Cost of Living in Chile
Last updated on Oct 20, 2023
Summary: The cost of living in Chile is generally considered to be quite affordable. A nice one bedroom apartment in Chile can cost anywhere from $500 to $1,000 USD per month, while a nice two bedroom apartment can cost from $800 to $1,500 USD per month. The cost of dinner at a moderately priced restaurant in Chile is usually around $15 to $20 USD per person.
Is the cost of living in Chile high?
We asked people how much they someone comfortably live on in Chile, they wrote:
"The cost of living in Chile varies depending on the city and lifestyle. Generally, the cost of living in Chile is considered to be lower than in other countries in the region, such as Argentina and Brazil. Basic necessities such as food, transportation, and housing are generally affordable, while luxury items such as electronics and imported goods can be more expensive. Additionally, Chile has a relatively low rate of inflation, which helps to keep the cost of living relatively stable," said one person in Chile.

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Will I save money living in Chile?
"Living in Chile can be more affordable than living in the United States. The cost of living in Chile is generally lower than in the United States, with rent, groceries, and utilities being significantly cheaper. Additionally, wages in Chile are lower than in the United States, meaning that the same job may pay less in Chile than in the United States. This can make it easier to save money while living in Chile," wrote a person living in Chile.
What is the average cost of housing in Chile?
If you are thinking about moving to Chile, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Chile varies depending on the location and type of property. Generally, the cost of renting an apartment in a city center is higher than in the suburbs, while the cost of buying a house is higher in the suburbs than in the city center. On average, renting an apartment in a city center can cost around $500 to $1,000 per month, while buying a house in the suburbs can cost around $200,000 to $400,000," said one expat in Chile.
"Housing costs here are cheaper or about the same as the US. We're in a house that costs $1,000 USD right now and our rent was half that in Stockton, California. We get a lot more for the money, though, with spectacular views of the lake and volcanoes, a wonderful spacious house and the privacy of a half acre parcela," wrote a person living in Puerto Varas.
What are typical rental prices for expats in Chile?
"The rental price for a nice 1 bedroom apartment in Chile can vary depending on the location, but generally ranges from around $500 to $1,000 per month. For a nice 2 bedroom apartment, the rental price can range from around $800 to $1,500 per month," commented one expat who moved to Chile.
What appliances are typically included in a rental?
We asked foreigners in Chile what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Chile, rental properties typically include a refrigerator, stove, oven, and washing machine. Additionally, some properties may include a dishwasher, microwave, and other small appliances. Furniture may also be included in the rental, depending on the agreement between the landlord and tenant," remarked one expat in Chile.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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