{"id":25311,"date":"2025-01-23T14:47:31","date_gmt":"2025-01-23T13:47:31","guid":{"rendered":"https:\/\/www.foyerglobalhealth.com\/?post_type=destinationcpt&p=25311"},"modified":"2026-01-20T14:34:16","modified_gmt":"2026-01-20T13:34:16","slug":"the-cost-of-living-in-argentina","status":"publish","type":"destinationcpt","link":"https:\/\/globalhealth.insurance\/destination\/the-cost-of-living-in-argentina\/","title":{"rendered":"The cost of living in Argentina"},"content":{"rendered":"\n

From Buenos Aires to the unique landscapes of Patagonia and the cultural and social richness of a typically Latin American population, Argentina attracts many expats every year. But what budget should you plan for living there? In this guide, Global Health presents you with the main items of expenditure in the cost of living in Argentina.<\/p>\n\n\n\n

Overview of the average cost of living in Argentina.<\/h2>\n\n\n\n

To live in Argentina, a single person needs about 870 \u20ac per month, while a family of four needs to plan for an average of 2,750 \u20ac per month.<\/p>\n\n\n\n

This includes rent and other expenses (shopping, transportation, health, education, etc.).<\/p>\n\n\n\n

Services<\/th>Average price<\/th><\/tr><\/thead>
Average net monthly salary<\/td>\u20ac485 <\/td><\/tr>
Price of renting an apartment in the city centre<\/td>\u20ac285 to 420 per month<\/td><\/tr>
Purchase price of an apartment per m2 in the city centre<\/td>\u20ac2,100<\/td><\/tr>
Petrol (1 L)<\/td>\u20ac0.96<\/td><\/tr>
Telephone flat rate (calls + 10 GB data)<\/td>\u20ac16<\/td><\/tr>
Meal for 2 people in a restaurant<\/td>\u20ac38<\/td><\/tr><\/tbody><\/table>
The above values are only indicative.<\/em> Source: <\/em>Numbeo<\/em><\/a>.<\/em><\/figcaption><\/figure>\n\n\n\n

Argentina is considered to be one of the countries with the lowest living costs in South America. However, this affordability depends greatly on your income.<\/p>\n\n\n\n

For expats who earn an above-average salary or are paid in foreign currencies, rents and expenses are indeed very affordable. However, for those who receive a local salary in pesos, the cost of living can quickly become expensive.<\/p>\n\n\n\n

Currency and exchange rates in Argentina<\/h2>\n\n\n\n

The official currency in Argentina is the Argentine peso, abbreviated to \u2018ARS\u2019 and symbolised by \u2018$Ar\u2019. Today, 1 Argentine peso is equal to 0.00093 \u20ac, i.e. 1,070 ARS for 1 \u20ac. (As of 10 December 2024).<\/em><\/p>\n\n\n\n

Argentina has been in economic crisis for 20 years, characterised by high inflation and the devaluation of its currency<\/strong>. As a result, many local establishments currently accept payment in foreign currencies, particularly in US dollars.<\/p>\n\n\n\n

Living in Argentina<\/h2>\n\n\n\n
\n
\n

Following the liberalisation of the property market in 2023, rental prices in Argentina have increased and stabilised after several years of instability. Here are the current average rental prices in Buenos Aires:<\/p>\n\n\n\n