Cost Of Living For a Family in Mar del Plata 2025

Family cost of living chart - average monthly expenditure in Mar del Plata

Average monthly spending for families in Mar del Plata

We consider a family to be a member of four members, two adults and two children. This is the most common type of family. From the figures below, it should be fairly easy to calculate the average spending for families of different sizes.

Average Monthly Expenditure

Currency: ARS
450,000 1.3M 8.4M
MINIMUM AVERAGE MAXIMUM
$530 $1,500 $9,900

How much money does a family need in a month to survive in Mar del Plata?

Families in Mar del Plata spend around 1.3M ARS per month on average. Depending on the lifestyle, a family can survive with a monthly budget as low as 450,000 ARS or as high as 8.4M ARS. Location and income are very important factors and have a huge influence on expenditure and budget.

Family cost of living and expenditure to income ratio in Mar del Plata

Family expenditure to income ratio in Mar del Plata

Analysing the how affordable it is for families to live in Mar del Plata

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


Spending to Income Ratio

100%

92% to 110%

( expenditure / income ) x 100


Families in Mar del Plata spend around 100% of their monthly income. Some families spend as low as 92% of their income while some as high as 110%.

Prices and cost of goods and services in Mar del Plata

Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Mar del Plata

Dining, food, and beverages costs


Fast food combo meal

780 ARS 1,600 ARS 2,600 ARS
MINIMUM AVERAGE MAXIMUM
$0.92 $1.8 $3.1

Restaurant meal for one

2,700 ARS 4,000 ARS 8,000 ARS
MINIMUM AVERAGE MAXIMUM
$3.2 $4.7 $9.5

Fine dining meal for one

5,300 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 $1.8

Grocery and market costs


Milk large bottle

520 ARS 620 ARS 780 ARS
MINIMUM AVERAGE MAXIMUM
$0.61 $0.74 $0.92

12 eggs

390 ARS 520 ARS 780 ARS
MINIMUM AVERAGE MAXIMUM
$0.46 $0.61 $0.92

Fresh whole chicken

880 ARS 1,100 ARS 1,600 ARS
MINIMUM AVERAGE MAXIMUM
$1 $1.4 $1.9

Pack of beef

1,000 ARS 1,600 ARS 3,100 ARS
MINIMUM AVERAGE MAXIMUM
$1.2 $1.8 $3.7

Medium bag of rice

420 ARS 570 ARS 810 ARS
MINIMUM AVERAGE MAXIMUM
$0.49 $0.68 $0.96

Bag of tomatos

160 ARS 210 ARS 390 ARS
MINIMUM AVERAGE MAXIMUM
$0.18 $0.25 $0.46

Bag of apples

280 ARS 360 ARS 600 ARS
MINIMUM AVERAGE MAXIMUM
$0.33 $0.43 $0.71
Chart showing the prices and cost of commute, travel, and transportation in Mar del Plata

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 $6.1 $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

1.9M ARS 3.9M ARS 5.2M ARS
MINIMUM AVERAGE MAXIMUM
$2,300 $4,600 $6,100

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 family in Mar del Plata

Utility cost (monthly)


