Newcomer How much does it cost to live well in Buenos Aires?

[Andriu23]

In general terms, yes, it is enough, but I defined a nice place and how many rooms haha, because the numbers get smaller...

Basically the rent/expensas/taxes is what takes the big number... A car in CABA is another detail, they will charge you more for garage, insurance (risk) but you didn't mention that, so I'm just telling you to give you an idea.

You don't live in any of those neighborhoods with that kind of money....

 

[Simongutler]

You don't live in any of those neighborhoods with that kind of money....

What these areas have is that there is a lot of Airbnb that already charge in dollars, and with the discontinuity of the rent law plus inflation, I do not think that a monkey in recoleta/belgrano area is less than 300/350 lucas (and it seems to me that it is low, but I reiterate, the expenses are an issue in CABA, they should be around 40/60 lucas). Clearly this is in your budget, but housing expenses already eat you more than half of it.

Another issue is as another comment said, your salary is generally adjusted for inflation? because the new rents are adjusting every 3 or 6 months and with this inflation they are going to move every short period of time.

 

[CartyHTY]

Can you live in Buenos Aires with 700 thousand pesos (2024)?
Is it possible to live in the city of Buenos Aires being single and renting in a nice place and living well with that money? What do you think.

Fair and square the truth. Because the rents of nice places in nice neighborhoods, in my opinion, are going to eat at least 50% of that salary (rent + expenses + utilities). Travel expenses. Food. And initially furnishing an apartment is expensive. Look how much a sommier costs. Or a washing machine, even a used one. A TV. A table. A chair.

 

[Che Vos]

I think that with a thousand dollars you can live well, 1/3 is spent in a normal rent, and with 700 dollars you can live comfortably, not exaggeratedly but if you manage well you can go out 2 or 3 times a week and not worry too much. Now to live well in a good apartment probably 2000 usd, a nice apartment for 1 person in a good area is around 700usd.

I think more or less so far up to now this is correct. It depend what you consider 'live well'. For me and my boyfriend we make around $1,000 USD combined and I would not say we live well but we get by. We do not eat out much unless my parents invite us. I agree to have really good life and go out as we prefer with $2,000 USD each month we could do it.

 

[Digital Nomad]

Here is an article comparing cost of living in Buenos Aires, Montevideo and Santiago.

Buenos Aires, Santiago o Montevideo: cuánto cuesta vivir en esas tres capitales | TN

Un relevamiento privado analizó el peso de los gastos esenciales en el salario promedio de un trabajador formal en las capitales de Argentina, Chile y Uruguay.

tn.com.ar

 

[Porter]

It takes $863,126 a month to avoid poverty in the province of Buenos Aires. In July, a family of two adults and two young children needed $863,126 to stay above the poverty line. It seems like a pittance to me, just think about how expensive it is to raise a child, not to mention if they have to pay rent. I’m not sure how they came up with that figure.

Se necesitan $863.126 por mes para no ser pobre en la provincia de Buenos Aires

Según la medición que lleva a cabo en los sectores populares el ISEPCI, que releva precios en comercios de proximidad, el mes pasado, la canasta básica total subió 5,56%.

www.ambito.com

 

[Tango]

It takes $863,126 a month to avoid poverty in the province of Buenos Aires. In July, a family of two adults and two young children needed $863,126 to stay above the poverty line. It seems like a pittance to me, just think about how expensive it is to raise a child, not to mention if they have to pay rent. I’m not sure how they came up with that figure.

Se necesitan $863.126 por mes para no ser pobre en la provincia de Buenos Aires

Según la medición que lleva a cabo en los sectores populares el ISEPCI, que releva precios en comercios de proximidad, el mes pasado, la canasta básica total subió 5,56%.

www.ambito.com

I definitely think it just depends on many factors. You can't really factor in what minimum wage or poverty level salaries are. You also have to see what neighborhood you are living in. Also, long-term rentals are not too easy to get for expats vs short-term places. Not impossible but a royal pain in the ass. I would say for most people you will want about $1,600 USD per month to $2,000 to live a decent quality of life and staying in the touristy neighborhoods. And that includes entertainment and dining out occasionally as well.

I am afraid this will go up.