In this article we are going to analyze the prices of a traditional food truck in Buenos Aires. We’ll make a comparison between the current prices (November 2020) and the prices of October 2018. There are different indexes we may consider but we decided to create our own index comparing prices of… sandwiches in a food truck!
This food truck is an authentic place visited by middle class families from Buenos Aires.
So we’re going to compare the prices there in October 2018 and the actual prices of November 2020.
This comparison will help us get an idea of how cheap or how expensive Buenos Aires can be, depending on the inflation and devaluation.
We’ll just compare how expensive 2 meals could be.
Having said that, we’ll need to make clear that this won’t represent what these prices mean for local families.
In order to do that we should actually include a comparison in the prices.
We only mean to offer travellers an idea of Argentina’s cost of living when traveling here, depending on the moment.
Besides, as we’ll be comparing food, it is important to make a comment about portion sizes.
Any of these sandwiches are large enough to feel satisfied, after eating only one of them.
You can order a serving of french fries to add to the sandwich, but be aware that it is already abundant.
The best for 2 people is maybe 2 sandwiches and 1 serving of French fries to share.
So let’s get to business, let’s compare these prices! Again, we’ll be using the “dolar blue” exchange rate to convert prices in Argentinean Pesos (ARS). This way you’ll get an idea about how cheap Buenos Aires is these days, in comparison to 2018.
As we can see, Buenos Aires has become a super cheap city for travelers. If you wanted to check this by yourself, you could check out the price lists we’ve used to calculate our Food Truck Index.
Argentina became a very cheap country for foreign tourists after the last economic crisis that began in 2018 and that still continues during the COVID19 pandemic.
Truth is we do not know when will it end …
We already mentioned in our previous post that the Argentine economy is very very complex.
There are many very unstable factors to take into account in order to understand our economy. The most importan ones, the ones that caught most attention, are inflation and devaluation.
Inflation is the increase in prices of all goods and services. In recent years, inflation was between 30% per year and 50% per year. Yes, that means that all prices raise year after year that much!
Devaluation is the increase in the price of foreign currency regarding the argentine peso. Unfortunately, this also impacts in the prices scale.
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