Tres Cupolas |
Every week, I'll post a question from the second edition of the book 101 Questions Answered. After five years of living here, some of the questions are vastly different and others are amazingly the same, like Question #1.
Question
#1: Why retire in Cuenca and not
one of the other top retirement destinations in the world?
Answer:
Cuenca was not really our top retirement
destination; Italy was our first choice. But on $1,317 a month with my
husband’s pension from UPS, we knew that our quality of life wouldn’t be that
great. We had lived in Italy for six years in the 1980s. It was expensive back
then, and the health care system wasn’t anything to write home about.
When we looked at other countries in the running, like Panama, Mexico,
Malaysia, Costa Rica, Spain, Malta, Colombia, Portugal, Thailand, and Uruguay,
we realized they were too far, too hot, too cold, or too expensive. Cuenca kept
rising to the top and still remains in first place.
The things that drew us to Cuenca are the same things that keep us here:
*Cost of living. Although
items have gone up in price over the past five years, you can still find a
$1.50 almuerzo (but $2.50 is about average). The things that will cause you to
go bankrupt in the States aren’t even a possibility here, namely health care.
Utilities are ridiculously low—almost a joke—and there’s no need for heating or
air conditioning. Public transportation is great (a 25-cent bus ride or a $2.00
taxi fare will get you where you need to go). Fruits and vegetables are
inexpensive. All this allows us to live comfortably without the fear of a
medical crisis using up the rest of our hard-earned savings.
*Spring-like temperatures. As
mentioned, Cuenca enjoys a mild climate—there’s no need for air conditioning,
and heating costs are minimal. The only place I know in the U.S. that has
pleasant temperatures all year long is San Luis Obispo, California (hovering
around 68˚F to 70˚F). Cuenca enjoys what is called a subtropical highlands
climate, which basically means that lush green tropical plants flourish without
the heat and humidity of the coast. Because of Cuenca’s altitude—8,300 feet—and its proximity to
the Pacific Ocean and the Amazon, with the equator in the middle, the climate
remains relatively temperate with highs in the 70s and lows in the 50s. Yes, we
have rain and hail sometimes, but no snow or ice, and no oppressive heat or
humidity.
Parque Calderon where Humming Birds are Everywhere |
We have two “seasons”: dry (June through December) and rainy (January
through May). Our coldest month is August, and our warmest months are November,
December, and January. My least favorite month is April, which is called aguas
mil (a thousand waters), when we average 4.29 inches of rain during the month.
If you’re looking for tropical and hot, Cuenca will disappoint you!
*Affordable health care. This
has been the greatest part of living in Cuenca. As a cancer survivor, I’ve
experienced how devastating a medical crisis can be and how it can wipe out
your savings. We pay $145 per month for IESS, Ecuador’s medical Social Security
system, which covers everything (no co-pays). We also have our private doctors—out
of the system—with visits ranging from $25 to $40 and follow-up visits are
free.
Laboratory Clinic |
Dental care is highly affordable as well. A dental cleaning and x-rays
are $45, and fillings run about $35. My husband has had four root canals with
implants and crowns, and they’ve never cost more than $500. Cosmetic surgery is
also affordable. I can’t comment on the price tag as I haven’t gone under the
knife, but many of the doctors who practice here have received their training
in the States. Medical care is highly personal in Cuenca; you’re not just a
number. It’s normal for physicians to spend forty-five minutes to an hour with
you.
*Even more reasons. Another thing that keeps us here is Cuenca’s colonial charm. El
Centro (the historic center) occupies approximately 12 blocks by 20 blocks and
contains a variety of restaurants, Spanish colonial buildings, and adobe houses
alongside elegant hotels, cafes, and bakeries. I still marvel at the
cobblestone streets, terracotta rooftops, and colonial period architecture,
including the churches and cathedrals. From our condo, we enjoy a view of the
Cuenca skyline with the blue domes of the Cathedral of the Immaculate
Conception (New Cathedral)—absolutely breathtaking at sunrise or sunset. I
never tire of our city view and the Andes Mountains.
