Cost of Living in Buenos Aires

Summary about cost of living in Buenos Aires, Argentina:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 7.00 $ 4.23-10.00
Meal for 2 People, Mid-range Restaurant, Three-course 28.00 $ 20.00-50.00
McMeal at McDonalds (or Equivalent Combo Meal) 5.00 $ 5.00-8.00
Domestic Beer (1 pint draught) 1.85 $ 1.00-3.50
Imported Beer (12 oz small bottle) 2.41 $ 1.50-5.00
Cappuccino (regular) 1.86 $ 1.00-4.00
Coke/Pepsi (12 oz small bottle) 1.04 $ 0.60-2.00
Water (12 oz small bottle) 0.86 $ 0.50-2.00
Markets
Edit
Milk (regular), (1 gallon) 2.90 $ 1.74-4.06
Loaf of Fresh White Bread (1 lb) 1.11 $ 0.47-2.61
Rice (white), (1 lb) 0.45 $ 0.24-0.70
Eggs (regular) (12) 1.38 $ 0.66-2.40
Local Cheese (1 lb) 2.95 $ 1.63-5.51
Chicken Fillets (1 lb) 1.78 $ 0.82-2.72
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.05 $ 1.81-4.54
Apples (1 lb) 0.59 $ 0.34-1.14
Banana (1 lb) 0.51 $ 0.34-0.91
Oranges (1 lb) 0.34 $ 0.12-0.91
Tomato (1 lb) 0.64 $ 0.27-1.02
Potato (1 lb) 0.27 $ 0.11-0.52
Onion (1 lb) 0.33 $ 0.16-0.45
Lettuce (1 head) 1.04 $ 0.40-2.00
Water (1.5 liter bottle) 0.74 $ 0.40-1.20
Bottle of Wine (Mid-Range) 3.25 $ 2.00-7.30
Domestic Beer (0.5 liter bottle) 1.24 $ 0.70-1.92
Imported Beer (12 oz small bottle) 1.97 $ 1.00-2.67
Cigarettes 20 Pack (Marlboro) 2.20 $ 1.40-2.70
Transportation
Edit
One-way Ticket (Local Transport) 0.16 $ 0.10-0.30
Monthly Pass (Regular Price) 12.00 $ 5.00-20.00
Taxi Start (Normal Tariff) 1.00 $ 0.61-2.00
Taxi 1 mile (Normal Tariff) 0.80 $ 0.55-1.77
Taxi 1hour Waiting (Normal Tariff) 4.78 $ 2.83-6.00
Gasoline (1 gallon) 3.63 $ 2.27-4.92
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,125.00 $ 21,000.00-44,863.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,358.51 $ 20,000.00-30,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 47.44 $ 26.35-102.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.20 $ 0.01-0.30
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 22.90 $ 12.14-40.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 24.85 $ 12.00-39.00
Tennis Court Rent (1 Hour on Weekend) 8.57 $ 5.00-14.73
Cinema, International Release, 1 Seat 5.00 $ 4.00-8.65
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 236.15 $ 100.00-429.55
International Primary School, Yearly for 1 Child 5,063.42 $ 2,730.71-8,580.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 65.30 $ 30.00-105.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 44.75 $ 18.00-80.00
1 Pair of Nike Running Shoes (Mid-Range) 102.37 $ 50.00-155.00
1 Pair of Men Leather Business Shoes 91.89 $ 45.00-200.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 305.15 $ 200.00-500.00
Apartment (1 bedroom) Outside of Centre 237.55 $ 160.00-425.00
Apartment (3 bedrooms) in City Centre 634.96 $ 400.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 488.23 $ 300.00-1,200.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 244.17 $ 185.80-290.32
Price per Square Feet to Buy Apartment Outside of Centre 197.28 $ 162.58-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 408.59 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 44.17 28.00-70.00

