A person working in Chile typically earns around 1,870,000 CLP per month. Salaries range from 473,000 CLP (lowest average) to 8,340,000 CLP (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

What is the average income in Chile 2020?

What is the average salary in Chile? 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).

What is the average income of a family in Chile?

We see that the average household income was 511,929 Chilean pesos (930 dollars). The median on the other hand, is 338,929 (615 dollars). In the case of income distributions with a long tail, the median is a better indicator of mean income than the average income.

What income level is Chile?

Chileans earn USD 25 879 per year on average, much less than the OECD average of USD 43 241.

How much money do you need to live in Chile?

Average Cost to Retire in Chile Retirees should be able to live comfortably on $2,500 to $3,000 per month, according to InternationalLiving.com. The national average for utility costs (include garbage service, electricity, and water) is $100, according to Numbeo.

What jobs are there in Chile?

These industries include occupations such as doctors and other health care professionals; teachers and other government employees; clerks in shops, banks, and insurance companies; and restaurant and hotel workers. Tourism is of growing importance.

What are common jobs in Chile?

What is minimum wage 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).

How much does the average person make in Chile?

Based on our survey (160 individual salary profiles) average GROSS salary in Chile is CLP 35,436,933. Average NET salary is CLP 27,987,981. The most frequent GROSS salary is CLP 9,446,016.

How is the annual salary increase in Chile calculated?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency “ The average salary increase in one year (12 months) in Chile is 4%. ” Listed above are the average annual increase rates for each industry in Chile for the year 2019.

What is the percentage of income held by the lowest 10% in Chile?

The value for Income share held by lowest 10% in Chile was 1.90 as of 2017. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1.90 in 2017 and a minimum value of 1.20 in 1987.

What’s the minimum wage in Santiago, Chile?

The minimum salary in Santiago, Chile, established by the Chilean government on March, 2019 is 301.000 CLP, which equals to roughly 433 USD as of January 2019.