Cost Of Living in Cordoba 2025

cost of living chart - average monthly expenditure in Cordoba

Average monthly spending for singles, couples, students, and families in Cordoba

Whether you're living in Cordoba or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Average Monthly Expenditure

Currency: ARS
63,000 820,000 8.2M
MINIMUM AVERAGE MAXIMUM
$75 $970 $9,700

Monthly Expenditure ▶ Single

Currency: ARS
79,000 570,000 3.8M
MINIMUM AVERAGE MAXIMUM
$94 $670 $4,500

Monthly Expenditure ▶ Couple

Currency: ARS
320,000 950,000 5M
MINIMUM AVERAGE MAXIMUM
$370 $1,100 $6,000

Monthly Expenditure ▶ Family

Currency: ARS
440,000 1.3M 8.2M
MINIMUM AVERAGE MAXIMUM
$520 $1,500 $9,700

Monthly Expenditure ▶ Student

Currency: ARS
63,000 420,000 2.8M
MINIMUM AVERAGE MAXIMUM
$75 $500 $3,300
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.

Singles

The average monthly expense for a single person living in Cordoba is 570,000 ARS. Expenses can range from 79,000 ARS at the minimum level to 3.8M ARS at the highest end.


Couples

The average monthly spending of couples in Cordoba is 950,000 ARS. Expenditure can range from 320,000 ARS to 5M ARS per month.


Families

The average cost of living for families in Cordoba is 1.3M ARS per month. Families spend anywhere from 440,000 ARS to 8.2M ARS.


Students

The average monthly expenditure for students in Cordoba is 420,000 ARS. Students spend from 63,000 ARS to 2.8M ARS per month.


Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.
Percentage of people who manage to save money from their income every month in Cordoba

How much money can you save in Cordoba every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.


What percentage of people in Cordoba manage to save money from their income every month?


Saving Money
58%
Not Saving
42%

Almost 58% of the surveyed people in Cordoba said that they can save some money at the end of each month while 42% said that aren't saving anything.


Percentage of people saving money by population group in Cordoba

GroupSaversNon Savers
Singles58%42%
Couples53%47%
Families47%53%

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


Savings to income ratio in Cordoba

Saving to Income Ratio

11% 18% of income 32%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

18,000 ARS
$21
230,000 ARS
$270
2.3M ARS
$2,700
MINIMUM AVERAGE MAXIMUM

For most people, 11% to 32% of their monthly income is what they can allocate to their savings, with 18% being the average. The amount of money that people can save is approximately 230,000 ARS on average with savings ranging from 18,000 ARS to 2.3M ARS.

58% of surveyed singles reported some of their income going to savings while 53% of couples said the same. 47% of families confirmed their ability to save money.


How much money do people actually save in Cordoba?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.


Singles

Saving to Income Ratio

14% 23% of income 34%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

18,000 ARS
$21
160,000 ARS
$190
1.1M ARS
$1,200
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for singles

Saving To Income Ratio% Singles
0% - 10%34%
10% - 20%27%
20% - 30%17%
30% - 40%11%
40% - 50%8%
> 50%3%

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 14% to 34% of their monthly income to savings, with 23% being the average for most singles. The average amount of money that singles are able to save is 160,000 ARS with 18,000 ARS and 1.1M ARS being the minimum and maximum respectively.


Couples

Saving to Income Ratio

12% 20% of income 33%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

88,000 ARS
$100
260,000 ARS
$310
1.4M ARS
$1,700
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%38%
10% - 20%29%
20% - 30%20%
30% - 40%6%
40% - 50%5%
> 50%2%

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 12% to 33% of their monthly income, with 20% being the average for most couples. The average amount of money that couples can save is 260,000 ARS with 88,000 ARS and 1.4M ARS being the minimum and maximum respectively.


Families

Saving to Income Ratio

9.7% 17% of income 30%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

120,000 ARS
$150
350,000 ARS
$410
2.3M ARS
$2,700
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%41%
10% - 20%32%
20% - 30%21%
30% - 40%3%
40% - 50%2%
> 50%1%

Interpretation and Analysis

Families in Cordoba can save anywhere between 9.7% to 30% of their monthly income, with 17% being the average for most families. The average amount of money that families can put aside is 350,000 ARS with 120,000 ARS and 2.3M ARS being the minimum and maximum respectively.

