Living Wage Family in Chile decreased to 599700 CLP/Month in 2018 from 600000 CLP/Month in 2017. Chile Living Wage Family - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Living Wage Family in Chile averaged 594500 CLP/Month from 2015 until 2018, reaching an all time high of 600000 CLP/Month in 2017 and a record low of 584400 CLP/Month in 2016.

Living Wage Family in Chile is expected to reach 640000.00 CLP/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Living Wage Family is projected to trend around 640000.00 CLP/Month in 2021, according to our econometric models.

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Chile Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
599700.00 600000.00 600000.00 584400.00 2015 - 2018 CLP/Month yearly

Chile Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.