he National Institute of Statistics and Research (index) and the Institute of Statistics of the City of Buenos Aires. minimum income From family to upper middle class.
Data for October was released this Wednesday. Therefore, the organization responsible for the investigation should Consumer Price Index (CPI) New tier data based on each household’s salary in October.
Meanwhile, it has already been reported that Inflation in Buenos Aires city In the 10th month of this year, it was 2.2%, the same as September, and higher than August’s 1.6%.
With this increase, national level can affect the value of the underlying basket and therefore income Belonging to different social classes.
How much money does a family need to be middle class in October?
According to the report “Poverty line and consumer basket in Buenos Aires”a typical family consisting of two economically active adults and two minors needed a monthly income of at least $1,628,924.53 to be considered eligible. middle class In October.
This calculation includes access to goods and services essential to survival, as well as costs associated with living. Housing, health, education, transportation, clothing, recreation. It is important to note that the report considers families to own their homes, so rent is not included.
Meanwhile, this Wednesday, the National Institute of Statistics and Census (INDEC) Basic Food Basket (CBA) and Total Basic Basket (CBT)Two important indicators for determining the required income according to different social classes in Argentina.
These data are essential to establish poverty linepoverty and socio-economic level (including the minimum income required for a household to be considered upper middle class).
How much do you have to earn to be in the upper middle class in Argentina?
According to the data, the typical family is considered to be a family of four. upper middle class If your total monthly income is equal to four times the Consumer Basket System CBT value, extrapolate the formula used by the City to determine that range.
In the latest update, the minimum amount of money a family needs to be part of the upper middle class is $8,144,620 Meanwhile, in October, the amount amounted to $7,989,508 in the city of Buenos Aires.
On the other hand, the basic basket is
Thus, the basic family basket increased by 1.9%. According to IDECBA.
How long does it take to avoid being poor in Argentina?
IDECBA reports that during October 2025, the typical household will $1,628,925 Don’t let people think you’re poor. This value corresponds to the total basic basket (CBT), which includes food and other essential goods and services.
The monthly rate of change in the Basic Food Basket (CBA), which measures the poverty threshold, was 1.9% in September.
INDEC also sets criteria for a family to be considered middle class. In the 10th month of this year, the value reached $4,855,196 per month. This is equivalent to four times its value. total basic basket.
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