Also, the land of incredibly cheap great quality wine.
For about USD $7 you get a bottle of Cavernet Sauvignon Casillero del Diablo, which is your safe bet for something reliable, cheap and goof; for about $20 you get a bottle of Cavernet Sauvignon Marqués de Casa Concha, which is GREAT quality, world class, still really cheap, or a Carmenere Casa Real for about the same. Both INCREDIBLE.
For $13 you get a bottle of great Sauvignon Blanc Amaral.
These are all safe bets, you can find better stuff cheaper probably, if you are willing to try.
You can also poison yourself with Gato or stuff in carton boxes, but even with the price, it still is good; much better than anything in the price range anywhere else in the world.
In beer, continuing with the safe bets, the GOAT IMO is the Kunstmann Torobayo (bottled, not canned, don't let anyone tell you they are the same, they are not); but there are tons of great "indie" beers, probably at a better price.
In regular shitty beer, I can't help you, I think the "Coronitas" are the best, and by far the best size, 250ml is better than 350ml in beer, IMO.
There is also tons of great Champagnes (the more Brut the better), Pisco, and other types of alcohol, which are mostly great and really really cheap.
We lack in Whisky, but that's OK, because Whisky is a lonely drink, and there is nothing sadder than getting drunk alone.