Cost Of Living in Rancagua 2025

Average monthly spending for singles, couples, students, and families in Rancagua

Whether you're living in Rancagua or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Singles

The average monthly expense for a single person living in Rancagua is 1.6M CLP. Expenses can range from 230,000 CLP at the minimum level to 11M CLP at the highest end.

Couples

The average monthly spending of couples in Rancagua is 2.7M CLP. Expenditure can range from 890,000 CLP to 14M CLP per month.

Families

The average cost of living for families in Rancagua is 3.5M CLP per month. Families spend anywhere from 1.2M CLP to 23M CLP.

Students

The average monthly expenditure for students in Rancagua is 1.2M CLP. Students spend from 180,000 CLP to 7.7M CLP per month.

Expenditure to Income Ratio in Rancagua

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.

Expense to income distribution levels

Interpretation and Analysis

The average spending-to-salary ratio in Rancagua is 79% This means that on average, people spend around 79% of their income for living. According to the distribution table, 17% of the population spend approximately 60% to 70% of their income every month.

Individual
71%
Spending-Income-Ratio

---

64%

78%

Couple
75%
Spending-Income-Ratio

---

68%

83%

Family
83%
Spending-Income-Ratio

---

75%

91%

How do people spend their money in Rancagua?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

People living in Rancagua typically spend from 15% to 34% of their total monthly expenditure on housing with 26% being the average. The average spend on housing is 690,000 CLP with expenditure ranging from 53,000 CLP to 6.9M CLP. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utility expenditure like electricity, water, and gas in Rancagua ranges from 4% to 11% of total expenses with 7% being the average. The average monthly cost of utilities is 120,000 CLP with 8,900 CLP and 1.2M CLP being the upper and lower limits.

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 18,000 CLP to 2.3M CLP on commuting with 230,000 CLP being the norm for most people in one month. This means that money spent on transport constitutes about 8% of total spending on average but can go as low as 4% or as high as 12%.

The average outlay on groceries in a month in Rancagua is 580,000 CLP. The cost of groceries can range between 44,000 CLP to 5.8M CLP. People spend on average about 27% on food and groceries with upper and lower bounds of 19% and 33% respectively.

People in Rancagua allocate 4% to 12% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 9%. The range of medical expenses range from 12,000 CLP to 1.6M CLP with 160,000 CLP being the norm.

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 7,100 CLP to 920,000 CLP with 92,000 CLP being the average. Speaking of percentages, that equates to 3% to 9% of total expenses with an average of 5% for most residents.

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 6% of the monthly expenditure with 4% and 12% being the lower and upper bounds respectively. The average reported education cost is 140,000 CLP per month with 11,000 CLP being the minimum spent amount and 1.4M CLP being the maximum.

How much money can you save in Rancagua every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.

What percentage of people in Rancagua manage to save money from their income every month?

Almost 58% of the surveyed people in Rancagua said that they can save some money at the end of each month while 42% said that aren't saving anything.

Percentage of people saving money by population group in Rancagua

Saving to Income Ratio

Average Monthly Saved Amount

For most people, 8.3% to 27% of their monthly income is what they can allocate to their savings, with 14% being the average. The amount of money that people can save is approximately 850,000 CLP on average with savings ranging from 66,000 CLP to 8.5M CLP.

63% of surveyed singles reported some of their income going to savings while 58% of couples said the same. 54% of families confirmed their ability to save money.

How much money do people actually save in Rancagua?

Singles

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for singles

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 11% to 29% of their monthly income to savings, with 18% being the average for most singles. The average amount of money that singles are able to save is 590,000 CLP with 66,000 CLP and 3.9M CLP being the minimum and maximum respectively.

Couples

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for couples

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 9.3% to 28% of their monthly income, with 16% being the average for most couples. The average amount of money that couples can save is 980,000 CLP with 330,000 CLP and 5.3M CLP being the minimum and maximum respectively.

Families

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for families

Interpretation and Analysis

Families in Rancagua can save anywhere between 7.4% to 25% of their monthly income, with 14% being the average for most families. The average amount of money that families can put aside is 1.3M CLP with 460,000 CLP and 8.5M CLP being the minimum and maximum respectively.

Saving Challenges in Rancagua

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Rancagua. Listed below are the answers given by the survey participants.

