Question 1

How far does your money go in Eloy Alfaro compared with the US?

Accepted Answer

Based on the current PPP estimate, the same home-country income goes about 2.3x further in Eloy Alfaro. We are using the country-level cost index for Ecuador here because a defensible city-level aggregate index is not available yet.

Question 2

Is Eloy Alfaro cheaper or more expensive overall than New York City?

Accepted Answer

Overall living costs are about 69% cheaper than New York City for Eloy Alfaro. We are using the country-level cost index for Ecuador here because a defensible city-level aggregate index is not available yet.

Question 3

How does rent in Eloy Alfaro compare with New York City?

Accepted Answer

Rent are about 91% cheaper than New York City in Eloy Alfaro. We are using the country-level cost index for Ecuador here because a defensible city-level aggregate index is not available yet.

Question 4

How expensive are groceries and restaurants in Eloy Alfaro?

Accepted Answer

Groceries are about 66% cheaper than New York City and restaurant prices are about 73% cheaper than New York City. We are using the country-level cost index for Ecuador here because a defensible city-level aggregate index is not available yet.

Eloy Alfaro, Ecuador

Purchasing Power vs. United States

How Far Your Money Goes

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