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Cost of Living in Buenos Aires, Argentina

Prices in Buenos Aires

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IndexInfo
Consumer Price Index (Excl.Rent): 69.86
Rent Index: 20.75
Groceries Index: 65.55
Restaurants Index: 66.10
Consumer Price Plus Rent Index: 46.09
Local Purchasing Power: 55.52

Currency: Default Currency      Switch to imperial measurement units
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Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 10.00 $
8.06
12.00
Meal for 2, Mid-range Restaurant, Three-course 40.00 $
30.00
50.00
Combo Meal at McDonalds or Similar 9.00 $
8.00
10.00
Domestic Beer (0.5 liter draught) 2.21 $
1.50
3.77
Imported Beer (0.33 liter bottle) 4.47 $
3.00
5.98
Cappuccino (regular) 3.22 $
2.42
4.00
Coke/Pepsi (0.33 liter bottle) 1.68 $
1.15
2.30
Water (0.33 liter bottle) 1.48 $
1.00
2.00
Markets [Edit] Avg.
Milk (regular), (1 liter) 1.25 $
1.00
1.50
Loaf of Fresh White Bread (500g) 1.70 $
1.30
2.00
Rice (white), (1kg) 1.83 $
1.37
2.50
Eggs (12) 2.39 $
2.00
2.93
Local Cheese (1kg) 10.77 $
8.50
13.00
Chicken Breasts (Boneless, Skinless), (1kg) 9.37 $
7.00
10.04
Apples (1kg) 2.35 $
2.00
2.94
Oranges (1kg) 1.25 $
1.00
1.90
Tomato (1kg) 2.34 $
1.71
3.00
Potato (1kg) 1.22 $
1.00
1.71
Lettuce (1 head) 1.28 $
1.00
2.00
Water (1.5 liter bottle) 1.21 $
1.00
1.50
Bottle of Wine (Mid-Range) 6.00 $
5.00
8.00
Domestic Beer (0.5 liter bottle) 1.47 $
1.00
2.00
Imported Beer (0.33 liter bottle) 2.67 $
2.00
3.62
Pack of Cigarettes (Marlboro) 1.97 $
1.71
2.00
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 0.43 $
0.30
0.55
Monthly Pass (Regular Price) 17.67 $
12.76
21.00
Taxi Start (Normal Tariff) 1.79 $
1.50
2.00
Taxi 1km (Normal Tariff) 1.00 $
0.83
2.00
Taxi 1hour Waiting (Normal Tariff) 10.24 $
9.60
12.15
Gasoline (1 liter) 1.35 $
1.20
1.49
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 $
21,050.00
26,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 121.43 $
76.27
150.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.37 $
0.25
0.50
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 34.29 $
25.64
40.12
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 48.15 $
32.00
67.85
Tennis Court Rent (1 Hour on Weekend) 17.67 $
12.76
22.75
Cinema, International Release, 1 Seat 8.23 $
7.00
10.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 97.83 $
80.00
110.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 68.57 $
55.00
80.00
1 Pair of Nike Shoes 115.96 $
100.00
131.18
1 Pair of Men Leather Shoes 119.58 $
95.79
141.33
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 490.78 $
400.00
600.00
Apartment (1 bedroom) Outside of Centre 372.47 $
318.88
500.00
Apartment (3 bedrooms) in City Centre 986.12 $
763.05
1,275.51
Apartment (3 bedrooms) Outside of Centre 769.22 $
586.08
1,000.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 2,753.16 $
2,200.00
3,500.00
Price per Square Meter to Buy Apartment Outside of Centre 1,915.13 $
1,400.00
2,600.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 1,124.13 $
800.00
1,500.00
Mortgage Interest Rate in Percentages (%), Yearly 20.78
18.00
25.00

These data are based on 2334 entries in the past 18 months from 183 different contributors.

