Cost of living and prices in Punta Arenas, prices of food, rent, shopping, etc. 🇨🇱
Updated Jul 2023

Punta Arenas is a city in southern Chile, and it is a popular place to live due to its unique history and stunning natural scenery. Located at an elevation of just 30 meters above sea level, Punta Arenas is situated on the Strait of Magellan and is surrounded by the mountains of Tierra del Fuego. For those seeking a high quality of life, Punta Arenas offers a vibrant culture, excellent food, and plenty of outdoor activities to enjoy.

If you're thinking of moving to Punta Arenas, you'll want to take into account the city's cost of living. While Punta Arenas is generally affordable, certain expenses such as imported goods can be pricier due to the city's remote location. However, the city offers a lower cost of living compared to other major urban centers in Chile and elsewhere in South America. Residents enjoy a high standard of living and a friendly, welcoming community.

Overall, if you're looking for a beautiful, welcoming place to live with a rich culture and plenty of opportunities for outdoor adventure, Punta Arenas could be the perfect destination for you.

Cost of Living Estimate in Punta Arenas

Total cost of living in Punta Arenas for two person with average consumption for one month will be 581.84 USD, no rent price included. Click here to calculate cost-of-living estimate in Punta Arenas

You can calculate cost of living in Punta Arenas by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Travelers in Punta Arenas, Chile can expect to find a wide array of dining options ranging from rustic local eateries to more upscale restaurants serving international cuisine. Seafood lovers will be in heaven as the city is located on the Strait of Magellan, offering an abundance of fresh shellfish and fish. In addition to traditional Chilean cuisine, visitors can explore other culinary options such as Italian, Japanese, and even Patagonian fusion. Many restaurants also have a selection of Chilean wines to pair with meals. No matter what your culinary preferences are, you're sure to find a memorable dining experience in Punta Arenas.

Punta Arenas is also known for its food markets, where visitors can experience the local produce and specialty foods. The Municipal Market is a gem where you can find vendors selling everything from fresh fruits and vegetables to artisanal cheeses. It's a great spot to grab some picnic supplies before embarking on a day trip or visiting the nearby parks. For those who want to experience traditional Patagonian cuisine, Mercado Tres Puentes is a must-visit. Vendors offer local delicacies such as roasted lamb, grilled beef, and Magellanic squid. Eating in Punta Arenas is an exciting and diverse experience, with options for all types of foodies.

Meal in Inexpensive Restaurant
4.76 $
Meal for 2 People, Mid-range Restaurant, Three-course
27.20 $
McMeal at McDonalds or Alternative Combo Meal
4.76 $
Domestic Beer, 0.5 liter Draught
4.08 $
Imported Beer, 0.33 liter Bottle
1.90 $
Cappuccino
2.72 $
Coca-Cola, 0.33 liter Bottle
1.22 $

Markets prices

Punta Arenas, Chile is home to a bustling market with a variety of goods available for purchase. Here, visitors will find fresh produce, handmade crafts, and a variety of meats and seafood. The market is a popular destination for both locals and tourists alike, and prices can vary depending on the season and the vendor.

While some items may be more expensive than others, visitors to the market will find that the prices are generally reasonable and reflect the local economy. Bargaining is common in many markets throughout South America, and while it may not always be successful in Punta Arenas, it is worth a try. Overall, visitors to the market in Punta Arenas are sure to find something that catches their eye and fits within their budget.

Water, 0.33 liter Bottle
0.82 $
Milk, Regular,1 liter
1.63 $
Loaf of Fresh White Bread, 0.5 kg
0.95 $
White Rice, 1 kg
1.22 $
Eggs, 12 pack
3.92 $
Local Cheese, 1 kg
7.48 $
Chicken Breasts, Boneless and Skinless, 1 kg
8.16 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
5.44 $
Apples, 1 kg
1.63 $
Banana, 1 kg
2.04 $
Oranges, 1 kg
2.04 $
Tomato, 1 kg
3.13 $
Potato, 1 kg
1.09 $
Onion, 1 kg
0.82 $
Lettuce, 1 head
0.54 $
Water, 1.5 liter Bottle
2.04 $
Bottle of Wine, Mid-Range Price
6.80 $
Domestic Beer, 0.5 liter Bottle
0.95 $
Imported Beer, 0.33 liter Bottle
1.36 $
Pack of Cigarettes
4.76 $

Transportation prices

When it comes to transportation options in Punta Arenas, there are a few things to keep in mind. The city itself is quite compact, so walking is a great choice for shorter distances. This not only saves money, but also allows visitors to take in the sights and sounds of the charming Patagonian city. For longer distances, taxis are readily available and relatively affordable. It's always a good idea to negotiate the price with the driver before getting in and make sure you agree on a price beforehand. Additionally, there are buses and coaches available for those looking to venture out of the city and explore the surrounding areas.

Another unique transportation option in Punta Arenas is the use of "colectivos," which are shared taxis that can be flagged down on the street and are a cheaper alternative to private taxis. They have set routes and can be a fun way to experience local culture while getting around. For those looking for a more adventurous mode of transportation, renting a car or motorcycle can be a great option. This allows for more freedom and flexibility in exploring the stunning natural beauty of the region at your own pace. However, it's important to note that the roads in Patagonia can be challenging, so it's recommended to have some experience with driving in difficult conditions before attempting to tackle them on your own.

One-way Ticket, Local Transport
0.54 $
Taxi, price for 1 km, Normal Tariff
2.72 $
Taxi, price for 1 hour Waiting, Normal Tariff
13.60 $
Gasoline, 1 liter
1.33 $