Last update: Nov 2026

Cost of Living Comparison Between London and Iquique

For one person, living is cheaper in Iquique: $1,005 a month against $4,048 in London, rent and utilities included – about $36,500 less a year. Rent and utilities account for most of the difference.

196

Cost of Living Index in London
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London Living Index
48

Cost of Living Index in Iquique
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Iquique Living Index

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London

🇬🇧 United Kingdom

$4,048

/mo nomad

Iquique

🇨🇱 Chile

$1,005

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Iquique

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in London and in Iquique actually costs, broken down by who's living it.

Monthly costs for one person with rent: $4,048 in London versus $1,005 in Iquique.

London $4,048
Iquique $1,005

Estimated couple costs with rent: $5,903 in London versus $1,595 in Iquique.

London $5,903
Iquique $1,595

Monthly costs for a family of three with rent: $7,758 in London versus $2,184 in Iquique.

London $7,758
Iquique $2,184

Living in London is roughly 303% more expensive than in Iquique, and outside of rent the biggest gap is in transport.

The two cities straddle the global median: London is 199% above, Iquique is 26% below.

Meal at Budget Restaurant

$26.36 £19.68

$7.87 CLP 7,707

234.94%

Three-Course Dinner for Two, Mid-Range

$109 £81.1

$41.43 CLP 40.6K

162.06%

Fast Food Meal (McDonalds, etc)

$10.71 £8.00

$7.11 CLP 6,962

50.63%

Cappuccino

$5.59 £4.17

$3.34 CLP 3,270

67.37%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.00 £2.24

$1.23 CLP 1,204

143.90%

Water (0.33 liter bottle)

$2.22 £1.66

$1.03 CLP 1,009

115.53%

Local Beer (0.5 liter draught)

$9.65 £7.20

$3.24 CLP 3,175

197.84%

Imported Beer (0.33 liter bottle)

$8.26 £6.16

$3.65 CLP 3,573

126.30%

Milk (1 liter)

$1.97 £1.47

$1.13 CLP 1,105

74.34%

White Bread (500g)

$2.09 £1.56

$1.13 CLP 1,110

84.96%

Rice (white) (1kg)

$2.59 £1.94

$1.35 CLP 1,325

91.85%

Eggs

$5.37 £4.01

$3.00 CLP 2,934

79.00%

Local Cheese (1kg)

$13.12 £9.79

$10.06 CLP 9,854

30.42%

Chicken Fillets (1kg)

$11.03 £8.23

$10.32 CLP 10.1K

6.88%

Beef Round Steak (1kg)

$17.73 £13.23

Apples (1kg)

$3.17 £2.37

$2.23 CLP 2,182

42.15%

Banana (1kg)

$1.38 £1.03

$2.22 CLP 2,171

-37.84%

Oranges (1kg)

$2.82 £2.11

$1.52 CLP 1,487

85.53%

Tomato (1kg)

$3.36 £2.51

$1.05 CLP 1,033

220.00%

Potato (1kg)

$1.70 £1.27

$0.78 CLP 762

117.95%

Onion (1kg)

$1.78 £1.33

$0.59 CLP 579

201.69%

Lettuce (1 head)

$1.49 £1.11

$1.05 CLP 1,025

41.90%

Water (1.5 liter bottle)

$1.82 £1.36

$1.36 CLP 1,331

33.82%

Cigarettes 20 Pack (Marlboro, Camel)

$23.85 £17.80

$7.26 CLP 7,104

228.51%

Wine (Bottle)

$13.44 £10.03

$7.69 CLP 7,528

74.77%

Local Beer (0.5 liter bottle)

$3.11 £2.32

Imported Beer (0.33 liter bottle)

$4.49 £3.35

$0.79 CLP 775

468.35%

One-way Ticket (Public Transport)

$4.13 £3.08

$0.67 CLP 659

516.42%

Public Transport Monthly Pass (Regular Price)

$266 £199

Taxi Start (Normal Tariff)

$5.98 £4.46

Taxi (Normal Tariff) (1km)

$3.39 £2.53

Taxi 1hour Waiting (Normal Tariff)

$56.6 £42.21

Gasoline (1 liter)

$2.21 £1.65

$1.41 CLP 1,384

56.74%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$38.3K £28.6K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$41.0K £30.6K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$372 £278

$86.5 CLP 84.7K

330.42%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$18.66 £13.93

$15.25 CLP 14.9K

22.36%

Internet (50+ Mbps, Unlimited Data)

