Cost Of Living For a Couple in San Miguel de Tucuman 2025

Couple cost of living chart - average monthly expenditure in San Miguel de Tucuman

Average Monthly Expenditure

Currency: ARS
320,000 960,000 5.1M
MINIMUM AVERAGE MAXIMUM
$380 $1,100 $6,100

Average monthly spending for couples in San Miguel de Tucuman

How much money does a couple need in a month to survive in San Miguel de Tucuman?

Couples in San Miguel de Tucuman spend around 960,000 ARS per month on average. Depending on the lifestyle, a couple can survive with a monthly budget as low as 320,000 ARS or as high as 5.1M ARS. Location and income are very important factors and have a huge influence on expenditure and budget.

Couple cost of living and expenditure to income ratio in San Miguel de Tucuman

Couple expenditure to income ratio in San Miguel de Tucuman

Analysing the how affordable it is for couples to live in San Miguel de Tucuman

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. Couples usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a couple of four ranges between 70% to 80%.


Spending to Income Ratio

91%

83% to 100%

( expenditure / income ) x 100


Couples in San Miguel de Tucuman spend around 91% of their monthly income. Some couples spend as low as 83% of their income while some as high as 100%.

Prices and cost of goods and services in San Miguel de Tucuman

Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in San Miguel de Tucuman

Dining, food, and beverages costs


Fast food combo meal

780 ARS 1,600 ARS 2,600 ARS
MINIMUM AVERAGE MAXIMUM
$0.93 $1.9 $3.1

Restaurant meal for one

2,700 ARS 4,000 ARS 8,000 ARS
MINIMUM AVERAGE MAXIMUM
$3.2 $4.8 $9.5

Fine dining meal for one

5,400 ARS 8,000 ARS 32,000 ARS
MINIMUM AVERAGE MAXIMUM
$6.3 $9.5 $38

Cappuccino or latte

650 ARS 1,000 ARS 1,600 ARS
MINIMUM AVERAGE MAXIMUM
$0.77 $1.2 $1.9

Grocery and market costs


Milk large bottle

520 ARS 630 ARS 780 ARS
MINIMUM AVERAGE MAXIMUM
$0.62 $0.74 $0.93

12 eggs

390 ARS 520 ARS 780 ARS
MINIMUM AVERAGE MAXIMUM
$0.46 $0.62 $0.93

Fresh whole chicken

890 ARS 1,200 ARS 1,600 ARS
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $1.9

Pack of beef

1,000 ARS 1,600 ARS 3,100 ARS
MINIMUM AVERAGE MAXIMUM
$1.2 $1.9 $3.7

Medium bag of rice

420 ARS 580 ARS 820 ARS
MINIMUM AVERAGE MAXIMUM
$0.50 $0.68 $0.97

Bag of tomatos

160 ARS 210 ARS 390 ARS
MINIMUM AVERAGE MAXIMUM
$0.19 $0.25 $0.46

Bag of apples

280 ARS 370 ARS 600 ARS
MINIMUM AVERAGE MAXIMUM
$0.33 $0.43 $0.71
Chart showing the prices and cost of commute, travel, and transportation in San Miguel de Tucuman

Commute, travel, and transportation costs


20 minutes taxi ride

670 ARS 800 ARS 1,600 ARS
MINIMUM AVERAGE MAXIMUM
$0.79 $0.95 $1.9

Average car full tank

3,900 ARS 5,200 ARS 10,000 ARS
MINIMUM AVERAGE MAXIMUM
$4.6 $6.2 $12

Average car 1-day rental

4,100 ARS 5,500 ARS 8,200 ARS
MINIMUM AVERAGE MAXIMUM
$4.9 $6.5 $9.7

Average car price

2M ARS 3.9M ARS 5.2M ARS
MINIMUM AVERAGE MAXIMUM
$2,300 $4,600 $6,200

Bus ticket one way

140 ARS 210 ARS 410 ARS
MINIMUM AVERAGE MAXIMUM
$0.16 $0.24 $0.49

Car Service

5,500 ARS 8,200 ARS 16,000 ARS
MINIMUM AVERAGE MAXIMUM
$6.5 $9.7 $19
Chart showing the prices and cost of utility, energy, water, and gas for a couple in San Miguel de Tucuman

Utility cost (monthly)


