Buenos Aires Salaries Rank Low as Rents Outpace Wages
Deutsche Bank's 2026 report shows Buenos Aires with the steepest drop in disposable income among 69 cities, as rents rose 89% and salaries fell 5%. The post Buenos Aires Salaries Rank Low as Rents Outpace Wages appeared first on The Rio Times .
In the 2026 Deutsche Bank price report, Buenos Aires ranks 59th out of 69 cities for net monthly salary, at US$842. While this figure may appear modest compared to neighboring Latin American cities like Mexico City (US$1,059) and São Paulo (US$853), the stark contrast lies in the cost of living. The key factor driving this disparity is the soaring rent prices.
A central three-bedroom flat in Buenos Aires now costs US$1,572 per month, marking an 89% increase since 2016 when the monthly rent stood at US$831. This rental surge has led to a drastic decline in disposable income for locals. In Buenos Aires, two working adults have just US$112 left each month after accounting for rent, representing an 88% drop since 2016, which is the steepest decline among the surveyed cities.
The data from the report reveals that even though Buenos Aires rent might seem affordable for expats earning dollars, it becomes comparatively expensive when viewed through the lens of local purchasing power. The city-centre apartments cost approximately US$2,621 per square metre, which ranks 64th out of 69 cities. The drastic rent-price rise has outpaced salary growth by a considerable margin, contributing to the overall economic hardship experienced by residents in Buenos Aires.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.