Buenos Aires, Argentina
-15% vs Buenos Aires avgAlmagro is one of the most affordable neighborhoods in Buenos Aires, with a cost of living index of 21.8 — that is -15% compared to the Buenos Aires average. Ranked #18 of 23, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around AR$378,916/month, compared to a range of AR$334,337 in Flores to AR$601,807 in Puerto Madero.
For a typical resident of Almagro, housing takes up roughly 31% of monthly expenses. Food and groceries account for about 18%, while transportation costs around 10%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately AR$15,156,627 before tax.
Salaries in Almagro reflect the local cost of living. Based on the neighborhood COLI of 21.8:
After tax and deductions of 47.3% in Argentina, take-home pay for someone earning AR$15,156,627 would be roughly AR$7,987,542/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.
Estimated annual deductions on a AR$18,221,386 salary in Almagro, Buenos Aires (local employee).
Rates shown are for a local employee. Use the salary converter for expat calculations.
What a $75,000 USD salary in Almagro would need to be elsewhere:
| City | Currency | Equivalent |
|---|---|---|
| New York | USD | $16,350 |
| London | GBP | £14,071 |
| Dubai | AED | AED 81,812 |
| Neighborhood | COLI | Multiplier | vs Avg |
|---|---|---|---|
| Puerto Madero | 34.6 | 1.35x | +35% |
| Palermo Chico | 33.3 | 1.30x | +30% |
| Recoleta | 32.8 | 1.28x | +28% |
| Palermo (Soho) | 32.0 | 1.25x | +25% |
| Palermo Hollywood | 30.2 | 1.18x | +18% |
See exactly what you need to earn in Almagro, Buenos Aires to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to Almagro:
Almagro is one of the more affordable neighborhoods in Buenos Aires. It costs about -15% less than the city average, ranking #18 out of 23 neighborhoods.
The cost of living in Almagro is below the Buenos Aires average. With a multiplier of 0.85x, everyday expenses including rent, food, and transportation are -15% compared to the city baseline.