Chile

Cost of Living in Santiago

Monthly expenses, rent & budget analysis — Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates

COL+Rent: 30Rent: 15.1Groceries: 48.4Restaurant: 47.4

Monthly Budget Estimates

Minimal

$909/mo

Outside-center room, basic groceries, public transit

Typical

$1,340/mo

City-center 1BR, regular groceries & dining out

Comfortable

$1,725/mo

Premium apartment, frequent dining, entertainment

Monthly Costs Breakdown

CategoryCost (USD)
Rent (1BR City Center)$670
Rent (1BR Outside Center)$494
Groceries (monthly)$299
Restaurant Meal$15
Transit Pass (monthly)$43
Utilities (monthly)$103

Source: Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026

Can You Afford Santiago?

Compare Santiago with other cities at specific budget levels:

vs Valparaíso · $1,000/movs Valparaíso · $1,500/movs Valparaíso · $2,000/movs Concepción · $1,000/movs Concepción · $1,500/movs Concepción · $2,000/mo

Other Cities in Chile

Santiago vs Valparaíso Santiago vs Concepción

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Frequently Asked Questions

How much does it cost to live in Santiago?
A minimal monthly budget in Santiago is approximately $909, a typical budget is $1,340, and a comfortable lifestyle costs around $1,725 per month.
How much is rent in Santiago?
A 1-bedroom apartment in Santiago city center costs approximately $670/month. Outside the center, expect around $494/month.
Is Santiago expensive compared to New York?
Santiago's COL+Rent Index is 30 compared to New York's 100, meaning Santiago is about 70% cheaper than NYC overall.
What is the average grocery cost in Santiago?
Monthly groceries in Santiago cost approximately $299. The city's Groceries Index is 48.4 (NYC = 100).