Chile, Santiago Cost of Living April 2010

Country Full Name: Republic of Chile.

Location: Chile is in Southern South America, bordering the South Pacific Ocean, between Argentina and Peru.

Country Climate: Temperate; desert in north; Mediterranean in central region; cool and damp in south.

Country Terrain: Low coastal mountains; fertile central valley; rugged Andes in east.

Major Languages: Spanish.

Major Religions: Christianity.

Country Population: 16.8 million (2008 est.) 17.0 million (2009 est.).

Country Economy: The economy of Chile is a dynamic market-oriented economy characterized by a high level of foreign trade.

Currency: Chilean Peso (CLP).

Country Inflation: 8.7% (2008 est.) 2.0% (2009 est.).

City: Santiago is the capital and largest city of Chile.

City Economy: Santiago is the industrial and financial centre of Chile, and generates almost half the country’s GDP.

Cost of Living: Santiago has an overall cost of living index which equates it with middle cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Santiago is currently ranked 135 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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