Prices in Buenos Aires

This city had 1823 entries in the past 12 months by 155 different contributors.
Last update: August 2022
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50 Comments so far
Anonymous on Jul 26, 2022:
Argentina needs to live like Venezuelans but they're very close to it now. But your president continues to bury Argentina.Many foreigners have left investors too especially since nothing is stable including the banks. Put your money in an Argentina bank watch it disappear,no joke.
Anonymous on Jul 23, 2022:
23 July 2022. Unofficial dollar exchange: 350 pesos each dollar. That means, prices are totally out of date and need to be recalculated.
Anonymous on Jul 11, 2022:
Currently $1usd = 126.73 are. I believe Argentina is quickly catching up with Venezuela. I read the Argentina president wants to join BRICS such a laugh. But if Argentina does and they default on loans on China and Russia game over.
Anonymous on May 30, 2022:
Prices are totally off. All entries should be made in any more stable currency than the Argentinian peso. Because of hyperinflation, entries in pesos which are several months old are worthless.
Anonymous on Mar 12, 2022:
Furthermore the Argentina government has been cut off from borrowing money from the IMF INTERNATIONAL MONITARY FUND meaning every country worldwide puts an amount of money into that fund for emergencies like natural disasters etc.The Argentina government has defaulted on three loans given by the IMF totaling 213 billion usd.They have no intention of ever paying it back.Argentina is so cash strapped they tried to borrow money from a poor country like Bolivia last year but the Bolivian government told the Argentina government you never pay it back. Currently poverty sets at over 53% throughout Argentina and its getting higher by the day. Argentina is starved for as many usd as they can get their hands on. Argentina is quickly turning into a hermit country no friends equals no trust. Many have tried to relocate to Europe but it didn't work out well for them. Afterall,Argentina owes Europe over 22 billion usd.
Anonymous on Mar 12, 2022:
Argentinians think they are Europeans but they'll never be. They are arrogant selfish bastards who think the rest of the world is garbage. Argentina is just like Venezuela on a downward spiral. Argentina has been defaulting on loans since 2015 never repaid any of them in full. The country is full of untrustworthy people. None of the large buildings are paid for in Buenos Aires. But the Argentina government gave the green light for investors to build them. When investors wanted to get paid by the Argentina government the government said its setting on Argentina soil so nothing got paid for. Those are the types of people Argentinians really are. The
Anonymous on Mar 06, 2022:
I love the "left"(isn't) government blaming of Argentinians!
Fact is: The peak income tax rate here is much lower than in Europe or Germany where I'm from. I pay around 45% (+ mandatory social insurance total ~60%) as peak income tax rate there. Compare this to the little 35% here. Oh the so bad socialist economy in Germany!
If you as Argentinian think "we are so poor, bad government", go to Barrio Parque or Zona Norte and admire the "poorness" of the people there. Visit the poor estates in Punta del Este and all around the world.
I will never understand my Argentine friends. They should at least try look at their country from a foreign perspective. And once invest in their own country not their stupid little boats in Tigre.
Kevin Zhu on Mar 01, 2022:
USD to ARS local rate?

Is it good time to go there on April?

