Well, I finally did it and came down. Thus far, I must admit I am seriously loving it and wondered why the hell I stayed in Madrid (where I am originally from) for so long, and why I even bothered with making an attempt this January at living in over-priced, job-forsaken Chicago (where I studied, as I also hold US citizenship)
A few observations:
Why are ex-pat's hating on that it takes sooo much money to live here? I am living in Recoleta, in a nice shared flat and my rent is expensive by Argentine standards since I am charged in dollars(more on that later) but just about everything else seems pretty inexpensive to me from both a €uro and a USD perspective:
Dining out: I had a steak dinner for 2 at a very posh restaurant in Puerto Madero complete with a nice bottle of wine for the equivalent of about $70 USD. Back in the States, any ex-pat knows this will barely pay for 1 Ruth's Chris steak. Among other bargains, Benihana's daily lunch menu is 50 pesos complete with salad, soup, entree, drink, and dessert. I have never seen Benihana's so cheap anywhere in the world. Dining out definitely seems to be cheap, and to be honest I have yet to cook in the 2 weeks I have been here.
Going Out: Pretty comparable to the States or Europe, however I am told that this is because most bars/clubs target a wide international crowd and that this is why their prices reflect this, still though you definitely get a farrrrrrr farrrrrr more liberal pour on your drink than you would in the States on alcohol. Also, the bartenders here and PR people are a dime a dozen at handing out ¨free passes¨ or ¨free drink¨ invitations.
Clothing: While I have only window shopped, I find that MOST clothing and shoes, which are of non designer label, but still of high haberdashery ¨Brooks Brothers¨type quality, are a great value. There is a shop in Santa Fe in Recoleta that has nice, quality mens blazers for about 140 pesos and made in argentina dress leather footwear for around 200 pesos. I found this remarkable, really. However, yes, designer, import-label clothes are ridiculously expensive here.
Esthetics: A poshy poshy Vidal Sassoon like hair salon in Recoleta wanted 55 pesos to cut my hair. And, this is supposedly one of the top top places. I cant remember ever paying this except for maybe Great Clips in the USA. Hell, even the Spa at many top hotels like the Four Seasons here is quite cheap.
Groceries: Did them for the first time today in 2 weeks. Fresh food is very cheap. Frozen food was quite expensive (IE: frozen pizzas) at the Carrefour I went to. Anything imported which I could get in Europe as a daily staple is crazy expensive (Pelligrino sparkling water 42 pesos as opposed to 1,49 euro in Madrid)
Electronics: An insult! My charger to my MacBook Air blew out the first week and the ¨authorized Mac store¨ (there are many here) wanted 900 pesos for the standard Mac charger. Armed robbery!!! As god as my witness i will never buy electronics here! LOL
All this being said, the reason I am prob still in reverse culture shock is because yes, I am doing the math in dollars and euros, and yes, it would probably be different if I were earning in Argentine pesos, however most of my Argentine friends in their mid 20's early 30's are earning about 3,500-5,000 pesos and are also doing quite well, living alone or in shared flats, so who knows?
A friend of mine who is argentine but studied with me in USA told me that with about 10.000 pesos a month in income, a single person or even a couple with no kids could definitely live an upper middle class life here (2000 euros or about 2800 $) provided that all of your expenses are in pesos, and you dont waste any money unneccessarily on ridiculously priced items (IE: buying Iphones at argentine prices, imported designer clothes, etc)
Right now my mind is trying to be as argie as possible. I am paying about $600 USD for a room in a nice shared flat in Recoleta, all my Argentine friends think I am being shafted due to the fact that I am being treated like a foreigner. I am in the process of obtaining the visa rentista, but have no means of obtaining a garantia at the moment. Any way around this? Paying someone? LOL Please let me know, also please feel free to comment and contrast my observations.