Utility Bill - Couple

13,000 ARS 43,000 ARS 280,000 ARS
MINIMUM AVERAGE MAXIMUM
$15 $51 $340

Internet and cable

3,900 ARS 7,800 ARS 10,000 ARS
MINIMUM AVERAGE MAXIMUM
$4.6 $9.3 $12

Mobile phone charges

3,100 ARS 5,200 ARS 16,000 ARS
MINIMUM AVERAGE MAXIMUM
$3.7 $6.2 $19

Leisure and activities costs


Movie ticket

2,000 ARS 2,600 ARS 3,900 ARS
MINIMUM AVERAGE MAXIMUM
$2.3 $3.1 $4.6

One month gym membership

6,600 ARS 8,200 ARS 16,000 ARS
MINIMUM AVERAGE MAXIMUM
$7.8 $9.7 $19
Chart showing the prices and cost of clothing and accessories in San Miguel de Tucuman

Cloths and accessories costs


Pair of jeans or pants

4,800 ARS 6,800 ARS 10,000 ARS
MINIMUM AVERAGE MAXIMUM
$5.7 $8.1 $12

Woman dress

4,600 ARS 6,300 ARS 21,000 ARS
MINIMUM AVERAGE MAXIMUM
$5.4 $7.5 $24

Woman shoes

4,300 ARS 5,900 ARS 14,000 ARS
MINIMUM AVERAGE MAXIMUM
$5.1 $6.9 $16

Men's shoes

3,700 ARS 4,600 ARS 9,100 ARS
MINIMUM AVERAGE MAXIMUM
$4.4 $5.4 $11

Men suit

4,100 ARS 5,100 ARS 27,000 ARS
MINIMUM AVERAGE MAXIMUM
$4.9 $6.1 $32

Regular t-shirt

2,100 ARS 2,700 ARS 8,200 ARS
MINIMUM AVERAGE MAXIMUM
$2.4 $3.2 $9.7
Chart showing the prices and cost of housing, accommodation, and rent in San Miguel de Tucuman

Housing costs / monthly rent


Studio apartment

68,000 ARS 100,000 ARS 270,000 ARS
MINIMUM AVERAGE MAXIMUM
$81 $120 $320

1-bedroom apartment

100,000 ARS 160,000 ARS 410,000 ARS
MINIMUM AVERAGE MAXIMUM
$120 $190 $490

2-bedroom apartment

140,000 ARS 210,000 ARS 550,000 ARS
MINIMUM AVERAGE MAXIMUM
$160 $240 $650

Housing costs / Buying


Studio apartment

14M ARS 21M ARS 41M ARS
MINIMUM AVERAGE MAXIMUM
$16,000 $24,000 $49,000

1-bedroom apartment

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

2-bedroom apartment

27M ARS 82M ARS 160M ARS
MINIMUM AVERAGE MAXIMUM
$32,000 $97,000 $190,000
Chart showing the prices and cost of furniture in San Miguel de Tucuman

Furniture Costs


King Size Bed

78,000 ARS 98,000 ARS 130,000 ARS
MINIMUM AVERAGE MAXIMUM
$93 $120 $150

Double Bed

52,000 ARS 78,000 ARS 98,000 ARS
MINIMUM AVERAGE MAXIMUM
$62 $93 $120

Single Bed

46,000 ARS 60,000 ARS 78,000 ARS
MINIMUM AVERAGE MAXIMUM
$55 $71 $93

Living Room

87,000 ARS 110,000 ARS 390,000 ARS
MINIMUM AVERAGE MAXIMUM
$100 $130 $460

Dining Table

39,000 ARS 52,000 ARS 98,000 ARS
MINIMUM AVERAGE MAXIMUM
$46 $62 $120

Sofa or Couch

52,000 ARS 71,000 ARS 160,000 ARS
MINIMUM AVERAGE MAXIMUM
$62 $84 $190
Chart showing the prices and cost of electronic devices and appliances in San Miguel de Tucuman

Electronics and House Appliance Costs


TV Set

52,000 ARS 78,000 ARS 160,000 ARS
MINIMUM AVERAGE MAXIMUM
$62 $93 $190

Fridge or Freezer

46,000 ARS 71,000 ARS 98,000 ARS
MINIMUM AVERAGE MAXIMUM
$55 $84 $120

Washing Machine

60,000 ARS 87,000 ARS 160,000 ARS
MINIMUM AVERAGE MAXIMUM
$71 $100 $190

Stove or Cooker

56,000 ARS 71,000 ARS 98,000 ARS
MINIMUM AVERAGE MAXIMUM
$66 $84 $120

Mobile Phone

65,000 ARS 78,000 ARS 110,000 ARS
MINIMUM AVERAGE MAXIMUM
$77 $93 $130

Laptop or Computer

71,000 ARS 87,000 ARS 160,000 ARS
MINIMUM AVERAGE MAXIMUM
$84 $100 $190
Distribution of monthly cost of living expenses of a couple in San Miguel de Tucuman

How do couples spend their money in San Miguel de Tucuman?

