I was just chatting today about this with a rental guest. Utility prices have gone up tremendously. It's still a relative bargain compared to most cities. But with the extreme cold and the need to heat properties, the bills are very high for locals. I just got utility bills for some apartments that I own and the bills are 400% higher. Subsidies also have ended for many property owners.
For expats it is still very low but I can't imagine how locals are going to deal with this sticker shock. I have a friend that has a very large apartment and he just told me he got an electricity bill that was almost $500 USD. Granted it's the entire floor and about 450 sq. meters. But that's a huge bill.
Here is an actual bill for a one bedroom apartment in Recoleta.
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