Is the cost of living in Bahia de Caraquez high?

"The cost of living in Bahia de Caraquez is relatively low compared to other cities. Groceries are generally affordable, with basic items such as milk, eggs, and bread costing far less than in other parts of the world. Eating out in restaurants is also quite affordable and most cost between $5 and $10 per person. Utilities are inexpensive, with a typical monthly bill for a one-bedroom apartment being around $30. Transportation in the city is also quite cheap, with a taxi trip only costing about $3. Furthermore, apartments are quite affordable and can be found for as little as $200 a month for a one-bedroom," mentioned another expat when asked about moving to Bahia de Caraquez, Ecuador, Ecuador.