Thanks
Julieta on Aug 06, 2021:
It's a pity we can't use ARS to add data too, because that way people can use the exchange rate they want. I particularly used the blue dollar rate (1 USD - 170 ARS) because I think it is the closest one to reality.
Anonymous on Jul 27, 2021:
Porteñas Girls have to put away their arrogant attitude and sell their nice asses to real westerners. The good days are coming back for men with initiative!
John Wakefield on Mar 26, 2021:
I could not located the currency exchange rate you are using to produce the cost of living in Argentina. Can you tell me where I can find that key fact? Thanks
Anonymous on Mar 25, 2021:
Right now the average monthly salary gross is $150 usd.Looks like that's the new salary. Minimum monthly wage was $255 usd monthly but it was lowered to $70 monthly gross before taxes 5 months ago.
Anonymous on Mar 21, 2021:
Can someone please tell me what the average monthly salary is right now in Buenos Aires, Córdoba and Rosario?
Daryll Doctolero on Mar 05, 2021:
Can there be possibility to see the brackett of an average household income and budget for an average and wealthy family living in Argentina.
Anonymous on Feb 23, 2021:
Looks like Argentina is sinking fast current rate 90 ars to 1 usd. People are desperate especially since the women are so cheap nowadays.Argentinas days of thinking they're like the Europe of South America are over. Argentina is such a high risk country citizens are being turned away from Europe,Colombia,Peru,and Paraguay now getting kept out of Paraguay takes the cake plus Brazil and Bolivia doesn't want you either OMG. But there's a light at the end of the tunnel for Argentina women. Iraq would welcome you.Put your arrogant attitudes away though unless you want to windup like refugee Syrian women living in tents waiting for outcalls for a mere $1 usd per session.
Anonymous on Jan 25, 2021:
Thanks OLEG I hope the best for your country too.Very few people have bank accounts throughout Argentina due to government theft of their accounts.Although Ukraine has its problems it doesn't even come close to Argentina problems. Many Argentinians have left and never returned.
Oleg on Jan 24, 2021:
Thanks for reply! I really understand the disappointment here! However, Argentina has been through bad times before and lets hope for the best! for your country!
Anonymous on Jan 21, 2021:
Thanks for your kindness OLEG towards Argentina. I have friends from Ukraine and they tell me the same as you did concerning addiction to the IMF.Although the west has modernized Buenos Aires it came with a heavy price for Argentina citizens. The Argentina government has tried to model after the west for over 25 years.The only things I regret by leaving Argentina is my beautiful country and warm hearted people that reside there, my culture. Yes some of our cities are shiny and expensive but none of it is paid for.Argentina government hasn't paid for loans since 2001.The U S won't let Argentina borrow money anymore just like many other countries won't lend Argentina any money.The Argentina government blocks any negative press about the horrible circumstances throughout Argentina citizens endure daily. Many in Argentina are literally starving to death truth be known. The Argentina government has banned farmers from growing food. The Argentina government has banned farmers from raising cattle sheep pigs or any other meat people can eat.Argentinans are banned from leaving the country.Argentina is truly finished people are rioting desperate to eat people are beyond panicking,it's a matter of life or death. My friends from the Ukraine tell me atleast they can eat vegetables and meat. We don't have that luxury in Argentina. Before I left Argentina with my family the police and military are patrolling the entire city preventing citizens from leaving their homes.
Oleg on Jan 20, 2021:
At least you cities look modern and your people are not Russians. I really think that as bad as your situation is you have a better chance of recovering quicker because historically you have never cut ties with the West although you have been toying with socialist policies and paternalism ( relying on the state too much)
oleg on Jan 20, 2021:
I feel your pain man! SadlyI must say the same about my own country ( Ukraine). We are here so hooked on IMF and socialism that it makes me wonder which country your or mine has a better chance of breaking out of this cycle ...
Oleg on Jan 15, 2021:
Thanks Luataro so much for clarifying the situation! Do you think the country will recover this time as fast as last time? I am wondering because Argentina has so much potential ... I hope things go right! I hope to visit
Lautaro on Jan 15, 2021:
The real monthly salary is far lower than the reported. The real one is about ARS 45200 or USD 284.28, per month. There's no way the median salary is 86300 or USD 540.
Lautaro on Jan 15, 2021:
Prices are wrong because you're using the official converion rate (85), which is a lie. The real one is about 159. A kg. of tomatos (Walmart), for example, are ARS 79 or USD 0.43 per kg., not 1.50 as it says.
Anonymous on Jan 12, 2021:
Something desperately needs to be done in Argentina. Currently it's 85ars to 1usd. Fortunately I have small land to grow food outside of BA but many in BA are going hungry.
Anonymous on Dec 29, 2020:
Yes I agree Argentina doesn't pay its debts but instead walks away from their responsibilities. Basically their word is no good which says alot,especially to investors meaning investing in Argentina has dropped completely.It seems Argentina has so many excuses as to why it can't pay debts ontime.The pandemic is yet another excuse to not pay debts owed for many years. Argentina is seen as an unstable country to do business in,and a bad credit risk.
Anonymous on Dec 18, 2020:
