A reader recently asked on Twitter: What does fuel cost in Ecuador?
A lot is said about cost of living in Ecuador. It is true that the cost of rent and food is less – but that can be harder to quantify. Gas is gas. What does it cost to fill your tank?
Fuel is a big part of the cost of vehicle ownership in Ecuador.
Recently the Federal Government removed the subsidy on jet fuel. This has increased national flight costs significantly – although they still aren’t very expensive.
As an oil producing nation, Ecuador offers huge benefits to its citizens by subsidizing gasoline and propane. Propane is almost free.
What Does Gas Cost in Ecuador?
Fuel is sold by the gallon and there are three options.
- Extra: $1.48
- Super: $2.19
- Diesel: $1.037
So we can fill our old truck for $20 and drive around 300 kilometers. We spend around $80 per month on fuel. In contrast, we used to spend around $250 per month in Canada, driving our new Honda Civic sedan. Of course, we used to drive more in Canada, but the contrast is still huge.
As I write this, I remember that my first car (’88 Honda Civic) could hardly hold $20 worth of gas. Of course, that was more than 15 years ago. Today, I can fill our V6 full size truck for $20. It only goes about half the distance, but the price is hard to beat.
It’s funny, but after almost three years we have become very accustomed to life here. We don’t compare fuel costs to Canada anymore. We compare fuel costs here. For example, we almost never purchase Super, although it is still just a fraction of the price of the cheap gas in Canada.
Because of the low cost of fuel, the government has a hard time controlling gas stations on the border with Peru and Colombia from selling fuel in bulk to people crossing in from those countries.
Recently, the President announced that he was taking control of these stations as they weren’t complying with Federal rules.
The Cheapest Fuel We’ve Ever Seen
While Ecuador has very inexpensive gasoline, it isn’t the cheapest that we’ve seen.
When we were in Venezuela a few years ago, we filled our rental car for USD$0.90 – after driving it for 4 days all over Margarita Island. The price is approx USD$0.09 / gallon (yes that nine cents per gallon).
What’s the cheapest gas you’ve seen?