Cost of Living in Buenos Aires

Summary about cost of living in Buenos Aires:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 200.00 ARS 150.00-250.00
Meal for 2 People, Mid-range Restaurant, Three-course 725.00 ARS 500.00-1,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 150.00 ARS 130.00-180.00
Domestic Beer (1 pint draught) 50.00 ARS 38.00-80.00
Imported Beer (11.2 oz small bottle) 75.00 ARS 50.00-100.00
Cappuccino (regular) 53.90 ARS 40.00-70.00
Coke/Pepsi (11.2 oz small bottle) 31.84 ARS 23.00-50.00
Water (11.2 oz small bottle) 24.42 ARS 18.00-40.00
Markets [ Edit ]
Milk (regular), (1 gallon) 96.77 ARS 75.71-113.56
Loaf of Fresh White Bread (1 lb) 44.07 ARS 20.87-65.00
Rice (white), (1 lb) 14.43 ARS 9.07-20.13
Eggs (regular) (12) 39.82 ARS 30.00-51.00
Local Cheese (1 lb) 88.99 ARS 68.04-149.68
Chicken Breasts (Boneless, Skinless), (1 lb) 48.70 ARS 35.83-69.40
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 70.79 ARS 49.90-90.72
Apples (1 lb) 19.05 ARS 13.61-22.68
Banana (1 lb) 13.27 ARS 11.34-18.05
Oranges (1 lb) 10.75 ARS 8.16-15.88
Tomato (1 lb) 16.18 ARS 12.70-20.41
Potato (1 lb) 8.91 ARS 6.80-11.34
Onion (1 lb) 8.39 ARS 4.54-11.34
Lettuce (1 head) 28.12 ARS 20.00-35.00
Water (1.5 liter bottle) 23.08 ARS 18.00-30.00
Bottle of Wine (Mid-Range) 100.00 ARS 80.00-145.00
Domestic Beer (0.5 liter bottle) 35.20 ARS 20.00-59.00
Imported Beer (11.2 oz small bottle) 57.15 ARS 31.00-75.00
Pack of Cigarettes (Marlboro) 55.00 ARS 45.00-60.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 6.75 ARS 6.50-8.00
Monthly Pass (Regular Price) 347.83 ARS 270.00-492.00
Taxi Start (Normal Tariff) 27.70 ARS 25.00-30.00
Taxi 1 mile (Normal Tariff) 22.29 ARS 19.31-32.19
Taxi 1hour Waiting (Normal Tariff) 166.20 ARS 150.00-180.00
Gasoline (1 gallon) 83.21 ARS 75.71-98.42
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 390,000.00 ARS 300,000.00-470,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 409,929.38 ARS 372,100.00-465,500.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 2,092.19 ARS 1,000.00-4,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 4.72 ARS 3.00-8.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 941.95 ARS 600.00-1,400.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 961.59 ARS 700.00-1,300.00
Tennis Court Rent (1 Hour on Weekend) 347.00 ARS 200.00-500.00
Cinema, International Release, 1 Seat 160.00 ARS 140.00-200.00
Childcare [ Edit ]
Preschool (or Kindergarten), Private, Monthly for 1 Child 5,408.70 ARS 2,500.00-8,500.00
International Primary School, Yearly for 1 Child 99,142.86 ARS 48,000.00-150,000.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 1,661.80 ARS 1,200.00-2,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,101.68 ARS 800.00-1,500.00
1 Pair of Nike Running Shoes (Mid-Range) 2,180.00 ARS 1,700.00-2,983.80
1 Pair of Men Leather Business Shoes 2,569.30 ARS 1,800.00-3,500.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 8,698.29 ARS 6,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre 6,836.54 ARS 4,700.00-10,000.00
Apartment (3 bedrooms) in City Centre 16,433.90 ARS 12,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 12,726.75 ARS 8,000.00-16,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 5,017.82 ARS 3,808.99-6,503.16
Price per Square Feet to Buy Apartment Outside of Centre 4,129.08 ARS 2,357.86-5,544.04
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 16,805.38 ARS
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 25.60 18.00-39.00

