I think I have an obsession with the local market. I have been there over 7 times. Specifically, there is a market in Quito called, “Mercado Artesenal” and I have become pretty accustomed to bargaining for decent prices. Although foreigners rarely get the same price as Ecuadorians, it is good to know a ballpark range for the items you want so that they do not charge you too much more. For instance, the other day I bought a pair of pants for $5, then walked by a few minutes later to hear a woman buying the same pair for $25.
Some examples of good prices for items:
· Earrings are $1 - $2. This is unless you buy the real silver earrings, which vary depending on the gem/stone used.
· Tie-dye pants: $6
· Hand-stitched purse: $8
· Bracelets vary depending on style. The cheapest are $1 all the way to $50
· Scarf: $2 - $8
· Coasters: $6-$10 depending on the style and material
· Shot glasses: $1.50
NOTE: Many prices depend on the style and size. Coasters might cost $6, but coasters made from leather will cost more.
Advice: Prices lower if you buy higher quantities. One shirt will cost $10, or you can get 2 for $16.
If you have any questions about the price of an item not mentioned, just ask!