Utility Bill - Family

23,000 ARS 64,000 ARS 420,000 ARS
MINIMUM AVERAGE MAXIMUM
$27 $76 $490

Internet and cable

3,900 ARS 7,800 ARS 10,000 ARS
MINIMUM AVERAGE MAXIMUM
$4.6 $9.2 $12

Mobile phone charges

3,100 ARS 5,200 ARS 16,000 ARS
MINIMUM AVERAGE MAXIMUM
$3.7 $6.1 $18

Leisure and activities costs


Movie ticket

1,900 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 Mar del Plata

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 Mar del Plata

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 Mar del Plata

Furniture Costs


King Size Bed

78,000 ARS 97,000 ARS 130,000 ARS
MINIMUM AVERAGE MAXIMUM
$92 $110 $150

Double Bed

52,000 ARS 78,000 ARS 97,000 ARS
MINIMUM AVERAGE MAXIMUM
$61 $92 $110

Single Bed

46,000 ARS 60,000 ARS 78,000 ARS
MINIMUM AVERAGE MAXIMUM
$54 $71 $92

Living Room

86,000 ARS 110,000 ARS 390,000 ARS
MINIMUM AVERAGE MAXIMUM
$100 $130 $460

Dining Table

39,000 ARS 52,000 ARS 97,000 ARS
MINIMUM AVERAGE MAXIMUM
$46 $61 $110

Sofa or Couch

52,000 ARS 71,000 ARS 160,000 ARS
MINIMUM AVERAGE MAXIMUM
$61 $84 $180
Chart showing the prices and cost of electronic devices and appliances in Mar del Plata

Electronics and House Appliance Costs


TV Set

52,000 ARS 78,000 ARS 160,000 ARS
MINIMUM AVERAGE MAXIMUM
$61 $92 $180

Fridge or Freezer

46,000 ARS 71,000 ARS 97,000 ARS
MINIMUM AVERAGE MAXIMUM
$54 $84 $110

Washing Machine

60,000 ARS 86,000 ARS 160,000 ARS
MINIMUM AVERAGE MAXIMUM
$71 $100 $180

Stove or Cooker

55,000 ARS 71,000 ARS 97,000 ARS
MINIMUM AVERAGE MAXIMUM
$66 $84 $110

Mobile Phone

65,000 ARS 78,000 ARS 110,000 ARS
MINIMUM AVERAGE MAXIMUM
$77 $92 $130

Laptop or Computer

71,000 ARS 86,000 ARS 160,000 ARS
MINIMUM AVERAGE MAXIMUM
$84 $100 $180
Percentage of families who manage to save money from their income every month in Mar del Plata

What percentage of families in Mar del Plata are able to save money and how much can they save?


Percentage of families that reported their ability to save money


Saving Money
48%
Not Saving
52%

Almost 48% of surveyed families in Mar del Plata said that they can save some money at the end of each month while 52% reported that they have to utilize their whole income to survive.


Family savings to income ratio in Mar del Plata

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 families 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

9.9% 18% of income 31%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

120,000 ARS
$150
360,000 ARS
$420
2.3M ARS
$2,700
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%40%
10% - 20%31%
20% - 30%20%
30% - 40%4%
40% - 50%3%
> 50%2%

Interpretation and Analysis

Families that are able to save money can put anywhere from 9.9% to 31% of their monthly income to their savings, with 18% being the average for most families. The average monthly amount of money that families can put aside is 360,000 ARS with 120,000 ARS and 2.3M ARS being the minimum and maximum respectively.

Where do families choose to put their savings in Mar del Plata

Typical saving choices for families in Mar del Plata

Where do people choose to put their savings?


Saving Type% People
Emergency Funds13%
Gold14%
Savings Accounts17%
Retirement Accounts9%
Cash Savings22%
Real Estate9%
Investment5%
Stocks4%
Bonds4%
Mutual Funds2%
Certificates of Deposit3%
Reasons that make it difficult for families to save money in Mar del Plata

Saving Challenges in Mar del Plata

Reasons that make it difficult for families to save money

We wanted to understand what is stopping families from maximizing their savings in Mar del Plata. 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 later22%
Inflation14%
Social Pressure3%
Market Instability2%

Around 4% of the families 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 families 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. 22% 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.

Distribution of monthly cost of living expenses of a family in Mar del Plata

How do families spend their money in Mar del Plata?

We asked thousands of families 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 families

Accomodation Cost25%

25% of total expenses on average (20% to 35%)

LOW$170   140,000 ARS
AVERAGE$490   410,000 ARS
HIGH$3,200   2.7M ARS
Per Month

Families in Mar del Plata typically spend from 20% to 35% of their total monthly expenditure on housing with 25% being the average. The average monthly spend on housing is 410,000 ARS with expenditure ranging from 140,000 ARS to 2.7M ARS. This cost mainly goes for rent but it also includes other accommodation-related expenses.

