Formosa, Argentina is Very affordable overall. Monthly costs are about $335 for one person and $748 for a family of four, including rent.
Overall living costs in Formosa are 62% cheaper than the European benchmark.
Formosa is 85% cheaper than New York City, without rent.
Rent in Formosa is, on average, 96% lower than in New York City.
Formosa is a better match for people who prioritize lifestyle benefits and can afford the premium driven by rent & utilities and transport. For most moderate-income households, housing costs are the main barrier.
The main driver of costs in Formosa is rent & utilities, which can significantly impact overall expenses. While it remains affordable compared to many places, these costs can still be a concern for some residents.
Food in Formosa is 58% lower than the European benchmark, making it quite affordable for residents. This allows for a diverse diet without breaking the bank.
Public transport in Formosa is 67% lower than the European benchmark, providing an economical option for commuting. This affordability enhances accessibility for residents throughout the city.
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| Without Rent | |
| Rent & Utilities | |
| Food | |
| Transport | |
| Monthly Salary, after tax | |
| GDP per Capita | |
| Freedom Index | |
| Lifespan | |
| Speak English | |
| Population |
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Update Prices| Lunch menu, inexpensive restaurant | 2.15 $ |
| Dinner | 2.6 $ |
| Fast food, McDonalds or KFC | 2.3 $ |
| Beer, 0.5 L or 16 fl oz | 2.1 $ |
| Capuccino | 0.26 $ |
| Coke, 330ml | 1.37 $ |
Compare Formosa with:
| Milk, 1 L or 1 qt | 1.46 $ |
| Bread, 0.5 kg or 1 lb | 0.24 $ |
| Rice, 1 kg or 2 lb | 0.24 $ |
| Eggs, 12 pack | 1.38 $ |
| Cheese, 1 kg or 2 lb | 3.02 $ |
| Chicken Breast, 1 kg or 2 lb | 3.8 $ |
| Round Steak, 1 kg or 2 lb | 6.28 $ |
| Apples, 1 kg or 2 lb | 0.65 $ |
| Banana, 1 kg or 2 lb | 1.5 $ |
| Oranges, 1 kg or 2 lb | 1.46 $ |
| Tomato, 1 kg or 2 lb | 0.91 $ |
| Potato, 1 kg or 2.2 lb | 0.5 $ |
| Onion, 1 kg or 2.2 lb | 0.97 $ |
| Water, 1 L or 1 qt | 0.85 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 1.77 $ |
| Wine, 750 mL bottle | 2.46 $ |
| Beer, 0.5 L or 16 fl oz | 0.86 $ |
| Cigarette pack | 1.99 $ |
| One-way Ticket | 0.44 $ |
| Monthly Pass | 3.08 $ |
| Gas or Petrol, 1l or 0.26 gal | 0.96 $ |
| Taxi, 8 km | 9.95 $ |
| Doctor Visit, private clinic | 2.18 $ |
| Cold medicine, for 1 week | 2.39 $ |
| Hair Shampoo, 400 ml or 12 oz. | 1.38 $ |
| Toilet paper, 4 rolls | 1.13 $ |
| Toothpaste, 1 tube | 1.15 $ |
| 1 person, electricity, heating, water & garbage | 4 $ |
| Family of 4, electricity, heating, water & garbage | 7 $ |
| Internet plan, +60 Mbps | 8.04 $ |
| 1 Bedroom Apartment, outside of center, 40 sq.m | 88 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 74 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 163 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 127 $ |
| Price per Square Meter to Buy Apartment, in city center | 2,25 $ |
| Price per Square Meter to Buy House, in suburbs | 987 $ |
| Average Monthly Net Salary, after tax | 407 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 39.99% |
| Fitness Club, Monthly Fee for 1 Adult | 12.1 $ |
| Cinema, 1 seat | 0.83 $ |
| Haircut | 2.98 $ |
| Brand Sneakers, mid-range, Nike or similar | 102 $ |
| Brand Jeans, Levis 501 | 30.2 $ |
| Preschool, full day, monthly for 1 child | 84 $ |
| International Primary School, yearly for 1 child | 1,622 $ |