Due to the devaluation, Buenos Aires has become one of the 10 cheapest cities in the world.

As a result of the devaluation, Buenos Aires lost 48 places in the global cost of living ranking compiled by the British magazine The Economist over the last year. it is ranked among the 10 most "cheap" cities in the world. The Argentine capital has fallen to 125th place among 133 cities and shares the list with the cities of Caracas (Venezuela), Damascus (Syria), Tashkent (Uzbekistan), Almaty (Kazakhstan), Bangalore (India), Karachi (Pakistan), Lagos (Nigeria), Chennai (India) and New Delhi (India).

"Fluctuations in the currency are still one of the main causes of ranking changes," says the magazine's annual report, which compares dollar-measured prices in different countries around the world. But in the case of Buenos Aires, its fall in the list was linked, according to the publication, to a combination of factors, including external imbalances, political instability, currency crises and confidence that led to a considerable weakening of the peso relative to the US dollar. dollar in august.

Far from the prices of Buenos Aires, at the top of the list were the 10 most expensive cities in the world. First place was shared between Singapore (Singapore), Paris (France) and Hong Kong (China), followed by Switzerland's Zurich and Geneva. The list is completed by Osaka (Japan), Seoul (South Korea), Copenhagen (Denmark), New York (United States), Tel Aviv (Israel) and Los Angeles (United States).

Some comparisons of porteño price in dollars? According to the survey, the price of lactal bread (per kilo) in Buenos Aires is USD 3.91 (USD 160 at the prevailing exchange rate, although the values ​​were surveyed in December). It's the same price as in Hong Kong. In Paris, it is 5.66 USD (232 $) and in Damascus 0.60 USD (24 $).

During, a men's ambo costs 750.55 USD (30.787 USD) in Buenos Airescheaper than in Paris – where it costs $ 2,000 ($ 82,040) – but more expensive than in Genevawhere it is obtained for USD 573.20 (USD 23,500).

Nail bottle of beer (330 ml) costs $ 0.89 ($ 36.50) in Buenos Aires, $ 2.37 ($ 97) in Singapore, $ 3.25 ($ 133) in Zurich and $ 3.33 ($ 136) in New York.

A haircut For women, the average price is 30.18 USD (1 237 USD) in Buenos Aires, cheaper than in Paris (119 USD or 4 881 USD) or New York (210 USD or 8 614 USD) .

The A global cost of living survey is conducted twice a year and compares more than 400 prices of products and services., including food, clothing, housewares, renting, transportation and utilities. Although the data allow comparisons from city to city, all
The cities are compared to a base in New York City, whose index is set at 100.

In addition to Buenos Aires, the Brazilian cities of Rio de Janeiro and St.Paul they also had a significant drop in the rankings, dropped 15 and 16 positions and were located in places 108 and 107 respectively.

Among the most expensive in the region, were located in Mexico City, at position 58, and in Montevideo and Guatemala, both at position 72 of the publication's clbadification. Then come the cities of Santiago de Chile and Lima, connected to the 76th rank.