Last update: Oct 2026

Cost of Living Comparison Between Santiago and New Providence

For one person, living is cheaper in Santiago: $1,206 a month against $2,134 in New Providence, rent and utilities included – about $11,100 less a year. Other living expenses account for most of the difference.

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Cost of Living Index in Santiago
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Santiago Living Index

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Santiago

🇨🇱 Chile

$1,206

/mo nomad

New Providence

🇧🇸 Bahamas

$2,134

/mo nomad

Monthly Cost of Living

How much you'll spend in Santiago and in New Providence

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

A single person spends $1,206 per month in Santiago vs $2,134 in New Providence, rent included.

Santiago $1,206
New Providence $2,134

A couple spends around $1,885 per month in Santiago vs $5,196 in New Providence, rent included.

Santiago $1,885
New Providence $5,196

A family of three spends $2,564 per month in Santiago vs $8,257 in New Providence, rent included.

Santiago $2,564
New Providence $8,257

Santiago is about 43% cheaper than New Providence, and outside of rent the biggest gap is in eating out.

Santiago sits 10% below the global median, while New Providence is 59% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$10.19 CLP 9,931

$74.6 BSD 74.6

-86.34%

Three-Course Dinner for Two, Mid-Range

$52.2 CLP 50.9K

$151 BSD 151

-65.48%

Fast Food Meal (McDonalds, etc)

$8.54 CLP 8,323

Cappuccino

$3.19 CLP 3,115

$5.40 BSD 5.40

-40.93%

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

$1.68 CLP 1,637

Water (0.33 liter bottle)

$1.22 CLP 1,191

Local Beer (0.5 liter draught)

$4.21 CLP 4,101

Imported Beer (0.33 liter bottle)

$4.66 CLP 4,539

Milk (1 liter)

$1.32 CLP 1,283

$2.17 BSD 2.17

-39.17%

White Bread (500g)

$1.80 CLP 1,756

$4.91 BSD 4.91

-63.34%

Rice (white) (1kg)

$1.58 CLP 1,543

$5.05 BSD 5.05

-68.71%

Eggs

$4.25 CLP 4,141

$10.12 BSD 10.12

-58.00%

Local Cheese (1kg)

$11.19 CLP 10.9K

$19.69 BSD 19.69

-43.17%

Chicken Fillets (1kg)

$6.75 CLP 6,580

$10.09 BSD 10.09

-33.10%

Beef Round Steak (1kg)

$10.67 CLP 10.4K

$20.37 BSD 20.37

-47.62%

Apples (1kg)

$2.04 CLP 1,991

$4.45 BSD 4.45

-54.16%

Banana (1kg)

$1.53 CLP 1,497

$6.10 BSD 6.10

-74.92%

Oranges (1kg)

$1.59 CLP 1,549

$7.17 BSD 7.17

-77.82%

Tomato (1kg)

$1.75 CLP 1,708

$4.02 BSD 4.02

-56.47%

Potato (1kg)

$1.08 CLP 1,051

$4.02 BSD 4.02

-73.13%

Onion (1kg)

$1.51 CLP 1,476

$2.95 BSD 2.95

-48.81%

Lettuce (1 head)

$1.17 CLP 1,145

$2.95 BSD 2.95

-60.34%

Water (1.5 liter bottle)

$1.07 CLP 1,041

$2.93 BSD 2.93

-63.48%

Cigarettes 20 Pack (Marlboro, Camel)

$5.14 CLP 5,015

$15.16 BSD 15.16

-66.09%

Wine (Bottle)

$5.88 CLP 5,732

$25.37 BSD 25.37

-76.82%

Local Beer (0.5 liter bottle)

$1.55 CLP 1,513

$3.72 BSD 3.72

-58.33%

Imported Beer (0.33 liter bottle)

$2.27 CLP 2,218

$4.08 BSD 4.08

-44.36%

One-way Ticket (Public Transport)

$0.85 CLP 829

Public Transport Monthly Pass (Regular Price)

$41.50 CLP 40.5K

Taxi Start (Normal Tariff)

$0.39 CLP 383

Taxi (Normal Tariff) (1km)

$0.84 CLP 820

Taxi 1hour Waiting (Normal Tariff)

$11.94 CLP 11.6K

Gasoline (1 liter)

$1.50 CLP 1,467

$1.76 BSD 1.76

-14.77%

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

$18.1K CLP 17.7M

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

$21.6K CLP 21.1M

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

$151 CLP 147.3K

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

$12.04 CLP 11.7K

$40.39 BSD 40.39

-70.19%

Internet (50+ Mbps, Unlimited Data)

