Cost of living and prices in Chile, prices of food, rent, shopping, etc 🇨🇱 Updated Jul 2023
Chile is a beautiful country in South America, surrounded by Argentina, Bolivia, and Peru. Covering an area of 756,950 square kilometres, it is home to a population of 16,746,491 people, with a population density of 22.12 people per square kilometre. The official language spoken in Chile is Spanish, and the currency used is the Chilean peso. With a booming GDP of $281,700,000,000 and a GDP per capita of $16821, Chile has one of the strongest economies in South America. The country is known for its natural wonders, culture, and delicious wine. Living in Chile can be affordable, with lower costs of living compared to other Western countries. However, costs can vary depending on the region you live in and your lifestyle. Chile's proximity to Argentina, Bolivia, and Peru also makes it an ideal location for those who want to explore more of South America. Visitors can enjoy the Andes mountains, explore the Atacama Desert, or take the ferry to the beautiful Chiloé Island. If you are looking for an adventure or a peaceful, quiet retreat, Chile is an excellent choice.
Cost of Living Estimate in Chile
You can calculate cost of living in Chile by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
Chile is well-known for its diverse cuisine influenced by its geography and native Indigenous communities. Travelers should definitely try traditional Chilean dishes such as empanadas (a traditional pastry filled with a variety of ingredients such as cheese, meat, or seafood), choripán (grilled sausage with bread), and pastel de choclo (corn pie). A visit to Chile would not be complete without trying the nation's most famous dish, the hearty and flavorful cazuela (stew). Additionally, Chile is home to many international restaurants and fusion cuisine, with many options available in Santiago, the country's capital. From Michelin-starred restaurants to street food vendors, those visiting Chile will have no shortage of mouth-watering options.
If you're looking for a unique and off-the-beaten-path dining experience in Chile, consider trying a traditional Curanto. This hearty meal is prepared by cooking meat, seafood, and vegetables in a hole in the ground covered with leaves. The result is a smoky, delicious feast with flavors that blend together perfectly. Curanto is a traditional dish of the Chilote archipelago in southern Chile, and one of the country's most unique culinary experiences. For those seeking a more adventurous dining experience, Chile also offers several options for sustainable and eco-friendly farm-to-table restaurants, where diners can enjoy fresh, local ingredients in a rustic and charming atmosphere.
Market prices in Chile can vary greatly depending on the region and the type of products you are looking for. Generally, prices for basic goods such as bread, milk, and vegetables are quite affordable. However, imported goods can be more expensive due to import taxes and fees. Additionally, prices for goods in tourist areas may be higher than in other parts of the country. It's important to do your research and shop around to find the best prices for the goods you need.
The cost of living in Chile is generally lower than in other Latin American countries such as Brazil and Argentina. However, prices may vary depending on the region. For example, Santiago, the capital city, tends to have higher prices than smaller towns or cities. Additionally, prices for services such as dining out or transportation can vary greatly depending on the area. Overall, Chile is a relatively affordable country to live in, but it's important to keep in mind that prices may vary greatly depending on where you are located.
Chile is a country with a diverse range of transportation options that make travel both easy and interesting. The country offers a well-connected network of buses and metros that make navigating the cities convenient and hassle-free. The city of Santiago has an extensive metro system that operates within the city and suburbs. It is clean, efficient, and affordable. Tourists can purchase a rechargeable bip which can be used for the metro system and buses across the country. The buses offer a way to explore the less urban regions of Chile. They have comfortable seats and are air-conditioned. There are also long-distance bus services that operate between cities. The buses frequently stop along the way, providing scope to explore the countryside.
Another popular way to travel around Chile is by bicycle. Chile has a vast network of bicycle trails and routes that traverse the country's diverse landscapes. Many tour companies offer guided cycling tours that enable tourists to explore the beautiful countryside and quaint towns. Cycling in Chile is an excellent way to explore the country's wine regions, and other scenic areas like the Lake District. Biking also offers a chance to soak in the local culture and way of life. It is crucial to note that Chile has a helmet law, and cyclists must wear a safety helmet while on the roads. Some cities like Santiago also have bike-sharing programs that allow tourists to rent a bike quickly to explore the city.
Utilities Per Month prices
Utilities cost in Chile can vary greatly depending on location and level of consumption. Electricity and gas tend to be more expensive in urban areas, while rural areas may rely more on wood or other alternative sources. Water is generally affordable, but it's important to be mindful of conservation efforts, as Chile is known for its limited water resources and occasional droughts.
If you're planning on staying in a hotel or renting an apartment in Chile, it's important to inquire about included utilities and any potential fees. Some places may charge extra for excessive energy use or water consumption. Additionally, it's worth noting that many homes and buildings in Chile use 220 volt electrical outlets, so bring along any necessary converters or adapters for your electronics. By being aware of these factors, you can better plan ahead for your trip and avoid any unexpected costs.