Around 6% of the people said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 17% of the residents said that they are burdened with debt and find it challenging to save money. 11% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 10% blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 18% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 11% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Typical saving choices for people in Rancagua

Where do people choose to put their savings?

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

• 50% for needs and financial obligations

  This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

• 30% for wants and discretionary spending

  This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

• 20% for savings and emergency fund

  This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

Affordable living in Rancagua

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Rancagua?

Around 63% of surveyed residents think that living in Rancagua is affordable with proper budgeting while 37% reported that it is just too expensive and not affordable even with frugality and thriftness.

Low-cost alternatives in Rancagua

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options55%

Few low-cost options45%

Based on the survey, 55% of the people living in Rancagua have no problem finding low-cost alternatives to support a frugal lifestyle while 45% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents of Rancagua whether they have an emergency fund and the answers were as follows.

Yes60%

No40%

Based on the survey, 40% of the people living in Rancagua said that they don't have an emergency fund while 60% said that they do.

Financial Literacy in Chile

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy63%

We asked residents of Chile whether they acquired any adequate personal financial training in their lives. Approximately 37% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 63% said that they know about the general principles of personal finance from sources other than their own experience.

Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of Chile have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 35% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 65% said that they have everything under control.

Struggles with finance35%

Easily manages finances65%

Financial goals of people in Rancagua

In an attempt to understand the economic situation in Rancagua, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.

Around 7% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 35% said their number one priority is to pay off high-interest debt or loans and improve credit. 8% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 8% reported that their priority is saving for the tuition fees and education costs of their children while 17% choose to buy a home or pay off existing mortgage before other things. 8% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 10% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 10% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Retirement, pension plans, and life after work in Rancagua

What does the retirement lifestyle look like in Rancagua and how much retirement savings are required?

Retirement age

The retirement age for most employees in Chile is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.

Retirement Income Distribution

We asked residents of Rancagua about their retirement income sources and below are the results.

Retirement Monthly Expenses in Rancagua

Debt, loans, and mortgages in Rancagua

Percentage of people who are in debt

According to the survey, 26% of the people in Rancagua have some kind of debt, loan, mortgage, or credit card payments while 74% reported that they don't have financial obligations to banks.

Debt-to-income ratio in Rancagua

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 28% of the people's monthly income in Rancagua goes to debt settlement.

Debt levels

Monthly debt settlement payment as percentage of monthly income

According to our data, 3% of the debtors in Rancagua pay 60%+ of their income as debt settlement while 13% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 12% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 14% dedicated 30% to 40% of income for same. Things are looking brighter for 14% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.

Distribution by type of debt in Rancagua

12% of debtors in Rancagua confirm that real estate mortgages constitutes the main part of their outstanding debt while 26% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 21% of people and personal loans rose at 38%. Lastly, student loans are the main source of debt for 3% of debtors in Rancagua.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.

Loan Affordability Index in Rancagua

Besides measuring the loan-to-income ratio, we asked residents of Rancagua how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Housing costs, accommodation, and housing affordability in Rancagua

Rent Cost in Rancagua

Monthly Rent Prices

Studio apartment monthly rent cost

200,000 CLP

300,000 CLP

810,000 CLP

MINIMUM

AVERAGE

MAXIMUM

$210

$310

$830

1-bedroom apartment monthly rent cost

300,000 CLP

490,000 CLP

1.2M CLP

MINIMUM

AVERAGE

MAXIMUM

$310

$500

$1,200

2-bedroom apartment monthly rent cost

400,000 CLP

610,000 CLP

1.6M CLP

MINIMUM

AVERAGE

MAXIMUM

$420

$620

$1,700

3-bedroom apartment monthly rent cost

490,000 CLP

810,000 CLP

2.2M CLP

MINIMUM

AVERAGE

MAXIMUM

$500

$830

$2,300

Furnished apartment monthly rent cost

970,000 CLP

2.4M CLP

4.9M CLP

MINIMUM

AVERAGE

MAXIMUM

$1,000

$2,500

$5,000

Townhouse monthly rent cost

810,000 CLP

1.2M CLP

3.5M CLP

MINIMUM

AVERAGE

MAXIMUM

$830

$1,200

$3,600

House monthly rent cost

970,000 CLP

2.4M CLP

4.9M CLP

MINIMUM

AVERAGE

MAXIMUM

$1,000

$2,500

$5,000

Villa monthly rent cost

1.2M CLP

3M CLP

4.9M CLP

MINIMUM

AVERAGE

MAXIMUM

$1,200

$3,100

$5,000

The monthly rental cost of a studio apartment in Rancagua ranges between 200,000 CLP and 810,000 CLP, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 300,000 CLP to 1.2M CLP. Two-bedroom rentals rate ranges between 400,000 CLP and 1.6M CLP per month. The monthly rental for a three-bedroom apartment ranges from 490,000 CLP to 2.2M CLP. The average rent of a townhouse in Rancagua is around 1.2M CLP while house rental costs can be as high as 2.4M CLP per month. Finally, if you want to rent a villa, expect to pay anywhere from 1.2M CLP to 4.9M CLP per month.

