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

Riobamba, located in Ecuador, is a city filled with natural beauty and history. With an elevation of 2758 meters above sea level, it offers breathtaking views of the Andes Mountains and is surrounded by lush greenery.

Aside from its picturesque landscapes, Riobamba boasts a relatively low cost of living compared to major cities in Ecuador, making it an attractive option for those looking to live or retire in a more affordable location. Additionally, the city is known for its rich culture and traditions, such as its famous Carnival of Riobamba celebration, which features vibrant parades, music, and dancing. Visitors and residents alike can also enjoy exploring the city's historical landmarks, including the 18th-century Basilica del Sagrado Corazon de Jesus and the Museum of Indigenous Culture.

Overall, Riobamba is a hidden gem in Ecuador, offering a unique blend of natural beauty, cultural richness, and affordability.

Cost of Living Estimate in Riobamba

Total cost of living in Riobamba for two person with average consumption for one month will be 579.43 USD, no rent price included. Click here to calculate cost-of-living estimate in Riobamba

You can calculate cost of living in Riobamba 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 traditional Ecuadorian cuisine, look no further than Riobamba. There are plenty of restaurants that serve hearty plates of pork, chicken, and fish with sides of rice and beans. And for those seeking a vegetarian option, many restaurants also offer vegetable stews, salads, and grilled vegetables. If you're in the mood for something a little more international, Riobamba also has a few Italian and American restaurants that serve pizza and burgers. And no matter where you decide to eat, be sure to try a glass of the local drink, chicha, which is made from fermented corn and has a slightly sour taste.

For a unique dining experience, consider visiting Riobamba's food markets. Mercado La Merced is a great place to find fresh fruits, vegetables, and meats, as well as freshly prepared snacks and meals. And if you're feeling adventurous, try a plate of cuy, or guinea pig, which is a traditional dish in Ecuador. For a more upscale experience, head to La Cava del Monge, which offers fine dining and a wide selection of wines. And for a quick and satisfying meal, grab a empanada or two from one of the many street vendors throughout the city.

Meal in Inexpensive Restaurant
2.50 $
Meal for 2 People, Mid-range Restaurant, Three-course
25.00 $
Domestic Beer, 0.5 liter Draught
3.25 $
Imported Beer, 0.33 liter Bottle
4.50 $
Cappuccino
2.00 $
Coca-Cola, 0.33 liter Bottle
0.50 $

Markets prices

Riobamba, Ecuador is a city that prides itself on its traditional markets, where locals and tourists alike can find unique handmade crafts, textiles, and fresh produce. The market prices in Riobamba tend to be reasonable, with many vendors willing to negotiate prices. There are also many seasonal products that are grown locally, such as fruits and vegetables, which can be found at lower prices than in other regions.

One of the unique characteristics of the market prices in Riobamba is the opportunity for buyers to purchase organic and locally sourced products. The area's fertile soils and temperate climate provide ample opportunity for farmers to cultivate a variety of fresh produce. These farmers tend to sell their products directly to the public, which often results in lower prices compared to grocery stores. Moreover, many vendors in Riobamba also offer handmade and unique artisanal products that reflect the traditions and cultures of the surrounding indigenous communities.

Water, 0.33 liter Bottle
0.50 $
Milk, Regular,1 liter
1.00 $
Loaf of Fresh White Bread, 0.5 kg
1.50 $
White Rice, 1 kg
1.05 $
Eggs, 12 pack
1.28 $
Local Cheese, 1 kg
3.55 $
Chicken Breasts, Boneless and Skinless, 1 kg
2.00 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
6.00 $
Apples, 1 kg
1.50 $
Banana, 1 kg
1.50 $
Oranges, 1 kg
1.50 $
Tomato, 1 kg
0.80 $
Potato, 1 kg
0.80 $
Onion, 1 kg
1.00 $
Lettuce, 1 head
0.70 $
Water, 1.5 liter Bottle
0.50 $
Bottle of Wine, Mid-Range Price
6.00 $
Domestic Beer, 0.5 liter Bottle
1.00 $
Imported Beer, 0.33 liter Bottle
3.00 $

Transportation prices

Riobamba, Ecuador offers various transportation options to its visitors. Taking a train ride through the Andes mountains is one of the most unique and exciting modes of transportation in Riobamba. The train ride offers stunning views of the Andes mountains, passing through tunnels, valleys, and beautiful landscapes. This is a great option for those who want to enjoy the scenic beauty of the city while traveling. The train ride is also a great way to explore local markets and gain an insight into the culture of the community.

