Although after the inflationary acceleration December 2023, product of the devaluation of the peso by 54% that was carried out by the government of Javier Mileithe consumer price index began to decelerate, throughout these eleven months, the cost of maintaining a home grew, driven above all by the impact of utility increases and currently costs about $920,000 a month.
Scope conducted a survey of the cost of maintaining a homewhich includes the payment of rent a two-room apartmentthe expensesthe gas, electricity and water servicesas well as that of mobile phone, Internet, cable TV and home insurance.
How much did the rent and expenses increase?
He average rent of a two-room apartment in the City of Buenos Aires (CABA) During November it had a value of $538,324according to the survey of Zonaprop. That is, for a 50 square meter home with a five square meter balcony.
He rent increase 61% so far this year, below the inflation of 112%. However, other costs increased above that level.
Regarding the expensesthey climbed 154.02%, above the inflation so far this year, due to strong increases in public services. The average value was located at $169,236according to the survey of Octopus Proptech.
How much did services increase?
The public services, so far this year, they increased well above the inflation, due to the increase in rates, as well as the removal of subsidies implemented by the Milei government.
He water accumulated an increase of 305%, while the gas went up a 564% -after the withdrawal due to the end of the winter period- and the electric light a 169%as measured by November of the Observatory of rates and subsidies Interdisciplinary Institute of Political Economy – IIEP (UBA-CONICET).
This implies that the value of the water bill quadrupled, while the gas bill multiplied by 6.5 and the electricity bill almost tripled. The average rate in November was at $27,022, $18,853 and $32,070, respectively.
Meanwhile, the services of mobile phone, Internet and wire and home insurance were positioned on average in $21,000, $60,000 and $50,000respectively.
How much did it cost to maintain a home in November?
In November, maintaining a home cost $916,505, while the minimum wage was from $271,571 in November and the average salary of $1,146,474.18 in October, which is the latest data that the Ministry of Labor, Employment and Social Security. That is to say, that Maintaining a home cost almost 80% of an average salary and more than three minimum salaries.
Source: Ambito
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