Chart showing the percentage of people who are in debt in Cordoba

Debt, loans, and mortgages in Cordoba


Percentage of people who are in debt


In Debt
30%
Debt Free
70%

According to the survey, 30% of the people in Cordoba have some kind of debt, loan, mortgage, or credit card payments while 70% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Cordoba

Debt-to-income ratio in Cordoba

Debt to income ratio

34%

26% to 44%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 34% of the people's monthly income in Cordoba goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%4%
50% - 60%21%
40% - 50%16%
30% - 40%18%
20% - 30%8%
10% - 20%9%
0% - 10%24%

According to our data, 4% of the debtors in Cordoba pay 60%+ of their income as debt settlement while 21% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 16% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 18% dedicated 30% to 40% of income for same. Things are looking brighter for 8% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Cordoba

Debt% People
Real Estate Mortgage6%
Auto Loan11%
Student Loan4%
Credit Card32%
Personal Loan46%

6% of debtors in Cordoba confirm that real estate mortgages constitutes the main part of their outstanding debt while 32% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 11% of people and personal loans rose at 46%. Lastly, student loans are the main source of debt for 4% of debtors in Cordoba.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Cordoba

Besides measuring the loan-to-income ratio, we asked residents how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never48%
Once a year25%
Twice a year13%
Three times a year9%
Four times a year5%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Where do people choose to put their savings in Cordoba

Typical saving choices for people in Cordoba

Where do people choose to put their savings?


Saving Type% People
Emergency Funds13%
Gold14%
Savings Accounts16%
Retirement Accounts9%
Cash Savings23%
Real Estate9%
Investment5%
Stocks3%
Bonds4%
Mutual Funds2%
Certificates of Deposit2%

Retirement, pension plans, and life after work in Cordoba

What does the retirement lifestyle look like in Cordoba and how much retirement savings are required?

Retirement age

The retirement age for most employees in is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.


The typical saved amount of money you should have at every age as multiples of monthly salary:
AgeAmount
255x monthly salary at age 25
3010x monthly salary at age 30
3515x monthly salary at age 35
4025x monthly salary at age 40
4532x monthly salary at age 45
5048x monthly salary at age 50
5556x monthly salary at age 55
6064x monthly salary at age 60
6578x monthly salary at age 65

The typical average saved amount of money you should have at every age in Cordoba:
AgeAmount
252.1M ARS
304.2M ARS
357.3M ARS
4010M ARS
4516M ARS
5022M ARS
5526M ARS
6032M ARS
6539M ARS

Retirement Income Distribution

We asked residents about their retirement income sources and below are the results.

Source% People
Pensions11%
Savings24%
Investments11%
Social Security6%
Annuities6%
Part-time Job17%
Real Estate19%
Dividends and Interest6%

Retirement Monthly Expenses in Cordoba

47,000 ARS
$56
420,000 ARS
$500
2.8M ARS
$3,300
MINIMUM AVERAGE MAXIMUM

Emergency Funds

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents whether they have an emergency fund and the answers were as follows.

Yes47%

No53%


Based on the survey, 53% of the people living in Cordoba said that they don't have an emergency fund while 47% said that they do.

Financial literacy and difficulty in budgeting and financial planning in Cordoba

Financial Literacy in

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy39%


We asked residents of whether they acquired any adequate personal financial training in their lives. Approximately 61% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 39% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 51% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 49% said that they have everything under control.

Struggles with finance51%

Easily manages finances49%

Expenditure to Income Ratio in Cordoba

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.

Cost of living and expenditure to income ratio in Cordoba

Spending to Income Ratio

94%

86% to 100%

( expenditure / income ) x 100


Expense to income distribution levels

Spending To Income Ratio% People
< 50%3%
50% - 60%7%
60% - 70%14%
70% - 80%24%
80% - 90%22%
90% - 100%12%
100% - 110%6%
110% - 120%4%
120% - 130%3%
130% - 140%3%
> 140%2%

Interpretation and Analysis

The average spending-to-salary ratio in Cordoba is 94% This means that on average, people spend around 94% of their income for living. According to the distribution table, 14% of the population spend approximately 60% to 70% of their income every month.


How can spending be more than income?

A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.



Individual
84%
Spending-Income-Ratio
77%
93%

Couple
89%
Spending-Income-Ratio
82%
98%

Family
98%
Spending-Income-Ratio
90%
110%
Income and cost of living compatibility. Is it affordable or economical to live in Cordoba

Affordable living in Cordoba

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Cordoba?


Yes
47%
No
53%

Around 47% of surveyed residents think that living in Cordoba is affordable with proper budgeting while 53% reported that it is just too expensive and not affordable even with frugality and thriftness.

Reasons that make it difficult for people to save money in Cordoba

Saving Challenges in Cordoba

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Cordoba. Listed below are the answers given by the survey participants.