Apartment and house prices in Rancagua

Cost of buying a property

Studio apartment price

40M CLP

61M CLP

120M CLP

MINIMUM

AVERAGE

MAXIMUM

$42,000

$62,000

$120,000

1-bedroom apartment price

49M CLP

81M CLP

300M CLP

MINIMUM

AVERAGE

MAXIMUM

$50,000

$83,000

$310,000

2-bedroom apartment price

81M CLP

240M CLP

490M CLP

MINIMUM

AVERAGE

MAXIMUM

$83,000

$250,000

$500,000

3-bedroom apartment price

270M CLP

400M CLP

1,200M CLP

MINIMUM

AVERAGE

MAXIMUM

$280,000

$420,000

$1.2M

Townhouse price

350M CLP

810M CLP

3,000M CLP

MINIMUM

AVERAGE

MAXIMUM

$360,000

$830,000

$3.1M

House price

400M CLP

2,400M CLP

3,500M CLP

MINIMUM

AVERAGE

MAXIMUM

$420,000

$2.5M

$3.6M

Villa price

490M CLP

2,700M CLP

4,000M CLP

MINIMUM

AVERAGE

MAXIMUM

$500,000

$2.8M

$4.2M

The average price of a studio apartment in Rancagua can range from 40M CLP to 120M CLP depending on location. One bedroom cost can be anywhere from 49M CLP to 300M CLP. A villa can cost you 2,700M CLP on average with prices ranging from 490M CLP to 4,000M CLP.

House / apartment prices to income ratio

Property prices in Rancagua can be x97 to x188 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x97 multiples of the average monthly salary in Rancagua.

Rent to income ratio

The average rent-to-income ratio in Rancagua is around 28%. This means that people pay 28% of their income for rent. Those figures can range from 19% to 37% depending on the salary, location, and type of property.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Rancagua

Energy, electricity, water, gas, internet, and mobile cost in Rancagua

Utility Bill Cost / Electricity + Water + Gas / Individual

14,000 CLP

96,000 CLP

640,000 CLP

MINIMUM

AVERAGE

MAXIMUM

$14

$98

$650

Utility Bill Cost / Electricity + Water + Gas / Couple

35,000 CLP

120,000 CLP

780,000 CLP

MINIMUM

AVERAGE

MAXIMUM

$36

$120

$800

Utility Bill Cost / Electricity + Water + Gas / Family

62,000 CLP

180,000 CLP

1.2M CLP

MINIMUM

AVERAGE

MAXIMUM

$64

$180

$1,200

Internet and cable cost

14,000 CLP

27,000 CLP

37,000 CLP

MINIMUM

AVERAGE

MAXIMUM

$14

$28

$38

Mobile phone bill and charges

11,000 CLP

18,000 CLP

55,000 CLP

MINIMUM

AVERAGE

MAXIMUM

$11

$19

$56

The average monthly expenditure for individuals on electricty, water, and gas in Rancagua ranges between 14,000 CLP and 640,000 CLP with average being 96,000 CLP, meanwhile the expenditure of couples is slightly higher at 120,000 CLP with 35,000 CLP and 780,000 CLP being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 180,000 CLP. The cost of internet and WiFi is unchanged among the three groups and ranges from 14,000 CLP to 37,000 CLP with 27,000 CLP being the average internet bill. Finally, the average monthly mobile charges is around 18,000 CLP but can range between 11,000 CLP and 55,000 CLP depending on consumption. Mobile charges include both calling minutes as well as data packages.