Argentinians normally have attitude between themselves and anyone else.Overall they think they're better than anyone else too.Argentinas economy won't rebound in the near or distant future with their poor repayment of loans they just continue to default leaving investors taking big losses and they've done so since 2001.The ARS is approaching high devalue just like Venezuela has already done.Argentina is only good at one thing, corruption just like their neighbor Venezuela,but investors never forget nor does the IMF.Yes they never repaid those loans either.
Horatio.Sally on Apr 21, 2020:
A person's success does not depend on his wisdom, but perseverance
Emily.Bernard on Mar 21, 2020:
The realization of the goal is based on my strong desire to succeed
Mark Adventurer on Feb 25, 2020:
TAXI rates !
CABA ( City of Buenos Aires) TAXI rates just went 30% up in AR$ as of February 22, 2020. New official rate as follows :
59.50 AR$ - initial Day Rate
5.95 AR$ -Additional 200 meters / per minute
20 % Extra for 10pm - 6 AM Night Rate.
Included photo of New Rate Table for Taxi !
Anon on Jan 03, 2020:
Ha! Again nice little Porteñas'asses to exploit. Don't miss the opportunity! The great life is next door!
fred on Dec 04, 2019:
this website is very wrong with the prices and everything ive looked at so far is way off
Person on Dec 04, 2019:
u should give an overall monthly cost at the bottom of each category coz it would have really helped me with work.
Gabriel on Nov 22, 2019:
Average monthly salary figure is wrong, I posted a governmental website with precise data, AR$ 65,090/month after tax that's about US$ 1,100 in current prices
Paco Pepe on Sep 29, 2019:
Prices are much higher now due to inflation. Since it's an ongoing process it's very hard to define prices. There's a great variation depending on the place into the city you are considering.
WorldFreelancer on Jun 22, 2019:
There are exist other countries that defined as a tax heaven, Argentina cataloged a tax hell due to high tax pressure, high complexity and high fines for physical persons and companies.
WorldFreelancer on Jun 22, 2019:
The prices of apartment's rent indicated here it is only for people who already have other apartments as "garantia". If you don't have any you should pay surety insurance or rent a temporal apartment that allowed stay no more than 6 or 12 months.
So full cost of longterm rent is +50% higher for any person who hadn't any other properties.
Mr.Novotny Laszlo on Apr 23, 2019:
I would like to move and retire in Buenos Aires BUT I find it very hard to get a list of the low or medium cost retirement homes .Can you help me please? I get all other advertisements and not the Buenos Aires Retired Home addreses.
Thanks or mucho gracias.....
Olga on Apr 19, 2019:
I am sorry, but your rent prices are not correct as you indicated prices for rent without furniture!!! And expenses: like swimming pool care, security, territory care and so on .. it is a separate additional costs in addition to utilities and rent costs. Now in Central part of Buenos Aires prices are much higher if you need the appartment with furniture. At least 40 000 ars.
Julius on Apr 10, 2019:
I visited Argentina in March and the prices are very accurate. I
Anonymous on Mar 25, 2019:
As of March 2019 current inflation is 71%.The president of China Xi met with the president of Argentina for some business dealings in Argentina.China is ruining southeast Asia and many other countries with their controlling nature economically.People in Argentina in general need a humbling experience especially since the majority thinks they're better than any other countries.The Chinese government will turn Argentina into a big whorehouse with their casinos.Time to shake your money makers for the Chinese men, ladies.
Martin Menendez on Mar 24, 2019:
Congratulaciones.
Inflación Is 59% annual un 2018/3. Atención con viejos precios
Anonymous on Mar 09, 2019:
The post from #Anonymous dated March 2 is how I see it too.I lived in Buenos Aires for 11 years as a British expat.But over the last 3 years the ARS is doing terribly but so is the British Sterling as well.In general the people of Buenos Aires are very rude to visitors or to people who lived in Buenos Aires such as myself.I've noticed visitors have basically disappeared from Buenos Aires over the past 3 years.I suppose native citizens of Buenos Aires want to join the government and go down with the ship economically.I'm leaving Buenos Aires next week and returning to the UK never to even visit Buenos Aires again.
Anonymous on Mar 02, 2019:
I agree prices fluctuate far too much to be accurate.Unfortunately the Argentina economy won't rebound even within the next two decades due to arrogance of government and the citizens.The majority of people in Argentina treat visitors badly but fortunately visitors have noticed and the majority haven't returned.Looks like Argentina is turning into another Venezuela,karma bites.
Chris Opus on Feb 13, 2019:
I agree with Sofia, this chart is way off the mark. I lived in Buenos Aires from 2017 - 2019 and the peso went from 15 ARS to the dollar to 38 ARS to the dollar now. The central bank pegs inflation at around 40% and the actual inflation at the price level is at least 20% - 30% annually in real terms. Many people exchange their peso paychecks for dollars and hold on to the dollars until they need pesos. This helps them stay ahead of inflation. The food costs in the chart are way low as are expenses for utilities. This year, the government is reducing price supports for utilities and thus all utilities will be going up for individual households this year. You cannot take some price from May of 2018 and compare it to the same price in February of 2019. In that 8 months, everything has changed. And it will continue to change dramatically until the country gets its monetary policy and fiscal house in order. Years down the road.
Sofia D'Andrea Villarreal on Jan 19, 2019:
This is so wrong. This website is not designed for a country like Argentina. Since the inflation rate was 48% for 2018, the past contributions for updating these prices result in an inaccurate representation of reality.