Reason% People
Low Income4%
High Expenses7%
Debt and Loans11%
Lack of Budgeting Skills12%
Impulsive Spending13%
Financial Emergencies7%
Living the moment5%
Will do it later23%
Inflation15%
Social Pressure2%
Market Instability2%

Around 4% of the people said that their salary is too low to accommodate a portion for savings while 7% said that the high cost of living leaves little room for savings. 11% of the residents said that they are burdened with debt and find it challenging to save money. 12% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 13% blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 23% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 15% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 2% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Prices and cost of goods and services in Cordoba

Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Cordoba

Dining, food, and beverages costs


Fast food combo meal

740 ARS 1,500 ARS 2,500 ARS
MINIMUM AVERAGE MAXIMUM
$0.87 $1.7 $2.9

Restaurant meal for one

2,600 ARS 3,900 ARS 7,700 ARS
MINIMUM AVERAGE MAXIMUM
$3 $4.6 $9.1

Fine dining meal for one

5,200 ARS 7,700 ARS 31,000 ARS
MINIMUM AVERAGE MAXIMUM
$6.1 $9.1 $37

Cappuccino or latte

620 ARS 990 ARS 1,500 ARS
MINIMUM AVERAGE MAXIMUM
$0.73 $1.2 $1.7

Grocery and market costs


Milk large bottle

490 ARS 590 ARS 740 ARS
MINIMUM AVERAGE MAXIMUM
$0.58 $0.70 $0.87

12 eggs

370 ARS 490 ARS 740 ARS
MINIMUM AVERAGE MAXIMUM
$0.44 $0.58 $0.87

Fresh whole chicken

840 ARS 1,100 ARS 1,500 ARS
MINIMUM AVERAGE MAXIMUM
$0.99 $1.3 $1.8

Pack of beef

990 ARS 1,500 ARS 3,000 ARS
MINIMUM AVERAGE MAXIMUM
$1.2 $1.7 $3.5

Medium bag of rice

400 ARS 540 ARS 770 ARS
MINIMUM AVERAGE MAXIMUM
$0.47 $0.64 $0.91

Bag of tomatos

150 ARS 200 ARS 370 ARS
MINIMUM AVERAGE MAXIMUM
$0.17 $0.23 $0.44

Bag of apples

260 ARS 350 ARS 570 ARS
MINIMUM AVERAGE MAXIMUM
$0.31 $0.41 $0.67
Chart showing the prices and cost of commute, travel, and transportation in Cordoba

Commute, travel, and transportation costs


20 minutes taxi ride

640 ARS 770 ARS 1,500 ARS
MINIMUM AVERAGE MAXIMUM
$0.76 $0.91 $1.8

Average car full tank

3,700 ARS 4,900 ARS 9,900 ARS
MINIMUM AVERAGE MAXIMUM
$4.4 $5.8 $12

Average car 1-day rental

4,000 ARS 5,400 ARS 8,100 ARS
MINIMUM AVERAGE MAXIMUM
$4.8 $6.4 $9.5

Average car price

1.8M ARS 3.7M ARS 4.9M ARS
MINIMUM AVERAGE MAXIMUM
$2,200 $4,400 $5,800

Bus ticket one way

130 ARS 200 ARS 400 ARS
MINIMUM AVERAGE MAXIMUM
$0.16 $0.24 $0.48

Car Service

5,400 ARS 8,100 ARS 16,000 ARS
MINIMUM AVERAGE MAXIMUM
$6.4 $9.5 $19
Chart showing the prices and cost of utility, energy, water, and gas in Cordoba

Utility cost (monthly)


Utility Bill - Individual

4,800 ARS 34,000 ARS 230,000 ARS
MINIMUM AVERAGE MAXIMUM
$5.6 $40 $270

Utility Bill - Couple

13,000 ARS 43,000 ARS 280,000 ARS
MINIMUM AVERAGE MAXIMUM
$15 $50 $330

Utility Bill - Family

22,000 ARS 63,000 ARS 410,000 ARS
MINIMUM AVERAGE MAXIMUM
$26 $75 $490

Internet and cable

3,700 ARS 7,400 ARS 9,900 ARS
MINIMUM AVERAGE MAXIMUM
$4.4 $8.7 $12

Mobile phone charges

3,000 ARS 4,900 ARS 15,000 ARS
MINIMUM AVERAGE MAXIMUM
$3.5 $5.8 $17

Leisure and activities costs


Movie ticket

1,800 ARS 2,500 ARS 3,700 ARS
MINIMUM AVERAGE MAXIMUM
$2.2 $2.9 $4.4

One month gym membership

6,500 ARS 8,100 ARS 16,000 ARS
MINIMUM AVERAGE MAXIMUM
$7.6 $9.5 $19
Chart showing the prices and cost of clothing and accessories in Cordoba

