Last update: Oct 2026

Cost of Living Comparison Between Buenos Aires and Faro

For one person, living is cheaper in Buenos Aires: $1,656 a month against $1,764 in Faro, rent and utilities included – about $1,300 less a year. Higher rent and utilities in Faro outweigh lower spending on other living expenses.

80

Cost of Living Index in Buenos Aires
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Buenos Aires Living Index
86

Cost of Living Index in Faro
Learn more

Faro Living Index

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Buenos Aires

🇦🇷 Argentina

$1,656

/mo nomad

Faro

🇵🇹 Portugal

$1,764

/mo nomad

Monthly Cost of Living

How much you'll spend in Buenos Aires and in Faro

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Buenos Aires and in Faro actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,656 in Buenos Aires versus $1,764 in Faro.

Buenos Aires $1,656
Faro $1,764

Estimated couple costs with rent: $2,697 in Buenos Aires versus $2,627 in Faro.

Buenos Aires $2,697
Faro $2,627

Monthly costs for a family of three with rent: $3,737 in Buenos Aires versus $3,489 in Faro.

Buenos Aires $3,737
Faro $3,489

Living in Buenos Aires costs roughly 6% less than in Faro, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Buenos Aires 23% above, Faro 31% above.

Meal at Budget Restaurant

$19.09 ARS 29.0K

$13.34 €11.87

43.10%

Three-Course Dinner for Two, Mid-Range

$65.8 ARS 99.9K

$44.34 €39.44

48.40%

Fast Food Meal (McDonalds, etc)

$13.20 ARS 20.0K

$11.22 €9.98

17.65%

Cappuccino

$3.85 ARS 5,841

$1.81 €1.61

112.71%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.99 ARS 3,020

$2.30 €2.05

-13.48%

Water (0.33 liter bottle)

$1.60 ARS 2,430

$1.71 €1.52

-6.43%

Local Beer (0.5 liter draught)

$3.93 ARS 5,959

$2.74 €2.44

43.43%

Imported Beer (0.33 liter bottle)

$4.61 ARS 7,003

$2.56 €2.28

80.08%

Milk (1 liter)

$1.50 ARS 2,272

$1.06 €0.94

41.51%

White Bread (500g)

$2.53 ARS 3,837

$1.44 €1.28

75.69%

Rice (white) (1kg)

$1.61 ARS 2,445

$1.72 €1.53

-6.40%

Eggs

$2.84 ARS 4,316

$3.43 €3.05

-17.20%

Local Cheese (1kg)

$10.30 ARS 15.6K

$13.98 €12.44

-26.32%

Chicken Fillets (1kg)

$10.00 ARS 15.2K

$6.02 €5.35

66.11%

Beef Round Steak (1kg)

$13.30 ARS 20.2K

$11.27 €10.03

18.01%

Apples (1kg)

$2.88 ARS 4,366

$2.60 €2.31

10.77%

Banana (1kg)

$2.20 ARS 3,334

$1.30 €1.16

69.23%

Oranges (1kg)

$1.40 ARS 2,120

$1.56 €1.39

-10.26%

Tomato (1kg)

$1.98 ARS 3,004

$2.63 €2.34

-24.71%

Potato (1kg)

$1.21 ARS 1,835

$3.16 €2.81

-61.71%

Onion (1kg)

$1.26 ARS 1,910

$2.08 €1.85

-39.42%

Lettuce (1 head)

$1.71 ARS 2,592

$1.34 €1.20

27.61%

Water (1.5 liter bottle)

$1.72 ARS 2,603

$1.14 €1.02

50.88%

Cigarettes 20 Pack (Marlboro, Camel)

$4.29 ARS 6,505

$6.51 €5.79

-34.10%

Wine (Bottle)

$5.70 ARS 8,645

$4.96 €4.41

14.92%

Local Beer (0.5 liter bottle)

$2.17 ARS 3,288

$0.95 €0.85

128.42%

Imported Beer (0.33 liter bottle)

$2.76 ARS 4,188

$3.39 €3.01

-18.58%

One-way Ticket (Public Transport)

$0.75 ARS 1,141

$3.25 €2.89

-76.92%

Public Transport Monthly Pass (Regular Price)

$27.27 ARS 41.4K

$41.55 €36.96

-34.37%

Taxi Start (Normal Tariff)

$1.57 ARS 2,375

$3.58 €3.19

-56.15%

Taxi (Normal Tariff) (1km)

$1.03 ARS 1,558

$1.15 €1.02

-10.43%

Taxi 1hour Waiting (Normal Tariff)

$7.90 ARS 12.0K

$21.33 €18.97

-62.96%

Gasoline (1 liter)

$1.42 ARS 2,160

$2.03 €1.81

-30.05%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.9K ARS 42.4M

$33.9K €30.1K

-17.54%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$35.0K ARS 53.1M

$37.9K €33.7K

-7.76%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$195 ARS 296.2K

$109 €97.0

78.98%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$25.16 ARS 38.2K

$19.47 €17.32

29.22%

Internet (50+ Mbps, Unlimited Data)