We asked thousands of couples about their spending habits and expenditure break down.


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 and accomodation expenditure for couples

Accomodation Cost26%

26% of total expenses on average (19% to 36%)

LOW$130   110,000 ARS
AVERAGE$390   330,000 ARS
HIGH$2,100   1.7M ARS
Per Month

Couples in San Miguel de Tucuman typically spend from 19% to 36% of their total monthly expenditure on housing with 26% being the average. The average monthly spend on housing is 330,000 ARS with expenditure ranging from 110,000 ARS to 1.7M ARS. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for couples

Cost of utilities8%

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

LOW$15   13,000 ARS
AVERAGE$51   43,000 ARS
HIGH$340   280,000 ARS
Per Month

Utility expenditure like electricity, water, and gas in San Miguel de Tucuman ranges from 6% to 12% of total expenses with 8% being the average for most couples. The average monthly cost of utilities is 43,000 ARS with 13,000 ARS and 280,000 ARS being the upper and lower limits for a couple of four.

Transport, fuel, and commute expenditure for couples

Cost of transport and fuel8%

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

LOW$46   39,000 ARS
AVERAGE$140   120,000 ARS
HIGH$730   620,000 ARS
Per Month

Fuel consumption and cost of transport depend heavily on whether a couple resides near school and work, but roughly speaking a couple would expect to spend from 39,000 ARS to 620,000 ARS in a month on commuting with 120,000 ARS being the norm for most couples. This means that money spent on transport constitutes about 8% of total spending on average but can go as low as 2% or as high as 13%.

Food, groceries, and basic shopping expenditure for couples

Food and Groceries Cost18%

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

LOW$53   45,000 ARS
AVERAGE$160   140,000 ARS
HIGH$850   720,000 ARS
Per Month

The average outlay on groceries and basic houshold items for a typical couple in a month in San Miguel de Tucuman is 140,000 ARS. The cost of groceries can range between 45,000 ARS to 720,000 ARS. Couples spend on average about 18% on food and groceries with upper and lower bounds of 13% and 23% respectively.

Healthcare and medical services expenditure for couples

Cost of healthcare15%

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

LOW$42   35,000 ARS
AVERAGE$130   110,000 ARS
HIGH$670   570,000 ARS
Per Month

Couples in San Miguel de Tucuman allocate 9% to 19% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 15%. The range of medical expenses range from 35,000 ARS to 570,000 ARS with 110,000 ARS being the norm for most couples.

Leisure and shopping expenditure for couples

Cost of leisure and shopping3%

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

LOW$23   19,000 ARS
AVERAGE$69   58,000 ARS
HIGH$370   310,000 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 19,000 ARS to 310,000 ARS with 58,000 ARS being the average. Speaking of percentages, that equates to 1% to 6% of total expenses with an average of 3% for most couples.

Education and schooling expenditure for couples

Cost of education and schooling1%

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

LOW$7.6   6,400 ARS
AVERAGE$23   19,000 ARS
HIGH$120   100,000 ARS
Per Month

Spending on education can vary drastically between different couples. On average, education constitutes 1% of the monthly expenditure of couples with 0.00% and 3% being the lower and upper bounds respectively. The average reported education cost is 19,000 ARS per month with 6,400 ARS being the minimum spent amount and 100,000 ARS being the maximum.

Other Expenses21%

21% of total expenses on average (15% to 27%)

LOW$65   55,000 ARS
AVERAGE$190   160,000 ARS
HIGH$1,000   870,000 ARS
Per Month
Reasons that make it difficult for couples to save money in San Miguel de Tucuman

Saving Challenges in San Miguel de Tucuman

Reasons that make it difficult for couples to save money

We wanted to understand what is stopping couples from maximizing their savings in San Miguel de Tucuman. Listed below are the answers given by the survey participants.


