I sarched for the "poverty line" in Argentina and immediately found this article:
Data obtained in new study highlights chilling growth in poverty levels – nearly 25 million people in urban areas nationwide are now considered to be poor.
www.batimes.com.ar
"Argentina's poverty line is defined as a monthly income that is less than the amount required to purchase a basic basket of consumer goods. The poverty line is:
Adult: Less than US\$292 per month
Family of two children: Less than US\$904 per month
An adult making less than US\$132 per month is considered to be in extreme poverty.
Argentina's poverty rate has been increasing in recent months:
In the first half of 2023, 52.9% of Argentines were below the poverty line. This is the highest level since the 2001 financial crisis.
In the second half of 2023, the poverty rate dropped to 41.7%.
In the first six months of President Javier Milei's term, the extreme poverty rate increased from 11.9% to 18.1%."
The figures in the article may not accurately apply now. My closest neighbors are a family with two children and the combined income of parents is nowhere near US\$900 per month. Fortunately, they don't pay rent. Emmanuel recently told me it costs $20,000 pesos per day to feed his family. They are paying five times more for electricity and nafta sine early 2024, and over ten times more for a 10kg garrafa of LP gas.
Meanwhile, since January, his monthly salary as a police officer at the naval base has only increased from $300.000 to $500.000 (mas o menos). His pareja works as well, but earns much less. They also make crafts to sell in the plaza and/or at the beach in Punta Alta.
www.argentina.gob.ar
