Cost of living in Punta Arenas

In Punta Arenas, Chile, a single person typically needs around $1091 per month including rent. A family of four may spend about $2642 monthly.

How expensive is Punta Arenas compared to other cities?

Overall living costs in Punta Arenas are 23% more expensive than the European benchmark.

How does Punta Arenas compare to your city?

Punta Arenas is 60% cheaper than New York City, without rent.

Rent in Punta Arenas is, on average, 80% lower than in New York City.

What drives the cost of living in Punta Arenas?

Who is Punta Arenas a good fit for?

Punta Arenas is a better match for people who prioritize lifestyle benefits and can afford the premium driven by transport and rent & utilities. For most moderate-income households, housing costs are the main barrier.

FAQ

Why is Punta Arenas so expensive?

The high cost of living is primarily due to elevated rent and utilities, which significantly impact overall expenses.

Is food expensive in Punta Arenas?

Food costs are 26% higher than the European benchmark, contributing to the overall expense of living.

Is public transport affordable in Punta Arenas?

Public transport is 53% lower than the European benchmark, making it an economical option for residents.

Cost of living breakdown

Cost of Living, one person, including rent
1091 $
Without Rent
577 $
Rent & Utilities
514 $
Food
429 $
Transport
41 $
Monthly Salary, after tax
749 $
GDP per Capita
17,093 $
Freedom Index
8.16
Lifespan
80 years
Speak English
10%
Population
123.0K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 11.1 $
Dinner 46.3 $
Fast food, McDonalds or KFC 8.07 $
Beer, 0.5 L or 16 fl oz 3.67 $
Capuccino 4.17 $
Coke, 330ml 2.31 $

Compare Punta Arenas with:

Markets

Milk, 1 L or 1 qt 1.34 $
Bread, 0.5 kg or 1 lb 1.47 $
Rice, 1 kg or 2 lb 1.53 $
Eggs, 12 pack 3.98 $
Cheese, 1 kg or 2 lb 14.5 $
Chicken Breast, 1 kg or 2 lb 8.61 $
Round Steak, 1 kg or 2 lb 14.1 $
Apples, 1 kg or 2 lb 2.47 $
Banana, 1 kg or 2 lb 2.42 $
Oranges, 1 kg or 2 lb 2.4 $
Tomato, 1 kg or 2 lb 3.06 $
Potato, 1 kg or 2.2 lb 1.45 $
Onion, 1 kg or 2.2 lb 2.49 $
Water, 1 L or 1 qt 1.3 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.3 $
Wine, 750 mL bottle 9.71 $
Beer, 0.5 L or 16 fl oz 2.02 $
Cigarette pack 5.4 $

Transportation

One-way Ticket 0.68 $
Monthly Pass 26.1 $
Gas or Petrol, 1l or 0.26 gal 1.52 $
Taxi, 8 km 15.3 $

Personal Care

Doctor Visit, private clinic 51.3 $
Cold medicine, for 1 week 7.02 $
Hair Shampoo, 400 ml or 12 oz. 3.57 $
Toilet paper, 4 rolls 2.46 $
Toothpaste, 1 tube 2.13 $

Utilities per Month

1 person, electricity, heating, water & garbage 94 $
Family of 4, electricity, heating, water & garbage 144 $
Internet plan, +60 Mbps 21.2 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 365 $
3 Bedroom Apartment, outside of center, 85 sq.m 651 $
1 Bedroom Apartment, in city center, 40 sq.m 534 $
3 Bedroom Apartment, in city center, 85 sq.m 983 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 422 $
Price per Square Meter to Buy House, in suburbs 1,533 $

Salaries and Financing

Average Monthly Net Salary, after tax 749 $
Mortgage Interest Rate, for 20 years fixed-rate 3.39%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 49.3 $
Cinema, 1 seat 6.69 $
Haircut 12.9 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 93.8 $
Brand Jeans, Levis 501 56.5 $

Childcare

Preschool, full day, monthly for 1 child 447 $
International Primary School, yearly for 1 child 6,705 $