Reason% People
Low Income4%
High Expenses7%
Debt and Loans12%
Lack of Budgeting Skills12%
Impulsive Spending12%
Financial Emergencies7%
Living the moment5%
Will do it later21%
Inflation14%
Social Pressure3%
Market Instability2%

Around 4% of the couples 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. 12% 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. 12% of couples 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. 21% 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. 14% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Percentage of couples who manage to save money from their income every month in San Miguel de Tucuman

What percentage of couples in San Miguel de Tucuman are able to save money and how much can they save?


Percentage of couples that reported their ability to save money


Saving Money
54%
Not Saving
46%

Almost 54% of surveyed couples in San Miguel de Tucuman said that they can save some money at the end of each month while 46% reported that they have to utilize their whole income to survive.


Couple savings to income ratio in San Miguel de Tucuman

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.


How much money do couples manage to add to their savings?

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.

Saving to Income Ratio

12% 21% of income 34%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

89,000 ARS
$110
270,000 ARS
$320
1.4M ARS
$1,700
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%37%
10% - 20%28%
20% - 30%19%
30% - 40%7%
40% - 50%6%
> 50%3%

Interpretation and Analysis

Couples that are able to save money can put anywhere from 12% to 34% of their monthly income to their savings, with 21% being the average for most couples. The average monthly amount of money that couples can put aside is 270,000 ARS with 89,000 ARS and 1.4M ARS being the minimum and maximum respectively.

Where do couples choose to put their savings in San Miguel de Tucuman

Typical saving choices for couples in San Miguel de Tucuman

Where do people choose to put their savings?


Saving Type% People
Emergency Funds13%
Gold13%
Savings Accounts17%
Retirement Accounts9%
Cash Savings22%
Real Estate9%
Investment5%
Stocks4%
Bonds4%
Mutual Funds2%
Certificates of Deposit3%
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.

Income and cost of living compatibility. Is it affordable or economical for couples to live in San Miguel de Tucuman

Affordable living in San Miguel de Tucuman

Income and cost of living compatibility

We asked couples one simple question and recorded their answers.

Is it affordable or economical to live in San Miguel de Tucuman?


Yes
48%
No
52%

Around 48% of surveyed couples think that living in San Miguel de Tucuman is affordable with proper budgeting while 52% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for couples. Are there plenty of low-cost options in San Miguel de Tucuman

Low-cost alternatives in San Miguel de Tucuman

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 couples how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options60%

Few low-cost options40%


Based on the survey, 60% of the couples living in San Miguel de Tucuman have no problem finding low-cost alternatives to support a frugal lifestyle while 40% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Couples

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 couples whether they have an emergency fund and the answers were as follows.

Yes48%

No52%


Based on the survey, 52% of the couples living in San Miguel de Tucuman said that they don't have an emergency fund while 48% said that they do.

Chart showing the percentage of couples who are in debt in San Miguel de Tucuman

Debt, loans, and mortgages in San Miguel de Tucuman


Percentage of couples who are in debt


In Debt
31%
Debt Free
69%

According to the survey, 31% of the couples in San Miguel de Tucuman have some kind of debt, loan, mortgage, or credit card payments while 69% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in San Miguel de Tucuman

Debt-to-income ratio in San Miguel de Tucuman

Debt to income ratio

35%

26% to 45%

( 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 35% of a couple's monthly income in San Miguel de Tucuman goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%19%
40% - 50%15%
30% - 40%17%
20% - 30%9%
10% - 20%11%
0% - 10%25%

According to our data, 3% of the debtors in San Miguel de Tucuman pay 60%+ of their income as debt settlement while 19% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 15% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 17% dedicated 30% to 40% of income for same. Things are looking brighter for 9% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in San Miguel de Tucuman

Debt% People
Real Estate Mortgage7%
Auto Loan14%
Student Loan4%
Credit Card31%
Personal Loan44%

7% of debtors in San Miguel de Tucuman confirm that real estate mortgages constitutes the main part of their outstanding debt while 31% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 14% of people and personal loans rose at 44%. Lastly, student loans are the main source of debt for 4% of debtors in San Miguel de Tucuman.


