Many people are curious/concerned about the cost of living in Cuenca, and in Ecuador as a whole. Rightly so, as we all have our limits of what we can spend to live, no matter if those limits are relatively high, or relatively low.
Here are some sites I've found that offer information about cost of living. Some of them compare specific thngs (groceries, rent), and others just rank Ecuador in its relative expenses to other countries. I'd recommend looking at several, because it leads to a more well rounded picture of what costs may be.
expatfocus.com/expatriate-ecuador-currency-costs
classifieds1000.com/Ecuador/Retirement/Cuenca_Equador_Real_Cost_of_Living This one is a bit frustrating, because there is a lot of extraneous information, and it's not dated. But reply #14 lists, item by item, what the poster spent his first month living in Cuenca.
gringosabroad.com/cost-of-living-in-ecuador-haines-family-in-cuenca-fall-2010/. Another that's the costs for specific people. But it's a young family, renting a house, and dated in the fall of 2010, so recent. It's also quite specific, while offering ranges for comparison.
numbeo.com/cost-of-living/city_result.jsp?country=Ecuador&city=Cuenca
There is more, of course. These four are just a start, if you really want to do a lot of internet research. But the best way to find out is to get to Cuenca and see for yourself...our first trip will be next year!