Cloths and accessories costs


Pair of jeans or pants

4,700 ARS 6,700 ARS 10,000 ARS
MINIMUM AVERAGE MAXIMUM
$5.6 $8 $12

Woman dress

4,500 ARS 6,200 ARS 20,000 ARS
MINIMUM AVERAGE MAXIMUM
$5.3 $7.3 $24

Woman shoes

4,200 ARS 5,800 ARS 13,000 ARS
MINIMUM AVERAGE MAXIMUM
$5 $6.8 $16

Men's shoes

3,700 ARS 4,500 ARS 9,000 ARS
MINIMUM AVERAGE MAXIMUM
$4.3 $5.3 $11

Men suit

4,000 ARS 5,000 ARS 27,000 ARS
MINIMUM AVERAGE MAXIMUM
$4.8 $6 $32

Regular t-shirt

2,000 ARS 2,700 ARS 8,100 ARS
MINIMUM AVERAGE MAXIMUM
$2.4 $3.2 $9.5
Chart showing the prices and cost of housing, accommodation, and rent in Cordoba

Housing costs / monthly rent


Studio apartment

67,000 ARS 100,000 ARS 270,000 ARS
MINIMUM AVERAGE MAXIMUM
$80 $120 $320

1-bedroom apartment

100,000 ARS 160,000 ARS 400,000 ARS
MINIMUM AVERAGE MAXIMUM
$120 $190 $480

2-bedroom apartment

130,000 ARS 200,000 ARS 540,000 ARS
MINIMUM AVERAGE MAXIMUM
$160 $240 $640

Housing costs / Buying


Studio apartment

13M ARS 20M ARS 40M ARS
MINIMUM AVERAGE MAXIMUM
$16,000 $24,000 $48,000

1-bedroom apartment

16M ARS 27M ARS 100M ARS
MINIMUM AVERAGE MAXIMUM
$19,000 $32,000 $120,000

2-bedroom apartment

27M ARS 81M ARS 160M ARS
MINIMUM AVERAGE MAXIMUM
$32,000 $95,000 $190,000
Chart showing the prices and cost of furniture in Cordoba

Furniture Costs


King Size Bed

74,000 ARS 92,000 ARS 120,000 ARS
MINIMUM AVERAGE MAXIMUM
$87 $110 $150

Double Bed

49,000 ARS 74,000 ARS 92,000 ARS
MINIMUM AVERAGE MAXIMUM
$58 $87 $110

Single Bed

43,000 ARS 57,000 ARS 74,000 ARS
MINIMUM AVERAGE MAXIMUM
$51 $67 $87

Living Room

82,000 ARS 110,000 ARS 370,000 ARS
MINIMUM AVERAGE MAXIMUM
$97 $120 $440

Dining Table

37,000 ARS 49,000 ARS 92,000 ARS
MINIMUM AVERAGE MAXIMUM
$44 $58 $110

Sofa or Couch

49,000 ARS 67,000 ARS 150,000 ARS
MINIMUM AVERAGE MAXIMUM
$58 $80 $170
Chart showing the prices and cost of electronic devices and appliances in Cordoba

Electronics and House Appliance Costs


TV Set

49,000 ARS 74,000 ARS 150,000 ARS
MINIMUM AVERAGE MAXIMUM
$58 $87 $170

Fridge or Freezer

43,000 ARS 67,000 ARS 92,000 ARS
MINIMUM AVERAGE MAXIMUM
$51 $80 $110

Washing Machine

57,000 ARS 82,000 ARS 150,000 ARS
MINIMUM AVERAGE MAXIMUM
$67 $97 $170

Stove or Cooker

53,000 ARS 67,000 ARS 92,000 ARS
MINIMUM AVERAGE MAXIMUM
$62 $80 $110

Mobile Phone

62,000 ARS 74,000 ARS 110,000 ARS
MINIMUM AVERAGE MAXIMUM
$73 $87 $120

Laptop or Computer

67,000 ARS 82,000 ARS 150,000 ARS
MINIMUM AVERAGE MAXIMUM
$80 $97 $170
Financial goals and targets of people living in Cordoba

Financial goals of people in Cordoba

In an attempt to understand the economic situation in Cordoba, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund9%
Debt Reduction48%
Retirement Savings12%
Education Funding6%
Homeownership19%
Investing5%
Travel or Lifestyle4%
Healthcare Expenses16%
Financial Independence3%

Around 9% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 48% said their number one priority is to pay off high-interest debt or loans and improve credit. 12% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 6% reported that their priority is saving for the tuition fees and education costs of their children while 19% choose to buy a home or pay off existing mortgage before other things. 5% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 4% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 16% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Distribution of monthly cost of living expenses in Cordoba

How do people spend their money in Cordoba?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing Expenditure22%

22% of total expenses on average (11% to 30%)

LOW$22   19,000 ARS
AVERAGE$290   250,000 ARS
HIGH$2,900   2.5M ARS
Per Month

People living in Cordoba typically spend from 11% to 30% of their total monthly expenditure on housing with 22% being the average. The average spend on housing is 250,000 ARS with expenditure ranging from 19,000 ARS to 2.5M ARS. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utilities, Electricity, Water, Internet, Mobile8%

8% of total expenses on average (5% to 12%)

LOW$3.7   3,200 ARS
AVERAGE$49   41,000 ARS
HIGH$490   410,000 ARS
Per Month

Utility expenditure like electricity, water, and gas in Cordoba ranges from 5% to 12% of total expenses with 8% being the average. The average monthly cost of utilities is 41,000 ARS with 3,200 ARS and 410,000 ARS being the upper and lower limits.