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 San Miguel de Tucuman

Besides measuring the loan-to-income ratio, we asked couples 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
Never49%
Once a year24%
Twice a year13%
Three times a year9%
Four times a year4%
Financial goals and targets of couples living in San Miguel de Tucuman

Financial goals of couples in San Miguel de Tucuman

In an attempt to understand the economic situation in San Miguel de Tucuman, 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 Reduction44%
Retirement Savings11%
Education Funding6%
Homeownership19%
Investing6%
Travel or Lifestyle6%
Healthcare Expenses15%
Financial Independence4%

Around 9% of couples said that their main goal is to establish an emergency fund to cover unexpected expenses while 44% said their number one priority is to pay off high-interest debt or loans and improve credit. 11% 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. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 6% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 15% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in San Miguel de Tucuman

Housing costs, accommodation, and housing affordability in San Miguel de Tucuman

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


Rent Cost in San Miguel de Tucuman

Monthly Rent Prices

Studio apartment monthly rent cost

68,000 ARS 100,000 ARS 270,000 ARS
MINIMUM AVERAGE MAXIMUM
$81 $120 $320

1-bedroom apartment monthly rent cost

100,000 ARS 160,000 ARS 410,000 ARS
MINIMUM AVERAGE MAXIMUM
$120 $190 $490

2-bedroom apartment monthly rent cost

140,000 ARS 210,000 ARS 550,000 ARS
MINIMUM AVERAGE MAXIMUM
$160 $240 $650

3-bedroom apartment monthly rent cost

160,000 ARS 270,000 ARS 750,000 ARS
MINIMUM AVERAGE MAXIMUM
$190 $320 $880

Furnished apartment monthly rent cost

330,000 ARS 820,000 ARS 1.6M ARS
MINIMUM AVERAGE MAXIMUM
$390 $970 $1,900

Townhouse monthly rent cost

270,000 ARS 410,000 ARS 1.2M ARS
MINIMUM AVERAGE MAXIMUM
$320 $490 $1,400

House monthly rent cost

330,000 ARS 820,000 ARS 1.6M ARS
MINIMUM AVERAGE MAXIMUM
$390 $970 $1,900

Villa monthly rent cost

410,000 ARS 1M ARS 1.6M ARS
MINIMUM AVERAGE MAXIMUM
$490 $1,200 $1,900

The monthly rental cost of a studio apartment in San Miguel de Tucuman ranges between 68,000 ARS and 270,000 ARS, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 100,000 ARS to 410,000 ARS. Two-bedroom rentals rate ranges between 140,000 ARS and 550,000 ARS per month. The monthly rental for a three-bedroom apartment ranges from 160,000 ARS to 750,000 ARS. The average rent of a townhouse in San Miguel de Tucuman is around 410,000 ARS while house rental costs can be as high as 820,000 ARS per month. Finally, if you want to rent a villa, expect to pay anywhere from 410,000 ARS to 1.6M ARS per month.



Apartment and house prices in San Miguel de Tucuman

Cost of buying a property

Studio apartment price

14M ARS 21M ARS 41M ARS
MINIMUM AVERAGE MAXIMUM
$16,000 $24,000 $49,000

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 82M ARS 160M ARS
MINIMUM AVERAGE MAXIMUM
$32,000 $97,000 $190,000

3-bedroom apartment price

91M ARS 140M ARS 410M ARS
MINIMUM AVERAGE MAXIMUM
$110,000 $160,000 $490,000

Townhouse price

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

House price

140M ARS 820M ARS 1,200M ARS
MINIMUM AVERAGE MAXIMUM
$160,000 $970,000 $1.4M

Villa price

160M ARS 910M ARS 1,400M ARS
MINIMUM AVERAGE MAXIMUM
$190,000 $1.1M $1.6M

The average price of a studio apartment in San Miguel de Tucuman can range from 14M ARS to 41M ARS depending on location. One bedroom cost can be anywhere from 16M ARS to 100M ARS. A villa can cost you 910M ARS on average with prices ranging from 160M ARS to 1,400M ARS.


If you're leasing or purchasing, housing costs in San Miguel de Tucuman 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


34 x94 monthly income 210
MINIMUM AVERAGE MAXIMUM

Property prices in San Miguel de Tucuman can be x94 to x210 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x94 multiples of the average monthly salary in San Miguel de Tucuman.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


21% 32% of income 43%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in San Miguel de Tucuman is around 32%. This means that people pay 32% of their income for rent. Those figures can range from 21% to 43% 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
2%
AVERAGE
3%
TO
4.1%

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 17,000 ARS 170,000 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.

