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 Meal - A 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

  • Milk - Milk 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 Fares - Taxi 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.
  • Internet - Internet services average $20.
  • Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs $6.
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: Jan, 2025
Buenos Aires
1. Buenos Aires
Argentina

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
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
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
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
Avg / Range
Apartment (1 bedroom) in City Centre
$500.00
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
Avg / Range
Fitness Club, Monthly Fee for 1 Adult
$40.00
Cinema, International Release, 1 Seat
$7.00
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
OverviewJob Market
Palermo Cost of Living

"Key Takeaways"

Palermo offers a relatively affordable cost of living compared to other major cities. Dining out is reasonably priced, and grocery costs are manageable.

Housing is affordable, especially for those looking to rent in the city centre. Transportation costs are low, making it easy to get around.

Utilities and internet services are also reasonably priced, contributing to an overall affordable lifestyle in Palermo.

Conclusion

In conclusion, Palermo provides a cost-effective living environment with affordable dining, housing, and transportation options.

This makes it an attractive destination for both locals and expatriates looking for a vibrant yet affordable place to live.

Palermo

Nearby Cities

We don't have any relevant "Quality of life" data on cities with a 200 mile radius of Palermo
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