Transport, Fuel, Commute6%

6% of total expenses on average (3% to 10%)

LOW$7.5   6,300 ARS
AVERAGE$97   82,000 ARS
HIGH$970   820,000 ARS
Per Month

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 6,300 ARS to 820,000 ARS on commuting with 82,000 ARS being the norm for most people in one month. This means that money spent on transport constitutes about 6% of total spending on average but can go as low as 3% or as high as 10%.

Food and Groceries Cost29%

29% of total expenses on average (21% to 35%)

LOW$19   16,000 ARS
AVERAGE$240   210,000 ARS
HIGH$2,400   2.1M ARS
Per Month

The average outlay on groceries in a month in Cordoba is 210,000 ARS. The cost of groceries can range between 16,000 ARS to 2.1M ARS. People spend on average about 29% on food and groceries with upper and lower bounds of 21% and 35% respectively.

Healthcare and Medical Services11%

11% of total expenses on average (6% to 14%)

LOW$5.2   4,400 ARS
AVERAGE$68   57,000 ARS
HIGH$680   570,000 ARS
Per Month

People in Cordoba allocate 6% to 14% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 11%. The range of medical expenses range from 4,400 ARS to 570,000 ARS with 57,000 ARS being the norm.

Leisure and Shopping4%

4% of total expenses on average (2% to 8%)

LOW$3   2,500 ARS
AVERAGE$39   33,000 ARS
HIGH$390   330,000 ARS
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 2,500 ARS to 330,000 ARS with 33,000 ARS being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most residents.

Education and Schooling5%

5% of total expenses on average (3% to 11%)

LOW$4.5   3,800 ARS
AVERAGE$58   49,000 ARS
HIGH$580   490,000 ARS
Per Month

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 5% of the monthly expenditure with 3% and 11% being the lower and upper bounds respectively. The average reported education cost is 49,000 ARS per month with 3,800 ARS being the minimum spent amount and 490,000 ARS being the maximum.

Other Expenses15%

15% of total expenses on average (10% to 22%)

LOW$9.7   8,200 ARS
AVERAGE$130   110,000 ARS
HIGH$1,300   1.1M ARS
Per Month
How easily is cost-cutting. Are there plenty of low-cost options in Cordoba

Low-cost alternatives in Cordoba

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options59%

Few low-cost options41%


Based on the survey, 59% of the people living in Cordoba have no problem finding low-cost alternatives to support a frugal lifestyle while 41% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Cordoba

Housing costs, accommodation, and housing affordability in Cordoba

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Cordoba

Monthly Rent Prices

Studio apartment monthly rent cost

67,000 ARS 100,000 ARS 270,000 ARS
MINIMUM AVERAGE MAXIMUM
$80 $120 $320

1-bedroom apartment monthly rent cost

100,000 ARS 160,000 ARS 400,000 ARS
MINIMUM AVERAGE MAXIMUM
$120 $190 $480

2-bedroom apartment monthly rent cost

130,000 ARS 200,000 ARS 540,000 ARS
MINIMUM AVERAGE MAXIMUM
$160 $240 $640

3-bedroom apartment monthly rent cost

160,000 ARS 270,000 ARS 730,000 ARS
MINIMUM AVERAGE MAXIMUM
$190 $320 $870

Furnished apartment monthly rent cost

320,000 ARS 810,000 ARS 1.6M ARS
MINIMUM AVERAGE MAXIMUM
$380 $950 $1,900

Townhouse monthly rent cost

270,000 ARS 400,000 ARS 1.2M ARS
MINIMUM AVERAGE MAXIMUM
$320 $480 $1,400

House monthly rent cost

320,000 ARS 810,000 ARS 1.6M ARS
MINIMUM AVERAGE MAXIMUM
$380 $950 $1,900

Villa monthly rent cost

400,000 ARS 1M ARS 1.6M ARS
MINIMUM AVERAGE MAXIMUM
$480 $1,200 $1,900

The monthly rental cost of a studio apartment in Cordoba ranges between 67,000 ARS and 270,000 ARS, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 100,000 ARS to 400,000 ARS. Two-bedroom rentals rate ranges between 130,000 ARS and 540,000 ARS per month. The monthly rental for a three-bedroom apartment ranges from 160,000 ARS to 730,000 ARS. The average rent of a townhouse in Cordoba is around 400,000 ARS while house rental costs can be as high as 810,000 ARS per month. Finally, if you want to rent a villa, expect to pay anywhere from 400,000 ARS to 1.6M ARS per month.



