Living Wage Series - Argentina - December 2018 - In Argentine Peso, per Month

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 in more than 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 4050-5490 3770-5110 940-1280
Housing 9090-11500 9090-11500 4960-6570
Transport 400-540 400-540 200-270
Health 750-1000 750-1000 190-250
Education 725-1000 725-1000 0
Other costs 750-975 735-955 315-420
Total Expenditure 15765-20505 15470-20105 6603-8790
Net Living Wage 9274-12062 8594-11169 6603-8790
Gross Living Wage 11100-14500 10300-13400 7930-10600

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) 11100-14500
Standard family (two parents + 2 children, 1.8 working) 10300-13400
Two parents and two children, 2 working 9280-12100
Two parents and two children, 1.5 working 12400-16100
Two parents and two children, 1 working 18600-24100
Two parents and three children, 1.7 working 11600-15100
Two parents and four children, 1.7 working 12300-16100
Single-adult without children, 1 working 7930-10600

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.

  2015 2016 2017 2018
Minimum wage 5588 7560 8060 10700
Living Wage - Single Adult 4890-6460 5630-7650 6600-8650 7930-10600
Living Wage - Typical Family 7700-10100 8410-11200 9560-12200 11100-14500
Real wage of low-skilled worker 4840-6390 6400-8270 8060-10100 9260-11300
Real wage of medium-skilled worker 6490-8790 8320-11100 9990-13000 11600-14700
Real wage of high-skilled worker 9690-13300 12500-16800 14700-19400 16700-21600

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.

Argentina Graph

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 item Grams per day Energy (kcal) Price per kilo
Wheat, barley and cereals products 188 582 20-28
Rice 16 59 11-15
Meat (beef, pork, poultry) 204 408 50-70
Oils (soyabean, olive, palm) 7 61 20-29
Sugar (Raw Equivalent) 75 265 10-12
Maize and products 19 57 18-20
Milk - Excluding Butter 352 169 11-13
Vegetables, Other 73 20 25-40
Potatoes and products 59 40 8-10
Butter, Ghee 5 38 50-60
Groundnuts (Shelled Eq) 1 3 23-40
Pulses, Other and products 1 3 18-30
Cassava and products 3 3 10-15
Egg (price per 10 eggs) 21 27 13-17
Sunflowerseed Oil 19 171 25-35
Fish products 13 8 65-80
Beer (0.5 liter/pint) 80 29 32-44
Sweeteners, Other 12 43 10-12
Beans 0 1 13-20
Sweet potatoes 16 14 10-15
Bananas 23 14 15-20
Soyabeans 0 0 20-30
Apples and products 36 17 15-20
Tomatoes and products 30 7 18-25
Onions 21 9 12-17
Oranges, Mandarines 39 10 15-20
Plantains 0 0 15-20
Peas 0 1 12-20
Seeds and kernels 0 0 25-50
Wine (bottle) 45 31 47-60
Pineapples and products 2 1 23-36
Cream 0 1 30-60
Olives (including preserved) 0 0 60-89
Honey 0 0 45-60
Lemons, Limes and products 8 1 15-20
Tea (including mate) 9 4 15-25
Grapefruit and products 7 1 10-15
Coffee and products 2 1 45-60

 

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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