Cost of Living in Argentina

Often recognised as a desirable retirement haven, Argentina offers an affordable yet high-quality lifestyle. The country's economy is, however, known for spiralling inflation that frequently causes soaring prices. That said, if your finances can withstand the unpredictable nature of Argentina's economy, you will enjoy life here.

The cost of living in Argentina's rural areas is much lower than in its metropolitan cities. The country's capital, Buenos Aires, was ranked as the world's 77th most expensive city out of 226 cities surveyed in the Mercer 2024 Cost of Living Survey.

Cost of accommodation in Argentina

It is almost impossible to give average prices for either purchasing or renting accommodation in Argentina, as it varies widely between provinces. Demand in the rental market is especially high since many Argentinians are no longer in a position to buy property. You will be required to provide a guarantor, a deposit, and several months of rent in advance if you hope to rent.

Cost of transport in Argentina

Transport in Argentina can be affordable and convenient for expats, particularly in urban areas where public transport is widely available. Buses and subways are common modes of transport, and fares are often reasonable. To make the most of your money, you may consider purchasing a contactless smartcard, or 'SUBE' card, which can offer discounts on public transport fares.

Driving in Argentina can also be an option, but you should be aware that the cost of fuel can be relatively high compared to other countries. Cars are an expensive commodity in Argentina. The country no longer has a car manufacturing industry, and vehicle import taxes are hefty. As a result, second-hand cars hold their value quite well, and it is not unusual to buy a car, use it for several years, and sell it at the same price or even more than you paid for it.

Cost of groceries in Argentina

Supermarket prices for certain items in Argentina are slightly more affordable than in the UK. If you have the time to shop around, particularly for fruit and vegetables, which are much cheaper from the roadside stalls, you can bring your grocery bills down. Meat is also a staple of Argentine cuisine and can be purchased at relatively affordable prices. Imported goods can be more expensive than locally produced items, and certain speciality foods or products may not be readily available in all areas.

Cost of entertainment and eating out in Argentina

Argentina offers a wide range of entertainment and dining options, with varying costs depending on the type of experience you are looking for. Eating out can be relatively affordable, particularly in local cafés and restaurants, where you can sample traditional Argentine cuisine. If you're on a budget, you may also find that dining at home and cooking your own meals can be a cost-effective option.

When it comes to entertainment, there are many options available at different price points. You can make the most of your money by looking for discounts and promotions, such as early bird specials at restaurants or off-peak ticket prices for entertainment events.

Additionally, exploring local neighbourhoods and taking advantage of free events and activities can be a great way to experience Argentine culture without breaking the bank. Cultural attractions such as museums, galleries, and theatres often offer discounted rates for students or seniors.

Cost of education in Argentina

Education in Argentina can vary in cost depending on the type of institution and level of education. Public education is free for all students, including expats, and offers a high level of education.

Private schools can be more expensive but typically offer smaller class sizes and more personalised attention. Additionally, certain private institutions may offer programmes in English, which can be beneficial if you are not fluent in Spanish. There are several international schools in Argentina, particularly in larger cities such as Córdoba and Buenos Aires.

Cost of healthcare in Argentina

Healthcare in Argentina is affordable and high-quality. Public hospitals offer free care to residents, including expats. However, many purchase private health insurance for faster access and more comprehensive coverage. This insurance typically covers private clinics and hospitals, offering shorter wait times and more modern facilities than their public counterparts.

It's advisable to explore various health insurance options before deciding, as costs and coverage can vary significantly. Some plans may also include benefits like dental and vision care, making them a more attractive choice depending on your specific needs.

Cost of living in Argentina chart

Prices may vary depending on location and service provider. The table below is based on average prices in Buenos Aires for July 2024.