How much should a person earn to stay and live a decent life in Valparasio, Chile?

Question

I am a resident of India and moving to Chile for work. I would be staying there for more than a year. I would be working as a investment research analyst in one of the companies based in Valparasio. I would be earning any thing between 400000 to 550000 CLP every month. Is this amount sufficient for me to stay comfortably in Chile. if not, how much would you think would be good for me every month?

Answer 1

Valparaiso and Santiago area is pretty expensive to live.For me

to live there,I would need at least !000000 CLP per month.That is about 2000 US dollars.Hotels and Restaurants,Car rentals,,,,

even Mcdonald hamburger cost was same as USA.

Answer 2

You should live very comfortably on that salary. Chile is not an expensive place when it comes to food, drink, transportation and entertainment. Your rent will depend on the area and the time of the year. In summer Valparaiso rents tend to go up as people flock to the sea for holidays.

My guess would be that you can probably do very well with just 200000 CLP per month..

One thing for sure, you'll have a great time... Chile is a great place to visit.

Answer 3

>The minimun wage in Chile is 160.000 clp (320 usd). Few people lives with the minimun income, and the average income for most of the people is between 300.000 and 450.000 clp. (600 usd - 900 usd). With your wage, you will live well, but you will have to take care of our money if you want to travel or make "luxury" spenditures.

Answer 4

Valparaiso is not expensive at all. I go there every year and everything is so much cheaper. If you go to the supermarkets or the market that is like outdoors food is amazingly cheap compared to the US. If you want to eat McDonalds or Taco Bell then yes its probably the same price as here. Buses cost a little less than $1. so a ride to work and back would be less than $2 which isnt bad. How much you need to live confertably i do not know but im almost sure that it should be enough.