=\"font-weight: 400\">As a traveler in Ecuador, if you don\u2019t take advantage of the cheap lunch spots that are widely available, you\u2019ll burn through your cash fairly quickly.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Ecuadorians will usually dine out for breakfast and lunch. In fact, it\u2019s so common that there are small restaurants on nearly every corner in the Old Town in Quito, for instance, and prices vary from $2 to $4. <\/span><\/p>\n<p><span style=\"font-weight: 400\">However, if you stray from the lunch menu and want to choose from the \u201cregular\u201d menu, or if you prefer to eat at a more tourist\/traveler oriented locale, prices will quickly increase and you might be looking at $6-$10 per meal.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Are you vegan or vegetarian? You\u2019ll find a list of budget vegan and vegetarian restaurants in our Quito on a budget guide.<\/span><br \/>\n<span style=\"font-weight: 400\">Since Ecuadorians usually eat their dinner at home, dinner is probably the most expensive meal. If eating out, expect to pay around $6-$14 per main course, oftentimes more at a higher-end restaurant, even up to $20 per dish.<\/span><\/p>\n<p><span style=\"font-weight: 400\">One way to save money is to cook your own dinners \u2014 that is, if you have access to a kitchen. Vegetables and legumes are extremely cheap and small neighborhood stores often sell the basics for a simple meal, such as onions, peppers, tomatoes, rice, pasta, potatoes, tuna etc.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For alcoholic beverages, stick to local brands like Pilsener and Club, which cost a little over $1 for 1 liter bottles. You can find these at nearly any little corner shop. If you prefer artesanal beers, there are a number of local brands, but these will cost you between $3 to $7. <\/span><br \/>\n<span style=\"font-weight: 400\">Imported liquor is very expensive here, but you get cheap <\/span><i><span style=\"font-weight: 400\">aguardiente or<\/span><\/i> <i><span style=\"font-weight: 400\">Zhumir<\/span><\/i><span style=\"font-weight: 400\"> vodka at the supermarket or liquor stores (and some small shops) around the city. Good luck with that hangover, though!<\/span><\/p>\n<h2><strong>Transportation <\/strong><\/h2>\n<p><b>Public transportation<\/b><span style=\"font-weight: 400\"> and bus travel in cities and between provinces is extremely cheap in Ecuador. For an hour of transit time, expect to pay around $1 or $2. The downside to using public transport is that schedules are rarely followed and you have to go to the bus terminal in person to purchase your tickets. Also, safety can be an issue.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For a safer and more convenient ravel experience, consider jumping on the <\/span><a href=\"https:\/\/www.wanderbusecuador.com\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Wanderbus<\/span><\/a><span style=\"font-weight: 400\">, which will take you to all of Ecuador\u2019s top destinations for very reasonable prices.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2892\" src=\"https:\/\/www.wanderbusecuador.com\/wp-content\/uploads\/2018\/07\/wabnderbus-vs-public.jpg\" alt=\"Wanderbus vs public buses\" width=\"1200\" height=\"700\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400\">When getting around Quito, the Ecovia, the Trole and the Metrobus are easy and cheap forms of transport, costing only $0.25 per ride. However, keep an eye on your belongings, especially when it\u2019s rush hour.<\/span><br \/>\n<b><\/b><\/p>\n<p><b>Taxis<\/b><span style=\"font-weight: 400\"> are also relatively cheap, though there\u2019s a greater chance of getting ripped off and security can also be an issue if you don\u2019t find a safe taxi. <\/span><a href=\"https:\/\/www.wanderbusecuador.com\/solo-female-travel-in-ecuador-is-it-safe\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Read more about safety tips here.<\/span><\/a><br \/>\n<span style=\"font-weight: 400\">By law, all taxis should turn on their <\/span><i><span style=\"font-weight: 400\">tax\u00edmetro<\/span><\/i><span style=\"font-weight: 400\">, or taxi meter. However, many taxi drivers will say it\u2019s out of service or simply don\u2019t turn them on. In that case, make sure you have already established a price before the taxi gets moving or simply get out and find another taxi.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Past 9:00 pm, most taxis won\u2019t turn on their <\/span><i><span style=\"font-weight: 400\">taximetro<\/span><\/i><span style=\"font-weight: 400\"> and will charge more. The later it gets, the more they\u2019ll charge! <\/span><b>A much safer and budget-friendly alternative is to download Uber of Cabify and order your rides through there since prices are fixed.