7. Puerto Montt
IM Score: 22
Rent Cost: $335
Hospital to Population Ratio: 58,646
Flight to U.S. Cost: $1,341
Quality of Urban Life Index Rank: 30
If you have a tight budget, then Puerto Montt, the next one on our list of best places to retire in Chile is the city for you, unless you want to travel to the United States a lot. The rent cost in the lowest on our lists, but the flight cost is the highest since the city is located in the south of Chile. There are plenty of things to enjoy in Puerto Montt, but keep in mind that most of them belong to the category of natural attractions.