Affordable · COL+Rent 26.8 · NYC=100

Cost of Living in Chile

Below-average cost of living at 26.8 vs NYC's 100. Good value for remote workers and retirees. Data refreshed April 2026.

Cost index
39.0
excl. rent
Rent index
11.6
NYC=100
Purchasing power
52.8
vs NYC=100
Sample budget
$1,117
/month

Monthly Budget in Chile

All prices in USD. Single-person urban lifestyle. Sourced from Numbeo 2026 country rankings.

Frugal

Minimal

$787
per month / single person

Suburb rent, home-cooked meals, no dining out

Most common
Moderate

Sample

$1,117
per month / single person

City rent, ~15 restaurant meals/mo, full utilities

Upper middle

Comfortable

$1,323
per month / single person

City rent, dining out 25×/mo, extras

Line-item breakdown (single person)

Rent 1-bedroom, city centre
$515
Rent 1-bedroom, outside centre
$380
Groceries (monthly basket)
$260
Mid-range restaurant meal (per person)
$13
Public transit pass (monthly)
$42
Basic utilities (85m² apartment)
$105

How Much Salary Do I Need in Chile?

Purchasing-power-adjusted equivalents: if you earn X in the US, you’d need roughly Y in Chile to maintain the same lifestyle.

US net salaryEquivalent in ChileVerdict
$50,000/yr$23,80152% cheaper
$75,000/yr$35,70252% cheaper
$100,000/yr$47,60252% cheaper

These are NET (after-tax) purchasing-power equivalents. Your gross salary target will differ based on Chile's tax regime — see our salary comparison pages for full tax-adjusted numbers.

How Does Chile Compare to Other Countries?

Chile vs major reference countries. Lower COL+Rent = cheaper.

Chile vs United States
52% cheaper
Chile COL+Rent
26.8
United States COL+Rent
56.3
Chile vs United Kingdom
48% cheaper
Chile COL+Rent
26.8
United Kingdom COL+Rent
51.9
Chile vs Canada
48% cheaper
Chile COL+Rent
26.8
Canada COL+Rent
51.1
Chile vs Australia
54% cheaper
Chile COL+Rent
26.8
Australia COL+Rent
58.4

Frequently Asked Questions about Chile Cost of Living

How much does it cost to live in Chile per month?

A single-person moderate urban lifestyle in Chile costs roughly $1,117/month: rent $515 (city) or $380 (outside city), groceries $260, utilities $105, transit pass $42, and ~15 mid-range restaurant meals at $13 each. A minimal budget is around $787, while a comfortable lifestyle runs ~$1,323.

Is Chile expensive to live in?

Chile sits at 26.8 on the combined Cost of Living + Rent Index (NYC = 100), making it affordable by global standards. Below-average cost of living at 26.8 vs NYC's 100. Good value for remote workers and retirees.

How much salary do I need to live comfortably in Chile?

To cover a comfortable lifestyle in Chile (~$1,323/month), you need roughly $15,870 in net annual income. Add 20–25% for income tax and social security in most jurisdictions, so a gross salary of around $20,631 to $23,805 should be comfortable depending on the tax regime.

What is the average rent in Chile?

A 1-bedroom apartment in a city centre in Chile averages $515/month. Outside the city centre, the same apartment averages $380/month — a 26% savings for moving just outside the core. Shared housing and suburb-commuter lifestyles can reduce rent further.

How does Chile's cost of living compare to the US?

Chile is 52% cheaper than the United States overall. A $70,000 US net salary would only need to be approximately $33,321 in Chile to match purchasing power.

Source & caveats: Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates. Last reviewed April 2026. Indices use New York City = 100 as the baseline. Actual prices in Chile vary by city (capital/largest city vs smaller towns can differ 30–60%). Treat these figures as a directional cross-country comparison — for relocation decisions, verify with current local rental listings and supermarket prices.