Study in Argentina: Housing & Living Costs

Due to Argentina’s notorious economic problems, the cost of living is high to Argentinians and is rising. But, as a foreign national, you will find the cost of living to be palatable - and significantly lower than in many European countries or the in United States. As in many countries, the cost of living is generally higher in the capital.

As Buenos Aires is where most international students find themselves, it is this city that the following costs will reflect:

Some average living costs in Buenos Aire are (in ARS and USD):

• Monthly rent (1 bedroom apartment): 22,600ARS ($275)
• Utilities (monthly average): 4600ARS ($55)
• Monthly public transport pass: 1260ARS ($15)
• Meal (inexpensive restaurant): 600ARS ($7.30)
• Coffee: 150ARS ($1.80)
• Milk (1 liter): 65ARS ($0.80)
• Vegetables (1kg): 60ARS ($0.75)
• Eggs (dozen): 130ARS ($1.60)
• Water (1.5 liter): 70ARS ($0.85)*
• Chicken (1kg): 290ARS ($3.55) 
• Wine (bottle): 220ARS ($2.70)
• Bread (loaf): 105ARS ($1.30)

*It's safe to drink the tap water in Buenos Aires. However, outside of the city, it's best to stick to bottled water.

The average cost of living for one person in Buenos Aires is about 35,500ARS ($430) a month.

Argentina’s budget-friendly prices and the vibrancy of Buenos Aires combine to make Argentina a study abroad destination where you can enjoy a cosmopolitan lifestyle on a shoestring. 

Do bear in mind, however, that, unless you speak fluent Spanish, it can be extremely difficult to find work in Argentina. The country is also infamous for its bureaucracy, so this could add to any troubles. You'll need to have enough money to cover yourself from other sources. 

Argentina is a cash-driven country, but cards are becoming more commonplace, particularly in Buenos Aires. However, chip-and-pin cards sometimes aren't accepted, so be sure to carry enough cash with you at all times. 

Healthcare is free, courtesy of the state, for citizens and residents alike. Your student visa counts you as a temporary resident and affords you access to state healthcare. However, even in some parts of Buenos Aires, state healthcare is extremely basic. Some people, both Argentinians and foreign residents alike, choose to take out private health insurance plans once they have arrived in Argentina.