Last update: April, 2014

Sources and References : Info
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25 Comments so far

#Marcelo on Feb 12, 2014 :
I'm from Buenos Aires. Inflation rate of 30% together with arbitrary goverment restrictions on foreign currency and a big compromise on lying on every possible economic statistic to make it look nice make price estimation difficult and, especially, unlastling. Unlike other cities, rent varies a LOT depending on the neighborhood, although I suggest you check where you go. I recommend to anyone visiting buenos aires check pages like dolarhoy to view real rates which are the ones that local people have access to and give a better perception of prices.
#St.John on Feb 10, 2014 :
Internet (5 Mbps, Unlimited Data, Cable/ADSL) from SuperCanal is AR$ 271/month from 1 February 2014.

The price for Rent Per Month is completely out of sync - the real price for a very ordinary departemento in Buenos Aires is around twice the average amount shown, although you may be able to find a cot in a shelter, a pile of hay under a bridge or a room in a shared apartment for U$S 500.
#St.John on Feb 10, 2014 :
With the inflation level in Argentina (20-30 percent a year since 2010; 63 percent since 1 January 2013; 23 percent since 1 january 2014), any price more than 3 months old is completely misleading.
#fulvio on Feb 02, 2014 :
For foreigners the paraller excange rate should apply which is 50% highet then the official one
#Mathias on Jan 24, 2014 :
Hello, Argentinians are all putos. Live Uruguay!!
#Gabriel on Aug 08, 2013 :
Salario promedio en Buenos Aires a finales del 2012 medido por el Instituto Argentino para el Desarrollo de las Economías Regionales (es una organización que no depende del gobierno nacional ni de ningún gobierno provincial) es de Ar$ 7230 (al cambio de hoy US$ 1310), el link que dejo fue publicado en la sección sobre economía del diario Clarin que es anti gobierno.
#paul on May 10, 2013 :
This market prices are OK if you are some expat living in a fancy neighborhood like recoleta, but you can find a lot of much cheaper prices in working class neighborhoods, some of them could be half. Rice at the supermarket in the corner is 3.50 a kilo, ofcourse if you go to carefour it will be more expensive. Buenos Aires has a big amplitude of prices, you are not showing the full range. For internet you qoute Fibertel wich is the most expensive one. And most of the people manage to get a discount or promo in things like internet, phone or entertainment. Having a discount on things is the rule and not the exception, unless you are a fool trying to look rich, or a real rich.
#Nicolas on Jan 22, 2013 :
The prices are still fine. If you want to be sure just add %10 but they are good. Some people in argentina are VERY STUPID and pay extra price because they want to feel rich. You can reach good general prices.
#Johana on Jan 02, 2013 :
If someone needs support for migratory matters, relocation, finding a gob in argentina, we could assist you. Just send me an email to info@immigrationsupport.com.ar
#Mladen on Dec 27, 2012 :
Hi guys, since ARS currency lost 13% against USD in the past 12 months, I'll change methodology so that for Argentina it calculates using USD. It will hopefully improve methodology since it looks like inflation in Argentina in the past two years was around 1-4% + USD/ARS exchange ratio.
#Zsusha on Dec 27, 2012 :
I have to agree with the above comment that these prices are not very correct, but it is very difficult in a city with such a high inflation rate so it's to be expected. We've lived here 2 years now and the difference is amazing from when we first came here. No I don't believe (from what my friends say) that the local wages are going up in comparison with the living expenses. They too are struggling and putting on brave faces. We went home (to NZ-to work) for 3 months and when we came back basic things like yogurt and ham and cheese had doubled (and will double again next month apparently - according to the owner of our local store). Anyway, it's still a great city but it's is getting harder. For those thinking about moving here, it's extremely difficult to plan expenses. Just so you know, an average apartment here in a nice area (furnished, expenses included) for a couple to live in is between 700US for basic without internet/aircon etc a month and $1500US for something nice. If you want something for a family I'd say around the $2000US a month mark is to be expected. Of course, you could maybe get cheaper if you know people -know the owners, but that takes time. My hubby and I budget $250US a week on living expenses (food, entertainment, every day life) but we have cheap lunches when we're out (bondiola) cook dinner at home-don't go out much to restaurants very often and don't drink much alcohol, don't smoke etc. We have people over for a simple dinner once a week. We do not buy clothes here, but stock up when we're home to avoid buying them here. We budget a further $50 for every 6 months we're here and have been about right so far. These are just our own experiences and our own knowledge. I'm sure others have had different experiences so I'm sure there are a differing of opinions. Our American friends use Xoom and that seems to make a huge difference to the rate they get, so I can recommend that for those of you from the States. Hope this helps someone in some way. I know when we moved here it was very hard to plan so I hope this helps a little! (Dec 2012).
#Anonymous on Nov 09, 2012 :
@Matog

