ARGENTINA

The Anker Living Wage Reference Value for 2020 for non-metropolitan urban areas of Argentina is ARS 38,741 (USD 515) per month with a 95% confidence around it from ARS 36,203 to ARS 47,482. This is the living wage required by workers in typical non-metropolitan urban areas of Argentina to be able to afford a basic but decent living standard. The Reference Value is comprised of a net living wage (i.e. take-home pay) of ARS 36,376 (USD 483) per month plus an estimated ARS 2,365 (USD 31) which would need to be paid by law as contribution to Social Security (14%) and health care employee contribution (3%) on the living wage. “A living wage is the remuneration received for a standard workweek by a worker in a particular place sufficient to afford a decent standard of living for the worker and her or his family. Elements of a decent standard of living include food, water, housing, education, health care, transportation, clothing, and other essential needs including provision for unexpected events.” (Global Living Wage Coalition).

The Anker Living Income Reference Value for 2020 for rural Argentina is ARS 50,023 (USD 664) per month with a 95% confidence interval around it from ARS 43,875 to ARS 57,032. This is the income required by rural families to be able to afford a basic but decent living standard in a typical rural area of Argentina. “Living Income is the net annual income required for a household in a particular place to afford a decent standard of living for all members of that household” (Living Income Community of Practice)