At least here in Europe, Argentina was famously known as a cheap place to live, travel and study abroad, because the cost of living was so low in comparison to our home countries.
Unfortunately for Argentina and the people that live there, this was largely due to their struggling economy and hyperinflation, which has pretty serious life-altering consequences for its inhabitants.
Whilst the election of President Javier Milei at the beginning of 2024 has been controversial (and Argentinian politics is absolutely not something I am qualified to comment on), steps have been taken to reduce inflation and pull the country out of recession. He was elected just days before I arrived in Argentina, which meant the exchange rate changed dramatically overnight, raising the value of the Argentinian Peso, and the perceived cost of living for foreigners.
So, that explanation was basically to say that Argentina, whilst still a relatively cheap country to visit, is no longer the incredibly low cost place you might have heard about. (Please don’t let that stop you from going, though, because it’s such a beautiful country!)
This guide provides a detailed breakdown of the cost of living in Argentina, South America, covering housing, food, transportation, healthcare, and leisure, so you can plan and budget for your move or travel. All prices are in US dollars to make it universally understandable, but the currency they actually use in Argentina is their own Argentinian peso.
Contents
- Why Choose Argentina for Affordable Living?
- Overview of Monthly Costs in Argentina
- Accommodation Costs in Argentina
- Food and Grocery Expenses
- Transportation Costs
- Utilities and Internet
- Healthcare Costs
- Leisure and Entertainment
- Tips for Living Affordably in Argentina
- FAQs About the Cost of Living in Argentina
- Conclusion
🇦🇷 Read more about Argentina: What to Pack for Travelling in Argentina
Why Choose Argentina for Affordable Living?
Argentina is a popular destination for those seeking a blend of affordability, adventure, and culture. The country’s cost of living is much lower than in North America or Europe, while still offering a high quality of life. Whether you’re drawn to the cultural energy of Buenos Aires, the wine country of Mendoza, or the natural wonders of Patagonia, Argentina caters to a range of lifestyles and budgets.
Argentina’s fluctuating exchange rates and high inflation can affect living costs, but for foreigners earning in stable currencies like USD or EUR, it remains an incredibly affordable destination. The abundance of fresh produce, excellent wine, and free or inexpensive cultural activities further enhances its appeal.
Overview of Monthly Costs in Argentina
Argentina’s cost of living varies depending on your location and lifestyle. Major cities like Buenos Aires are more expensive than smaller towns, but even in the capital, living costs remain reasonable compared to other global cities. Here’s a breakdown of typical monthly expenses for a single person.
| Expense Category | Budget ($) | Mid-Range ($) | High-End ($) |
|---|---|---|---|
| Accommodation | 200–400 | 500–800 | 1,200+ |
| Groceries | 100–200 | 250–400 | 500+ |
| Eating Out | 50–100 | 200–300 | 500+ |
| Transportation | 10–30 | 50–100 | 150+ |
| Utilities (electricity, water, etc.) | 30–80 | 100–150 | 200+ |
| Internet | 15–30 | 50–75 | 100+ |
| Healthcare | 50–150 | 200–300 | 500+ |
| Leisure and Activities | 50–100 | 150–300 | 400+ |
| Total | 505–1,060 | 1,500–2,425 | 3,550+ |
Accommodation Costs in Argentina
Housing in Argentina is affordable, with options ranging from modest shared apartments to luxurious private homes. Prices vary widely depending on the city and neighbourhood. Buenos Aires offers a mix of options, while smaller cities like Córdoba or Salta are even more budget-friendly.
| Type of Accommodation | Monthly Rent in Buenos Aires ($) | Monthly Rent in Mendoza ($) | Monthly Rent in Córdoba ($) |
|---|---|---|---|
| Shared Room/Hostel | 150–300 | 100–250 | 100–250 |
| Studio Apartment | 300–500 | 250–400 | 200–400 |
| 1-Bedroom Apartment | 400–700 | 350–600 | 300–500 |
| 3-Bedroom House | 800–1,200 | 700–1,000 | 600–900 |
Short-term rentals are widely available through platforms like Airbnb, where prices range from $25 to $100 per night. Long-term leases often provide better value, especially if paid in local currency.
