Cost of living and prices in Cotacachi, prices of food, rent, shopping, etc. 🇪🇨
Updated Jul 2023

Cotacachi is a beautiful city in Ecuador, South America with a population of 8238 people. It is nestled 2442 meters above sea level, boasting stunning views and a cooler climate.

This vibrant city operates on the America/Guayaquil time zone and is located at coordinates 0.30712 latitude and -78.26470 longitude. Home to a charming blend of indigenous and expat cultures, this affordable and peaceful town is the perfect place to call home.

If you are looking for an affordable place to retire or settle down, Cotacachi is an excellent option. The cost of living in this beautiful city is considerably lower than other parts of Ecuador, making it an attractive destination for those on a budget. From renting a cozy apartment to dining out in the charming restaurants or shopping in the local markets, you can enjoy a comfortable life without breaking the bank.

Aside from the cost of living, Cotacachi is a land of adventure. Whether you enjoy hiking in the Andes, exploring the local flora and fauna, or immersing yourself in the local culture, there is something for everyone. With its excellent climate and proximity to both the coast and the Amazon jungle, Cotacachi is ideal for those who enjoy an active lifestyle.

Cost of Living Estimate in Cotacachi

Total cost of living in Cotacachi for two person with average consumption for one month will be 515.56 USD, no rent price included. Click here to calculate cost-of-living estimate in Cotacachi

You can calculate cost of living in Cotacachi by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

If you're looking for a diverse array of dining options, Cotacachi won't disappoint. This charming town has everything from local street vendors selling traditional Ecuadorian fare to upscale restaurants with international menus. You can find anything from pizza to ceviche, and everything in between. The local markets are also a great place to try some authentic food, with vendors selling fresh fruits, vegetables, and meats. No matter what your budget is, you'll be able to find something delicious to eat in Cotacachi.

Cotacachi is known for its high-quality leather goods, and many of the restaurants in the area reflect this theme. Some eateries have leather furniture, while others use leather accents in their décor. You might find yourself dining in a restaurant with walls adorned with leather jackets, or tables made from recycled belts. Whether you're a fan of leather or not, these unique dining experiences are worth checking out. Some of the restaurants also have outdoor seating, allowing you to enjoy your meal while taking in the beautiful views of the surrounding Andes mountains.

Meal in Inexpensive Restaurant
3.50 $
Meal for 2 People, Mid-range Restaurant, Three-course
20.00 $
McMeal at McDonalds or Alternative Combo Meal
5.50 $
Domestic Beer, 0.5 liter Draught
2.25 $
Cappuccino
1.75 $
Coca-Cola, 0.33 liter Bottle
0.62 $
Imported Beer, 0.33 liter Bottle
3.38 $

Markets prices

The market prices in Cotacachi, Ecuador are incredibly affordable for both locals and tourists alike. The central market is the heart of the town and offers everything from fresh produce to handmade textiles. Walking through the market stalls, visitors can find a variety of fruits and vegetables that are all grown locally. Additionally, there are vendors selling freshly baked bread and pastries that are made on site. The market also offers a unique shopping experience for those looking for traditional Ecuadorian crafts, such as hand-woven carpets and pottery. The prices in Cotacachi's market make it easy to indulge in the local cuisine and take home some authentic souvenirs.

Cotacachi's market prices extend beyond the central market. Visitors can explore the town's many artisan markets that offer a wide variety of handmade goods, including jewelry, leather goods, and textiles. The prices in these markets are reasonable, allowing visitors to purchase high-quality items without breaking the bank. Further, the artisan markets provide a unique shopping experience where visitors can interact with the local artisans and learn more about the craft-making process. Cotacachi's market prices truly reflect the town's commitment to supporting local businesses and making their products accessible to all.

