Cheapest Cities Near Santiago (2026)

Santiago has a cost of living index of 62 (US avg = 100). Here are 8 more affordable metros to consider as alternatives.

More affordable alternatives

1
Phnom Penh, KH52% cheaper
COL: 301BR: $350/moSave $450/mo on rent
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2
Buenos Aires, AR52% cheaper
COL: 301BR: $400/moSave $400/mo on rent
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3
Oaxaca, MX48% cheaper
COL: 321BR: $400/moSave $400/mo on rent
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4
Da Nang, VN46% cheaper
COL: 341BR: $350/moSave $450/mo on rent
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5
Medellín, CO44% cheaper
COL: 351BR: $500/moSave $300/mo on rent
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6
Marrakech, MA44% cheaper
COL: 351BR: $430/moSave $370/mo on rent
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7
Hanoi, VN40% cheaper
COL: 371BR: $450/moSave $350/mo on rent
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8
Cebu City, PH40% cheaper
COL: 371BR: $400/moSave $400/mo on rent
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Santiago at a glance

62
COL index
100 = US avg
$800
1BR rent
per month
—
Home price
median
None
State tax
income

Cities with similar cost of living

Lisbon, PTCOL: 63Taipei, TWCOL: 63Tallinn, EECOL: 60Vilnius, LTCOL: 60

COL index sourced from Numbeo, Zillow, and BLS data · Q1 2026 · For general guidance only