Apartment and house prices in Cordoba

Cost of buying a property

Studio apartment price

13M ARS 20M ARS 40M ARS
MINIMUM AVERAGE MAXIMUM
$16,000 $24,000 $48,000

1-bedroom apartment price

16M ARS 27M ARS 100M ARS
MINIMUM AVERAGE MAXIMUM
$19,000 $32,000 $120,000

2-bedroom apartment price

27M ARS 81M ARS 160M ARS
MINIMUM AVERAGE MAXIMUM
$32,000 $95,000 $190,000

3-bedroom apartment price

90M ARS 130M ARS 400M ARS
MINIMUM AVERAGE MAXIMUM
$110,000 $160,000 $480,000

Townhouse price

120M ARS 270M ARS 1,000M ARS
MINIMUM AVERAGE MAXIMUM
$140,000 $320,000 $1.2M

House price

130M ARS 810M ARS 1,200M ARS
MINIMUM AVERAGE MAXIMUM
$160,000 $950,000 $1.4M

Villa price

160M ARS 900M ARS 1,300M ARS
MINIMUM AVERAGE MAXIMUM
$190,000 $1.1M $1.6M

The average price of a studio apartment in Cordoba can range from 13M ARS to 40M ARS depending on location. One bedroom cost can be anywhere from 16M ARS to 100M ARS. A villa can cost you 900M ARS on average with prices ranging from 160M ARS to 1,300M ARS.


If you're leasing or purchasing, housing costs in Cordoba will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


33 x92 monthly income 206
MINIMUM AVERAGE MAXIMUM

Property prices in Cordoba can be x92 to x206 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x92 multiples of the average monthly salary in Cordoba.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


20% 31% of income 42%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Cordoba is around 31%. This means that people pay 31% of their income for rent. Those figures can range from 20% to 42% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
29%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
1.9%
AVERAGE
2.9%
TO
3.8%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


1,300 ARS 16,000 ARS 160,000 ARS
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Cordoba

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Cordoba

Utility Bill Cost / Electricity + Water + Gas / Individual

4,800 ARS 34,000 ARS 230,000 ARS
MINIMUM AVERAGE MAXIMUM
$5.6 $40 $270

Utility Bill Cost / Electricity + Water + Gas / Couple

13,000 ARS 43,000 ARS 280,000 ARS
MINIMUM AVERAGE MAXIMUM
$15 $50 $330

Utility Bill Cost / Electricity + Water + Gas / Family

22,000 ARS 63,000 ARS 410,000 ARS
MINIMUM AVERAGE MAXIMUM
$26 $75 $490

Internet and cable cost

3,700 ARS 7,400 ARS 9,900 ARS
MINIMUM AVERAGE MAXIMUM
$4.4 $8.7 $12

Mobile phone bill and charges

3,000 ARS 4,900 ARS 15,000 ARS
MINIMUM AVERAGE MAXIMUM
$3.5 $5.8 $17

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly expenditure for individuals on electricty, water, and gas in Cordoba ranges between 4,800 ARS and 230,000 ARS with average being 34,000 ARS, meanwhile the expenditure of couples is slightly higher at 43,000 ARS with 13,000 ARS and 280,000 ARS being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 63,000 ARS. The cost of internet and WiFi is unchanged among the three groups and ranges from 3,700 ARS to 9,900 ARS with 7,400 ARS being the average internet bill. Finally, the average monthly mobile charges is around 4,900 ARS but can range between 3,000 ARS and 15,000 ARS depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


4.3% 7.5% of income 12%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Cordoba is around 7.5%. This means that people pay 7.5% of their income for energy, water, internet, and mobile charges. Those figures can range from 4.3% to 12% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Cordoba

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Cordoba

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

740 ARS 1,500 ARS 2,500 ARS
MINIMUM AVERAGE MAXIMUM
$0.87 $1.7 $2.9

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Cordoba is approximatly 1,500 ARS with meal cost ranging from 740 ARS to 2,500 ARS. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

2,600 ARS 3,900 ARS 7,700 ARS
MINIMUM AVERAGE MAXIMUM
$3 $4.6 $9.1

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 2,600 ARS and 7,700 ARS with 3,900 ARS being the average price of a plate for one person at a regular restaurant in Cordoba.

Fine dining meal for one price

5,200 ARS 7,700 ARS 31,000 ARS
MINIMUM AVERAGE MAXIMUM
$6.1 $9.1 $37

The price range of a meal at fine-dining restaurant is 5,200 ARS to 31,000 ARS with the average cost being 7,700 ARS for one person. This is what you would expect to pay a top-tier diner in Cordoba.

Beverage prices, cappuccino, latte etc..