Prices in Buenos Aires

These data are based on 2310 entries in the past 12 months from 249 different contributors.
Last update: February 2018
Sources and References: Info
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26 Comments so far

#Anonymous on Feb 21, 2018 :
#Administrator, 6 months is too much for Argentina as the inflation will probably be around 23% for 2018. 3 months or less would be more accurate depending on how much data you have in your records of course.
#Administrator on Dec 18, 2017 :
We archived data which are more than 6 months old for Argentina, to allow new data to propagate faster. #Daniele comment. Thanks
#Daniele on Dec 16, 2017 :
With all due respect I suggest to consider only the contributions from the last three months, due to the high inflation Buenos Aires notoriously has. 2017 is closing with 22,5 or 23% inflation (20,9% until Nov 30 official INDEC data + personal estimation of 1,5-2% for December). This means that if you keep considering 12 months, the data shown here will be surely an underestimation. I know that considering a 3 months period means having 1/4 of the contributions, but still 85 contributions from the last 3 months would be more precise than 341 from the last 12. Another important consideration is that current inflation in no more mainly tied to the loss of value of the Peso, as it used to be until 2015, but it involves prices in Dollars too.
#Veronica on Oct 23, 2017 :
I would also add that the AVERAGE 2017 annual cost for a private full-day (8-9 hr day) primary school in Buenos Aires is U$S1000 higher than listed in this analysis (more like 6800 dollars per yr for 4th Grade). A top primary bilingual school will be 15-20% higher (e.g. Bayard, Belgrano Day, Washington), and the annual cost is more than doble for the most prestigious schools (San Andrés, Lincoln). A few private catholic schools in the city and immediate suburbs are less expensive annually, but primarily because these are subsidized by govt.
#Veronica on Oct 23, 2017 :
The 2017 cost of utilities listed (water, electricity, gas...) is incorrect. In a 150 sq meter apt in Retiro neighborhood, I pay over U$S50 monthly in water for my apt (based on square footage, not on usage in the city of Bs Aires). Electricity amounts to about U$S35-40 monthly in winter months, but goes up notably in hot summer months due to AC use. I pay for gas (central heating) in my "expensas" - according to our bldg manager, each apt is paying approx U$S70-100 per month solely for gas, depending on the season. Also keep in mind that "expensas" (apt management fees) are nearly impossible to avoid, as laws govern who can administer buildings, what they charge, and if there has to be an onsite supervisor - these amount to another U$S300 dollars (not included in rent) for 150 m2. If you prorate these costs to an 85 m2 apt, they amount to U$S250-260 per month. This is not including rent. Compared to the avg monthly salary, the cost of living is high. Earning potential must be included in the analysis to see if a city is truly expensive or inexpensive...
#Leo on May 14, 2017 :
#Ulisses In response to your question: An Electrical Engineer can earn between USD 2500-3500 per month depending seniority and sector. If we talk about a high level position could be USD 3500-4500 per month. Always depending of the business sector. Regarding to the price of one-bedroom apartment in Buenos Aires downtown, it is an average of USD 2500 per square meter. But you must to know that we have a big inflation problem in Argentina (e.g. it was 40% in 2016 and a forcast of 30% for 2017), therefore these prices changes every month.
#Ulisses on Jan 18, 2017 :
How much a electrical engineer earn per month? And what's the real price for a one bedroom in centre city? Thanks!
#jerry on Nov 30, 2016 :
My water bill for 2 months is US$96.64 or $1,51.19 Arg Pesos. The bill is based on the age and location of the building,not on the amount of water that is used. Everyone in my building pays the same amount, regardless of the number of occupants in the apartment.
If I don't pay my bill by the due date, the amount goes to US$97.93
hat's you definition of insanity?
#LostGringo on Nov 02, 2016 :
One-bedroom in "city center" for $434? Ha! Maybe if you consider Avelleneda neighborhood the "city center" (and you might want to buy a gun). Any place I'd consider living you better plan on at least $1000. If you happen to be a foreigner and don't have access to a "guarantee", which is required for a standard lease - and which you won't, then plan on $1500 for a decent one-bedroom somewhere in the desirable northern end of the city. Dinner for two in a decent parrilla? Try $80-100 with a cheap bottle of wine. My first apartment in 2006 was a beautiful two-bedroom with a view of the river in the Las Canitas neighborhood. That same apartment rents today for $2500. Welcome to Inflation, Inc.
#Administrator on Jun 16, 2016 :
Diego, therefore, we are not using ARS currently here and default data obsoletion policy is 12 months.
#Diego on Jun 15, 2016 :
Argentina fast paced changing economics and inflation rate, renders the data obsolete.
A reset and reload is necessary yearly when the country experiments a 35 to 45 % of inflation
#LostGringo on Apr 14, 2016 :
Let me offer a comparison. The average wage of a pilot at Aerolineas Argentinas is currently 40,000pesos per month. I KNOW this. That adds up to an annual income of $32,000 USD. Compare that to an annual income at a major US airline of $150,000, or approx. 21% of the US counterpart. Having divided my time between the US and Argentina for the past 10 years, I believe that the cost of living in Buenos Aires is now higher than an average, large US city, if you consider the cost of owning/operating a car - save the coastal US cities, which are ridiculously expensive now. Most of my friends are struggling to make ends meet in a grotesquly corrupt country that will likely, never, ever, change.

