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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? |
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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 |
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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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