Ultimate Guide to Traveling in Chile on a Budget

Travelers arriving in Chile from neighboring countries often experience an initial shock—not from the magnificent Andes or expansive glaciers, but rather from the notable cost of living.

As South America’s second-wealthiest country by GDP per capita, Chile presents higher daily expenses. Although alcoholic beverages, particularly its renowned wines, are relatively inexpensive, the prices for meals, groceries, transportation, and accommodations are comparable to many European and North American destinations. This is especially true in the southern regions like Patagonia. However, there are several effective strategies to save money while enjoying what Chile has to offer.

Make the Most of Your Tourist Card

Upon entering Chile on a tourist visa, you will receive a Tourist Card. It is vital to keep this card, as you will need to return it when you leave the country. Additionally, it can exempt you from the 19% room tax often charged to domestic tourists. Always present your passport and Tourist Card when checking into hotels and settle your bill with a foreign credit card.

Utilize Budget Airlines

While LATAM is the largest airline in Latin America, for domestic flights (or to neighboring South American countries), budget airlines like JetSmart and Sky Airline often provide more economical options. However, be vigilant about their baggage policies, as the basic fares usually only cover a small backpack.

Enjoy Affordable Local Wines

In Chile, wine can be as inexpensive as soda, which presents a perfect opportunity to indulge without breaking the bank. Local supermarkets such as Jumbo and Lider offer a wide selection of affordable wines. Sharing a bottle with friends in the evening not only enhances the experience but also saves money. Just be cautious of bottles labeled “dulce” if you prefer a dryer taste.

Shop at Local Markets

Local markets, or ferias, provide a fantastic way to enjoy fresh fruits, vegetables, and local delicacies at a fraction of the supermarket prices. These markets usually display a range of local produce, cheeses, eggs, seafood, and preserves, offering a glimpse into Chilean home cooking. It’s worth noting that bargaining is generally not accepted in these markets.

Take Advantage of Set Lunch Deals

For many Chileans, lunch is the main meal of the day. Numerous restaurants and cafes offer set lunch menus at an excellent price, which often include a three-course meal for between 6,000 and 8,000 CLP. This is also a great way to sample authentic Chilean cuisine, which may be harder to find at typical dining establishments.

Look for Tourist Discounts at Malls

If shopping for travel supplies or outdoor gear, consider visiting large malls like Costanera Center in Santiago. Many malls provide discounts of up to 20% for tourists who present a foreign passport. It’s recommended to register at the information desk to learn about discount opportunities.

Consider Camping

Chile’s rich outdoor culture is ideal for budget travelers, thanks to its numerous campgrounds spread across the Andean landscape and along the Pacific coast. Camping can offer a low-cost way to experience the natural beauty of the country, particularly in national parks. However, be prepared for chilly nights and consider renting a vehicle as most campgrounds are not near public transportation.

Be Cautious with Credit Card Fees

Credit card machines in Chile, particularly those from Transbank, might impose additional fees for foreign cards. It’s advisable to use a debit card when possible to avoid unexpected charges associated with transactions.

Enjoy Complimentary Hotel Breakfasts

Nearly all hotels in Chile include breakfast in the room price, potentially making them more cost-effective than renting an apartment—especially if you enjoy a hearty breakfast and can skip lunch. Many hotels offer generous buffet-style breakfasts to start your day right.

Travel Overnight by Bus

If you plan to cover significant distances in Chile, consider taking overnight buses. These buses are comfortable and often provide amenities like Wi-Fi and entertainment screens. Booking a semi-cama or salón-cama seat can enhance your comfort for extended trips. With inclusive baggage policies, this option tends to be the most economical way to travel long distances.

Plan Your Ski Trip for August

Surprisingly, August is an excellent time to ski in the Chilean Andes as it offers peak snow conditions while being off-peak for many resorts. With fewer crowds, you can enjoy the slopes without the hustle and bustle typical of the peak ski season.

Skip Expensive Wine Tours

Wineries may advertise elaborate, costly tours, yet you can generally try wines at the onsite cafes or bars for a more affordable experience. Sampling by the glass allows you to taste a broader selection at a fraction of the cost.

Use the Santiago Metro

Santiago’s metro system is intuitive and user-friendly, making it an affordable option to navigate the city. For less than a dollar, you can travel extensively across town. For frequent travelers, the rechargeable Tarjeta bip! card is the best choice.

Bring Groceries to Rapa Nui (Easter Island)

Food prices on Rapa Nui are notoriously high. Thus, bringing your groceries from the mainland is advisable. Your flight ticket typically includes at least one checked bag, allowing you to stock up on essentials.

Visit Patagonia in Off-Peak Months

January and February are peak tourist months in Patagonia, making it crowded and expensive. Instead, visit during December, March, or April when the weather remains favorable but crowds diminish, allowing for a more peaceful experience at this stunning destination.

Consider Tip-Based Tours

If you want to explore vibrant urban centers like Santiago or Valparaíso without overspending, look for tip-based tours. While the tours might be free, remember to budget for the gratuities that are expected at the end of your experience.

Estimated Daily Costs in Chile

• Hostel room for two: 25,000 CLP

• Basic room for two: 50,000 CLP

• Self-catering apartment (including Airbnb): 50,000 CLP

• Public transport ticket in Santiago: 700 CLP

• Coffee: 2,500 CLP

• Glass of Chilean wine: 4,000 CLP

• Sandwich: 6,000 CLP

• Empanada: 2,000 CLP

• Average daily cost per budget traveler: 27,000 CLP to 50,000 CLP