On average, a professional working in Ecuador earns a salary of about 26,800 USD annually. Additionally, low-income earners receive about 300 USD monthly, with the high-level income earners take home about 9,870 USD monthly. This includes the basic salary and benefits such as food, transport, and housing allowance.
What is the average annual income in Ecuador?
Wages in Ecuador averaged 359.63 USD/Month from 2007 until 2020, reaching an all time high of 466.63 USD/Month in 2020 and a record low of 198.26 USD/Month in 2007.
What is the highest paying job in Ecuador?
Highest Paying Careers in Ecuador
- Surgeons / Doctors. Salary Range: from 2,330 USD to 8,050 USD. …
- Judges. Salary Range: from 1,960 USD to 6,760 USD. …
- Lawyers. Salary Range: from 1,580 USD to 5,480 USD. …
- Bank Managers. …
- Chief Executive Officers. …
- Chief Financial Officers. …
- Orthodontists. …
- College Professors.
What is the cost of living in Ecuador?
“How much does it cost to live in Ecuador?” That’s a question I hear a lot from readers. From masses of anecdotal evidence and my own experience of living here, I can safely say that a typical couple will most likely spend somewhere between $1,600 and $2,400 a month to live in Ecuador.
Is Ecuador a poor country?
Ecuador is a middle-income country with an economy highly dependent on oil and export agriculture. Almost one quarter of the population in Ecuador lives in poverty, most of them in rural areas. The rural poverty rate, at 43 per cent in 2018 , is almost triple the urban rate (15,9).
Is it easy to get a job in Ecuador?
Generally speaking, Ecuador is not the easiest country for an expat to find a job. … Foreigners are required to secure a non-immigrant work visa, but if you have already obtained a permanent resident visa, you are allowed to work in Ecuador and earn a salary.
Are things expensive in Ecuador?
Ecuador is not an expensive country, and eating there doesn’t cost a fortune. Most restaurants offer lunch deals between $1 and $3. To find them, just look for the signs indicating the word “Almuerzo”, it means a lunch menu. The menu generally includes soup, a main course of rice and chicken and fruit juice.
Is food cheap in Ecuador?
While meal prices in Ecuador can vary, the average cost of food in Ecuador is $15 per day. … Breakfast prices are usually a little cheaper than lunch or dinner. The price of food in sit-down restaurants in Ecuador is often higher than fast food prices or street food prices.
Does Ecuador have snow?
Snow rarely falls even at these high altitudes. The only glimpse of snow most Ecuadorians have ever had is of the snow capped peaks of 20,000+ feet (6,096m), which are covered in snow year round. Even as you go south through the Andes temperatures remain spring-like year round.