Compare Punta Arenas with other top cities

Curacao
Punta Arenas vs Willemstad (Willemstad is 28% more expensive) Punta Arenas vs Barber (Barber is 28% more expensive)
Uruguay
Punta Arenas vs Montevideo (Montevideo is 22% more expensive) Punta Arenas vs Salto (Salto is 10% less expensive) Punta Arenas vs Ciudad de la Costa (Ciudad de la Costa is 7% more expensive) Punta Arenas vs Rivera (Rivera is 31% less expensive) Punta Arenas vs Maldonado (Maldonado is 11% less expensive) Punta Arenas vs Paysandu (Paysandu is 29% less expensive) Punta Arenas vs Tacuarembo (Tacuarembo is 24% less expensive) Punta Arenas vs Melo (Melo is 33% less expensive) Punta Arenas vs Mercedes (Mercedes is 6% less expensive) Punta Arenas vs Artigas (Artigas is 19% less expensive)
Trinidad And Tobago
Punta Arenas vs Chaguanas (Chaguanas is 2% less expensive) Punta Arenas vs Port of Spain (Port of Spain is 7% more expensive) Punta Arenas vs San Fernando (San Fernando is 12% less expensive) Punta Arenas vs Scarborough (Scarborough is 1% more expensive) Punta Arenas vs San Juan (San Juan is 7% more expensive)
Chile
Punta Arenas vs Santiago (Santiago is 10% more expensive) Punta Arenas vs Puente Alto (Puente Alto is 12% less expensive) Punta Arenas vs Antofagasta (Antofagasta is 3% less expensive) Punta Arenas vs Vina del Mar (Vina del Mar is 15% less expensive) Punta Arenas vs San Bernardo (San Bernardo is 22% less expensive) Punta Arenas vs Valparaiso (Valparaiso is 12% less expensive) Punta Arenas vs Temuco (Temuco is 20% less expensive) Punta Arenas vs Rancagua (Rancagua is 23% less expensive) Punta Arenas vs Concepcion (Concepcion is 15% less expensive) Punta Arenas vs Talca (Talca is 22% less expensive)
Guyana
Punta Arenas vs Georgetown (Georgetown is 10% less expensive) Punta Arenas vs Linden (Linden is 7% less expensive) Punta Arenas vs New Amsterdam (New Amsterdam is 7% less expensive)
Mexico
Punta Arenas vs Mexico City (Mexico City is 9% more expensive) Punta Arenas vs Tijuana (Tijuana is 4% less expensive) Punta Arenas vs Ecatepec de Morelos (Ecatepec de Morelos is 33% less expensive) Punta Arenas vs Leon (Leon is 34% less expensive) Punta Arenas vs Zapopan (Zapopan is 7% less expensive) Punta Arenas vs Guadalajara (Guadalajara is 10% less expensive) Punta Arenas vs Puebla (Puebla is 14% less expensive) Punta Arenas vs Ciudad Juarez (Ciudad Juarez is 11% less expensive) Punta Arenas vs Monterrey (Monterrey is 15% more expensive) Punta Arenas vs Ciudad Nezahualcoyotl (Ciudad Nezahualcoyotl is 34% less expensive)
Suriname
Punta Arenas vs Paramaribo (Paramaribo is 20% less expensive) Punta Arenas vs Nieuw Nickerie (Nieuw Nickerie is 23% less expensive)
Ecuador
Punta Arenas vs Guayaquil (Guayaquil is 17% less expensive) Punta Arenas vs Quito (Quito is 17% less expensive) Punta Arenas vs Cuenca (Cuenca is 29% less expensive) Punta Arenas vs Santo Domingo (Santo Domingo is 46% less expensive) Punta Arenas vs Duran (Duran is 26% less expensive) Punta Arenas vs Machala (Machala is 46% less expensive) Punta Arenas vs Manta (Manta is 20% less expensive) Punta Arenas vs Portoviejo (Portoviejo is 30% less expensive) Punta Arenas vs Loja (Loja is 43% less expensive) Punta Arenas vs Quevedo (Quevedo is 40% less expensive)
Peru
Punta Arenas vs Lima (Lima is 10% less expensive) Punta Arenas vs Arequipa (Arequipa is 49% less expensive) Punta Arenas vs Trujillo (Trujillo is 36% less expensive) Punta Arenas vs Chiclayo (Chiclayo is 53% less expensive) Punta Arenas vs Callao (Callao is 29% less expensive) Punta Arenas vs Piura (Piura is 48% less expensive) Punta Arenas vs Cusco (Cusco is 41% less expensive) Punta Arenas vs Chimbote (Chimbote is 55% less expensive) Punta Arenas vs Huancayo (Huancayo is 46% less expensive) Punta Arenas vs Iquitos (Iquitos is 38% less expensive)
