- How much does a family need to become middle class in the city of Buenos Aires?
This Wednesday, November 12th, National Institute of Statistics and Census (index) announce the numbers of inflation October data and Basic family and total basketThis determines what percentage of the population can have their primary needs covered.
In that sense, it is essential to know how the income and expenditure of the population changes.
Regarding inflation, Market Expectations Survey (REM)is compiled monthly by the central bank (BCRA) and is expected to be around 2.2% in October.
How much does a family need to be middle class?
of Total Basic Basket (CBT)In addition to food, this includes a variety of household expenses such as clothing, health, transportation, and education, which defines the “poverty line.” According to the latest official data, this indicator rose by 1.4% in 2019. september Compared to the previous month, that is, increased below the inflation rate at the time.
Thus, a typical family consists of a 35-year-old man, a 31-year-old woman, a 6-year-old son, and an 8-year-old daughter. $1,176,852 for Not being poor. Requires same household consisting of 2 adults and 2 minors $527,736 This is to meet your basic food needs and avoid situations such as: A situation of extreme poverty.
Finally, a household of five members (a 30-year-old man and woman, and three children ages 5, 3, and 1) has a total $1,237,789 to avoid falling into poverty. He needs $555,063 to stay off the homeless list. This Wednesday, the 12th, data for October will be available and will affect November.
How much does a family need to become middle class in the city of Buenos Aires?
Expectations are high for the index this week as well. buenos aires city. It will be announced on Wednesday the 12th. To be considered family, middle class The total and monthly income of the family must be at least 1.25 times the basic basket total and not more than 4 times the CBT of the consumer basket system.
This amount corresponds to an economically active homeowner family of a woman, a 35-year-old man, and two boys, ages 9 and 6. According to the latest data corresponding to September, it is estimated that homeowner-type families need at least an income. $1,997,377 for become middle class In the city of Buenos Aires.
Households with an income of $6,391,608 They are part of the “wealthy” group. It’s important to consider that the report doesn’t take into account the amount you spend each month. Rental fee These are the costs of a house or apartment that are borne by more than one-third of households living in the city of Buenos Aires.
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