Energy / Utility expense to income ratio

The average utility-to-income ratio in Rancagua is around 5.6%. This means that people pay 5.6% of their income for energy, water, internet, and mobile charges. Those figures can range from 2.8% to 9.3% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Rancagua

Prices and cost of goods and services in Rancagua

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

2,700 CLP

5,500 CLP

9,100 CLP

MINIMUM

AVERAGE

MAXIMUM

$2.8

$5.6

$9.4

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Rancagua is approximatly 5,500 CLP with meal cost ranging from 2,700 CLP to 9,100 CLP. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

8,600 CLP

13,000 CLP

26,000 CLP

MINIMUM

AVERAGE

MAXIMUM

$8.8

$13

$27

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 8,600 CLP and 26,000 CLP with 13,000 CLP being the average price of a plate for one person at a regular restaurant in Rancagua.

Fine dining meal for one price

17,000 CLP

26,000 CLP

100,000 CLP

MINIMUM

AVERAGE

MAXIMUM

$18

$27

$110

The price range of a meal at fine-dining restaurant is 17,000 CLP to 100,000 CLP with the average cost being 26,000 CLP for one person. This is what you would expect to pay a top-tier diner in Rancagua.

Beverage prices, cappuccino, latte etc..

2,300 CLP

3,700 CLP

5,500 CLP

MINIMUM

AVERAGE

MAXIMUM

$2.3

$3.8

$5.6

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Rancagua is around 3,700 CLP. Price ranges between 2,300 CLP and 5,500 CLP depending on the type of beverage, the size, and optional add-ons.

Grocery and market costs

Large bottle of milk price

1,800 CLP

2,200 CLP

2,700 CLP

MINIMUM

AVERAGE

MAXIMUM

$1.9

$2.3

$2.8

The average price of a large bottle of milk in Rancagua is 2,200 CLP. The maximum what you would pay for milk is 2,700 CLP and the minimum being 1,800 CLP depending on the brand of milk and other properties.

12 eggs price

1,400 CLP

1,800 CLP

2,700 CLP

MINIMUM

AVERAGE

MAXIMUM

$1.4

$1.9

$2.8

A dozen eggs costs around 1,800 CLP on average with 1,400 CLP and 2,700 CLP being the lower and upper limits respectively.

Fresh whole chicken price

3,100 CLP

4,000 CLP

5,700 CLP

MINIMUM

AVERAGE

MAXIMUM

$3.2

$4.1

$5.9

The price range of a fresh whole chicken in Rancagua is between 3,100 CLP and 5,700 CLP depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 4,000 CLP.

Pack of beef price

3,700 CLP

5,500 CLP

11,000 CLP

MINIMUM

AVERAGE

MAXIMUM

$3.8

$5.6

$11

The price of a regular pack of beef or meat is around 5,500 CLP. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

1,500 CLP

2,000 CLP

2,900 CLP

MINIMUM

AVERAGE

MAXIMUM

$1.5

$2.1

$2.9

A bag of rice in Rancagua costs around 2,000 CLP on average with prices rangeing between 1,500 CLP and 2,900 CLP depending on the brand and quality.

Bag of tomatos price

550 CLP

730 CLP

1,400 CLP

MINIMUM

AVERAGE

MAXIMUM

$0.56

$0.75

$1.4

A bag of tomatoes costs anywhere from 550 CLP to 1,400 CLP. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

980 CLP

1,300 CLP

2,100 CLP

MINIMUM

AVERAGE

MAXIMUM

$1

$1.3

$2.2

A bag of apples costs 1,300 CLP on average. A bag of apples denotes 1Kg or 1lb depending on location.

Grocery and food expenditure to income ratio

The average grocery-to-income ratio in Rancagua is around 24%. This means that people spend 24% of their income on grocery and basic household items. The expenditure can range from 17% to 30% depending on salary and location.

Expenditure on food and grocery for every population group

A single person living alone spends approximately 260,000 CLP per month on grocery and food with expenditure fluctuating between 36,000 CLP and 1.7M CLP depending on location and the type of person. The average cost of food and groceries for a couple is around 370,000 CLP per month. That number can be get as low as 120,000 CLP or a high as 2M CLP. Families' spending on grocery ranges from 220,000 CLP to 4.1M CLP with the location, income, and size of the family being the most determinite factors.

SingleSpending habits, consumption analysis, and expenditure patterns for a single person living in Rancagua

CoupleAverage monthly living expenditure breaks and spending patterns for couples in Rancagua

FamilyAverage monthly expenses and break out of spending for families living in Rancagua

StudentCost of living and expenses break down for students living in Rancagua