27,600 CP / £26 / $37.75. average cost of a dorm bed. As regular readers will be aware, we can normally afford to stay in doubles. But, alas, this is not so in Chile, where doubles often cost at least three times the price of a dorm bed. The cost of living in Chile is close to 40% lower than in the United States. Most retirees will find that they can live reasonably well on $1,500 to $2,000 a month. The average value for Chile during that period was 843.76 Chilean Peso with a minimum of 831.20 Chilean Peso on 08-Jul-2019 and a maximum of 854.00 Chilean Peso on 29-Jul-2019. For comparison, the average price of gasoline in the world for this period is 1,053.28 Chilean Peso.