I'm curious how is it possible that, for example XE.com and Google.com has almost official exchange rate and rate on the street differs? So it seems that you can buy Argentinian "street" peso cheap in BA and sell more expensive in USA? Or I'm missing something?
#Matog on Nov 08, 2012 :
@Israel.. u can find something decent for about USD $ 1200/1500 in palermo, utilities excluded. Oficial xchange rate is 4.8 AR$/USD, but the rate "on the street" is about 6.40 ARS/USD.. so if you know where to sell your dollars, it gets about 30% cheaper..
Drougs & booz, and really cheap here, a decent whore is not
#Israel on Nov 01, 2012 :
What's the exchange rate? I was freaking out when I saw that rent cost around $3000 and up! But then I realized here that you guys use the same symbol ($) for your currency as we do in the US. Could someone tell me in dollars how much would it cost to live in Palermo for a family of 4 adults and 2 kids. Thanks! (I know that an exact number would be impossible, but I just wanted to have an idea)
#Gabriel on Sep 11, 2012 :
Jason, this is not an expat blog and you didn't add up anything positive or useful in your comment, there is a crime rate section here and if you consider Buenos Aires is a havoc and heaven of criminality go to that section and put your statistics with its respective sources if you don't provide them you're "hablando por boca de ganso" and that's a big no no in this site, but hey you can now show your American friends the Argentine number one hobby: complaining just because it's free you learn it very well, i can almost tell you're an Argentine person pretending to be an American! Congrats for that
# facka on Sep 10, 2012 :

Why the negative comments ? buenos aires is a big city, with the same problems any big city has. Living in NYC is not all that different than living in BA.

Its expensive yet some stuff are still cheap ( a subway pass for 0.50 dollars, come on !) , its safe in some areas and not so safe in others, theres always something to do, yet you can feel bored sometimes.

Im surprised that some retard dared to compare BsAs to Miami. BSAS kicks Miami`s ass in almost every single way possible ! is there a more BLAH city than Miami ? its the most generic city i`ve ever seen in my entire life : no taste, no personality, no real fun, mainly boring as fuck.