$18.93 CLP 18.5K

$100 BSD 100

-81.10%

Gym Membership (Monthly)

$33.81 CLP 33.0K

$76.5 BSD 76.5

-55.80%

Tennis Court (1 Hour on Weekend)

$11.72 CLP 11.4K

Cinema Ticket

$7.37 CLP 7,185

$14.72 BSD 14.72

-49.93%

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

$434 CLP 423.3K

$1,525 BSD 1,525

-71.54%

International Primary School, 1 Child (Yearly)

$11.0K CLP 10.7M

$14.8K BSD 14.8K

-25.87%

Jeans (Levis 501 Or Similar)

$50.9 CLP 49.6K

Summer Dress (H&M, Zara, etc)

$29.16 CLP 28.4K

Sport Shoes (Adidas, Nike)

$67.4 CLP 65.7K

Men's Leather Business Shoes

$80.3 CLP 78.2K

1-bedroom Apartment, City Center (Monthly)

$555 CLP 540.8K

$1,518 BSD 1,518

-63.45%

1-bedroom Apartment, Outside City Center (Monthly)

$372 CLP 363.2K

$692 BSD 692

-46.17%

3-bedroom Apartment, City Center (Monthly)

$1,009 CLP 984.3K

3-bedroom Apartment, Outside City Center (Monthly)

$779 CLP 759.1K

$4,529 BSD 4,529

-82.81%

Buy Apartment in City Center (m2)

$2,671 CLP 2.6M

Buy Apartment Outside City Center (m2)

$2,622 CLP 2.6M

Average Monthly Net Salary (After Tax)

$791 CLP 771.7K

20-Year Fixed Mortgage Interest Rate (Annual %)

5.39

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

Last update for Santiago: October 4, 2026

Last update for New Providence: October 6, 2026

Monthly budget structure

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

Accommodation & Living

Santiago

$372 31.6%

New Providence

–

Groceries & Markets

Santiago

$236 20%

New Providence

–

Eating Out

Santiago

$187 15.9%

New Providence

–

Monthly Utilities & Internet

Santiago

$182 15.5%

New Providence

–

Clothing & Footwear

Santiago

$102 8.7%

New Providence

–

Getting Around

Santiago

$50 4.2%

New Providence

–

Sport & Entertainment

Santiago

$49 4.1%

New Providence

–

Cost Breakdown

A central one-bedroom costs $555 in Santiago versus $1,518 in New Providence. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $52.0 in Santiago versus $151 in New Providence. Monthly groceries follow the same trend: $236 vs $552 – making Santiago the more affordable choice for daily food spending.

Good to know

🇨🇱 Santiago

🇧🇸 New Providence

🕒 Local time

08:37 8:37 AM

07:37 7:37 AM

1 h behind Santiago

🌤 Weather

👥 Population

6,139,087 Capital

296,522

💱 Currency

Chilean Peso CLP $

Bahamian Dollar BSD $

📈 Exchange rate

10,000 CLP = 10.26 USD

10,000 CLP = 9.15 EUR

1 BSD = 1 USD

1 BSD = 0.892 EUR

Exchange rates and currency converter

BSD, USD, EUR to CLP – Chilean Peso Converter

🇺🇸 United States Dollar ($)

🇨🇱 Chilean Peso ($)

Chilean Peso exchange rates as of October 10, 2026: 1 USD = 975 CLP (1,000 CLP = 1.03 USD). 1 EUR = 1,093 CLP (10,000 CLP = 9.15 EUR).

Bahamian Dollar exchange rates as of October 10, 2026: 1 USD = 1 BSD (1 BSD = 1 USD). 1 EUR = 1.12 BSD (1 BSD = 0.892 EUR).

USD to CLP in detail →

On the map

Lowest

Highest

Between locations

Santiago New Providence 6,560 km ≈ 9 h nonstop flight

From you

Santiago
New Providence

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

Santiago vs New Providence: Cost of Living - Frequently Asked Questions

New Providence costs about 77% more than Santiago, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,809 per month in Santiago and $3,201 in New Providence. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Santiago, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,206 in Santiago and $2,134 in New Providence. That's a gap of about 77%.

Kindergarten costs $434 per month in Santiago and $1,525 in New Providence. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Santiago, where all-in costs run around $1,206, than in New Providence at $2,134. In Santiago it covers expenses comfortably, while in New Providence it requires careful planning or may not stretch far enough.

Families tend to lean toward Santiago – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Santiago. If higher salaries, better infrastructure, or specific career opportunities are the priority, New Providence makes more sense. Both are solid long-term options with distinct trade-offs.