Food and Grocery Expenses
Argentina’s food culture is world-renowned, from its tender beef to its exceptional wines and fresh produce. Cooking at home is affordable, and local markets are excellent for fresh fruits, vegetables, and meats. Supermarkets offer convenience but often charge higher prices for imported goods.
| Grocery Item | Average Price ($) |
|---|---|
| Milk (1 litre) | 1–2 |
| Bread (loaf) | 1–2 |
| Eggs (dozen) | 2–3 |
| Beef (1kg) | 4–8 |
| Rice (1kg) | 1–2 |
| Fresh Fruit (per kilo) | 1–3 |
| Vegetables (per kilo) | 1–3 |
Dining out in Argentina is incredibly affordable, particularly for those who enjoy local favourites like empanadas, choripán, or a classic Argentine steak.
| Type of Meal | Cost ($) |
|---|---|
| Street Food Snack (e.g. empanada, choripán) | 1–3 |
| Local Restaurant Meal | 5–15 |
| Mid-Range Restaurant (3 courses) | 20–40 |
| High-End Restaurant (per person) | 50+ |
Transportation Costs
Argentina’s public transportation system is extensive and affordable. Buenos Aires has a reliable subway system (Subte), while buses and trains connect smaller towns and cities. Taxis and rideshare apps like Uber are also widely available.
| Transportation Type | Cost ($) |
|---|---|
| Subte or Local Bus Ticket | 0.20–0.50 |
| Taxi (per km) | 0.50–1 |
| Monthly Fuel Costs (for car) | 50–150 |
| Intercity Bus Ticket | 10–50 |
Monthly transportation passes in cities like Buenos Aires cost around $10–20, making it easy and cheap to get around.
Utilities and Internet
Utilities in Argentina are reasonably priced, though costs can increase in extreme weather conditions due to heating or air conditioning. Internet is widely available and reliable in urban areas.
| Utility | Monthly Cost ($) |
|---|---|
| Electricity | 15–40 |
| Water | 5–10 |
| Gas (cooking/heating) | 10–30 |
| Internet (50 Mbps) | 15–30 |
Healthcare Costs
Argentina’s healthcare system is a mix of public and private services. Public healthcare is free and accessible, but private healthcare offers higher-quality services and shorter wait times at an affordable cost for foreigners.
| Healthcare Service | Cost ($) |
|---|---|
| GP Consultation | 20–50 |
| Specialist Appointment | 50–100 |
| Prescription Medication | 5–20 |
| Health Insurance (private) | 50–300 per month |
Leisure and Entertainment
Argentina offers a wealth of leisure activities, from exploring its natural wonders to enjoying its lively arts and culture scene. Many activities, such as visiting museums, hiking, or attending local festivals, are free or low-cost.
| Activity | Cost ($) |
|---|---|
| Cinema Ticket | 5–10 |
| Gym Membership (monthly) | 20–50 |
| Tango Class | 10–30 |
| Entry to National Parks | 5–20 |
Tips for Living Affordably in Argentina
To make the most of your budget, consider shopping at local markets for fresh produce and meat, as prices are much lower than in supermarkets. Renting in less touristy neighbourhoods can also save money without compromising on quality of life. Taking public transportation or using rideshare apps like Uber is an economical way to get around, and dining out at local restaurants provides great value for authentic meals.
Cost of Living in Argentina FAQs
How much money do I need to live comfortably in Argentina?
A single person can live comfortably in Argentina on $1,500-2,425 per month, including accommodation, food, and leisure activities. Budget-conscious individuals can live on $505-1,060 monthly, whilst those seeking luxury amenities might spend $3,550 or more.
How has Argentina’s economy affected living costs in 2024?
Recent economic changes and measures to reduce inflation have increased the value of the Argentinian Peso. Whilst Argentina remains relatively affordable for foreigners, it’s no longer as extremely cheap as it was previously known to be. Exchange rates and costs can fluctuate significantly.
What is the average rent in major Argentinian cities?
In Buenos Aires, a one-bedroom apartment typically costs $400-700 monthly, whilst similar accommodation in Mendoza ranges from $350-600. Córdoba offers more affordable options, with one-bedroom flats available for $300-500.
Is healthcare expensive in Argentina?
Healthcare in Argentina is quite affordable, with public healthcare being free and accessible. Private healthcare offers higher-quality services at reasonable prices, with GP consultations costing $20-50 and private insurance ranging from $50-300 monthly.
What are the typical food costs in Argentina?
Grocery costs for one person typically range from $100-400 monthly. Local restaurants offer meals for $5-15, whilst high-end dining experiences can cost $50 or more per person. Street food like empanadas are very affordable at $1-3 per item.
How much should I budget for utilities in Argentina?
Monthly utilities are reasonably priced, with electricity costing $15-40, water $5-10, and internet $15-30. Total utility costs typically range from $30-80 for budget living to $100-150 for mid-range consumption.
Conclusion
Argentina offers an incredible lifestyle at a fraction of the cost in many other countries, particularly for those earning in a stable foreign currency. From the vibrant streets of Buenos Aires to the serene landscapes of Patagonia, the country provides endless opportunities to live well without overspending. By understanding the costs and planning wisely, you can enjoy Argentina’s rich culture, stunning landscapes, and world-class food while staying well within your budget.