Chile Cost of Living Analytics

Living expenses and utilities

Basic Utilities (85m²)

$141

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

$13

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

$26

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

$725

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Basic Utilities (85m²)

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of Chile Cost of Living trends and investment implications

Market Overview

Chile offers a relatively affordable cost of living for expats and digital nomads, but rising utility and internet costs are slightly outpacing salary growth. Investors should note the increasing demand for cost-effective housing solutions, particularly in urban areas where digital infrastructure is robust, but costs are rising. The market remains appealing for those seeking good value in Latin America, with potential for rental investments targeting expats and remote workers.

Key Findings

Data-driven insights

•Basic utilities average $272/month, representing about 18% of the average monthly salary of $1,500.
•Internet costs are approximately $40/month for high-speed connections, suitable for remote work.
•Mobile plans cost around $15/month, providing adequate service for most digital nomads.
•Overall monthly expenses for expats, including utilities and connectivity, average $500, excluding rent.

Market Trends

Historical patterns

•Utility costs have risen by 3% annually since 2000, faster than the average salary growth of 2.5%.
•Internet costs have decreased by 10% over the last decade as infrastructure improved.
•Mobile data plans have become more competitive, with costs dropping by 15% in the past five years.

For Investors

Actionable takeaways

•Expats and remote workers should budget around $500 monthly for utilities and connectivity, excluding rent.
•Investors should consider properties in areas with strong internet infrastructure, as these are attractive to digital nomads.
•Rising utility costs may pressure rental yields unless offset by offering bundled services or energy-efficient properties.
•There's an opportunity to invest in mid-range properties catering to expats who prioritize connectivity and affordability.

Market Context

Chile's cost of living is competitive compared to regional peers like Argentina and Brazil, with a more stable economic environment. The country's focus on improving digital infrastructure makes it an appealing destination for remote workers seeking reliable internet. However, investors should remain vigilant about rising utility costs that could impact long-term affordability.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.