Cost of Living in Santiago

Summary about cost of living in Santiago, Chile:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 8,617.15 CL$ 5,000.00-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 40,000.00 CL$ 30,000.00-60,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 6,900.00 CL$ 5,500.00-8,000.00
Domestic Beer (1 pint draught) 3,100.00 CL$ 2,000.00-5,000.00
Imported Beer (12 oz small bottle) 4,000.00 CL$ 3,000.00-6,000.00
Cappuccino (regular) 2,534.60 CL$ 1,200.00-3,800.00
Coke/Pepsi (12 oz small bottle) 1,167.03 CL$ 800.00-2,000.00
Water (12 oz small bottle) 966.65 CL$ 700.00-1,500.00
Markets
Edit
Milk (regular), (1 gallon) 3,876.27 CL$ 3,331.16-4,542.50
Loaf of Fresh White Bread (1 lb) 1,243.92 CL$ 680.39-2,086.53
Rice (white), (1 lb) 624.07 CL$ 453.59-907.19
Eggs (regular) (12) 2,682.41 CL$ 1,800.00-3,780.00
Local Cheese (1 lb) 4,475.01 CL$ 2,717.02-6,350.30
Chicken Fillets (1 lb) 2,728.40 CL$ 1,814.37-3,628.74
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5,178.19 CL$ 3,624.21-8,164.67
Apples (1 lb) 749.76 CL$ 362.87-1,220.16
Banana (1 lb) 680.73 CL$ 453.59-907.19
Oranges (1 lb) 682.22 CL$ 408.23-1,147.59
Tomato (1 lb) 760.01 CL$ 453.59-907.19
Potato (1 lb) 542.68 CL$ 226.80-680.39
Onion (1 lb) 526.31 CL$ 362.87-766.57
Lettuce (1 head) 990.00 CL$ 600.00-1,300.00
Water (1.5 liter bottle) 984.62 CL$ 700.00-1,600.00
Bottle of Wine (Mid-Range) 5,000.00 CL$ 3,500.00-7,000.00
Domestic Beer (0.5 liter bottle) 1,246.53 CL$ 790.00-2,000.00
Imported Beer (12 oz small bottle) 1,940.86 CL$ 1,000.00-3,000.00
Cigarettes 20 Pack (Marlboro) 4,500.00 CL$ 4,000.00-5,200.00
Transportation
Edit
One-way Ticket (Local Transport) 800.00 CL$ 730.00-900.00
Monthly Pass (Regular Price) 40,000.00 CL$ 30,000.00-50,000.00
Taxi Start (Normal Tariff) 350.00 CL$ 300.00-650.00
Taxi 1 mile (Normal Tariff) 1,609.34 CL$ 965.61-3,218.69
Taxi 1hour Waiting (Normal Tariff) 8,550.00 CL$ 7,000.00-15,000.00
Gasoline (1 gallon) 4,992.43 CL$ 4,353.22-5,337.43
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 14,000,000.00 CL$ 10,190,000.00-17,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 16,606,551.72 CL$ 15,000,000.00-19,000,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 129,147.52 CL$ 80,000.00-231,818.18
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 69.41 CL$ 30.00-100.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 21,408.18 CL$ 15,000.00-30,000.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 32,402.44 CL$ 17,900.00-60,000.00
Tennis Court Rent (1 Hour on Weekend) 13,826.09 CL$ 10,000.00-20,000.00
Cinema, International Release, 1 Seat 6,100.00 CL$ 5,000.00-8,500.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 353,800.00 CL$ 250,000.00-500,000.00
International Primary School, Yearly for 1 Child 5,415,200.00 CL$ 4,000,000.00-8,000,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 46,341.05 CL$ 20,000.00-60,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 25,812.89 CL$ 15,000.00-40,000.00
1 Pair of Nike Running Shoes (Mid-Range) 60,102.11 CL$ 35,000.00-89,000.00
1 Pair of Men Leather Business Shoes 66,317.42 CL$ 40,000.00-100,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 426,276.60 CL$ 350,000.00-600,000.00
Apartment (1 bedroom) Outside of Centre 397,857.14 CL$ 300,000.00-600,000.00
Apartment (3 bedrooms) in City Centre 795,653.85 CL$ 600,000.00-1,200,000.00
Apartment (3 bedrooms) Outside of Centre 733,333.33 CL$ 500,000.00-1,200,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 212,506.18 CL$ 143,069.49-353,028.61
Price per Square Feet to Buy Apartment Outside of Centre 198,081.57 CL$ 111,482.72-343,738.39
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 562,857.37 CL$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.26 4.00-7.50

Prices in Santiago

This city had 2798 entries in the past 12 months by 287 different contributors.
Last update: March 2023
Sources and References
Distribution of Expenses Using Our Statistical Model:
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13 Comments so far
Anonymous on Jan 28, 2023:
I need sources of the average salary in Chile, please
Anonymous on Mar 02, 2022:
Hi Jim,

Regarding your question:

// Do you think 4,000,000 CLP per month can be good to have a good quality of life for a family of 4?

