The conflicting reports Online would be almost amusing, if it wasn't for the fact that most Expats these days do their research Online, with cost of living expenses generally being one of, if not the most important criteria. I can't tell you how many sites/links I've seen with claims for cost of Living in Ecuador, where it's anywhere from 30% to 51% more cost effective to live in Ecuador, than is most other civilized well established places in the world (UK, Germany, FRance, Ireland, Netherlands, USA, etc.)
So my wife and I read about incredibly cheap rental prices in Ecuador ... but then find prices that fall right in line with other areas of the USA and Germany, just two of the places where we've lived. We read about the cost of Real Estate, only to find Realtor sites in Ecuador where propery prices range from what we would consider decent, to mind boggling outlandish rip-off prices by, presumably gringos, who have nothing better to do than to rip their own kind off. We read about how local Ecuadorians make a relatively meager wage with which they have to be able to live and raise their family, but then read about the cost of used vehicles which is 4 - 5 times higher than just about anywhere else in the world. We read about the "outrageously cheap price of food" which on many sites includes restaurant food, but then find Expat articles where people talk about excellent fine dining for less than $20 per person ... which is no different than where we live right now.
One thing is for sure and has to be correct. If Ecuadorians aren't making a lot of money while still being able to raise their familes, then the cost of living obviously has to be considerable more affordable to any single Expat who's making $1000 or more per month of guaranteed income, or any Expat Couple who's making at least $1300 per month on a retirement income ... most especially if they purchase their own property to live in.
So how come their are such massively conflicting stories? What's really going on? What does it cost to live in cities like Quito, Manta, or Cuence realistically & actually? It would be great if some of the Expats here in the forum could provide some 2017/2018 insights for realistic pricing. One thing that would interest us in particular, are rental and/or Real Estate prices for 3 Bedrooms/2Baths, including a fence with a yard that a dog can roam around in. Another tzhing that would interest us are actual car buying experiences for 2017/2018, by people who have purchased a used vehicle.
Thank you very much.