Cost of living in Palermo
Palermo, a vibrant neighborhood in Buenos Aires, Argentina, is known for its cultural diversity and lively atmosphere. Understanding the cost of living here is crucial for anyone considering a move or extended stay.This guide provides a detailed breakdown of expenses in Palermo, covering everything from dining and groceries to housing and transportation.Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant MealA meal at a casual restaurant will typically cost $12 on average.
- Mid-Range Restaurant (Three-Course Meal for Two)For a more upscale dining experience, expect to pay around $45.
- Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $10.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer is about $2, imported beer $3, cappuccino $3, and Coke/Pepsi $0.6.
Grocery Prices
- MilkMilk is priced at $1.5 per liter.
- Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs $3.3.
- Eggs (Dozen)A dozen eggs cost $2.4.
- Fruits (e.g., Oranges, Bananas)Oranges and bananas are priced at $1 and $2 per kg respectively.
- Vegetables (e.g., Potatoes, Tomatoes)Potatoes and tomatoes are priced at $1 and $2 per kg respectively.
Transportation
- Fuel (Gasoline)Gasoline is priced at $1.2 per liter.
- Taxi FaresTaxi fares start at $1.7, with a cost of $0.85 per km and $10.2 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre averages $500.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment cost $106.25.
- InternetInternet services average $20.
- Mobile Phone PlanA mobile phone plan with calls and 10GB+ data costs $6.
Cost of Living Data
The following pricing data has been gathered from 1 user contributions, as of the most recent update in November, 2024.
Restaurants
Restaurants
Avg
Range
Meal, Inexpensive Restaurant
$12.00
Meal for 2 People, Mid-range Restaurant, Three-course
$45.00
McMeal at McDonalds (or Equivalent Combo Meal)
$10.00
Domestic Beer (0.5 liter draught)
$2.00
Imported Beer (0.33 liter bottle)
$3.00
Coke/Pepsi (0.33 liter bottle)
$0.60
Cappuccino (regular)
$3.00
Markets
Markets
Avg
Range
Milk (regular), (1 liter)
$1.50
Loaf of Fresh White Bread (500g)
$3.30
Eggs (regular) (12)
$2.40
Local Cheese (1kg)
$9.00
Water (1.5 liter bottle)
$1.00
Bottle of Wine (Mid-Range)
$3.00
Chicken Fillets (1kg)
$6.00
Oranges (1kg)
$1.00
Potato (1kg)
$1.00
Rice (white), (1kg)
$1.30
Tomato (1kg)
$2.00
Banana (1kg)
$2.00
Onion (1kg)
$1.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$6.00
Transportation
Transportation
Avg
Range
Gasoline (1 liter)
$1.20
Taxi Start (Normal Tariff)
$1.70
Taxi 1km (Normal Tariff)
$0.85
Taxi 1hour Waiting (Normal Tariff)
$10.20
Rent Per Month
Rent Per Month
Avg
Range
Apartment (1 bedroom) in City Centre
$500.00
Utilities (Monthly)
Utilities (Monthly)
Avg
Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$106.25
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$20.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$6.00
Sports And Leisure
Sports And Leisure
Avg
Range
Fitness Club, Monthly Fee for 1 Adult
$40.00
Cinema, International Release, 1 Seat
$7.00
Clothing And Shoes
Clothing And Shoes
Avg
Range
1 Pair of Jeans (Levis 501 Or Similar)
$150.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$70.00
Worldwide
Argentina
Cost of Living Rankings
The cost of living indices for Argentina are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Argentina, covering factors like consumer goods, rent, and purchasing power.
Highest to LowestUpdated: Oct, 2025
