Is Villa Devoto Expensive?

Buenos Aires, Argentina

-20% vs Buenos Aires avg

Living in Villa Devoto, Buenos Aires

Villa Devoto is one of the most affordable neighborhoods in Buenos Aires, with a cost of living index of 20.5 — that is -20% compared to the Buenos Aires average. Ranked #21 of 23, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around AR$356,627/month, compared to a range of AR$334,337 in Flores to AR$601,807 in Puerto Madero.

Monthly Budget Breakdown

For a typical resident of Villa Devoto, housing takes up roughly 29% 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$14,265,060 before tax.

Typical Salaries in Villa Devoto

Salaries in Villa Devoto reflect the local cost of living. Based on the neighborhood COLI of 20.5:

After tax and deductions of 47.0% in Argentina, take-home pay for someone earning AR$14,265,060 would be roughly AR$7,560,482/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

20.5
COLI Index
0.80x
vs City Avg
AR$356,627
Est. 1BR Rent
#21
of 23 Areas
47.0%
Total Deductions

Tax & Deductions in Villa Devoto

Estimated annual deductions on a AR$17,134,789 salary in Villa Devoto, Buenos Aires (local employee).

Income Tax
30%
Social Security
17.0%
Total Deductions: 47.0%
Est. Take-Home: AR$9,076,184/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Villa Devoto would need to be elsewhere:

City Currency Equivalent
New York USD $15,375
London GBP £13,231
Dubai AED AED 76,933

Other Neighborhoods in Buenos Aires

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%

View all 23 neighborhoods in Buenos Aires →

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Compare Villa Devoto

Villa Devoto vs Flores Villa Devoto vs La Boca

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Villa Devoto:

Hoang Mai, Hanoi Wadala, Mumbai Sangotedo, Lagos Targówek, Warsaw District 6, Ho Chi Minh City Tan Phu, Ho Chi Minh City

Frequently Asked Questions

Is Villa Devoto expensive in Buenos Aires?

Villa Devoto is one of the more affordable neighborhoods in Buenos Aires. It costs about -20% less than the city average, ranking #21 out of 23 neighborhoods.

How does Villa Devoto compare to the Buenos Aires average?

The cost of living in Villa Devoto is below the Buenos Aires average. With a multiplier of 0.80x, everyday expenses including rent, food, and transportation are -20% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.