Skyline of Riobamba
Cost of Living: 85 180,000

Riobamba, Ecuador

The gateway to Chimborazo volcano, a highland city with stunning Andean views and indigenous markets.

Updated August 30, 2026

Overview

Riobamba is a city in H with a population of 180,000. The gateway to Chimborazo volcano, a highland city with stunning Andean views and indigenous markets. Housing costs are close to the national average. The overall cost of living is below the national average. Gardening thrives here — the 6a growing zone supports Cool to mild — apples, pears, berries, many vegetables. Reported crime rates are relatively high. The population skews young, with a median age of 28.0.

Last updated: August 30, 2026

Cost of Living 85

Below Average vs Ecuador Avg (100)

Housing Index 92

Affordable

Median Income $18,000

Household income

Unemployment 7.0%

Job market health

Riobamba vs Ecuador Average

Cost of Living
Riobamba: 85
Ecuador Avg: 100
Housing Index
Riobamba: 92
Ecuador Avg: 100
State Income Tax
Riobamba: 35%

Taxes

  • State Income Tax: 35.0%
  • Sales Tax: 12.0%

Economy & Jobs

  • Median Income: $18,000
  • Unemployment: 7.0%
  • Population: 180,000

Climate

  • Sunny Days: 170/year
  • Summer High: 68°F
  • Winter Low: 44°F
  • Farming Zone: USDA Zone 6a

Housing

  • Median Home: $80,000
  • 1BR Rent: $320/mo

Not sure this is the right city?

Take our 2-minute quiz to discover the best cities for your lifestyle and budget.

Take the Quiz

Cost of Living

Riobamba's cost of living index is 85 (Ecuador average = 100).

CategoryRiobambaNational AverageDifference
Overall85100-15.0%
Housing92100-8.0%

Data source: INEC / Numbeo, 2026

Housing Market

MetricValue
Median Home Price$80,000
Median Rent (1BR)$320/mo
Median Rent (2BR)$400/mo
Price per Sq Ft$53

Data source: Plusvalía / Numbeo, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Riobamba:

UtilityEstimated Monthly CostNotes
Electricity$30
Heating & Cooling$3Estimated based on local climate.
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water$15Includes sewer
Internet (100+ Mbps)$35Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total Utilities$83Monthly estimate (including heating & cooling)

Data sources: ARC, CNEL, CNT 2025

Remote Work Score

Riobamba scores —/100 for remote work readiness:

Cost of Living
85
Rent
$320
Sunny Days
170
Tax
35%
Unemployment
7.0%
Climate
68°F / 44°F
Safety
27.0 homicides/100k
Population
180,000
Internet Speed
40 Mbps

Climate

Riobamba has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January64°F44°F2.5"
April53°F59°F2.8"
July68°F43°F1.5"
October48°F62°F2.2"
USDA Zone 6a

Cool to mild — apples, pears, berries, many vegetables

Natural Hazards

Riobamba faces the following natural hazards:

Earthquake Extreme Risk

Located in a highly active seismic zone with frequent major earthquakes.

Volcano High Risk

Active volcanoes in the Andes, including Cotopaxi.

Tsunami High Risk

Pacific coast vulnerable to tsunamis.

Landslide High Risk

Andean region with frequent landslides.

Heat Wave High Risk

Extreme summer heat in lowlands.

Flood Moderate Risk

River and flash floods.

Avalanche Moderate Risk

Andean region with avalanches.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 35%
  • Sales Tax: 12%
  • Property Tax: ~0.3% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 7.0%.

Crime & Safety

Crime rates in Riobamba per 100,000 residents:

150.0
Violent Crime
500.0
Property Crime
27.0
Homicide

City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.

Data source: UN Office on Drugs and Crime

Schools & Education

Total Schools

Academic Schedule

School Hours 7:30 AM – 1:30 PM
Academic Year September to June
Term System Semester — Fall (Sep-Jan), Spring (Feb-Jun)
Summer Break June to September (12 weeks)
Winter Break December to January (2 weeks)
Spring Break Carnival in February/March (1 week)

Carnival is a national holiday break.

Demographics

The population of Riobamba is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Afro-Ecuadorian
7.2%
Indigenous
7.0%
Mestizo
71.9%
Montubio
7.4%
Other
0.4%
White
6.1%

Education

Bachelor's degree or higher
20.0%
High school graduate
25.0%
Less than high school
40.0%
Some college
15.0%

Religion

Christian (Catholic)
79.0%
Christian (Protestant/Evangelical)
13.0%
Other
2.0%
Unaffiliated
6.0%

City-level demographic data is not available for this location. The figures shown are national averages, which may differ from actual conditions in this city.

Data source: INEC Census (2010)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Riobamba, Ecuador?

The cost of living index in Riobamba is 85, which is Lower the Ecuador national average of 100.

How much does it cost to buy a home in Riobamba?

The median home price in Riobamba is $80,000. The housing index is 92.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Riobamba is approximately $320/mo.

Does Riobamba, H have income tax?

Riobamba is in H, which has an income tax rate of 35%.

What is the climate like in Riobamba?

Riobamba enjoys approximately 170 sunny days per year. Summer highs reach around 68°F, while winter lows can drop to around 44°F.

Data Sources

  • Cost of Living: INEC / Numbeo, 2026
  • Housing Data: Plusvalía / Numbeo, 2026
  • Income & Employment: INEC Labour Force Survey, 2024
  • Utilities ARC, CNEL, CNT 2025

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.