Surprisingly Affordable College Towns You Can Actually Live In

By

Lisette Marie

December 8, 2025

14. Valparaíso, Chile (Pontifical Catholic University of Valparaíso)

Valparaiso Skyline with Lutheran Church - Valparaiso, Chile. Photo Credit: Envato @diegograndi

Known for its colorful hillside homes, street art, and stunning ocean views, Valparaíso is a thriving university city with a cost of living significantly lower than Santiago. Rent, food, and transportation are all budget-friendly, and its bohemian atmosphere makes it a paradise for creatives and students alike. With vibrant nightlife, cultural events, and a strong coffee scene, Valparaíso offers an incredible quality of life at a fraction of the price of major South American capitals.

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