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).
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What is the average salary in Chile?
From 2015 to 2020, the average annual wage in Chile has remained fairly steady between 27,600 and 29,600 U.S. dollars, based on constant values. 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.
What is the minimum salary in Chile?
According to the minimum salary established by law as of January 2021, workers in Chile enjoy a basic monthly wage of over 440 U.S. dollars (326,500 Chilean pesos).
What is a good salary in Santiago Chile?
Salary rankings by profession
| Job type | Median salary (USD) | Salary ranking compared to all cities |
|---|---|---|
| IT Manager | $32,335 | 194/265 |
| Project Manager | $31,873 | 176/265 |
| Graphic Designer | $30,135 | 125/265 |
| Office Manager | $29,891 | 151/265 |
What is the hourly wage in Chile?
Chile’s minimum wage rate is 265,000 Chilean pesos per month ($408) for workers aged 18–65; 186,631 pesos for workers younger than 18 and older than 65 ($276); and 161,265 pesos for ‘non remunerative’ purposes ($238). Chile’s minimum wage was last changed in 1-Jan-2017.
How much does it cost to live in Chile for a month?
Summary: Family of four estimated monthly costs are 2,134$ (1,775,217CL$) without rent. A single person estimated monthly costs are 611$ (508,755CL$) without rent.
Cost of Living in Chile.
| Restaurants | Edit |
|---|---|
| Monthly Pass (Regular Price) | 40,000.00CL$ |
| Taxi Start (Normal Tariff) | 350.00CL$ |
| Taxi 1 mile (Normal Tariff) | 1,770.28CL$ |
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.
How much is rent in Chile?
Rent is about 65% lower in Chile than in the United States. The national average for a one-bedroom apartment in a city is about $388 per month and about $330 per month for an apartment in the suburbs.
Is Chile a low income country?
Chile is considered a developing country, but more specifically, it has recently been designated as an upper middle income country using the World Bank’s classifications of economies into low (≤$1,005), middle (subdivided into lower [$1,006–$3,975] and upper [$3,976–$12,275]), or high incomes (≥$12,276), which is based
Is Chile in poverty?
Poverty in Chile has a fairly low percentage of 14.4 percent, which is lower than the United States. However, Chile’s problem lies in the country’s high rates of income inequality: and this alone has driven around 10 percent of people into poverty.At first glance, Chile’s economy appears stable.
What is the average cost of a house in Chile?
In Chile, the average price per sqm in Chile’s capital, Santiago, is US$ 2300. It can go down to US$ 1600 and reach US$ 3000 depending on the location of the property and the time of year. To simplify the calculation of real estate prices, Chileans use a unit of account, the UF: in April 2019, 1 UF = $ 27,500 = US$ 42.
Is healthcare free in Chile?
Public healthcare in Chile
Chilean nationals and legal residents have access to free and subsidised public healthcare. This is managed through the government-run FONASA scheme with additional cover via privately run health insurers.
What is the highest paying job in Chile?
The highest paid Chile are Executive Management & Change professionals at $150,000 annually.
What is Chile’s unemployment rate?
7.29%
This statistic shows the unemployment rate in Chile from 1999 to 2020. In 2020, the unemployment rate in Chile was at approximately 11.51 percent.
Chile: Unemployment rate from 1999 to 2020.
| Characteristic | Unemployment rate |
|---|---|
| 2019 | 7.29% |
| 2018 | 7.23% |
| 2017 | 6.96% |
| 2016 | 6.74% |
What language is spoken in Chile?
Spanish
Which country has the lowest minimum wage?
Cuba is the country with the world’s lowest minimum wage. On a monthly basis, an employee in Cuba receives the minimum wage of 225 Cuban pesos –equivalent to $9.
What are the benefits of living in Chile?
So with no further adieu, here are our 7 reasons to live in Santiago, Chile.
- Safety and stability.
- Proximity to mountains and the beach.
- Job opportunities.
- A growing international community.
- Avocados and more.
- Chilean Spanish.
- Ability to travel around South America.
Is Chile more expensive than Argentina?
Years of economic mismanagement and economic depression has led to rampant inflation, a black market for currency, and high prices for just about everything in Argentina and the cost of living in Chile is today 18% more expensive than in Argentina.
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.
