Cost of Living in Argentina

Updated On January 29, 2023

How Much Does It Cost to Live In Argentina?

If you are moving to Argentina you would probably want to know how much money you will need to have so as to lead a normal life.

Many a traveler has come to Argentina and somehow decided to stay and live there, attracted by its beauty.

In order to improve the chances of a happy move all of those who consider Argentina a desirable place to continue their life, due to the fact that it has to offer a quality and affordable lifestyle, should get familiar with the costs of living a normal and modest life there.

Cost of Living Index:
31.2
* Based on Research & User Data

Argentina FlagArgentina : Cost of Living by City

Restaurants

RESTAURANTS

If you are looking to find a promised land where you will be able to afford to eat out all the time, then Argentina might be a place for you.

Prices in local restaurants are reasonable, but they can rise due to the flood of foreign tourists and their money.

Markets

MARKETS

When it comes to food and the prices at the local markets in Argentina, they can be taken as reasonable, but some items are rather expensive in comparison to some other countries.

Bread is not so cheap, unlike fruit and vegetables which can be found for a rational price at the market.

Transportation

TRANSPORTATION

Transport costs in Argentina depend on the vehicle that you use and some of them are not inexpensive.

Buying vehicles is very expensive there, but the price of gasoline is not so high, due to the fact that not many people possess a car.

Public transportation is not expensive and it is often very crowded.

Utilities

UTILITIES (MONTHLY)

If you get enough money to pay rent in Argentina, you will need to think about the prices of monthly utilities.

It can be said that they are more expensive than in some other countries, due to the fact that you need to have almost $47 per month for basic necessities.

The price of the Internet is also rather high.

Sports and leisure

SPORTS & LEISURE

Sports people may say that their activities can be fulfilled in Argentina.

Unlike cinemas whose ticket prices are high, tennis courts can be rented at a lower price in comparison to other countries.

According to the monthly wages, fitness clubs are also taken as not so expensive.

Clothing and shoes

CLOTHING & SHOES

As they do not spend much money on clothes and accessories, designer clothes are rather cheap in Argentina.

Other expenses make clothing less important and not so necessary.

When you compare the prices of shoes and jeans, it is noticeable that they are lower than in some neighboring countries.

Rent per month

RENT PER MONTH

It is interesting that the rent in the city center does not differ too much from the rent in distant areas, but still urban prices are higher than rural prices.

The amount of money needed for an apartment highly depends on its size, and people with larger families would need to pay higher amounts.

Cost of Living Averages Table for Argentina

*Note: All prices are indicated in USD.
Average Restaurant Prices
Meal (Inexpensive Restaurant)$6.50
Domestic Beer (0.5 Liter)$1.75
Water (0.33 Liter)$0.82
Average Market Prices
Milk (1 Liter)$0.79
Loaf Bread (500g)$1.04
Eggs (12)$1.39
Average Transport Prices
One Way Ticket$0.22
Monthly Pass$15.00
Gasoline$0.91
Average Utilities Prices
Basic (Water, Electricity, Garbage, Heating, Cooling)$47.97
1 min. of Prepaid Mobile Tariff Local$0.20
Internet (Unlimited Data, Cable/ADSL)$21.39
Average Leisure Prices
Fitness Club, Monthly Fee for 1 Adult$21.54
Tennis Court Rent (1 Hour)$9.25
Cinema, 1 Seat, International Release$4.84
Average Clothing Prices
1 Pair of Jeans (Levis 501 Or Comparable)$62.75
1 Summer Dress in a Chain Store (Zara, etc...)$45.43
1 Pair of Adidas Walking Shoes (Mid-Range)$102.29
Average Rent Prices
Apartment (1 bedroom) in City Center$236.62
Apartment (1 bedroom) Outside of Center$173.94
Apartment (3 bedrooms) in City Center$440.24

How Does the Average Person Spend Their Money in Argentina?

The costs which require the most money and are of the greatest importance are definitely food and rent.

They are basic and necessary costs that have to be paid each month and Argentinians spend the greatest amount of money on them.

It is not unusual that restaurants and transportation also take a lot of money, due to the fact that they are quite expensive.

The least money is spent on sports and clothing, being that minimum wage cannot cover all the above-mentioned expenses and people need to differentiate between necessities and luxury.

Average Costs Breakdown

15.7%
32.8%
15.2%
7.5%
6%
5.9%
16.8%

Argentina: Average Salary, Minimum Wage & Mortgages

A great number of people who happen to travel to Argentina seem to get amazed by its beauty and dream of starting their lives or retiring there at some point in their lives.

The average salary in Argentina is not reasonable in relation to the expenses, but it is rather higher than in some other countries in the world.

The minimum wage is almost the same as the average monthly net salary, while the mortgage interest rates are extremely high.

However, if you are earning salaries somewhere else, in a richer country, then it is relatively cheap to live in Argentina.

Average Salary$427.18
Minimum Wage$369.0
Mortgage Interest Rate46.64%

Argentina Safety Overview

READ THE FULL REPORT: Argentina Safety Review

Safety Index:
70
Argentina
  • OVERALL RISK: MEDIUM
  • TRANSPORT & TAXIS RISK: MEDIUM
  • PICKPOCKETS RISK: HIGH
  • NATURAL DISASTERS RISK: MEDIUM
  • MUGGING RISK: MEDIUM
  • TERRORISM RISK: LOW
  • SCAMS RISK: HIGH
  • WOMEN TRAVELERS RISK: LOW

Cost of Living by City in Argentina

CityCost of Living Index
Buenos Aires38.57

Where to Next?

See these related locations:

Or, browse the country/city indexes:

Cost of Living - Country Index Cost of Living - City Index

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