Also, how is possible for Buenos Aires to be considered such a low cost city? According to this same numbers, living by your own costs 11.000 (rent) + 17.000 = ARS$ 28.000. But a standard salary is ARS$21.000. This leaves you with a negative result of $7.000. If you don't come from a wealthy family you literally can't become a financially independent person in this city. This country (and specially this city) is way more expensive to live in that most, if not all, first world cities.
Anonymous on Dec 06, 2018:
The numbers as to ARS to USD are wrong.Some of you notably LOST GRINGO for one is totally off the currency mark.Heres a factual example $1,225 USD = 45,940 ars------ $1,225 usd × 12 months = $14,700 USD annually which translates into 551,284 ars annually.I didn't pull these numbers out of the air as most do unfortunately.That is the current currency exchange rate as of 12-6-2018.Go to Google search type USD to ARS the money converter.If people are going to quote numbers then quote them accurately.I'm an American citizen that's lived in Argentina for over 15 years and own an accounting firm.Currency rates change each day obviously.It doesn't take an accountant to check currency exchange rates but obviously some of you need a brain.
Fernando on Nov 16, 2018:
Many of the prices shown here are not accurate at all. And they will just increase next week (and I say it LITERALLY next week).
The annual inflation rate is around 40%. Property rentals actually have increased much more than 40%. Many property owners just increase the rent following the dollar instead of inflation.
Crappy food is cheap, but good quality food is very expensive.

Here is a high-level summary depending on your situation:
- Salary in pesos, without labour union agreement -> POVERTY
- Salary in pesos, with labour union agreement -> OK MAYBE
- Salary in dollars -> NICE

Salary in pesos without labour union agreement is seriously bad. Most people can't negotiate a 40% salary increase on their own. You should evaluate other options (maybe a different country to immigrate).

You can't save in Argentinian pesos, prices increase every day so pesos lose value very quickly.
Argentinian banks are not safe (corralito), you must save your money elsewhere (foreign bank, safe, under the mattress, etc).
Depending on the government in place, you may or may not be able to buy foreign currency legally.
Anonymous on Oct 16, 2018:
I live here and the current information is still very accurate. The average net salary here is also accurate but middle class professionals make a lot more than 20k (upwards of 30k).
info please on Sep 04, 2018:
can someone add new information? like what is the net average salary in buenos aires after the crises?
Anonymous on Aug 30, 2018:
This is not accurate at all. It would be better if you erase past contributions and focus on the latest month. The inflation rate is very, very High. I life in Berlin and acording to this BA is 43% cheaper than Berlin, whereas I am certain that BA is actually more expensive than Berlin, maybe by about 10-20% depending on what.