Imported Beer, 0.33 liter Bottle
3.00 $
Water, 0.33 liter Bottle
0.45 $
Milk, Regular,1 liter
1.00 $
Loaf of Fresh White Bread, 0.5 kg
0.94 $
White Rice, 1 kg
1.25 $
Eggs, 12 pack
1.20 $
Local Cheese, 1 kg
5.23 $
Chicken Breasts, Boneless and Skinless, 1 kg
4.50 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
9.25 $
Apples, 1 kg
1.50 $
Banana, 1 kg
0.50 $
Oranges, 1 kg
0.30 $
Tomato, 1 kg
1.00 $
Potato, 1 kg
0.50 $
Onion, 1 kg
0.75 $
Lettuce, 1 head
0.45 $
Water, 1.5 liter Bottle
1.50 $
Bottle of Wine, Mid-Range Price
8.75 $
Domestic Beer, 0.5 liter Bottle
1.32 $
Pack of Cigarettes
4.25 $

Transportation prices

When it comes to transportation in Cotacachi, there are several options available for travelers. One of the most popular ways to get around is by taxi. Taxis can be found throughout the town and are a convenient way to get from one place to another quickly. The prices for taxi rides can vary depending on the distance traveled and the time of day, but they are generally affordable. Another great option for transportation in Cotacachi is by bike. Many hotels and hostels offer bike rentals, and there are plenty of places to explore on two wheels. If you enjoy the outdoors and want to get some exercise while exploring the town and surrounding areas, renting a bike is a great choice.

If you're looking for a unique way to get around Cotacachi, consider taking a ride on a chiva. This is a traditional Ecuadorian bus that has been converted into a party vehicle. People often rent chivas to celebrate special events, such as birthdays or weddings, but they can also be used for sightseeing. Riding on a chiva is a fun way to experience the local culture and take in the sights and sounds of the town. For those who prefer a more relaxed and scenic mode of transportation, there are also horseback riding tours available. These tours offer an opportunity to explore the stunning countryside around Cotacachi while riding on a gentle horse. No matter what type of transportation you choose, there are plenty of options to suit your preferences and budget.

Taxi Start, Normal Tariff
1.50 $
Taxi, price for 1 km, Normal Tariff
1.93 $
Gasoline, 1 liter
0.44 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
29,500.00 $

Utilities Per Month prices

When it comes to utilities cost in Cotacachi, Ecuador, visitors would be pleasantly surprised to find that it is quite affordable. The cost of electricity, gas, and water in Cotacachi is generally lower than what most people are used to paying. This means that travelers on a budget can enjoy comfortable amenities without having to worry about breaking the bank. Additionally, while internet costs can vary depending on the provider, it is also relatively inexpensive overall.

Another interesting aspect of utilities cost in Cotacachi is the sustainable practices employed in the town. Residents often use alternative energy sources such as solar panels to power their homes. Recycling is also a common practice, with recycling centers available throughout the town. This eco-friendly approach to utilities not only helps keep costs down, but it also helps protect the natural beauty of the area. Visitors to Cotacachi can learn about these sustainable practices and even implement them in their own homes, making their stay not only affordable but environmentally conscious as well.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
78.33 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.20 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
53.67 $

Salaries And Financing prices

Salaries and financing in Cotacachi, Ecuador can be quite affordable for travelers. The cost of living in Cotacachi is relatively low compared to other cities in Ecuador, meaning travelers can stretch their budget further. The average salary for locals is also lower than in many other countries, so goods and services may be more affordable for visitors as well. This can make it an attractive destination for those seeking a budget-friendly getaway.

Cotacachi is also home to a variety of financing options for travelers. Many banks have branches in the city, making it easy to withdraw money or exchange currency. In addition, there are several ATMs located throughout the city. It’s important to note, however, that some businesses may only accept cash, so travelers should always have some cash on hand. Overall, financing and salaries in Cotacachi is something that visitors will likely appreciate for being convenient, trustworthy, and cost-efficient.

Cinema ticket, 1 Seat
5.50 $

Clothing And Shoes prices

Cotacachi, Ecuador is well known for its leather goods, including clothing, bags, and shoes. The prices for these items tend to be very reasonable compared to other parts of the world. Visitors can find everything from high-end designer shoes to simple and practical footwear for everyday use. One popular shopping destination is the leather market, which offers a wide variety of leather goods at affordable prices. Whether you're looking for a new pair of boots or a stylish leather jacket, Cotacachi has something for everyone.

In addition to the leather market, there are also many other places to buy clothing and shoes in Cotacachi. Visitors will find everything from traditional indigenous clothing to modern styles popular among locals and tourists alike. Many of the shops in Cotacachi are small and family-owned, making it a great place to support local businesses. Whether you're looking for traditional embroidered blouses or trendy handmade jewelry, Cotacachi is a great place to explore and discover unique and affordable fashion options.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
30.00 $
Pair of Leather Business Shoes
35.00 $