Cost of living in Argentina compared to Panama
Currency:
| Food | - 46% | |||
|---|---|---|---|---|
| Food in Argentina is 46% cheaper than in Panama | ||||
| Basic lunchtime menu (including a drink) in the business district | ARS $558 (7 B/.) | 12 B/. | - 41% | |
| Combo meal in fast food restaurant (big mac meal or similar) | ARS $402 (4.98 B/.) | 7 B/. | - 28% | |
| 500 gr (1 lb.) of boneless chicken breast | ARS $138 (1.71 B/.) | 2.89 B/. | - 41% | |
| 1 liter (1 qt.) of whole fat milk | ARS $64 (0.79 B/.) | 1.54 B/. | - 49% | |
| 12 eggs, large | ARS $130 (1.61 B/.) | 2.88 B/. | - 44% | |
| 1 kg (2 lb.) of tomatoes | ARS $78 (0.96 B/.) | 2.50 B/. | - 61% | |
| 500 gr (16 oz.) of local cheese | ARS $260 (3.22 B/.) | 6 B/. | - 49% | |
| 1 kg (2 lb.) of apples | ARS $88 (1.08 B/.) | 2.74 B/. | - 60% | |
| 1 kg (2 lb.) of potatoes | ARS $43 (0.54 B/.) | 2.04 B/. | - 74% | |
| 0.5 l (16 oz) domestic beer in the supermarket | ARS $75 (0.93 B/.) | 1.02 B/. | - 9% | |
| 1 bottle of red table wine, good quality | ARS $264 (3.27 B/.) | 10 B/. | - 66% | |
| 2 liters of coca-cola | ARS $137 (1.69 B/.) | 2.18 B/. | - 23% | |
| Bread for 2 people for 1 day | ARS $37 (0.45 B/.) | 1.48 B/. | - 69% | |
| Housing | - 61% | |||
| Housing in Argentina is 61% cheaper than in Panama | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | ARS $34,372 (425 B/.) | 1,271 B/. | - 67% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | ARS $22,151 (274 B/.) | 912 B/. | - 70% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ARS $4,223 (52 B/.) | 117 B/. | - 55% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | ARS $23,829 (295 B/.) | 899 B/. | - 67% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | ARS $15,419 (191 B/.) | 620 B/. | - 69% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | ARS $3,320 (41 B/.) | 89 B/. | - 54% | |
| Internet 8 mbps (1 month) | ARS $1,381 (17 B/.) | 43 B/. | - 60% | |
| 40” flat screen tv | ARS $31,826 (394 B/.) | 426 B/. | - 7% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | ARS $13,138 (163 B/.) | 118 B/. | + 38% | |
| Laundry detergent (3 l. ~ 100 oz.) | ARS $334 (4.13 B/.) | 7 B/. | - 44% | |
| Hourly rate for cleaning help | ARS $241 (2.98 B/.) | 4.48 B/. | - 33% | |
| Clothes | - 11% | |||
| Clothes in Argentina is 11% cheaper than in Panama | ||||
| 1 pair of jeans (levis 501 or similar) | ARS $3,556 (44 B/.) | 45 B/. | - 3% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | ARS $2,260 (28 B/.) | 34 B/. | - 17% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | ARS $5,981 (74 B/.) | 68 B/. | + 9% | |
| 1 pair of men’s leather business shoes | ARS $5,185 (64 B/.) | 76 B/. | - 15% | |
| Transportation | - 18% | |||
| Transportation in Argentina is 18% cheaper than in Panama | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | ARS $1,802,310 (22,305 B/.) | 20,020 B/. | + 11% | |
| 1 liter (1/4 gallon) of gas | ARS $63 (0.78 B/.) | 0.71 B/. | + 10% | |
| Monthly ticket public transport | ARS $1,480 (18 B/.) | 34 B/. | - 46% | |
| Personal Care | - 59% | |||
| Personal Care in Argentina is 59% cheaper than in Panama | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | ARS $272 (3.37 B/.) | 10 B/. | - 65% | |
| 1 box of antibiotics (12 doses) | ARS $588 (7 B/.) | 26 B/. | - 72% | |
| Short visit to private doctor (15 minutes) | ARS $1,114 (14 B/.) | 43 B/. | - 68% | |
| 1 box of 32 tampons (tampax, ob, ...) | ARS $250 (3.10 B/.) | 4.94 B/. | - 37% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ARS $153 (1.89 B/.) | 3.57 B/. | - 47% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ARS $210 (2.60 B/.) | 6 B/. | - 57% | |
| 4 rolls of toilet paper | ARS $111 (1.37 B/.) | 2.30 B/. | - 40% | |
| Tube of toothpaste | ARS $121 (1.50 B/.) | 2.67 B/. | - 44% | |
| Standard men's haircut in expat area of the city | ARS $467 (5.78 B/.) | 16 B/. | - 64% | |
| Entertainment | - 32% | |||
| Entertainment in Argentina is 32% cheaper than in Panama | ||||
| Basic dinner out for two in neighborhood pub | ARS $1,217 (15 B/.) | 33 B/. | - 55% | |
| 2 tickets to the movies | ARS $624 (8 B/.) | 12 B/. | - 33% | |
| 2 tickets to the theater (best available seats) | ARS $2,152 (27 B/.) | 39 B/. | - 31% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | ARS $2,044 (25 B/.) | 57 B/. | - 55% | |
| 1 cocktail drink in downtown club | ARS $379 (4.69 B/.) | 10 B/. | - 53% | |
| Cappuccino in expat area of the city | ARS $150 (1.86 B/.) | 4.47 B/. | - 58% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | ARS $145 (1.79 B/.) | 4.05 B/. | - 56% | |
| Ipad wi-fi 128gb | ARS $60,251 (746 B/.) | 537 B/. | + 39% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | ARS $17 (0.21 B/.) | 0.24 B/. | - 12% | |
| 1 month of gym membership in business district | ARS $1,900 (24 B/.) | 47 B/. | - 50% | |
| 1 package of marlboro cigarettes | ARS $156 (1.94 B/.) | 5.55 B/. | - 65% | |
| TOTAL | - 43% | |||
These prices were last updated on November 27, 2020.
Exchange rate:
0.01238
PAB
/
ARS
*
This comparison is based on abundant and consistent data. It is based on 18,460 prices entered by 1,496 different people.
Cost of living in Argentina is 43% cheaper than in Panama
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