Poverty family bin in Buenos Aires: over $ 100,000 per month, not counting the rent

In June, the basic family basket of poverty in the city of Buenos Aires exceeded the $ 100,000 mark. Before the price comment following the resignation of Martín Guzmán, for not being a poor family (married couple and 2 children) he needed $ 104,489, not counting the rent.

The measurement comes from the Buenos Aires City Bureau of Statistics and Census, which reported that a family of four (married couple and 2 children) needed more than $ 57,121 to avoid being destitute when it was $ 40,101 a December 2021; an increase of 42.4%.

A similar value will be reported next week by INDEC for Capital and GBA.

In June, CABA increased staple foods – which determine the poverty line: Bread and cereals (6.2%), Meat and derivatives (3.8%), Milk, dairy products and eggs (5.7%) and Vegetables, tubers and legumes (9.4%).

Meanwhile, in order not to be poor, a typical family (married couple and 2 minor children) had to have an income of over $ 104,489 versus the $ 76,177 they needed in December last year, which represents a 37.2% increase. in just 6 months.

The total basic or “poverty” basket of Buenos Airesin addition to food, it includes other goods, but not the rent of the accommodation.

Thus, the basic Buenos Aires basket for a family who renting a modest house would be around $ 150,000, a value that most of the workers, even with the contributions to the Social Security, are unable to cover.

Therefore, due to its magnitude and incidence, the increase in the prices of food, other goods and services affects the destitute and the poor with greater force.

In order not to be poor but to be considered a vulnerable or frail middle-sector household, income would have to be between $ 104,489 and $ 160,849 and to be middle-class have incomes that exceed that $ 160,849, without calculating any rent.

The Buenos Aires Department reported that inflation was 5.1% in June, while for July it is estimated to exceed 7%.

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