After living here for over two years, we’ve decided to leave in a few months and return to our home country.
Living off foreign currency income, we’ve had to monitor exchange rates daily to know when to convert to pesos. The constant fluctuations in the exchange rate have left us feeling exhausted. Months of inflation and a weakening dollar have reduced our purchasing power by 30-40%. While I used to enjoy shopping on supermarket discount days, now I rely on them out of necessity.
Over the ten month period, from January through October of 2024, the "purchasing power" of the dollars I spent for all of my living expenses (including food, all utilities, fuel (LP gas and nafta) bottled water, home and auto insurance, wifi, Netflix, bank and credit card fees, driver's licence renewal and related medical exams, and car inspection fees) excluding rent, actually decreased by 100%.
It would be interesting to know if the calculations for the 3o%-40% reduction of your purchasing power includes rent. That's the biggest thing I can think of that could explain why the decrease in the percentage purchasing power of your foreign income has been so much less than mine, even though I am assuming you aren't buying nafta or paying for car and home insurance and, if you are paying rent, ir may have increased by a lower percentage than other goods and services.
Although Argentina boasts stunning landscapes, it is no longer a country offering great value for money (except for healthcare services — we plan to do a body check-up and dental work before leaving).
Using the words "great value for the money" implies that you are actually paying for these services. You have the right to spend your income however you choose and you should not be shamed for it. No one deserves to be criticized for paying the current "market price" for dental work or medical exams in Argentina any more than they deserve to be criticized for paying for a meal in a restaurant, even it is "cheaper" in Argentina than other countries.
It’s not that we’re struggling to live or can’t afford things, but the same items cost half as much in my home country and are of better quality. We simply want to save money and prefer not to spend it in Argentina.
That's a choice as a foriegner with foriegn income that you have the good fortune to make, and you have the right to make it. Since this forum was launched in 2005, many others have made the same decision and left Argentina for the same reason.
PS Exactly one year ago, the cost of the lab tests required to renew my driver's licence was $14.000 pesos at a private lab in Punta Alta. Now the cost at the same lab for exactly the same tests is $70.000. It would be interesting to know what the cost of the same lab tests are in the USA now, but I really don't care. I will never leave Argentina.