Argentina - Living Wages August 2017. Per Month in ARS

The Living Wage is based on the concept that work should provide an adequate income to cover the necessary living costs of a family. WageIndicator calculates Living Wage for around 50 countries based on prices collected within the WageIndicator Cost of Living Survey. The Living Wage calculated by WageIndicator is composed of seven parts: food, housing, transport, health, education, tax and other costs.

WageIndicator presents Living Wages for several household types and working hours to respond to different demands for living wage information: Typical family Living Wage is a baseline estimate that respects the country specific conditions. Family includes two adults and the number of children is given by country specific fertility rate (2.3 children per woman). One parent is working full-time and the working hours of second parent are approximated by national employment rate (66% in 2017). Standard family Living Wage is estimated for a family composed of two adults and two children. One parent is employed full-time and the second parent works 4 days a week it means family employment rate is 1.8. Single-adult Living Wage represents an acceptable standard of living for a single individual working full-time with no dependents.

Expenditure and Living Wage calculation (monthly rates in ARS)

  Typical family   Standard family   Single-adult  
  from to from to from to
Food 3530 4680 3280 4360 820 1090
Housing 5630 7000 5630 7000 3220 4000
Transport 200 400 200 400 100 200
Health 600 1000 600 1000 150 250
Education 500 1000 500 1000 0 0
Other costs 525 705 510 690 215 275
Total Expenditure 10985 14785 10720 14450 4505 5815
Net Living Wage 6462 8697 5956 8028 4505 5815
Gross Living Wage 7754 10436 7147 9633 5406 6978

Note: For more details see Living Wage FAQ.

Family Living Wages (monthly rates in ARS)

There is not a single answer to what is the adequate cost of living. The result is complex, as the cost of living varies by household composition, location, and employment pattern. The following table presents the Living Wage estimates for a set of common household compositions and under different assumptions about working hours.

  from to
Typical family (two parents + 2.3 children, 1.7 working) 7760 10400
Standard family (two parents + 2 children, 1.8 working) 7150 9640
Two parents and two children, 2 working 6430 8670
Two parents and two children, 1.5 working 8580 11600
Two parents and two children, 1 working 12900 17300
Two parents and three children, 1.7 working 8180 11000
Two parents and four children, 1.7 working 8790 11800
Single-adult without children, 1 working 5410 6980

Note: Results in the table are rounded.

Living Wages in Context (monthly rates in ARS)

Living Wages are presented in context with other wage indicators including minimum wage, poverty line, and various prevailing wages of workers. Table shows the development of income levels over two years.

7-12/20151-6/20167-12/20161-6/2017
  from to from to from to from to
Minimum wage 5588 . 6060 . 7560 . 8060 .
Living Wage - Typical Family 7030 10200 7380 10100 7800 10600 7760 10400
Living Wage - Single Adult 4410 6140 5000 6660 5380 7120 5410 6980
Real wage of low-skilled worker 5480 6890 6030 7530 7930 9780 8710 10500
Real wage of medium-skilled worker 7760 10400 8370 11200 10100 13300 11100 14500
Real wage of high-skilled worker 12600 17200 13700 18800 16400 22400 17800 24100

Note: Reported monthly earnings of workers in low-, medium-, and high-skilled occupations are obtained from the voluntary WageIndicator web surveys on work and wages over the last 36 months. Results in the table are rounded.



Living Wage model diet and food prices in ARS

The food expenditure is the main component of Living Wage and it is determined by the price of food basket. The food prices are taken from WageIndicator Cost of Living Survey which collects the actual prices of all items necessary to calculate the Living Wage. The composition of the food basket is taken from the national food balance sheets published by the UN Food and Agriculture Organization (FAO). The food basket is scaled to 2,100 calories per person per day that is the nutritional requirement for good health proposed by World Bank (Handbook on poverty and inequality, 2009).

Food itemGrams per dayEnergy (kcal)Price per kilo fromto
Wheat, barley and cereals 188 582 20 24
Rice 16 59 9 13
Meat (beef, pork, poultry) 204 408 45 60
Oils (soyabean, olive, palm) 7 61 20 25
Sugar (Raw Equivalent) 75 265 10 12
Maize and products 19 57 15 20
Milk - Excluding Butter 352 169 9 11
Vegetables, Other 73 20 24 40
Potatoes and products 59 40 7 10
Butter, Ghee 5 38 30 50
Groundnuts (Shelled Eq) 1 3 20 30
Pulses, Other and products 1 3 15 20
Cassava and products 3 3 10 15
Egg (price per 10 eggs) 21 27 217 14
Sunflowerseed Oil 19 171 22.5 30
Fish products 13 8 60 70
Beer 80 29 24 40
Sweeteners, Other 12 43 10 12
Beans 0 1 13 18
Sweet potatoes 16 14 8 10
Bananas 23 14 15 18
Soyabeans 0 0 15 27
Apples and products 36 17 12.5 18
Tomatoes and products 30 7 15 20
Onions 21 9 8 12
Oranges, Mandarines 39 10 8 10
Plantains 0 0 15 18
Peas 0 1 10 15
Seeds and kernels 0 0 20 40
Wine 45 31 33.3 46.7
Pineapples and products 2 1 . .
Cream 0 1 25 50
Olives (including preserved) 0 0 45 60
Honey 0 0 40 52.5
Lemons, Limes and products 8 1 14 18
Tea (including mate) 9 4 20 29
Grapefruit and products 7 1 10 15
Coffee and products 2 1 40 60

Data sources:

Living Wage FAQ.

WageIndicator Cost of Living Survey

World Bank Databank, Fertility rate – average births per woman in years 2010-2014

ILO, Estimated participation rate in 2017

FAO, Food balance sheet in 2013 

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