Yes, inflation sucks. But somehow is still the most visited city in ALL south america, and millions live a happy life here !
#Jason on Sep 05, 2012 :
Inflation has been around 25% for a couple years at least, but the government fines private economists for saying so and declares the official rate at less than 10%. Everyone is icketing for higher minimum wage (and getting it). I have been here for over a year and am disappointed at the economic condition. Ask most educated Argentines and it not going well. I am actually surprised to see this COL index compared to other intl cities and don't think it is right. It's all cyclical though, so after another crash in a couple years, make plans to come down! Be careful, the street crime is getting terrible.
#Gabriel on Aug 25, 2012 :
Entrada de cine para el estreno de una pelicula internacional Ar$44 o sea 9.60 dolares
#Gabriel on Aug 17, 2012 :
Alquiler de cancha de tenis AR$105 o sea US$23 en Complejo Deportivo el Circulo, es algo barato porque despues de esto las opciones son mas caras (Buenos Aires Lawn Tennis o Vilas Club)
#Gabriel on Jul 29, 2012 :
Todo esta muy por debajo del precio real:
*Restaurants:
-Una comida en un lugar barato, digamos una pizzeria de barrio una pizza a la calabresa grande esta en $50, 4 porciones de faina $16, una Quilmes $15, al dolar de hoy eso hace US$ 17.70 como un promedio.
-Comida para dos de tres platos (entrada, plato principal, postre y bebida) en un lugar de rango medio, digamos La Farola (no es una pizzeria de barrio y no es el resto del hotel Alvear asi que es intermedio), suponiendo que se pide de entrada matambre con rusa a $46 y una ensalada Pacifico a $46 + plato principal de sorrentinos de jyq con s/boloñesa a $47 y una suprema de pollo napolitana con fritas a $58 + postre flan $17 y un postre almendrado a $25 + una coca a $17 nos da un total de $256 para dos personas, o sea US$ 56 al cambio de hoy.
Eso en para delivery, si te queres sentar a comer en el local sumales unos pesos mas de tenedor.
Fuente: www.pedidosya.com.ar
*Markets es muy variable dependiendo de inflacion y estacionalidad del producto.
*Servicios:
Internet 6 MB de Fibertel sin promocion esta a $215 o sea US$ 47
Fuente: http://www.fibertel.com.ar/seccion-330-6megas.html
*Alquileres:
Como centro de la ciudad voy a poner a Retiro porque no es como Recoleta o Palermo pero tampoco es como Balvanera o San Nicolas, en promedio se podria decir que para un dos ambientes en buenas condiciones esta en unos $2500 o US$ 547 (aparecen mas paginas de avisos entre las franjas de 2000 y 3000 pesos entonces tomo el promedio de los dos) pero esto es sin expensas que para un 2 ambientes van desde los $400 a $1000 segun barrio y administracion del edificio pero si hacemos un promedio nos da $700 de expensas lo que parece bastante razonable si sumamos los $2500 de alquiler mas los $700 de expensas nos da un promedio de $3200 o US$ 700 mensuales sin tomar en cuenta el aumento del 20% que se cobra siempre por el segundo año, para el resto tambien hay diferencias sustanciales. Aclaracion: la mayoria de las personas en la Capital Federal se aglutina en la franja que va de avenida Rivadavia al norte, la zona sur es la menos elegida y la menos poblada, por eso al sacar un promedio se debe utilizar barrios de la zona donde vive la mayoria.
Fuente: http://propiedades.zonaprop.com.ar/alquiler-departamentos-capital-federal-retiro-2-amb/ncZ1_opZtipo-operacion-alquiler_lnZ3656_prZars-500-0_caZcantidad-ambientes-2_soZprasc_pnZ7
*Salarios:
El promedio del salario en la Argentina es de US$ 1108 segun la Organizacion Internacional del Trabajo realizada en 2009 y puesta a disposicion en Abril de 2012, un poco tarde, por lo que ahora debe ser algo mayor despues de 3 años de realizado el estudio, aunque esa cifra muestra el promedio de la Argentina y no solo de Buenos Aires.
Fuente: http://www.larazon.com.ar/economia/salario-promedio-Argentina-US_0_340500029.html
Eso de poner cifras muy conservadoras en cualquier cosa fue siempre comun entre los argentinos por lo que no me sorprende que los numeros expuestos aca no sean los mas precisos
#Nelsen on May 01, 2012 :
Wait for the economy to come down again, buy real estate for very very low prices, then see the prices come up again, then sell. Rinse and repeat every 10 years or so.
#Matias on Apr 13, 2012 :
don't be fooled..
real inflation is around 25/30% a year..
these prices are from like 2 years ago, now it's more expensive than miami, and if you think of quality of life.. well.. you'd better stay home.
#Mladen on Apr 02, 2012 :
John, I've read that inflation is around 12% but salaries are going up 25% per year.
#John on Mar 31, 2012 :
The key is in the *monthly* salary, which is very low for most. By the end of the month, the fridge is empty, and all we can do is wait.
#Ronnie on Mar 29, 2012 :
I find it interesting that prices on anything to do with fuel is rather cheap compared to things here in the US.

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