Have a Nice Day!
#MBLiar on Apr 10, 2016 :
@MB, what you're saying is a lie, an average salary in Argentine is around 18000 pesos which make it something like 1250 US dollars, previous to the devaluation of the argentine peso it was around 1700 US dollars. No matter how many years you've been living in Argentina, in this country asking other people how much do they earn is a BIG BIG BIG taboo and i can bet you anything that most people will avoid to answer that and the small number of people "willing" to tell what's their wages they won't tell you the truth, more likely they'll tell you less than they actually earn.
#DENNIS1978 on Mar 18, 2016 :
Could somebody help me? Id like to know an accuntant's salary at multinational company in Buenis Aires. Thanks
#MB on Mar 17, 2016 :
Average monthly salary 1068USD? I have lived 9 years in Argentina, met people from all walks of life and have met a handful of people making this kind of money. The average blue collar workers makes half of that and even some white collar workers such as computer programers, lawyers, psychologists, occupational therapists etc. It should be pointed out that the wealth inequality in Latin America is extreme, Argentina is no different, so it is possible that the average contributors to this site do make this kind of money. Speaking from personal experience talking to people, this is not the reality for the vast majority of the people.
#Daniele on Jan 04, 2016 :
Now currency exchange is legal, please refer to the official exchange tax (on Jan 4th 2016 is 13,183). I invite you all to fulfill again prices because these prices are too high with the new legal exchange market.
#J. on Sep 15, 2015 :
It is difficult to correctly determine prices in Buenos Aires right now,
because there is an official exchange rate of AR$ 9.4 / US$ 1
and a parallel exchange rate of AR$ 15.50 / US$ 1.

I expressed the prices with the parallel exchange rate for the US dollar.
#Gabriel on Aug 05, 2015 :
David, you should take the official exchange rate as the valid one cos not only foreigners would use this tool but also other Argentines from other parts of the country will find this useful and as you might think no one in their right mind will buy foreign currency to buy goods in their own country, anyways the "Blue" dollar is the black market and no one should be encouraged to defy the laws of the land and comply with regulations wether we like it or not.
****AVERAGE MONTHLY SALARY**** About 1600 US dollars (15080 pesos in the city of Buenos Aires)
#David on Jan 25, 2015 :
The problem is we don't know if the native Peso prices have been converted to U.S. dollars using the official exchange rate or the Blue market rate - which is what any tourist would be paying - making this list rather useless until we know that.
#Isaac on Nov 12, 2014 :
@David I guess you're right. I'm not seeing it there either. idk...
#Isaac on Nov 12, 2014 :
@David Look where it says "Currency:" with a drop down menu next to it.
#David on Jun 21, 2014 :
Why is there no option to see these prices in Argentine pesos? Or has the US dollar become the official currency there?
#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