Answer: Mostly yes, but I think you won't be able to save much month over month
Rene on Mar 02, 2022:
There is a big misconception on mortgage interest rates. In Chile when you talk about interest rates are usually meant "real" rate while most countries work based on "nominal" rates. Rates on top of inflation are ~5,5% average for 20 years, while rates including inflation are currently 12,35%
Please fix and clarify
Jim K on Jan 26, 2022:
Hi, what about the actual cost post covid to be in Chile?
Do you think 4,000,000 CLP per month can be good to have a good quality of life for a family of 4?
Anonymous on Jan 13, 2021:
The economy has fallen apart in Santiago due to corona. Rent costs and purchasing a house hasn't lowered either for this reason. Mortgages have built-in graduating interest rates annually as in real-estate taxes too. So in order to meet increased rates annually rents etc cannot decrease. You must remember Chile was an upper middle class country for many years however since corona the majority of upper middle class has been depleted unfortunately.
Amaro Gomez on Jul 21, 2020:
Hello!
Hope you are keeping well.
I am from Press, Channel13, a large private national network. We are trying to built a comparison of the cost of living in Chile. Do you have an expert voice that speaks Spanish? Please let me know. We do an equivalent show like Good Morning America, and would address this issue tomorrow morning.

Thanks,

Amaro.-
Alvin P on Nov 24, 2019:
Hi All,

Help Needed.

What is the Avg cost of living in Valparaiso, Chile for one single person.

I will be taking 1 bed room unit.

And also, How much shall i negotiate for senior analyst role so that i can save 1K USD per month.

Thanks
PV on Jul 01, 2019:
Some important quantities are missing (not only here):

Health insurance for a family (of 3)
Approximate tax brackets

I have been offered a $44.000 annual salary and I have a family of 3.
Anonymous on May 16, 2019:
# Catherine Hopefully you enjoyed your visit to Santiago? Like I mentioned priorly Chile is a 1st world country, modern.Other S.A. countries should pay attention and follow Chilis lead.Thanks for visiting my country.
Catherine on Apr 30, 2019:
By the way, the expenses of traveling did not included Car Rental, as it was a friend who kindly took me to
Where I needed to go, but I cooperated with gas, endless toll bridges, food during the trip.
Catherine on Apr 30, 2019:
Hi, I visit Santiago once a year at different times. I secure a private bed/bath in a shared apt in El Golf, Las Condes, near
Metro. Rental for 15 days US 450 - 530 ( Airbnb takes a chunk in Comission ) , paid in advanced.
Expenses on Arrival included : 2 Airport transfers CPL $ 8300 each, cook simple things. Supermarket : 3
Gallons of water, 5 lts milk, juices, daily fresh breads, fresh tomatoes, lettuce, dz. eggs, ham, cheese, salami ( twice, 1/4 each time), 2 bottles liquid Yoghurts, , small box mash potatoes, beef steaks, 6 prepared meals, 1 kL rice., bottle pisco sour, chicken to cook, etc., etc. & some indulgences... few lunch restaurants meals, few dinners, few drinks, some coffee
& tarts, or ice cream, etc. Part of this included 4 days traveling : money for gas, tolls, food on the road. My meals included breakfast, lunch & dinner. I also used the Metro around 10 times & had a local cell phone, & did small shopping at H & M. All this CPL $ 660.000 or us$ 1000/ one person for 15 days, end of Feb, almost mid March 2019. One thing there, money goes quickly & you find yourself constantly breaking into a new cpl $ 20.000 bill. Exchange is around one dollar ~ 640., or Cpl $ 1000 = us$ 1.50 Which was corroborated with other purchases made by c. card. So, when you see a price in CPL, add a 50% more to get the price into dollar . This, did not included “ any” extravaganza, performances, hotels, or any thing lavish .... Hope his helps anyone to get a picture .
EPOC on Mar 31, 2019:
The city is nice and I make roughly 8.800.000 per month and live roughly equivalent to middle class in a major city in US.
Schools here are insanely expensive, for my eight-year-old about 1.300.000 per month. So Anonymous you can live on 3M a month but you will save nothing. My rent is about 1.250.000 in Vitacura with expenses.
Anonymous on Mar 26, 2019:
Hi.

I am from India and I got an offer to move to Santiago for an indefinite term. They offered me a residence visa subject to contract with all medical benefits. I am married and having a kid 2.5yrs old. My wife works in a bank and eventually will look for a job once we move there.

My company has offered me CLP 34,80,000/month before tax. The liquid salary as per their calculation is CLP 30,00,016. Also they have offered 2 tickets to travel to India in a year. There is also yearly bonus of 1.4 times of monthly gross and joining bonus as of monthly gross. 13 UF will be also provided for my kid's education.

Is this enough to live a good lifestyle? I do not like much travelling. But keeping all things in mind like, fooding, lodging, kid's education etc, can I save CLP 20,00,000/month?

Thanks.