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Regardless of the length of the journey, you must pay $1.40, which is the minimum fee.<\/span><\/p>\n<p><span style=\"font-weight: 400\">There are a few exceptions to the tax\u00edmetro rule, including the trip from Quito\u2019s international airport to the city, which should cost $25-$30 one way, regardless of the time of day. It should only cost more than $25 if you\u2019re going farther up north or south in the city. <\/span><\/p>\n<h3><span style=\"font-weight: 400\">For more tips about getting round Ecuador, read <\/span><a href=\"https:\/\/www.wanderbusecuador.com\/ecuador-by-bus-heres-all-you-need-to-know\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">this blog<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/h3>\n<p><b>International travel. <\/b><span style=\"font-weight: 400\">If you\u2019re planning to leave Ecuador by land, you\u2019ll find bus tickets to Per\u00fa and Colombia for around $40, possibly cheaper if you\u2019re going to Per\u00fa and are already in Guayaquil. <\/span><br \/>\n<b><\/b><\/p>\n<p><b>Air travel <\/b><span style=\"font-weight: 400\">within Ecuador on domestic flights is relatively cheap, depending on the season. Between major cities, a ticket might cost you around $70-80, round trip. Tickets to the Gal\u00e1pagos Islands are more expensive and may cost upwards of $200, round trip. As with air travel in other parts of the world, the further you book ahead, the better the price of the flight. <\/span><\/p>\n<h2><strong>Activities<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Not to sound like a broken record, but activities are cheap here too.<\/span><br \/>\n<span style=\"font-weight: 400\">Obviously, if you\u2019re intent on trying activities that require specialized equipment, like skydiving, paragliding, scuba diving etc, expect to pay more than usual.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In the cities, museums are often very cheap of free, and there are a number of other activities, such visits to the Botanical Garden, that won\u2019t surpass $4 per adult. Outside of town, other activities such as horseback riding, river rafting and ziplining will cost around $10-20 the hour.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Looking for cheap things to do in Quito? Check out our Quito on a budget guide. <\/span><\/p>\n<h2><strong>To wrap things up&#8230;<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Hopefully the above info on prices in Ecuador will help you budget for your journey! <\/span><br \/>\n<span style=\"font-weight: 400\">The key is to think, and act, like a local. To put budgets into a local context, the minimum wage in Ecuador is currently $380 per month, and many people don&#8217;t earn that minimum. So, with a local&#8217;s mindset and with the tips above, there&#8217;s no doubt you can live and travel very economically here.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Take public transportation, eat at regular restaurants for breakfast and lunch and haggle when you can. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Do you have specific questions about prices in Ecuador? We\u2019re happy to provide more information, just leave your question in the comments section below.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Happy wandering!<\/span><\/p>\n<p><a href=\"http:\/\/go.wanderbusecuador.com\/guide-to-ecuador\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1698 aligncenter\" src=\"https:\/\/www.wanderbusecuador.com\/wp-content\/uploads\/2018\/06\/freedownload-button.jpg\" alt=\"free-ecuador-guide\" width=\"700\" height=\"300\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Traveling on a budget will vary greatly between countries. If you\u2019re traveling to Ecuador, you\u2019ve struck gold, quite literally. As one of the top budget destinations in Latin America, you get a combination of incredible natural wonders, delicious food, and adrenaline-packed activities, all for a very reasonable price. In the following blog, we\u2019ll give you &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/wanderbusecuador.com\/es\/ecuador-prices-everything-you-need-to-know\/\"> <span class=\"screen-reader-text\">Ecuador prices: Everything you need to know<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":5,"featured_media":3570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[11],"tags":[],"class_list":["post-3421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecuador"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - 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