Although the cost of living in Chile is considered relatively affordable for expats, its political and economic stability still makes it one of the more expensive South American destinations, with prices that fluctuate and vary around the country.
While attractive executive salaries may lure many expats to Chile, competition for top management positions in multinational firms can be fierce, and expat packages may not be as lucrative as they once were. Those considering a move to Chile should ensure their salary is high enough to accommodate their lifestyle, especially in urban areas like Santiago, where living expenses can be higher.
Moving to a foreign country often means using a new currency and getting familiar with banking, money and taxes in that country. Here is a breakdown of the cost of living in Chile.
Cost of accommodation in Chile
Chile boasts a range of accommodation options for expats, and even top-quality housing tends to be affordable when compared to other major destinations. Buying and renting prices in the country are among the cheapest in Latin America, and a construction boom yielding sleek skyscrapers and an array of housing developments means that standards aren’t sacrificed even in the face of lower costs.
There are also plenty of opportunities for young, single expats to negotiate incredibly cheap shared housing, either with a Chilean family or in a furnished space with other expats. This option provides an affordable way to live and a unique cultural experience.
Renting Accommodation in Chile
Best (and Worst) Areas and Suburbs in Santiago
Cost of transport in Chile
Chile prides itself on its urban infrastructure, and its public transport systems are well connected and affordable. The country’s main modes of transit are buses and the metro, which are efficient, safe, and economical.
Taxis are pricier, and the drivers are notorious for overcharging foreigners, so you should do your best to negotiate a reasonable fee or use a ride-hailing service that charges standardised rates.
For those who prefer to drive, the costs and risks can vary. Driving in Santiago is better than in some other capitals, but considerate motorists tend to be found outside the bustling capital.
Transport and Driving in Chile
Cost of groceries in Chile
The cost of food in Chile registers as cheap on a global scale but is steeper than in neighbouring South American countries such as Peru and Argentina. Purchasing fruit, vegetables, pulses, and seeds at local ferias (fresh produce markets) can save money and provide superior quality while supporting Chilean farmers and independent suppliers. Supermarket prices are slightly higher, and eating out and buying imported food items can be costly.
Cost of entertainment and eating out in Chile
Chile is known for its vibrant culture and delicious cuisine, making it an attractive destination if you’re seeking adventure and culinary delights. That said, like in any foreign country, the cost of entertainment and dining out can vary depending on where you go and what you do.
For entertainment, you will find a wide range of options available, from exploring the bustling streets of Santiago to hiking in the Andes mountains. In general, the cost of entertainment in Chile is quite reasonable, especially compared to other major cities in the region. Film tickets and museum admission are generally affordable, and outdoor activities like hiking and skiing can be enjoyed at a reasonable cost.
When dining out, food costs can vary widely depending on the type of restaurant and location. For example, fine dining restaurants in upscale areas like Vitacura can be quite expensive, while small local cafés and street vendors offer affordable and tasty options.
Chile is also known for its wine, and while some high-end bottles can be expensive, many affordable options are just as delicious.
Cost of education in Chile
If you have children, you’ll have various options for education and schools in Chile. Public schools in Chile tend to provide a lower standard of education than you might be used to, and the curriculum is usually taught in Spanish.
Some parents prefer sending their children to Chilean private schools, but fees for these institutions can be expensive. Plus, they don’t always live up to the promise of providing better standards of education than public schools.
For many expat parents, international schools in Chile are the answer to this dilemma. Their fees can also be fairly high, but negotiating an education allowance as part of an employment contract is often possible.
Best International Schools in Santiago
Cost of healthcare in Chile
Healthcare in Chile is a mix of public and private sectors, and the country boasts one of the most advanced healthcare systems in South America.
The public healthcare system in Chile is managed by the government-run FONASA scheme, which provides free and subsidised healthcare to Chilean nationals and legal residents. If you’re living and working in Chile, you are eligible for public healthcare but must have legal residency and pay taxes.
Private healthcare is popular among expats, especially in Santiago, where standards are high, but it can be expensive. You’ll find that many expats typically opt for international health insurance, which is comprehensive and cost-effective. The quality of healthcare may vary in different geographical locations, especially in remote areas with less advanced medical facilities.
Cost of living in Chile chart
Prices may vary across Chile, depending on the product and service provider. The list below shows average prices in Chilean pesos (CLP) for Santiago in May 2026.
| Accommodation (monthly rent) | |
| Three-bedroom apartment in the city centre | CLP 1,000,000 |
| Three-bedroom apartment outside the city centre | CLP 800,000 |
| One-bedroom apartment in the city centre | CLP 550,000 |
| One-bedroom apartment outside the city centre | CLP 430,000 |
| Food and drink | |
| Eggs (dozen) | CLP 4,000 |
| Milk (1 litre) | CLP 1,200 |
| Rice (1kg) | CLP 1,900 |
| Loaf of white bread | CLP 1,600 |
| Chicken breasts (1kg) | CLP 6,800 |
| Cheese (500mg) | CLP 5,000 |
| Eating out | |
| Three-course meal for two at a mid-range restaurant | CLP 50,000 |
| Big Mac Meal | CLP 8,000 |
| Coca-Cola (330ml) | CLP 1,800 |
| Cappuccino | CLP 3,000 |
| Local draft beer | CLP 4,000 |
| Utilities/household | |
| Mobile phone monthly plan with calls and data | CLP 12,500 |
| Internet (uncapped ADSL or cable – average per month) | CLP 20,300 |
| Basic utilities (average per month for a standard household) | CLP 150,000 |
| Transportation | |
| Taxi rate/km | CLP 950 |
| City-centre public transport fare | CLP 800 |
| Gasoline/petrol (per litre) | CLP 1,365 |