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

Cost of utilities6%

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

LOW$27   23,000 ARS
AVERAGE$76   64,000 ARS
HIGH$490   420,000 ARS
Per Month

Utility expenditure like electricity, water, and gas in Mar del Plata ranges from 4% to 9% of total expenses with 6% being the average for most families. The average monthly cost of utilities is 64,000 ARS with 23,000 ARS and 420,000 ARS being the upper and lower limits for a family of four.

Transport, fuel, and commute expenditure for families

Cost of transport and fuel4%

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

LOW$53   45,000 ARS
AVERAGE$150   130,000 ARS
HIGH$990   840,000 ARS
Per Month

Fuel consumption and cost of transport depend heavily on whether a family resides near school and work, but roughly speaking a family would expect to spend from 45,000 ARS to 840,000 ARS in a month on commuting with 130,000 ARS being the norm for most families. This means that money spent on transport constitutes about 4% of total spending on average but can go as low as 2% or as high as 6%.

Food, groceries, and basic shopping expenditure for families

Food and Groceries Cost22%

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

LOW$96   81,000 ARS
AVERAGE$270   230,000 ARS
HIGH$1,800   1.5M ARS
Per Month

The average outlay on groceries and basic houshold items for a typical family in a month in Mar del Plata is 230,000 ARS. The cost of groceries can range between 81,000 ARS to 1.5M ARS. Families spend on average about 22% on food and groceries with upper and lower bounds of 15% and 28% respectively.

Healthcare and medical services expenditure for families

Cost of healthcare12%

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

LOW$48   41,000 ARS
AVERAGE$150   130,000 ARS
HIGH$790   670,000 ARS
Per Month

Families in Mar del Plata allocate 8% to 17% 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 12%. The range of medical expenses range from 41,000 ARS to 670,000 ARS with 130,000 ARS being the norm for most families.

Leisure and shopping expenditure for families

Cost of leisure and shopping2%

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

LOW$27   23,000 ARS
AVERAGE$76   64,000 ARS
HIGH$490   420,000 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 23,000 ARS to 420,000 ARS with 64,000 ARS being the average. Speaking of percentages, that equates to 1% to 6% of total expenses with an average of 2% for most families.

Education and schooling expenditure for families

Cost of education and schooling13%

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

LOW$75   63,000 ARS
AVERAGE$210   180,000 ARS
HIGH$1,400   1.2M ARS
Per Month

Spending on education can vary drastically between different families. On average, education constitutes 13% of the monthly expenditure of families with 6% and 21% being the lower and upper bounds respectively. The average reported education cost is 180,000 ARS per month with 63,000 ARS being the minimum spent amount and 1.2M ARS being the maximum.

Other Expenses16%

16% of total expenses on average (9% to 21%)

LOW$43   36,000 ARS
AVERAGE$120   100,000 ARS
HIGH$790   670,000 ARS
Per Month
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.

Emergency Funds For Families

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

Yes48%

No52%


Based on the survey, 52% of the families living in Mar del Plata said that they don't have an emergency fund while 48% said that they do.

Income and cost of living compatibility. Is it affordable or economical for families to live in Mar del Plata

Affordable living in Mar del Plata

Income and cost of living compatibility

We asked families one simple question and recorded their answers.

Is it affordable or economical to live in Mar del Plata?


Yes
48%
No
52%

Around 48% of surveyed families think that living in Mar del Plata is affordable with proper budgeting while 52% reported that it is just too expensive and not affordable even with frugality and thriftness.

Financial goals and targets of families living in Mar del Plata

Financial goals of families in Mar del Plata

In an attempt to understand the economic situation in Mar del Plata, 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 Reduction45%
Retirement Savings11%
Education Funding6%
Homeownership19%
Investing6%
Travel or Lifestyle6%
Healthcare Expenses15%
Financial Independence4%

Around 9% of families said that their main goal is to establish an emergency fund to cover unexpected expenses while 45% 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.

