Cost of Living in Buenos Aires

Summary about cost of living in Buenos Aires, Argentina:

Restaurants
[ Edit ] Range
Meal, Inexpensive Restaurant 600.00 ARS 400.00-1,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 2,000.00 ARS 1,400.00-4,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 460.00 ARS 400.00-550.00
Domestic Beer (1 pint draught) 145.00 ARS 80.00-200.00
Imported Beer (12 oz small bottle) 200.00 ARS 120.00-300.00
Cappuccino (regular) 150.63 ARS 80.00-230.00
Coke/Pepsi (12 oz small bottle) 77.54 ARS 50.00-120.00
Water (12 oz small bottle) 60.42 ARS 45.00-90.00
Markets
[ Edit ]
Milk (regular), (1 gallon) 246.01 ARS 189.27-287.69
Loaf of Fresh White Bread (1 lb) 92.04 ARS 45.36-181.44
Rice (white), (1 lb) 33.75 ARS 22.68-58.97
Eggs (regular) (12) 127.87 ARS 71.28-160.00
Local Cheese (1 lb) 206.64 ARS 136.08-453.59
Chicken Fillets (1 lb) 131.14 ARS 68.04-204.12
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 192.39 ARS 136.08-249.48
Apples (1 lb) 46.37 ARS 27.22-70.31
Banana (1 lb) 45.86 ARS 36.29-58.97
Oranges (1 lb) 30.78 ARS 18.14-45.36
Tomato (1 lb) 49.32 ARS 27.22-81.65
Potato (1 lb) 22.56 ARS 11.34-36.29
Onion (1 lb) 30.67 ARS 20.41-45.36
Lettuce (1 head) 60.00 ARS 35.00-120.00
Water (1.5 liter bottle) 69.32 ARS 40.00-100.00
Bottle of Wine (Mid-Range) 220.00 ARS 150.00-350.00
Domestic Beer (0.5 liter bottle) 84.04 ARS 55.00-115.38
Imported Beer (12 oz small bottle) 136.48 ARS 75.00-250.00
Cigarettes 20 Pack (Marlboro) 180.00 ARS 150.00-200.00
Transportation
[ Edit ]
One-way Ticket (Local Transport) 22.00 ARS 20.00-30.00
Monthly Pass (Regular Price) 1,260.00 ARS 500.00-2,000.00
Taxi Start (Normal Tariff) 60.00 ARS 59.50-80.00
Taxi 1 mile (Normal Tariff) 48.28 ARS 47.88-96.56
Taxi 1hour Waiting (Normal Tariff) 358.50 ARS 200.00-438.18
Gasoline (1 gallon) 241.19 ARS 211.98-264.98
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 2,642,000.00 ARS 2,105,878.84-2,700,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 1,755,158.90 ARS 1,600,000.00-2,000,000.00
Utilities (Monthly)
[ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 4,682.11 ARS 3,400.00-10,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 12.29 ARS 3.00-12.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 2,115.43 ARS 1,500.00-3,200.00
Sports And Leisure
[ Edit ]
Fitness Club, Monthly Fee for 1 Adult 2,367.74 ARS 1,500.00-3,700.00
Tennis Court Rent (1 Hour on Weekend) 564.83 ARS 460.00-728.96
Cinema, International Release, 1 Seat 400.00 ARS 300.00-600.00
Childcare
[ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 15,092.24 ARS 9,000.00-20,000.00
International Primary School, Yearly for 1 Child 329,000.00 ARS 216,000.00-600,000.00
Clothing And Shoes
[ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 4,477.39 ARS 2,000.00-7,500.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 3,933.33 ARS 2,000.00-6,000.00
1 Pair of Nike Running Shoes (Mid-Range) 6,311.07 ARS 3,500.00-9,000.00
1 Pair of Men Leather Business Shoes 6,328.55 ARS 3,500.00-9,000.00
Rent Per Month
[ Edit ]
Apartment (1 bedroom) in City Centre 21,919.96 ARS 16,000.00-35,000.00
Apartment (1 bedroom) Outside of Centre 16,688.31 ARS 12,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 44,839.20 ARS 35,000.00-70,000.00
Apartment (3 bedrooms) Outside of Centre 32,278.80 ARS 20,000.00-50,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 23,037.50 ARS 18,811.63-32,515.79
Price per Square Feet to Buy Apartment Outside of Centre 16,680.68 ARS 11,286.98-22,573.95
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 40,133.33 ARS
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 45.52 11.27-65.00

Prices in Buenos Aires

This city had 3703 entries in the past 12 months by 338 different contributors.
Last update: November 2020
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36 Comments so far
Anonymous on Nov 15, 2020:
Any type of investments rentals including cash transactions from any financial institution throughout Argentina should be halted immediately. Pull all of your money out of any bank in Argentina promptly or lose it all due to government confiscation.Argentina is rapidly turning into another Venezuela unfortunately.
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.
gabriela diaz on Apr 20, 2018:
taxi costs 32.60

Taxi Start (Normal Tariff) 32.60 ARS it is more expensive in night (20%)
Taxi 1km (Normal Tariff) 16.3 ARS (3.26 *5=16.3) it is more expensive in night (20%)
http://www.buenosaires.gob.ar/taxis/tarifas
La tarifa consiste en $ 32,60 al momento de iniciar el viaje y $ 3,26 por cada 200 metros de recorrido o minuto de espera en caso de estar el vehículo detenido. Los viajes fuera de la Ciudad de Buenos Aires, sin regreso en el mismo taxi, pueden recibir un recargo por el recorrido que el vehículo deba realizar para volver a la Ciudad.

Entre las 22 y las 6 h rige una tarifa nocturna con un incremento del 20% en el valor del viaje.
gabriela diaz on Apr 20, 2018:
the offer of internet is around 20 or 30 gigas, Mbps.... 6 mbps does not exist .....
Telecentro starts offers with 30Mbps (including phone, and cable, and internet) 1138(in fact that is the 6 fist months, after that is around 1400)
Fibertel starts offers with 25 megas alone, 923 (internet only,with wifi), with cable it is more than 1600
Speedy costs more than 1200 (adsl)10Mbps
gabriela diaz on Apr 20, 2018:
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 2000???? in ARgentine??? are you kidding?
at least that is the amount of each service monthly....
i live alone, in one small apartment, 30 mts... and i pay 450 water, 400 electricity monthly, 100 gas monthly, 2000 expenses monthly (cheap)
people living in 85 m apartments pay more than 4 time i pay
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.
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.