Argentina - Living Wages October 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 uses prices from the Cost of Living Survey to calculate Living Wage for 60 countries. The Living Wage is an approximate income needed to meet a family’s basic needs including food, housing, transport, health, education, tax deductions and other necessities.

The following table summarises the varying expenditure and income needs for the three commonly occurring family household compositions.

Expenditure and Living Wage calculation (monthly rates in Argentine Peso)

  Typical family   Standard family   Single-adult  
  from to from to from to
Food 4030 5380 3740 5000 935 1250
Housing 5970 7340 5970 7340 3430 4300
Transport 400 500 400 500 200 250
Health 500 1000 500 1000 125 250
Education 500 1000 500 1000 0 0
Other costs 570 760 555 740 235 300
Total Expenditure 11970 15980 11665 15580 4925 6350
Net Living Wage 7041 9400 6481 8656 4925 6350
Gross Living Wage 8450 11300 7780 10400 5910 7620

Note: For more details see Living Wage FAQ.

Family Living Wages (monthly rates in Argentine Peso)

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 most common family household compositions and under different assumptions about working hours.

  from to
Typical family (two parents + 2.3 children, 1.7 working) 8450 11300
Standard family (two parents + 2 children, 1.8 working) 7780 10400
Two parents and two children, 2 working 7000 9350
Two parents and two children, 1.5 working 9330 12500
Two parents and two children, 1 working 14000 18700
Two parents and three children, 1.7 working 8930 11900
Two parents and four children, 1.7 working 9630 12900
Single-adult without children, 1 working 5910 7620

Note: Results in the table are rounded.

Living Wages in Context (monthly rates in Argentine Peso)

The Minimum Wage is a national legally binding obligation on employers which often make no reference to a living standard. Living Wage describes the adequate living standard. The common goal of the many living wage campaigns currently taking place all over the world is to lift Minimum Wages levels to those of the Living Wages. WageIndicator presents Living Wages jointly with Minimum Wages, aiming to raise awareness concerning the remaining differences in levels. Living Wages are presented in context with other wage indicators including prevailing wages of workers over recent years.

  2014 . 2015 . 2016 . 2017 .
  from to from to from to from to
Minimum wage 3600 4400 4716 5588 6060 7560 8060 8060
Living Wage - Single Adult 3610 4860 4210 5680 5020 6430 5910 7620
Living Wage - Typical Family 5810 8190 6390 8980 7350 9820 8450 11300
Real wage of low-skilled worker 4590 5990 5850 7460 6970 8760 8050 9910
Real wage of medium-skilled worker 6290 8530 7800 10400 9020 11900 10200 13200
Real wage of high-skilled worker 9660 13200 12100 16200 13800 18300 15300 20000

Note: Table shows the lowest monthly Minimum Wage in a country, when available. Reported monthly earnings of workers in low-, medium-, and high-skilled occupations are obtained from the voluntary WageIndicator web survey on work and wages. Results in the table are rounded.


Food basket and food prices in Argentine Peso

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 10 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 10.8 14.2
Sunflowerseed Oil 19 171 23 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 13 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 42.5 57.5
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

WageIndicator Living Wage background:

The WageIndicator Living Wage is set to provide acceptable living standard to a family of a particular size. WageIndicator presents Living Wages for several household types and working hours which reflect the most frequently found real situations in which people have to make a living: 1. Typical family Living Wage is a baseline estimate that respects the country specific conditions. Typical family is comprised of two adults and the number of children is given by country specific fertility rate (the average number of children a woman is expected to have during her lifespan). One adult is working full-time and the working hours of second adult are approximated by national employment rate. The total income earned by two adults paid living wage is sufficient to reach adequate living standard. 2. Standard family Living Wage is estimated for a family composed of two adults and two children (referred to as family 2+2). Living wage is calculated under different assumptions about working hours. These include that both adults work full-time (family employment rate is 2), or at least one adult works part-time or half-time (family employment rate is 1.8 and 1.5), or one adult does not work at all (i.e. patriarchal model with family employment 1). Alternatives refer to trade-offs between leisure and work and define what living wage represents. In every case the total income earned by two adults paid living wage is sufficient to reach adequate living standard. 3. Extended family Living Wage includes family with three or four children. One adult works full-time and the work intensity of second parent is approximated by national employment rate. 4. Individual Living Wage represents an acceptable standard of living for a single individual working full-time.

Data sources: WageIndicator Cost of Living Survey, World Bank Databank Fertility rate 2010-2014, ILO Estimated participation rate in 2017, FAO Food balance sheet in 2013.

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