Transportation costs are significantly less in Ecuador, thanks in large part to subsidized energy prices. Many vehicles use diesel fuel, which costs 76% less in Ecuador than the world average ($.29 per Liter, which translates to $1.10 per gallon). Gas is also subsidized and is 55% less than average at $.58/Liter ($2.19/gallon).
Combining lower fuel costs with the average wage of around $800 per month means it's cheaper to use a taxi or city bus than to it is to own a car. Here in Cuenca, you can go virtually anywhere in the city for a $2 cab fare. Even better, taking the bus costs $.25, unless you are a senior citizen, in which case you only pay twelve and a half cents.
The great thing about Cuenca is that walking is also a convenient option. After taking a taxi from the bus terminal to the apartment we are renting, we have relied on walking to get us where we want to go.
Speaking of bus terminals, the cost to travel between cities in Ecuador is ridiculously inexpensive. We traveled from Guayaquil to Cuenca, a four hour scenic bus ride through the Andes mountains, for just $8.25 each.