Venezuela
Punta Arenas vs Caracas (Caracas is 4% less expensive) Punta Arenas vs Maracaibo (Maracaibo is 35% less expensive) Punta Arenas vs Valencia (Valencia is 28% less expensive) Punta Arenas vs Maracay (Maracay is 33% less expensive) Punta Arenas vs Barquisimeto (Barquisimeto is 34% less expensive) Punta Arenas vs Barinas (Barinas is 27% less expensive) Punta Arenas vs Ciudad Guayana (Ciudad Guayana is 18% less expensive) Punta Arenas vs Catia La Mar (Catia La Mar is 13% less expensive) Punta Arenas vs Ciudad Bolivar (Ciudad Bolivar is 20% less expensive) Punta Arenas vs Santa Teresa del Tuy (Santa Teresa del Tuy is 17% less expensive)
Colombia
Punta Arenas vs Bogota (Bogota is 20% less expensive) Punta Arenas vs Medellin (Medellin is 20% less expensive) Punta Arenas vs Cali (Cali is 33% less expensive) Punta Arenas vs Barranquilla (Barranquilla is 28% less expensive) Punta Arenas vs Cartagena (Cartagena is 31% less expensive) Punta Arenas vs Cucuta (Cucuta is 49% less expensive) Punta Arenas vs Soacha (Soacha is 31% less expensive) Punta Arenas vs Soledad (Soledad is 23% less expensive) Punta Arenas vs Villavicencio (Villavicencio is 56% less expensive) Punta Arenas vs Bucaramanga (Bucaramanga is 41% less expensive)
Brazil
Punta Arenas vs Sao Paulo (Sao Paulo is 7% less expensive) Punta Arenas vs Rio de Janeiro (Rio de Janeiro is 12% less expensive) Punta Arenas vs Brasilia (Brasilia is 26% less expensive) Punta Arenas vs Fortaleza (Fortaleza is 34% less expensive) Punta Arenas vs Salvador (Salvador is 32% less expensive) Punta Arenas vs Belo Horizonte (Belo Horizonte is 28% less expensive) Punta Arenas vs Manaus (Manaus is 27% less expensive) Punta Arenas vs Curitiba (Curitiba is 30% less expensive) Punta Arenas vs Recife (Recife is 29% less expensive) Punta Arenas vs Goiania (Goiania is 40% less expensive)
Argentina
Punta Arenas vs Buenos Aires (Buenos Aires is 17% less expensive) Punta Arenas vs Cordoba (Cordoba is 15% less expensive) Punta Arenas vs Rosario (Rosario is 42% less expensive) Punta Arenas vs San Miguel de Tucuman (San Miguel de Tucuman is 36% less expensive) Punta Arenas vs Mar del Plata (Mar del Plata is 31% less expensive) Punta Arenas vs Salta (Salta is 33% less expensive) Punta Arenas vs San Juan (San Juan is 40% less expensive) Punta Arenas vs Lanus (Lanus is 26% less expensive) Punta Arenas vs Santiago del Estero (Santiago del Estero is 64% less expensive) Punta Arenas vs Santa Fe (Santa Fe is 35% less expensive)
Bolivia
Punta Arenas vs Santa Cruz de la Sierra (Santa Cruz de la Sierra is 30% less expensive) Punta Arenas vs La Paz (La Paz is 38% less expensive) Punta Arenas vs El Alto (El Alto is 41% less expensive) Punta Arenas vs Cochabamba (Cochabamba is 51% less expensive) Punta Arenas vs Sucre (Sucre is 40% less expensive) Punta Arenas vs Oruro (Oruro is 45% less expensive) Punta Arenas vs Potosi (Potosi is 54% less expensive) Punta Arenas vs Tarija (Tarija is 43% less expensive) Punta Arenas vs Sacaba (Sacaba is 51% less expensive) Punta Arenas vs Trinidad (Trinidad is 29% less expensive)
Paraguay
Punta Arenas vs Asuncion (Asuncion is 39% less expensive) Punta Arenas vs Ciudad del Este (Ciudad del Este is 51% less expensive) Punta Arenas vs Luque (Luque is 45% less expensive) Punta Arenas vs San Lorenzo (San Lorenzo is 43% less expensive) Punta Arenas vs Pedro Juan Caballero (Pedro Juan Caballero is 52% less expensive) Punta Arenas vs Caaguazu (Caaguazu is 62% less expensive) Punta Arenas vs Encarnacion (Encarnacion is 53% less expensive) Punta Arenas vs Coronel Oviedo (Coronel Oviedo is 51% less expensive) Punta Arenas vs Concepcion (Concepcion is 50% less expensive)