In 2020, the average wage in Chile amounted to approximately 26,728 U.S. dollars per year, down from 29,579 dollars in the previous year.
Average annual wage in Chile from 2016 to 2020 (in constant U.S. dollars)
| Characteristic | Average wage in U.S. dollars |
|---|---|
| 2020 | 26,728.92 |
| 2019 | 29,578.97 |
| 2018 | 28,573.75 |
| 2017 | 27,605.31 |
Contents
What is the average monthly income in Chile?
Working in Chile means you can expect an average monthly salary of 2,591.057 USD, or $31,068.696 per year, or $14.88 an hour. This salary is enough to cater to the cost of living, which is also very low (about 40% lower than in the US). Note that at the time of writing 1 USD = 833.40 Chilean Peso (CLP).
What is the median income in Chile?
Chileans earn USD 25 879 per year on average, much less than the OECD average of USD 43 241.
Is Chile a poor country?
Poverty in Chile has a fairly low percentage of 14.4 percent, which is lower than the United States. However, Chile’s problem lies in the country’s high rates of income inequality: and this alone has driven around 10 percent of people into poverty. The inequality also reverts back to the poor education systems.
What is the average cost of a house in Chile?
The average price of a home in a middle-class neighborhood in Santiago with three bedrooms and two bathrooms is about $255,000 (compared with $170,000 in the rest of the country), Mr. Danús said.
Who is richer Chile or Argentina?
Indeed, a century ago, it was one of the world’s wealthiest countries, with a standard of living on par with that of the US. Today, however, Argentina’s per capita income amounts to just 40% of America’s, and is considerably lower than Chile’s.
Is Chile an advanced country?
Chile is the most developed country in South America.Their GDP, quality of life, infant mortality rate, life expectancy, and HDI are enough for most economists to classify the country as developed.
Is Chile a high income country?
The economy of Chile is a market economy and high-income economy as ranked by the World Bank. The country is considered one of South America’s most prosperous nations, leading the region in competitiveness, income per capita, globalization, economic freedom, and low perception of corruption.
What is the standard of living in Chile?
Chile has the lowest level of corruption in Latin America, as well as the strongest economy, highest standard of living, and lowest level of poverty. You can drink water from any tap in the country, and it has modern telephone and cell service, high speed Internet, and cable television.
What is the average family size in Chile?
3.7
The average household size in Chile is 3.7, which is more than 1 person higher than the OECD average of 2.6.
Are people happy in Chile?
Chile: Happiness Index, 0 (unhappy) – 10 (happy), 2013 – 2020: For that indicator, we provide data for Chile from 2013 to 2020. The average value for Chile during that period was 6.53 points with a minimum of 6.17 points in 2020 and a maximum of 6.71 points in 2016. The latest value from 2020 is 6.17 points.
Is Chile overpopulated?
For every square kilometer of land there is an average of 24 people (63 per square mile), which makes Chile only the 194th most densely populated country on earth (out of 192 countries).
Is Chile a good place to live?
One of the best reasons to live in Santiago, Chile is the country’s economic stability and freedom from political corruption. Chile has also been recognized for its security, ranking as the 25th most peaceful country in the world and the most peaceful in Latin America, according to the Positive Peace Index (2017).
Is English widely spoken in Chile?
So, how common is English in Chile? English is not commonly spoken in Chile either in the tourist areas or larger cities. 10.2% of the population speak it, which amounts to 1,867,408 Chileans having some level of English language skill.
How much does a car cost in Chile?
Taxi starting price is about: 0.38 USD (320 CLP). For 1 km ride in Chile you have to pay about: 1.30 USD (1,000 CLP).
Car rental average prices in Chile.
| Car | Price |
|---|---|
| Average price | 81 USD (67,000 CLP) |
| Economy car | 44 USD (36,000 CLP) |
| Car Mini | 91 USD (76,000 CLP) |
| Compact car | 72 USD (60,000 CLP) |
Is Chile a cheap place to live?
Chile offers a first world lifestyle with an affordable cost of living.
Is Chile richer than Spain?
Chile has a GDP per capita of $24,600 as of 2017, while in Spain, the GDP per capita is $38,400 as of 2017.
Why is Chile a high income country?
Since its free‐market reforms began in 1975, Chile has quadrupled its income per capita, making it the most prosperous country in Latin America. Chile’s improvement on the whole range of indicators of well-being—e.g., maternal mortality, access to proper sanitation, etc.
Why is Chile so long?
Chile’s length is largely a product of colonial expansion and modern military campaigns.Chile conquered the bottom one-third of the country around the same time, amassing the long strip of land below the Biobío River that belonged for centuries to an indigenous people known as the Mapuche.
What rank is Chile in education?
It shows the UK’s reputation as one of the world’s best for education is at risk, and has tumbled several places since 2006. The UK is ranked 25th for reading, 28th for maths and 16th for science.
World education ranking.
| Country Name | Chile |
|---|---|
| Reading score | 449 |
| Maths score | 421 |
| Science score | 447 |
Is there corruption in Chile?
As of 2006, there were isolated reports of government corruption in Chile. Transparency International’s 2016 Corruption Perception Index ranks the country 24th place out of 176 countries.
