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Q: Argentina ( Answered,   2 Comments )
Question  
Subject: Argentina
Category: Business and Money > Economics
Asked by: chepibe-ga
List Price: $5.00
Posted: 18 Feb 2003 20:49 PST
Expires: 20 Mar 2003 20:49 PST
Question ID: 163302
How much does it cost to live in Argentina?
Answer  
Subject: Re: Argentina
Answered By: tisme-ga on 18 Feb 2003 21:39 PST
 
Hello chepibe, 

This information is probably going to be the best for you: “Student
Cost of Living for Consumables as a percentage of the U.S. National
Norm: 170%” It is dated 2003 and if you live in the US you can
multiply your own cost of living by 170% to get a comparison.
Source: http://www.erieri.com/index.cfm?FuseAction=CareerPlanning.StudentCOLReport

This website has excellent cost of living information for Argentina:
“Argentina is one of the most expensive countries in South America.”
It also says: “Universities suggest that foreign students budget $500
a month.
A minimum budget of $35-40 a day for food and lodging is advised for
tourists (without luxury).” See the page for more information.
Source: http://www.worldstudent.com/uk/studyabroad/argentina/1c.shtml
Unfortunately I could not find a date for the information on the case
so we have no idea how recent it is. You could contact the
organization directly though:
http://www.worldstudent.com/uk/contact.shtml

This website has various sample prices for Argentina and compares it
to other countries:
http://www.relojournal.com/mar2000/col.htm You will be able to see
that Argentina is one of the most expensive countries in the world.
This information appears to be dated March 2000.

"a basket of goods and services that costs US$100 in the US would cost
US$140 in Argentina." (page cached Feb 18, 2003)
Source: http://216.239.51.100/search?q=cache:439T_IF369YC:www.expatforum.com/Resources/icol.htm+argentina+%22cost+of+living%22&hl=en&ie=UTF-8

"Buenos Aires in Argentina has dropped from rank 23 in 2001 to rank
133 this year. Since January, political turmoil and the economic
crisis in Argentina has destabilised the country, with a strong
devaluation of the Peso and inflation increasing every day."
Source: http://www.finfacts.com/costofliving.htm

On the second page of this document:
Buenos Aires, Argentina was listed as 133 in 2002 and 23 in 2001.
Buenos Aires was ranked at 51.0 in 2002 and 83.6 in 2001.
Source: http://www.finfacts.ie/costofliving1.htm

This means that Argentina got more expensive to live in (moving up the
list) in 2002. I realize that this doesn't tell you how much it costs
to live in Argentina so I am moving this to the end of the question.
(Including it in case you are interested).

tisme-ga


Search Strategy:

argentina "cost of living"
://www.google.com/search?q=argentina+%22cost+of+living%22

argentina
://www.google.com/search?q=argentina
Comments  
Subject: Re: Argentina
From: marcelito-ga on 19 Feb 2003 06:13 PST
 
Most of the information provided is wrong because it doesn't take into
consideration that that argentinian peso, that once had the same value
of the US Dollar has been strongly devaluated.

The current exchange rate is now more than 3 argentinian pesos to one
dollar, so most things are 3 times cheaper now.

The researcher did an excellent job, but I believe that some of the
pages where not updated, even when some of them are dated 2003.
Subject: Re: Argentina
From: data-ga on 26 Feb 2003 19:11 PST
 
Buenos Aires, capital city of Argentina is the 5th cheaper place to
live in the world, according to The Economist Intelligence Unit. They
are currently selling a report with the details of their research at
http://store.eiu.com/index.asp?layout=product_home_page&product_id=1990000199

I have read the original press release, which was replaced by the one
that is online now: http://store.eiu.com/index.asp?layout=pr_story&press_id=670000667&ref=pr_list

Besides, it is important to know that in Argentina (again according to
The Economist) you can eat the cheaper Big Mac in the World: “The
cheapest burger is in Argentina, at $1.18, against an average American
price of $2.65. This implies that the peso is 55% undervalued.”

http://www.economist.com/markets/bigmac/displayStory.cfm?story_id=1537385

Search strategies

The Economist group press
://www.google.com/search?hl=en&lr=&ie=UTF-8&oe=UTF-8&q=the+economist+group+press

Big Mac Index
://www.google.com/search?hl=en&lr=&ie=UTF-8&oe=UTF-8&q=big+mac+index

I hope it is useful for you

Kind regards

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