Buenos Aires, Argentina
+2% vs Buenos Aires avgRetiro is a relatively affordable area in Buenos Aires, with a cost of living index of 26.1 — that is +2% compared to the Buenos Aires average. At #12 of 23, it is below the city average in cost. Estimated rent for a one-bedroom apartment here is around AR$454,699/month, compared to a range of AR$334,337 in Flores to AR$601,807 in Puerto Madero.
For a typical resident of Retiro, housing takes up roughly 37% 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$18,187,952 before tax.
Salaries in Retiro reflect the local cost of living. Based on the neighborhood COLI of 26.1:
After tax and deductions of 48.1% in Argentina, take-home pay for someone earning AR$18,187,952 would be roughly AR$9,439,547/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.
Estimated annual deductions on a AR$21,815,512 salary in Retiro, 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 Retiro would need to be elsewhere:
| City | Currency | Equivalent |
|---|---|---|
| New York | USD | $19,575 |
| London | GBP | £16,846 |
| Dubai | AED | AED 97,949 |
| 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 Retiro, Buenos Aires to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to Retiro:
Retiro is near the city average for Buenos Aires. Costs are about +2% vs the average, making it a mid-range neighborhood.
The cost of living in Retiro is near the Buenos Aires average. With a multiplier of 1.02x, everyday expenses including rent, food, and transportation are +2% compared to the city baseline.