Financial literacy and difficulty in budgeting and financial planning for families in Mar del Plata

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 family guardians and parents in Mar del Plata 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 families 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%

Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Mar del Plata

Housing costs, accommodation, and housing affordability in Mar del Plata

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


Rent Cost in Mar del Plata

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 Mar del Plata 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 Mar del Plata 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 Mar del Plata

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 Mar del Plata 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 Mar del Plata 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 Mar del Plata 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 Mar del Plata.



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 Mar del Plata 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%

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.

How easily is cost-cutting for families. Are there plenty of low-cost options in Mar del Plata

Low-cost alternatives in Mar del Plata

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 families 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 families living in Mar del Plata 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.

Chart showing the percentage of families who are in debt in Mar del Plata

Debt, loans, and mortgages in Mar del Plata


Percentage of families who are in debt


In Debt
31%
Debt Free
69%

According to the survey, 31% of the families in Mar del Plata 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 Mar del Plata

Debt-to-income ratio in Mar del Plata

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 family's monthly income in Mar del Plata goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

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

According to our data, 3% of the debtors in Mar del Plata pay 60%+ of their income as debt settlement while 20% 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 Mar del Plata

Debt% People
Real Estate Mortgage7%
Auto Loan13%
Student Loan4%
Credit Card31%
Personal Loan45%

7% of debtors in Mar del Plata 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 13% of people and personal loans rose at 45%. Lastly, student loans are the main source of debt for 4% of debtors in Mar del Plata.


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 Mar del Plata

Besides measuring the loan-to-income ratio, we asked families 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%

Monthly costs and expenses of energy and basic utilities in Mar del Plata

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Mar del Plata

Utility Bill Cost / Electricity + Water + Gas / Family

23,000 ARS 64,000 ARS 420,000 ARS
MINIMUM AVERAGE MAXIMUM
$27 $76 $490

Internet and cable cost

3,900 ARS 7,800 ARS 10,000 ARS
MINIMUM AVERAGE MAXIMUM
$4.6 $9.2 $12

Mobile phone bill and charges

3,100 ARS 5,200 ARS 16,000 ARS
MINIMUM AVERAGE MAXIMUM
$3.7 $6.1 $18

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 families is around 64,000 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 Mar del Plata 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 Mar del Plata

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


Prices and cost of goods and services in Mar del Plata

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
$0.92 $1.8 $3.1

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Mar del Plata 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 $4.7 $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 Mar del Plata.

Fine dining meal for one price

5,300 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 5,300 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 Mar del Plata.

Beverage prices, cappuccino, latte etc..

650 ARS 1,000 ARS 1,600 ARS
MINIMUM AVERAGE MAXIMUM
$0.77 $1.2 $1.8

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Mar del Plata 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 620 ARS 780 ARS
MINIMUM AVERAGE MAXIMUM
$0.61 $0.74 $0.92

The average price of a large bottle of milk in Mar del Plata is 620 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 $0.61 $0.92

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

880 ARS 1,100 ARS 1,600 ARS
MINIMUM AVERAGE MAXIMUM
$1 $1.4 $1.9

The price range of a fresh whole chicken in Mar del Plata is between 880 ARS and 1,600 ARS depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 1,100 ARS.

Pack of beef price

1,000 ARS 1,600 ARS 3,100 ARS
MINIMUM AVERAGE MAXIMUM
$1.2 $1.8 $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 570 ARS 810 ARS
MINIMUM AVERAGE MAXIMUM
$0.49 $0.68 $0.96

A bag of rice in Mar del Plata costs around 570 ARS on average with prices rangeing between 420 ARS and 810 ARS depending on the brand and quality.

Bag of tomatos price

160 ARS 210 ARS 390 ARS
MINIMUM AVERAGE MAXIMUM
$0.18 $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 360 ARS 600 ARS
MINIMUM AVERAGE MAXIMUM
$0.33 $0.43 $0.71

A bag of apples costs 360 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 Mar del Plata is around 30%. This means that families 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 families

Families' spending on grocery ranges from 81,000 ARS to 1.5M ARS with the location, income, and size of the family being the most determinite factors.

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