Cost of living in Punta Arenas

Punta Arenas, located in the southernmost part of Chile, is a vibrant city known for its unique cultural and natural attractions. Understanding the cost of living here is crucial for anyone considering relocating or visiting.

This guide provides a detailed breakdown of expenses in Punta Arenas, covering everything from dining and groceries to housing and transportation.

Cost of Living Summary

Dining and Restaurants

  • Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $10.81 on average, with a range between $7.21 and $12.35.
  • Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $51.48, with prices ranging from $41.18 to $61.77.
  • Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.97, with a range between $6.69 and $9.26.
  • Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.85 to $4.12, imported beer $3.6 to $5.15, cappuccino $2.06 to $4.73, and Coke/Pepsi $1.24 to $3.08.

Grocery Prices

  • Milk - Milk is priced between $1.03 and $1.39 per liter, averaging $1.25.
  • Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.29 and $1.74, with an average price of $1.52.
  • Eggs (Dozen) - A dozen eggs range from $3.19 to $5.14, averaging $4.15.
  • Fruits (e.g., Apples, Oranges) - Apples cost $1.96 to $3.08 per kg, while oranges range from $2.06 to $2.36 per kg.
  • Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.33 and $1.54 per kg, and lettuce costs $1.33 to $2.06 per head.

Transportation

  • Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.62 and $0.72.
  • Fuel (Gasoline) - Gasoline is priced between $1.33 and $1.56 per liter.
  • Taxi Fares - Taxi fares start at $0.51, with a cost of $1.03 to $3.09 per km and $12.35 per hour of waiting.

Housing Costs

  • 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $432.41 to $720.69, averaging $576.55.
  • 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $288.28 to $566.26, averaging $384.84.
  • 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $710.4 to $1235.47, averaging $972.93.
  • 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $514.78 to $823.65, averaging $669.21.
  • Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is approximately $391.23.

Utilities

  • Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $116.68 and $190.47, averaging $150.43.
  • Internet - Internet services range from $10.3 to $27.8, with an average cost of $20.93.
Worldwide
Chile

Cost of Living Rankings

The cost of living indices for Chile are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Chile, covering factors like consumer goods, rent, and purchasing power.

Highest to LowestUpdated: Dec, 2024
Santiago
1. Santiago
Chile

Cost of Living Data

The following pricing data has been gathered from 10 user contributions, as of the most recent update in October, 2024.
Restaurants
Avg / Range
Meal, Inexpensive Restaurant
$10.81
Meal for 2 People, Mid-range Restaurant, Three-course
$51.48
McMeal at McDonalds (or Equivalent Combo Meal)
$7.97
Domestic Beer (0.5 liter draught)
$3.55
Imported Beer (0.33 liter bottle)
$5.04
Coke/Pepsi (0.33 liter bottle)
$2.12
Water (0.33 liter bottle)
$1.40
Cappuccino (regular)
$3.81
Markets
Avg / Range
Milk (regular), (1 liter)
$1.25
Loaf of Fresh White Bread (500g)
$1.52
Eggs (regular) (12)
$4.15
Local Cheese (1kg)
$14.41
Water (1.5 liter bottle)
$1.80
Bottle of Wine (Mid-Range)
$10.29
Domestic Beer (0.5 liter bottle)
$2.05
Imported Beer (0.33 liter bottle)
$2.83
Cigarettes 20 Pack (Marlboro)
$5.25
Chicken Fillets (1kg)
$9.00
Apples (1kg)
$2.52
Oranges (1kg)
$2.21
Potato (1kg)
$1.44
Lettuce (1 head)
$1.69
Rice (white), (1kg)
$1.61
Tomato (1kg)
$3.29
Banana (1kg)
$2.26
Onion (1kg)
$2.31
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$13.04
Transportation
Avg / Range
One-way Ticket (Local Transport)
$0.62
Monthly Pass (Regular Price)
$20.00
Gasoline (1 liter)
$1.44
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$17,502.50
Taxi Start (Normal Tariff)
$0.51
Taxi 1km (Normal Tariff)
$2.06
Taxi 1hour Waiting (Normal Tariff)
$12.35
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$23,679.85
Rent Per Month
Avg / Range
Apartment (1 bedroom) in City Centre
$576.55
Apartment (1 bedroom) Outside of Centre
$384.84
Apartment (3 bedrooms) in City Centre
$972.93
Apartment (3 bedrooms) Outside of Centre
$669.21
Utilities (Monthly)
Avg / Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$150.43
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$20.93
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$10.29
Sports And Leisure
Avg / Range
Fitness Club, Monthly Fee for 1 Adult
$46.33
Tennis Court Rent (1 Hour on Weekend)
$46.33
Cinema, International Release, 1 Seat
$6.43
Clothing And Shoes
Avg / Range
1 Pair of Jeans (Levis 501 Or Similar)
$59.20
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$41.18
1 Pair of Nike Running Shoes (Mid-Range)
$97.81
1 Pair of Men Leather Business Shoes
$128.69
Buy Apartment Price
Avg / Range
Price per Square Meter to Buy Apartment in City Centre
$391.23
Salaries And Financing
Avg / Range
Average Monthly Net Salary (After Tax)
$806.49
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
3.4%
Childcare
Avg / Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$411.82
International Primary School, Yearly for 1 Child
$6,177.35
OverviewJob Market
Punta Arenas Cost of Living

"Key Takeaways"

Punta Arenas offers a relatively affordable cost of living compared to many urban centers, particularly in terms of housing and transportation.

Dining out can be economical, especially at casual restaurants, while grocery prices remain moderate.

Utilities and internet services are reasonably priced, contributing to the overall affordability of living in the city.

Conclusion

In conclusion, Punta Arenas presents a balanced cost of living with affordable housing and transportation options.

While dining and groceries are moderately priced, the city offers a good quality of life for residents and visitors alike.

Prospective residents should consider these factors when planning a move to this unique and culturally rich city.

Punta Arenas

Nearby Cities

We don't have any relevant "Quality of life" data on cities with a 200 mile radius of Punta Arenas
All cities in Chile