Cuenca is the cultural capital of Ecuador, so tourists from around the
world descend upon Cuenca every year. In addition, because of the many
Spanish-language schools, there are people who come just to study the language—usually
you’ll see them wearing flip-flops and shorts and carrying backpacks. Many
events like concerts and symphonies are free. And the restaurants continue to
grow in size and diversity. Outdoor cafes are also becoming more popular and
you can find them throughout the city. My favorite place is still Parque
Calderon—the center of the city—with the Nueva Catedral (New Cathedral) on one
side with its pink
marble columns and the Catedral
Vieja-Iglesia del Sagrario (Old Cathedral) on the other side (where the tour
buses line up).
As a UNESCO World Heritage Site, there’s always something going on and
buildings being preserved and transformed. But the diversity of the culture is
what makes living in Cuenca so interesting. Alongside the indigenous women with
their colorful velvet skirts, you’ll see conservatively dressed Cuencanos
wearing European-styled suits. The contrast is fascinating. The Spaniards ruled
Cuenca for 500 years, and we can thank them for the colonial period
architecture, which is so prevalent in the city.
Santo Domingo Iglesia |
Cuenca Symphony |
Lastly, the expat community is one of the largest and most well
established anywhere in the world. When we first arrived, there were only a
handful of expats. Today, we can’t walk around the block without seeing a Norte
Americano. When we moved into our condo building, we were the only Americans.
Now, we’re one of three in our building. With the expat population booming,
there are a variety of volunteer opportunities, support groups, art and
language groups, and two English-language magazines for expats.
Personally, we love the diversity—not only culturally—but in the land
with the Galapagos, the coastal regions, and the Amazon. We find our way to the
coast (four hours away) by bus at least three times a year, and the Galapagos
is only one and a half hours from Guayaquil by plane. We have yet to get to the
Amazon, but it’s on our bucket list. In five years, we’ve grown to love this
unique city and its people. And we have just as many Ecuadorian friends as we
do American, which we count as one of our greatest blessings. This means we
have finally integrated and have been accepted. We also volunteer and give back
as much as we can.
We live comfortably on $1,317 a month because we own our condo, so rent
is not a consideration. One of our greatest luxuries is not having a car; we
use public transportation, walk, or take a taxi. We also wanted to live
somewhere where plane tickets to fly back to the States weren’t outrageously
expensive. We fly to JFK on Avianca Airlines from Guayaquil (round trip) for
$500 per person, which is less expensive than flying East Coast to West Coast
in the States.
Independence Day Celebrations Nov. 3-5, 2015 |
Until next time...hasta luego,
Connie & Mark
8 comments:
Very informative post and lovely photos.
I had not really considered retiring outside the US but you make a lot of excellent points.
How old is the average retirement age?
retirement gifts for men
The average retirement age is about 65 years of age, but we're seeing a lot more younger couples retiring in their 40's and young families in their 30's who are continuing to work remotely from Ecuador. The landscape is changing!
Thank you for sharing. I found this post to be very informative and helpful.
Why not Mexico? Cuenca is outrageously expensive considering airfares, import taxes, etc. Nice article, though.
I was wondering, if its best to fly to quito then take a bus, or to fly all the way to cuenca. I noticed that flight was a tiny noisy plane which I dont like so much.
Also, shipping in stuff, even a car? with residency there is no import taxes but can you talk about the experience / customs / difficulties.
thanks! enjoying reading your blog on cuenca. I may be next over. It looks like I would need about 150,000 for a modest condo with a nice terrace, so early retirement for me might be off a year or two more as I increase my holdings.
Thanks so much for your comment!
As far as traveling to Cuenca, we normally fly into Guayaquil and take a bus or van as it's only 3-1/2 to 4 hours. From Quito, it takes 8-9 hours to Cuenca. In regards to shipping your things, you're allowed six months duty free after you get your residency. Shipping a car is cost prohibitive with all the taxes and duty; in fact, I don't know anyone who has shipped a car.
As far as buying a condo with a terrace, depending on the area, you can expect to pay anywhere from 85K to 150K for a 2-3 bedroom, 2 bath depending on the quality. Pre-building phase is the time to buy, but I'd suggest a smaller unit of condos as some of the bigger condo projects take three plus years to complete.
Hope this helps!
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