Skyline of Santiago
Cost of Living: 110 6,269,384

Santiago, Chile

Chile's vibrant capital and economic hub, set against the dramatic backdrop of the Andes Mountains with world-class museums and cuisine.

Updated August 30, 2026

Overview

Santiago is a city in RM with a population of 6,269,384. Chile’s vibrant capital and economic hub, set against the dramatic backdrop of the Andes Mountains with world-class museums and cuisine. Housing is notably more expensive than the national average. Gardening thrives here — the 6a growing zone supports Cool to mild — apples, pears, berries, many vegetables.

Last updated: August 30, 2026

Cost of Living 110

Above Average vs Chile Avg (100)

Housing Index 140

Above Average

Median Income CLP$12,000,000

Household income

Unemployment 8.5%

Job market health

Santiago vs Chile Average

Cost of Living
Santiago: 110
Chile Avg: 100
Housing Index
Santiago: 140
Chile Avg: 100
State Income Tax
Santiago: 35%

Taxes

  • State Income Tax: 35.0%
  • Sales Tax: 19.0%

Economy & Jobs

  • Median Income: CLP$12,000,000
  • Unemployment: 8.5%
  • Population: 6,269,384

Climate

  • Sunny Days: 200/year
  • Summer High: 85°F
  • Winter Low: 38°F
  • Farming Zone: USDA Zone 6a

Housing

  • Median Home: CLP$80,000,000
  • 1BR Rent: CLP$450000/mo

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Cost of Living

Santiago's cost of living index is 110 (Chile average = 100).

CategorySantiagoNational AverageDifference
Overall110100+10.0%
Housing140100+40.0%

Data source: INE Chile / Numbeo, 2026

Housing Market

MetricValue
Median Home PriceCLP$80,000,000
Median Rent (1BR)CLP$450000/mo
Median Rent (2BR)CLP$562,500/mo
Price per Sq FtCLP$53,333

Data source: Portal Inmobiliario / Numbeo, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

CLP$
%
$90,000 down
%
%
CLP$

Utilities

Estimated monthly utility costs for a typical household in Santiago:

UtilityEstimated Monthly CostNotes
ElectricityCLP$22800
Heating & CoolingCLP$10858Estimated based on local climate.
Cooling (AC)N/AEstimated based on local climate and electricity rates
WaterCLP$12000Includes sewer
Internet (100+ Mbps)CLP$15000Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total UtilitiesCLP$60658Monthly estimate (including heating & cooling)

Data sources: CNE, SEC, SUBTEL 2025

Remote Work Score

Santiago scores —/100 for remote work readiness:

Cost of Living
110
Rent
CLP$450000
Sunny Days
200
Tax
35%
Unemployment
8.5%
Climate
85°F / 38°F
Safety
4.5 homicides/100k
Population
6,269,384
Internet Speed
120 Mbps

Climate

Santiago has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January58°F38°F2.5"
April70°F53°F2.8"
July85°F60°F1.5"
October65°F56°F2.2"
USDA Zone 6a

Cool to mild — apples, pears, berries, many vegetables

Natural Hazards

Santiago faces the following natural hazards:

Earthquake Extreme Risk

Located in the Pacific Ring of Fire.

Tsunami High Risk

Pacific coast vulnerable to tsunamis.

Wildfire High Risk

Central Chile has frequent wildfires.

Drought High Risk

Frequent drought conditions.

Landslide High Risk

Andean region with landslides.

Avalanche High Risk

Andean region with frequent avalanches.

Volcano Moderate Risk

Nearby active volcanoes in the Andes.

Flood Moderate Risk

River and flash floods.

Blizzard Moderate Risk

Southern Chile and Patagonia experience winter storms.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 35%
  • Sales Tax: 19%
  • Property Tax: ~0.5% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 8.5%.

Crime & Safety

Crime rates in Santiago per 100,000 residents:

150.0
Violent Crime
1,500.0
Property Crime
4.5
Homicide

City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.

Data source: UN Office on Drugs and Crime

Schools & Education

Total Schools

Academic Schedule

School Hours 8:00 AM – 3:30 PM
Academic Year March to December
Term System Semester — Fall (Mar-Jul), Spring (Aug-Dec)
Summer Break December to March (12 weeks)
Winter Break July (2 weeks)
Spring Break September (1 week, Fiestas Patrias)

Fiestas Patrias (Independence Day) in September is a major holiday.

Universities & Higher Education

3
Universities
#1423
Top University Rank
Top-Ranked University National

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Santiago is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Mapuche
9.1%
Other
1.0%
Other Indigenous
1.0%
White/Mestizo
88.9%

Education

Bachelor's degree or higher
25.0%
High school graduate
30.0%
Less than high school
30.0%
Some college
15.0%

Religion

Christian (Catholic)
60.0%
Christian (Protestant/Evangelical)
17.0%
Other
3.0%
Unaffiliated
20.0%

City-level demographic data is not available for this location. The figures shown are national averages, which may differ from actual conditions in this city.

Data source: INE Census (2017)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Santiago, Chile?

The cost of living index in Santiago is 110, which is Higher the Chile national average of 100.

How much does it cost to buy a home in Santiago?

The median home price in Santiago is CLP$80,000,000. The housing index is 140.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Santiago is approximately CLP$450000/mo.

Does Santiago, RM have income tax?

Santiago is in RM, which has an income tax rate of 35%.

What is the climate like in Santiago?

Santiago enjoys approximately 200 sunny days per year. Summer highs reach around 85°F, while winter lows can drop to around 38°F.

Relocation Guides

Data Sources

  • Cost of Living: INE Chile / Numbeo, 2026
  • Housing Data: Portal Inmobiliario / Numbeo, 2026
  • Income & Employment: INE Chile Labour Force Survey, 2024
  • Utilities CNE, SEC, SUBTEL 2025

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.