Another interesting transportation option in Riobamba is the bus tour. This is a great option for those who want to explore the city and its cultural heritage at their own pace. The bus tour offers visitors an opportunity to learn about the city's history, architecture, and cultural landmarks. The bus tour enables visitors to customize their experience by choosing their stops and places they want to visit within the city. This is a great way to explore the local culture and attractions, while avoiding the complexities of public transportation. Visitors can relax and enjoy their time in Riobamba without worrying about the hassle of navigating through the city on their own.

One-way Ticket, Local Transport
0.25 $
Taxi Start, Normal Tariff
1.25 $
Taxi, price for 1 km, Normal Tariff
1.38 $
Taxi, price for 1 hour Waiting, Normal Tariff
8.50 $
Gasoline, 1 liter
0.73 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
43,500.00 $

Utilities Per Month prices

Traveling to a new destination involves taking into account the cost of living in that place. When it comes to utilities and services in Riobamba, Ecuador, visitors can expect to find relatively inexpensive costs compared to other cities around the world. The electricity, gas, and water bills may vary according to the size and location of the accommodation, but overall, travelers can expect to experience affordable rates for these essential services. This can be good news for those traveling on a budget or looking to make the most of their money while exploring the city.

Another factor that may impact utility costs in Riobamba is the climate. With an elevation of around 9,000 feet above sea level, the city experiences cooler temperatures throughout the year, especially in the evenings and early mornings. While this can mean higher heating costs during certain seasons, it can also lead to lower air conditioning bills during the warmer months. Overall, visitors to Riobamba can expect to find a comfortable, cost-effective balance when it comes to their utility expenses while enjoying the beauty and culture of this Ecuadorian city.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
30.00 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.04 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
48.33 $

Salaries And Financing prices

If you're considering a trip to Riobamba, Ecuador, it may be helpful to know that the cost of living is relatively affordable compared to other areas of the country. Salary and financing may be of interest to those considering a longer stay or even relocation. While salaries in Riobamba may not be as high as in large cities, the cost of living is lower, which means your money can go further. Additionally, financing options are available for those looking to start a business or purchase property. Overall, Riobamba can be a financially sound choice for those looking for a change of scenery.

When it comes to salaries in Riobamba, it's important to note that they vary depending on the industry and position. However, it's worth noting that the cost of housing, food, and other expenses are lower than in larger cities, which means your salary can stretch further. Additionally, financing options are available for those looking to invest in the area or start a business. With a growing economy and a low cost of living, Riobamba may be an attractive destination for those looking to establish themselves financially.

Cinema ticket, 1 Seat
7.00 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
14.5 %

Childcare prices

Childcare prices in Riobamba, Ecuador can vary depending on the type of facility. Schools tend to have higher prices than Kindergartens, as they offer more advanced education and typically have a longer operating schedule. However, both options can be pricey for families on a budget. Despite this, many families in Riobamba utilize both schools and Kindergartens as a way to ensure their child receives quality care and education.

While prices may be a concern for families, it's important to consider the benefits that come with childcare facilities in Riobamba. Children who attend schools and Kindergartens have access to structured learning, opportunities for socialization, and experienced caretakers. Additionally, these facilities often provide meals and snacks, relieving some of the burden on parents who may not have time to prepare meals throughout the day. Overall, while childcare may be a considerable expense, it's an investment that can have a positive impact on a child's development and future success.

Private Preschool or Kindergarten, Monthly for 1 Child
170.00 $
International Primary School, Yearly for 1 Child
4,000.00 $

Clothing And Shoes prices

Riobamba, Ecuador is a great place for shopping for clothing and shoes. The prices are not only affordable but also reasonable. You can get different brands and designs at various shops and markets in the city. The variety includes a blend of traditional and modern styles and designs suitable for different occasions. So, whether you are looking for clothes that are perfect for casual or formal wear, you will find exactly what you are looking for in Riobamba. The city has something for everyone, so you are sure to find the perfect piece that matches your style and budget.

If you are looking for a shopping experience that is unique and vibrant, Riobamba is the place to be. The city has numerous markets where you can find the latest and trendy clothing and shoe styles. The markets offer a fantastic selection of locally made garments that showcase the skills and talent of the indigenous people. Besides the markets, there are also various malls and department stores that stock different types and styles of clothing and shoes. You will always find great deals and offers that will enable you to save some cash as you shop. When you visit Riobamba, prepare to be amazed by the wide variety of clothing and shoe stores, affordable prices, and the friendly and hospitable nature of the locals that make the shopping experience even more pleasant.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
51.00 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
18.33 $
Pair of Running Shoes, Mid-Range Price
62.50 $
Pair of Leather Business Shoes
57.50 $