Financial literacy and difficulty in budgeting and financial planning for couples in San Miguel de Tucuman

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 couple guardians and parents in San Miguel de Tucuman 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 couples 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%

Monthly costs and expenses of energy and basic utilities in San Miguel de Tucuman

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in San Miguel de Tucuman

Utility Bill Cost / Electricity + Water + Gas / Couple

13,000 ARS 43,000 ARS 280,000 ARS
MINIMUM AVERAGE MAXIMUM
$15 $51 $340

Internet and cable cost

3,900 ARS 7,800 ARS 10,000 ARS
MINIMUM AVERAGE MAXIMUM
$4.6 $9.3 $12

Mobile phone bill and charges

3,100 ARS 5,200 ARS 16,000 ARS
MINIMUM AVERAGE MAXIMUM
$3.7 $6.2 $19

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 energy and water consumption of couples is around 43,000 ARS. The cost of internet and WiFi ranges from 3,900 ARS to 10,000 ARS with 7,800 ARS being the average internet bill. Finally, the average monthly mobile charges is around 5,200 ARS but can range between 3,100 ARS and 16,000 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


4.4% 7.7% of income 12%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in San Miguel de Tucuman is around 7.7%. This means that people pay 7.7% of their income for energy, water, internet, and mobile charges. Those figures can range from 4.4% to 12% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in San Miguel de Tucuman

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


Prices and cost of goods and services in San Miguel de Tucuman

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

Fast food combo meal price

780 ARS 1,600 ARS 2,600 ARS
MINIMUM AVERAGE MAXIMUM
$0.93 $1.9 $3.1

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in San Miguel de Tucuman is approximatly 1,600 ARS with meal cost ranging from 780 ARS to 2,600 ARS. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

2,700 ARS 4,000 ARS 8,000 ARS
MINIMUM AVERAGE MAXIMUM
$3.2 $4.8 $9.5

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 2,700 ARS and 8,000 ARS with 4,000 ARS being the average price of a plate for one person at a regular restaurant in San Miguel de Tucuman.

Fine dining meal for one price

5,400 ARS 8,000 ARS 32,000 ARS
MINIMUM AVERAGE MAXIMUM
$6.3 $9.5 $38

The price range of a meal at fine-dining restaurant is 5,400 ARS to 32,000 ARS with the average cost being 8,000 ARS for one person. This is what you would expect to pay a top-tier diner in San Miguel de Tucuman.

Beverage prices, cappuccino, latte etc..

650 ARS 1,000 ARS 1,600 ARS
MINIMUM AVERAGE MAXIMUM
$0.77 $1.2 $1.9

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in San Miguel de Tucuman is around 1,000 ARS. Price ranges between 650 ARS and 1,600 ARS depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

520 ARS 630 ARS 780 ARS
MINIMUM AVERAGE MAXIMUM
$0.62 $0.74 $0.93

The average price of a large bottle of milk in San Miguel de Tucuman is 630 ARS. The maximum what you would pay for milk is 780 ARS and the minimum being 520 ARS depending on the brand of milk and other properties.

12 eggs price

390 ARS 520 ARS 780 ARS
MINIMUM AVERAGE MAXIMUM
$0.46 $0.62 $0.93

A dozen eggs costs around 520 ARS on average with 390 ARS and 780 ARS being the lower and upper limits respectively.

Fresh whole chicken price

890 ARS 1,200 ARS 1,600 ARS
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $1.9

The price range of a fresh whole chicken in San Miguel de Tucuman is between 890 ARS and 1,600 ARS depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 1,200 ARS.

Pack of beef price

1,000 ARS 1,600 ARS 3,100 ARS
MINIMUM AVERAGE MAXIMUM
$1.2 $1.9 $3.7

The price of a regular pack of beef or meat is around 1,600 ARS. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

420 ARS 580 ARS 820 ARS
MINIMUM AVERAGE MAXIMUM
$0.50 $0.68 $0.97

A bag of rice in San Miguel de Tucuman costs around 580 ARS on average with prices rangeing between 420 ARS and 820 ARS depending on the brand and quality.

Bag of tomatos price

160 ARS 210 ARS 390 ARS
MINIMUM AVERAGE MAXIMUM
$0.19 $0.25 $0.46

A bag of tomatoes costs anywhere from 160 ARS to 390 ARS. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

280 ARS 370 ARS 600 ARS
MINIMUM AVERAGE MAXIMUM
$0.33 $0.43 $0.71

A bag of apples costs 370 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


21% 30% of income 36%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in San Miguel de Tucuman is around 30%. This means that couples spend 30% of their income on grocery and basic household items. The expenditure can range from 21% to 36% depending on salary and location.


Expenditure on food and grocery for couples

Couples' spending on grocery ranges from 45,000 ARS to 720,000 ARS with the location, income, and size of the couple being the most determinite factors.

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