Millionaire Librarian

Family makeup: Two near 40 year olds with a three year old toddler.

We moved to Ecuador around 6 months ago. We recently moved into a new house. This covers our day to day living. Larger one time expenses have been removed like purchasing beds and other large household goods.

Expenses:

Food and Many Household Goods 630

Rent 450

Transport 45

Preschool 265

Health 195

Apparel 160

Other 141.50

Alcohol 132

Restaurant 107

Utilities and Phone 92

Social Life 85

Culture 50

Gift 48.10

Beauty 10

Total:2410.60

There are other expenses that must be paid less frequently than once a month, such as medication, which can be quite expensive. I discovered that one of my medications, which costs around $20 for a three-month supply in the States, costs about $150 for three months here. If you are concerned about these unexpected costs, you can use local pharmacies to check the price of individual pills. Here is a pharmacy we found to be slightly cheaper than the others: 

https://www.farmaciassinai.com/

If you can’t find the exact medication you are looking for, check to see if it goes by a different name in Ecuador. Your favorite AI might be able to help you find the local names for your prescriptions.

I should note that I am planning for our future expenses to be around $2,500–$3,000. Aside from the furniture we purchased, I think we had an unusually lean month because we were tightening our belts in other areas to compensate for the additional spending.

Updated January Budget (Furniture expenses removed): $2,974.40