Sports And Leisure prices
Chile offers a wide range of sports and leisure activities for locals and tourists to enjoy. If you're a fan of outdoor adventures, then you'll be happy to know that Chile is home to some of the best hiking trails in the world. You can hike through Patagonia or explore the Atacama Desert. If you prefer water activities, then you can go kayaking or surfing along the Chilean coast. For those who like more traditional sports, football (soccer) is the most popular sport in Chile with many local teams to cheer on.
If you're looking for a more relaxed way to spend your time in Chile, then you can visit one of the country's many hot springs. Many of these hot springs are located in the Andes Mountains and offer stunning views of the surrounding landscape. You can also visit one of Chile's many vineyards and sample some of the country's delicious wines. If you prefer something more cultural, then you can attend a local festival or visit one of the country's many museums. Whatever your interests may be, there is something for everyone in Chile.
Salaries And Financing prices
Salaries and financing in Chile can vary greatly depending on one's profession and location. Generally, salaries in the capital city of Santiago tend to be higher than in more rural areas of the country. The cost of living can also vary depending on where you live, with housing and transportation costs being relatively high in urban areas. However, Chile has a relatively low cost of living compared to other countries in the region. The currency used in Chile is the Chilean peso, which can be easily exchanged at airports, banks, and hotels. ATMs are widely available, offering a convenient way to withdraw cash in local currency.
When it comes to financing, Chile has a well-developed financial sector with many options for banking, credit cards, and loans. Local banks offer a range of services, including online banking, mobile apps, and a variety of credit options. It's important to note that some services may require a local identification card, so it's always best to check with the bank in advance. Credit cards are widely accepted in Chile, especially in larger cities and tourist areas. While it's always a good idea to have cash on hand, credit cards are a convenient option for larger purchases and can also offer rewards or cashback programs. Overall, visitors to Chile can expect a relatively affordable and convenient experience when it comes to salaries and financing.
Childcare prices in Chile can be quite expensive, especially when it comes to schools and kindergartens. Many families struggle to afford the high fees, which can put a strain on their finances. However, it's important to note that the cost of childcare can vary greatly depending on the location, type of facility, and level of care provided. Some schools and kindergartens may offer more affordable options for families who are on a tight budget, while others may be more expensive but offer higher quality care and education.
In general, schools and kindergartens in Chile are highly regarded for their standard of education and care. Many parents are willing to pay a premium for the peace of mind that comes with knowing their child is receiving the best possible education and support. However, it's important to do your research before choosing a childcare facility, as the cost is not always an indicator of quality. Many schools and kindergartens offer subsidies or financial aid programs to help families who are struggling to pay for childcare. Ultimately, the most important thing is to find a facility that meets the needs of both the child and the family, regardless of the cost.
Clothing And Shoes prices
Chile is a great place to find affordable clothing and shoes. From casual wear to formal attire, there are plenty of options to choose from depending on your style and budget. In Santiago, the capital city, you'll find everything from independent boutiques to large shopping malls.
When it comes to shoes, Chile has a thriving leather industry. You can find high-quality leather shoes at a fraction of the cost you would pay elsewhere. Whether you're looking for boots, sandals, or dress shoes, there is no shortage of options to choose from. Popular shoe brands such as Adidas and Nike also have stores in Chile, making it a great destination for sneaker enthusiasts.
Rent Per Month prices
If you're planning to visit Chile and need to stay for a short period, there are plenty of options available to you. Short term rentals are common here and come in a variety of forms - from private apartments to fully furnished homes. If you want to experience the local lifestyle and generous hospitality, homestays are an excellent choice. They are typically run by friendly locals who offer a simple room with shared facilities such as a kitchen and bathroom. Short term apartment rentals are a popular option too - they are available for a few days or extended stays and offer more privacy and independence. Prices vary depending on location, type of accommodation, and facilities included.
Another option for short term stays in Chile is serviced apartments, which are also called apart-hotels. They are a perfect combination of a hotel and an apartment, offering all the amenities and services of a hotel room, with the added benefits of a fully equipped kitchen and living area. You can stay for a few days or several weeks, and it's ideal for those who want a comfortable and well-equipped place to stay. Most of these serviced apartments are located in the main cities of Chile, and prices vary depending on location and the level of luxury. Overall, there are plenty of short-term rental options to choose from in Chile to suit all budgets and preferences.
Buy Apartment prices
Real estate buying options in Chile are diverse and offer a range of choices to suit different budgets and needs. From rustic cabins in the mountains to luxurious beachfront properties, Chile has it all. Investors can choose between single-family homes, condominiums, and apartments. Additionally, Chilean law allows foreigners to buy and own property, so acquiring a second home or investment property in Chile is an accessible option.
Prices for real estate in Chile vary depending on location, size, and condition. The Chilean market offers a range of prices to fit different budgets and preferences. The most expensive properties are usually found in upscale neighborhoods in Santiago and coastal areas, while the most affordable options can be found in less populated areas. Many factors affect real estate prices, from the economy to local supply and demand, so it is essential to stay informed and work with a knowledgeable agent to find the right property at the right price.