$40.53 £30.26

$23.65 CLP 23.2K

71.37%

Gym Membership (Monthly)

$56.0 £41.82

$50.3 CLP 49.3K

11.35%

Tennis Court (1 Hour on Weekend)

$17.10 £12.76

Cinema Ticket

$17.95 £13.40

$6.95 CLP 6,809

158.27%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$2,946 £2,199

$260 CLP 254.3K

1033.95%

International Primary School, 1 Child (Yearly)

$47.6K £35.5K

Jeans (Levis 501 Or Similar)

$116 £86.8

$30.02 CLP 29.4K

287.21%

Summer Dress (H&M, Zara, etc)

$56.9 £42.47

$22.90 CLP 22.4K

148.47%

Sport Shoes (Adidas, Nike)

$128 £95.5

$45.32 CLP 44.4K

182.26%

Men's Leather Business Shoes

$154 £115

$57.6 CLP 56.4K

167.06%

1-bedroom Apartment, City Center (Monthly)

$2,935 £2,191

$415 CLP 406.3K

607.35%

1-bedroom Apartment, Outside City Center (Monthly)

$2,258 £1,686

$387 CLP 379.4K

482.79%

3-bedroom Apartment, City Center (Monthly)

$5,250 £3,919

$682 CLP 668.1K

669.36%

3-bedroom Apartment, Outside City Center (Monthly)

$3,859 £2,881

$775 CLP 759.3K

397.64%

Buy Apartment in City Center (m2)

$17.2K £12.8K

$1,731 CLP 1.7M

892.74%

Buy Apartment Outside City Center (m2)

$8,278 £6,179

$1,945 CLP 1.9M

325.66%

Average Monthly Net Salary (After Tax)

$5,621 £4,196

$938 CLP 918.4K

499.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.78

7.5

-36.27%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for London: November 1, 2026

Last update for Iquique: November 1, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

London

$2.3K 55.8%

Iquique

$387 38.5% 82.8% $1.9K

Monthly Utilities & Internet

London

$432 10.7%

Iquique

$125 12.5% 70.9% $306

Eating Out

London

$396 9.8%

Iquique

$157 15.6% 60.3% $239

Groceries & Markets

London

$360 8.9%

Iquique

$199 * 19.8% 44.9% $162

Getting Around

London

$305 7.6%

Iquique

$2.7 * 0.3% 99.1% $303

Clothing & Footwear

London

$205 5.1%

Iquique

$70 7% 65.7% $135

Sport & Entertainment

London

$92 2.3%

Iquique

$64 6.4% 30.1% $28

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $2,935 in London and $415 in Iquique. Housing cost is often the main lever when comparing two cities.

London pays about 6 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $109 in London vs $41 in Iquique for a mid-range dinner for two. Groceries echo the gap at $360 vs $199 per month, with Iquique cheaper across the board.

Good to know

🇬🇧 London

🇨🇱 Iquique

🕒 Local time

13:22 1:22 PM

10:22 10:22 AM

3 h behind London

🌤 Weather

👥 Population

8,908,083 Capital

188,003

💱 Currency

British Pound GBP £

Chilean Peso CLP $

📈 Exchange rate

1 GBP = 1.34 USD

1 GBP = 1.19 EUR

10,000 CLP = 10.21 USD

10,000 CLP = 9.09 EUR

Exchange rates and currency converter

CLP, USD, EUR to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of November 6, 2026: 1 USD = 0.747 GBP (1 GBP = 1.34 USD). 1 EUR = 0.838 GBP (1 GBP = 1.19 EUR).

Chilean Peso exchange rates as of November 6, 2026: 1 USD = 979 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,100 CLP (10,000 CLP = 9.09 EUR).

USD to GBP in detail →

On the map

Lowest

Highest

Between locations

London Iquique 10,460 km ≈ 14 h nonstop flight

From you

London
Iquique

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

London vs Iquique: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $4,048 in London and $1,005 in Iquique, so Iquique is about 75% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in London is about 6 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,935 in London versus $415 in Iquique. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 81% higher in London. For households that cook at home regularly, that difference adds up over a month.

All in, you’ll spend $4,048 per month in London versus $1,005 in Iquique – Iquique is about 75% cheaper, which adds up to real savings over time.

At $1,005 in Iquique versus $4,048 in London, a $2,000 budget is realistic in Iquique but tight or insufficient in London. The gap between the two cities makes Iquique the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Iquique wins on affordability, London on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.