In the city of Buenos Aires, the middle class corresponds to the income of a typical family They should have risen by just over $40,000 in November. Without taking into account the rent, needed $2,076,904 per month last month to earn more up from $2,036,155 in October. If you add the cost of a rental, The threshold increases to over $3,000,000 per month.
In the meantime, so as not to be poorYour income You must have exceeded $1,308,061. AND more than $703,324 to avoid being homeless.
Between the values of poverty and those of the middle class lay the vulnerable and fragile middle classes, according to the Institute of Statistics and Censuses of the City of Buenos Aires (CABA).
Average, Rental of used apartments in CABAin the third quarter of this year, They cost $454,388 for one room, $618,452 (2 rooms) And $939,565 (3 rooms), according to the Buenos Aires Institute. For this fourth quarter they are likely to be slightly higher.
So, renting a modest apartment (2 rooms), the same typical family (two adults and two minor children) would have to have an income of more than $2,000,000 to not be considered poor and over $3,000,000 per month to be middle class (renting 3 rooms).
These averages vary depending on the services that individuals or families used, such as medicine or private schools, cars or housing (owner or renter). It is estimated that 35% of residents of houses in Buenos Aires are renters.
Inflation in Buenos Aires shows higher percentages for items related to services because it is measured using a more current expenditure structure.
The poverty type family basket increased from $1,279,205 in October to $1,308,061 an increase of 2.3% and a year-on-year increase of 26.7%.
Now it is Family poverty basket from $687,366 increased to $703,324 per year Increase of 2.3% or 27.5% compared to the previous year, according to the Buenos Aires Institute.
These incomes correspond to a 35-year-old married couple consisting of a woman and a man, both economically active and homeowners, with two male children aged 9 and 6.
This advancement of the destitute and poverty line is due to the fact that since then The CPI reached the lowest index of 1.6% in August, rose to 2.2% in September and 2.3% in October. to locate in the 2.4% in November.
The largest increases in food last month were recorded in meat and by-products (4.5%), fruits (6.8%), sugar (3.2%) and oil, butter and fats (2.9%), while there were declines in vegetables and legumes (5.1%), all items that impact the food basket.
Among services, gas (5.5%), financial services (4.5%), electricity (+3.6%), transport (2.9%), leisure and culture (4.0%) and personal care items (3.7%) stood out, with a greater weight in the middle sectors.
In these 11 months, meat and derivatives recorded an increase of 39.4% and fruit of 42.2%: two items with a strong impact on the basic basket, in both cases well above the average inflation (28.3%).
Apartment rent also rose by 34.7% in 11 months and general living costs, such as: B. Expenses (33.5%).
In the service sector, the share of finance increases to 55.5% and that of insurance to 51.1%. And over the interannual period they increase to 62.9% and 60%, respectively.
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