This is the most expensive country in Latin America, where a coffee can cost $ 3.5: it manages to overcome Brazil and Chile

Argentina It is positioned as the country with the more expensive coffee From Latin America, surpassing nations such as Chile, Mexico, Brazil and Colombia, as details a report by El País. This phenomenon is not limited to coffee, since other essential products also have high prices compared to their neighbors.

The analysis, carried out by the Spanish newspaper El PaísIt emphasizes that the price of a coffee in a central bar of Buenos Aires is around USD 3.5, which significantly contrasts with prices in other capitals in the region. In addition, the report indicates that the minimum wage in Argentina is one of the lowest, which aggravates the economic situation of citizens.

Argentina is the most expensive country in Latin America to have coffee, according to El País

The analysis, carried out by the Spanish newspaper El País, highlights that the Cost of coffee In a central establishment in Buenos Aires it is approximately USD 3.5, which contrasts significantly with prices in other capitals in the region. In addition, the study reveals that in the capital of Chile, Santiago, a coffee costs USD 2,8; in Mexico City, USD 2.5; In Bogotá and São Paulo, only USD 1.5.

What other costs in Argentina are high compared to other countries in the region?

The newspaper El País report not only shows the coffee price which can cost $ 3.5 in Argentina. If not also prices such as parking or parking, this from a comparison with other countries.

Parking cost in Latin American countries

The cost of parking in Buenos Aires also stands out as the highest in the region, with a USD 4.5 rate per hour. In comparison, São Paulo Cobra USD 4, Santiago USD 3,1, Bogotá Usd 2,2 and Mexico City USD 2. This high price trend is observed in various products, including the can of Coca-Cola, which in Argentina Cuesta USD 1.7, surpassing prices in Colombia and Brazil, where USD 0.7 is located.

How much does an executive menu compare with the minimum salary in Latin American countries?

The executive menu in a Buenos Aires Central Restaurant It also reflects this disparity, with a cost of USD 18, well above the USD 7.5 in Bogotá and USD 5 in Mexico City. Despite these high prices, the minimum wage in Argentina is at USD 292 per month, one of the lowest in the region, in contrast to USD 516 in Chile and USD 400 in Mexico.

The economic situation Argentina is influenced by the exchange rate appreciation, which has increased the products in relative terms. After the devaluation of December 2023, the Central Bank implemented a monthly crawling, which has led to the weight to be the coin that was most appreciated in the world in 2024. This has resulted in a price increase, not only in products local, but also in imported goods.

Source: Larepublica

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