The Total Basket (CT), which in different proportions delimits the fragile middle sector, the middle class and the well-off sectors, was located at $348,316 for a household of four people.
A family made up of four peopletwo adults and two children, in the city of Buenos Aires needed $348,315 to be considered middle class, according to a report from the Government of the City of Buenos Aires.
Meanwhile, the Basic Food Basket (CBA)which measures the poverty line, for a family of four – two adults and two children – was located at $158,669 so as not to be destitute.
The Total Basket (CT) which in different proportions delimits the medium fragile sector, the middle class and the wealthy sectors, was located for a household of four people, in $348,316. While the poverty line was located at $282,453.
The analysis carried out by the statistical agency of the Buenos aires city makes a big assumption, which is that the type family that the report defines is owner of the property in which he liveswith which your rental needs are covered.
What class do you belong to according to your income level?
- In situation of non-destitute poverty goes from the $158,668.56 to $282,452.82
- Not vulnerable poor since the $282,452.83 to $348,315.92
- Fragile middle sector since the $348,315.93 to the $435,394.90
- Middle sector what is called “Middle class” since the $435,394.91 to the $1,393,263.71
- Well-off sectors since the $1,393,263.72
Source: Ambito