620 ARS 990 ARS 1,500 ARS
MINIMUM AVERAGE MAXIMUM
$0.73 $1.2 $1.7

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Cordoba is around 990 ARS. Price ranges between 620 ARS and 1,500 ARS depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

490 ARS 590 ARS 740 ARS
MINIMUM AVERAGE MAXIMUM
$0.58 $0.70 $0.87

The average price of a large bottle of milk in Cordoba is 590 ARS. The maximum what you would pay for milk is 740 ARS and the minimum being 490 ARS depending on the brand of milk and other properties.

12 eggs price

370 ARS 490 ARS 740 ARS
MINIMUM AVERAGE MAXIMUM
$0.44 $0.58 $0.87

A dozen eggs costs around 490 ARS on average with 370 ARS and 740 ARS being the lower and upper limits respectively.

Fresh whole chicken price

840 ARS 1,100 ARS 1,500 ARS
MINIMUM AVERAGE MAXIMUM
$0.99 $1.3 $1.8

The price range of a fresh whole chicken in Cordoba is between 840 ARS and 1,500 ARS depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 1,100 ARS.

Pack of beef price

990 ARS 1,500 ARS 3,000 ARS
MINIMUM AVERAGE MAXIMUM
$1.2 $1.7 $3.5

The price of a regular pack of beef or meat is around 1,500 ARS. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

400 ARS 540 ARS 770 ARS
MINIMUM AVERAGE MAXIMUM
$0.47 $0.64 $0.91

A bag of rice in Cordoba costs around 540 ARS on average with prices rangeing between 400 ARS and 770 ARS depending on the brand and quality.

Bag of tomatos price

150 ARS 200 ARS 370 ARS
MINIMUM AVERAGE MAXIMUM
$0.17 $0.23 $0.44

A bag of tomatoes costs anywhere from 150 ARS to 370 ARS. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

260 ARS 350 ARS 570 ARS
MINIMUM AVERAGE MAXIMUM
$0.31 $0.41 $0.67

A bag of apples costs 350 ARS on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


20% 29% of income 36%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Cordoba is around 29%. This means that people spend 29% of their income on grocery and basic household items. The expenditure can range from 20% to 36% depending on salary and location.


Expenditure on food and grocery for every population group

A single person living alone spends approximately 91,000 ARS per month on grocery and food with expenditure fluctuating between 13,000 ARS and 610,000 ARS depending on location and the type of person. The average cost of food and groceries for a couple is around 130,000 ARS per month. That number can be get as low as 44,000 ARS or a high as 710,000 ARS. Families' spending on grocery ranges from 80,000 ARS to 1.5M ARS with the location, income, and size of the family being the most determinite factors.


Single
Spending habits, consumption analysis, and expenditure patterns for a single person living in Cordoba

Housing cost for a single person28%

28% of total expenses on average (16% to 40%)

LOW$34   29,000 ARS
AVERAGE$240   200,000 ARS
HIGH$1,600   1.4M ARS
Per Month

Utilities, Electricity, Water, Internet, Mobile9%

9% of total expenses on average (5% to 14%)

LOW$5.6   4,800 ARS
AVERAGE$40   34,000 ARS
HIGH$270   230,000 ARS
Per Month

Transport and Fuel Cost4%

4% of total expenses on average (2% to 10%)

LOW$7.5   6,300 ARS
AVERAGE$54   45,000 ARS
HIGH$360   300,000 ARS
Per Month

Food and Groceries Cost20%

20% of total expenses on average (14% to 25%)

LOW$15   13,000 ARS
AVERAGE$110   91,000 ARS
HIGH$720   610,000 ARS
Per Month

Healthcare Cost13%

13% of total expenses on average (7% to 17%)

LOW$8.4   7,100 ARS
AVERAGE$61   51,000 ARS
HIGH$400   340,000 ARS
Per Month

Leisure and Shopping Expenditure2%

2% of total expenses on average (2% to 5%)

LOW$4.7   4,000 ARS
AVERAGE$34   28,000 ARS
HIGH$220   190,000 ARS
Per Month

Education Cost1%

1% of total expenses on average (0.00% to 3%)

LOW$1.9   1,600 ARS
AVERAGE$13   11,000 ARS
HIGH$90   76,000 ARS
Per Month

Other Expenses23%

23% of total expenses on average (15% to 27%)

LOW$17   14,000 ARS
AVERAGE$120   100,000 ARS
HIGH$810   680,000 ARS
Per Month


Couple
Average monthly living expenditure breaks and spending patterns for couples in Cordoba

Housing cost for a couple25%

25% of total expenses on average (18% to 35%)

LOW$130   110,000 ARS
AVERAGE$380   320,000 ARS
HIGH$2,000   1.7M ARS
Per Month

Utilities, Electricity, Water, Internet, Mobile8%

8% of total expenses on average (6% to 12%)

