Are salaries this low for expats or locals???

[ElQueso]

The Central Bank data reveals Argentina's household irregular credit portfolio hit ARS 5.3 trillion in November 2025, with personal loans and credit cards accounting for 77.2% of the total, contrasting low 3% delinquency in secured mortgages.

• The attached graph tracks credit card delinquency as a share of irregular household debt, showing a climb from 29% in late 2023 to 34.6% by November 2025, underscoring escalating consumer debt pressures.

• This trend mirrors national figures where family loan delinquency reached 8.8%—highest since 2010—amid debts equaling 140% of monthly incomes, highlighting persistent economic challenges despite inflation controls.

 

[Piranha]

Salaries aren't enough for many families to make it to the end of the month but at least they can find jobs. Economic cycles in Argentina are cyclical. Things are ok until they are not. Many such cases of people with 2nd or even 3rd jobs to make it though the month.

 

[Nasdaq]

Interesting graph to see how salaries are in Argentina over the last few decades.

 

[MikeYoung]

Interesting graph to see how salaries are in Argentina over the last few decades.

Thanks for sharing that! Interesting. I assume these are minimum wages.

 

[Allah]

Interesting graph to see how salaries are in Argentina over the last few decades.

Just goes to show you how Argentina's economy goes from bad to good to bad. All over the place. Prices are very high for the low salaries. I just read in the other post that firefighters in Patagonia fighting the fires are only making $350 to $475 USD per month.

 

[Anchor Baby]

Cops are only making 700,000 pesos a month. $485 USD per month. You really think things are going to end up well?

 

[Earl Lee]

Salaries are terribly low. One of my friends told me this is the situation there. 6 days working per day. 8 hours a day for 650,000 pesos per month. $450 USD per month. I don't know how people are making it here.

 

[MikeYoung]

Salaries are terribly low. One of my friends told me this is the situation there. 6 days working per day. 8 hours a day for 650,000 pesos per month. $450 USD per month. I don't know how people are making it here.

Yeah and they give you a 6 month trial and then fire you. Not sure how people think this is going to turn out well. It can't. Inflation is getting worse the past few months.

 

[MikeAnton]

Yeah and they give you a 6 month trial and then fire you. Not sure how people think this is going to turn out well. It can't. Inflation is getting worse the past few months.

That's why they say just wait if things aren't how you think they will be in Argentina. Salaries are slave wages and everything around here is expensive.

 

[Blockchain]

Learn a trade. My friends in BA that are plumbers and handymen, electricians are all doing better than ever. Same as my friends in the US that are in these trades. These are hourly wages in Buenos Aires. I have a plumber friend in BA that makes about $4,000 USD per month. More than many doctors there. AI proof.

 

[ben]

Learn a trade. My friends in BA that are plumbers and handymen, electricians are all doing better than ever. Same as my friends in the US that are in these trades. These are hourly wages in Buenos Aires. I have a plumber friend in BA that makes about $4,000 USD per month. More than many doctors there. AI proof.

View attachment 10352

No way that all of these are making that much. It might be a few but doubt that is across the board. You can do private surveys and come out with whatever you want to come out with. I know some electricians and plumbers that make much less than this. Salaries aren't keeping up with inflation overall.

 

[Petey]

Argentina's minimum wages are still some of the lowest in the world. Many African poor countries and then Argentina.

 

[MikeAnton]

So crazy! This guy is saying when they do interviews 80% say it's their first job that isn't under the table getting paid.

 

[citygirl]

First world prices at African salaries.

 

[VINO]

Most people aren't making it until the end of the month. So many like this. Let's see what happens in 2027.

 

[Avocado]

Let's face facts. Life was better with Cristina. Salaries were much higher and things were less expensive.

 

[GlasgowJohn]

Where are these figures from @Avocado

 

[Wally]

Where are these figures from @Avocado

Just using AI I can see much of that is false.

Here is a factual breakdown of each claim comparing Cristina Fernández de Kirchner’s final year (2015) to Javier Milei’s administration (2025):

1. Inflation (2.4% vs. 2.5%)​

• Verdict: Partially accurate, but lacks context. * These figures represent monthly inflation snapshots, not annual rates. During late 2025, Argentina's monthly inflation dropped to the 2.5% to 2.9% range (INDEC reported 2.9% for January 2026, for example). In 2015, monthly inflation was also hovering around 2%, with annual inflation estimated around 24% to 30%. However, comparing these two directly leaves out vital context: 2015's inflation was kept artificially low through heavy price controls and utility subsidies, whereas 2025's inflation rate was achieved in a largely deregulated economy.

2. Debt with the IMF​

• Verdict: 2015 is True; 2025 is False.
• In 2015, Argentina owed exactly $0 to the International Monetary Fund, as the debt had been paid off entirely in the mid-2000s.
• However, the $88.1 billion figure for Milei in 2025 is highly exaggerated. As of late 2025, Argentina is the IMF's largest debtor, but its outstanding credit stands at roughly $57 billion. Even factoring in the new $20 billion Extended Fund Facility approved by the IMF in April 2025 (much of which is used to refinance existing maturities), the total principal owed does not reach $88.1 billion.

3 & 4. Minimum Wage and Pensions in USD​

• Verdict: Highly misleading for 2015; accurate for 2025.
• The 2025 figures (a $225 minimum wage and $237 minimum pension) are generally accurate reflections of the real exchange rate during early to mid-2025.
• The 2015 figures ($742 wage and $442 pension) are distorted. During CFK's final year, Argentina had strict currency controls (the "cepo"). The government enforced an artificial "official" exchange rate of about 9.5 pesos per US dollar, which ordinary citizens could not freely access. If you divide the 2015 peso salaries by this inaccessible official rate, you get those high numbers. However, if calculated using the real, accessible "Dólar Blue" rate of the time (around 15 to 16 pesos per dollar), the true purchasing power in USD was roughly 40% to 50% lower than what the infographic claims.

5. Unemployment (5.9% vs. 7.6%)​

• Verdict: Accurate based on official government reports.
• In the second quarter of 2025, unemployment under Milei did reach 7.6%. (Note: It has since dropped to 6.6% in the third quarter of 2025).
• In 2015, the official INDEC figure reported unemployment at 5.9%. However, it is widely acknowledged by independent economists that INDEC data was intervened with and manipulated during the CFK administration; private consultants at the time estimated the real 2015 unemployment rate was closer to 9.1%.

6. Workers' Share of GDP (53% vs. 38%)​

• Verdict: Generally Accurate.
• During CFK's administration in 2015, the workers' share of the GDP reached historic highs, hovering slightly above 50%. Following severe devaluations in late 2023 and the subsequent recession, real wages dropped significantly, bringing the workers' share of the GDP down to roughly 38% to 42% in 2024/2025.

 

[Avocado]

Look at the slave wages that Argentines are getting from foreigner expats.

Nanny working 35 hours a week only making $313 dollars a month. ☠️

 

[Finance Prof]

His kids must be very young. Tuition is more than that at many private schools.