Punta Arenas, the capital of the Magallanes y la Antártica Chilena Region, has a population of 120,000.
From the Punta Arenas Travel Guide
Average cheapest prices by month for budget accommodation in Punta Arenas
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Fantastic...great value, friendly and good facilities. felt very good to be there! ... more
Located a wee bit away from the town center, this was a decently nice place, although our room was right next to the common area, with plaster thin walls, which means we were woken up each morning by the setting of breakfast, and kept awake by people talking in there. ... more