LOW$15   13,000 ARS
AVERAGE$50   43,000 ARS
HIGH$330   280,000 ARS
Per Month

Transport and Fuel Cost8%

8% of total expenses on average (2% to 13%)

LOW$45   38,000 ARS
AVERAGE$130   110,000 ARS
HIGH$720   610,000 ARS
Per Month

Food and Groceries Cost18%

18% of total expenses on average (13% to 23%)

LOW$52   44,000 ARS
AVERAGE$160   130,000 ARS
HIGH$840   710,000 ARS
Per Month

Healthcare Cost15%

15% of total expenses on average (9% to 19%)

LOW$41   35,000 ARS
AVERAGE$120   100,000 ARS
HIGH$660   560,000 ARS
Per Month

Leisure and Shopping Cost3%

3% of total expenses on average (1% to 6%)

LOW$22   19,000 ARS
AVERAGE$67   57,000 ARS
HIGH$360   300,000 ARS
Per Month

Education Cost1%

1% of total expenses on average (0.00% to 3%)

LOW$7.5   6,300 ARS
AVERAGE$22   19,000 ARS
HIGH$120   100,000 ARS
Per Month

Other Expenses22%

22% of total expenses on average (16% to 28%)

LOW$64   54,000 ARS
AVERAGE$190   160,000 ARS
HIGH$1,000   860,000 ARS
Per Month


Student
Cost of living and expenses break down for students living in Cordoba

Housing costs for Student16%

16% of total expenses on average (11% to 22%)

LOW$18   15,000 ARS
AVERAGE$120   100,000 ARS
HIGH$800   680,000 ARS
Per Month

Utilities, Electricity, Water, Internet, and Mobile Expenses7%

7% of total expenses on average (5% to 11%)

LOW$3   2,500 ARS
AVERAGE$20   17,000 ARS
HIGH$130   110,000 ARS
Per Month

Transport and Fuel Cost3%

3% of total expenses on average (4% to 9%)

LOW$5.2   4,400 ARS
AVERAGE$35   30,000 ARS
HIGH$230   200,000 ARS
Per Month

Food and Groceries Expenditure24%

24% of total expenses on average (18% to 28%)

LOW$15   13,000 ARS
AVERAGE$100   85,000 ARS
HIGH$670   560,000 ARS
Per Month

Healthcare Cost10%

10% of total expenses on average (7% to 13%)

LOW$4.5   3,800 ARS
AVERAGE$30   25,000 ARS
HIGH$200   170,000 ARS
Per Month

Leisure and Shopping Cost2%

2% of total expenses on average (1% to 6%)

LOW$3.7   3,200 ARS
AVERAGE$25   21,000 ARS
HIGH$170   140,000 ARS
Per Month

Education Cost18%

18% of total expenses on average (11% to 23%)

LOW$14   12,000 ARS
AVERAGE$95   80,000 ARS
HIGH$630   540,000 ARS
Per Month

Other Expenses20%

20% of total expenses on average (14% to 26%)

LOW$11   9,500 ARS
AVERAGE$75   63,000 ARS
HIGH$500   420,000 ARS
Per Month


Family
Average monthly expenses and break out of spending for families living in Cordoba

Housing cost for a family24%

24% of total expenses on average (19% to 34%)

LOW$170   140,000 ARS
AVERAGE$480   400,000 ARS
HIGH$3,100   2.6M ARS
Per Month

Utilities, Electricity, Water, Internet, Mobile6%

6% of total expenses on average (4% to 9%)

LOW$26   22,000 ARS
AVERAGE$75   63,000 ARS
HIGH$490   410,000 ARS
Per Month

Transport and Fuel Expenses4%

4% of total expenses on average (2% to 6%)

LOW$52   44,000 ARS
AVERAGE$150   130,000 ARS
HIGH$970   820,000 ARS
Per Month

Food and Groceries Cost22%

22% of total expenses on average (15% to 28%)

LOW$94   80,000 ARS
AVERAGE$270   230,000 ARS
HIGH$1,700   1.5M ARS
Per Month

Healthcare Expenses12%

12% of total expenses on average (8% to 17%)

LOW$47   40,000 ARS
AVERAGE$150   130,000 ARS
HIGH$780   660,000 ARS
Per Month

Leisure and Shopping Cost2%

2% of total expenses on average (1% to 6%)

LOW$26   22,000 ARS
AVERAGE$75   63,000 ARS
HIGH$490   410,000 ARS
Per Month

Education Cost13%

13% of total expenses on average (6% to 21%)

LOW$73   62,000 ARS
AVERAGE$210   180,000 ARS
HIGH$1,400   1.1M ARS
Per Month

Other Expenses17%

17% of total expenses on average (10% to 22%)

LOW$42   35,000 ARS
AVERAGE$120   100,000 ARS
HIGH$780   660,000 ARS
Per Month
evoeiioneks©copound