$31.54 ARS 47.9K

$34.73 €30.89

-9.19%

Gym Membership (Monthly)

$50.9 ARS 77.3K

$43.21 €38.44

17.84%

Tennis Court (1 Hour on Weekend)

$16.73 ARS 25.4K

$21.55 €19.17

-22.37%

Cinema Ticket

$10.34 ARS 15.7K

$10.94 €9.73

-5.48%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$463 ARS 703.2K

$456 €405

1.68%

International Primary School, 1 Child (Yearly)

$8,793 ARS 13.3M

$11.1K €9,829

-20.42%

Jeans (Levis 501 Or Similar)

$120 ARS 181.8K

$69.5 €61.9

72.32%

Summer Dress (H&M, Zara, etc)

$95.5 ARS 144.9K

$43.44 €38.64

119.80%

Sport Shoes (Adidas, Nike)

$114 ARS 173.1K

$104 €92.2

10.09%

Men's Leather Business Shoes

$139 ARS 211.4K

$103 €91.3

35.69%

1-bedroom Apartment, City Center (Monthly)

$756 ARS 1.1M

$1,028 €914

-26.43%

1-bedroom Apartment, Outside City Center (Monthly)

$520 ARS 788.8K

$885 €787

-41.27%

3-bedroom Apartment, City Center (Monthly)

$1,590 ARS 2.4M

$1,708 €1,520

-6.92%

3-bedroom Apartment, Outside City Center (Monthly)

$1,198 ARS 1.8M

$1,505 €1,339

-20.38%

Buy Apartment in City Center (m2)

$2,713 ARS 4.1M

$4,622 €4,111

-41.30%

Buy Apartment Outside City Center (m2)

$1,901 ARS 2.9M

$3,560 €3,166

-46.61%

Average Monthly Net Salary (After Tax)

$938 ARS 1.4M

$1,342 €1,193

-30.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

57.25

3.57

1503.64%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Buenos Aires: October 11, 2026

Last update for Faro: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Buenos Aires

$520 31.4%

Faro

$885 50.2% 70.3% $365

Groceries & Markets

Buenos Aires

$283 17.1%

Faro

$246 13.9% 13.2% $37

Eating Out

Buenos Aires

$282 17%

Faro

$197 11.2% 30.1% $85

Monthly Utilities & Internet

Buenos Aires

$252 15.2%

Faro

$163 9.3% 35.2% $89

Clothing & Footwear

Buenos Aires

$211 12.7%

Faro

$144 8.2% 31.9% $67

Sport & Entertainment

Buenos Aires

$72 4.3%

Faro

$65 3.7% 9.1% $6.5

Getting Around

Buenos Aires

$37 2.2%

Faro

$64 3.6% 72.7% $27

Cost Breakdown

A one-bedroom apartment in the center runs $756 in Buenos Aires and $1,028 in Faro. Housing cost is often the main lever when comparing two cities.

Faro pays 43% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $66.0 in Buenos Aires vs $44.00 in Faro for a mid-range dinner for two. Groceries echo the gap at $283 vs $246 per month, with Faro cheaper across the board.

Good to know

🇦🇷 Buenos Aires

🇵🇹 Faro

🕒 Local time

21:23 9:23 PM

01:23 1:23 AM

4 h ahead of Buenos Aires

🌤 Weather

👥 Population

2,891,082 Capital

67,650

💱 Currency

Argentine Peso ARS $

Euro EUR €

📈 Exchange rate

10,000 ARS = 6.59 USD

10,000 ARS = 5.86 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to ARS – Argentine Peso Converter

🇺🇸 United States Dollar ($)

🇦🇷 Argentine Peso ($)

Argentine Peso exchange rates as of October 18, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,706 ARS (10,000 ARS = 5.86 EUR).

Euro exchange rates as of October 18, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to ARS in detail →

On the map

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Between locations

Buenos Aires Faro 9,520 km ≈ 12 h nonstop flight

From you

Buenos Aires
Faro

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Buenos Aires vs Faro: Cost of Living - Frequently Asked Questions

Buenos Aires and Faro differ by about 6% in total monthly costs ($1,656 vs $1,764 including rent). Buenos Aires is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 43% lower in Faro. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $756 in Buenos Aires versus $1,028 in Faro. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $463 in Buenos Aires versus $456 in Faro. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Faro pay roughly 15% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $1,656 in Buenos Aires versus $1,764 in Faro, a $3,000 budget is realistic in Buenos Aires but tight or insufficient in Faro. The gap between the two cities makes Buenos Aires the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Buenos Aires and Faro are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Buenos Aires gentler on the wallet – expenses run 6% less than in Faro. Beyond cost, consider language, visa policies, and how big the international community is in each city.