According to a report from the Buenos Aires Statistics and Census Institute (IDECBA), a typical family needed over 2 million pesos to be considered middle class during November. Specifically, a family consisting of a woman and a man, both 35 years old, economically active, and homeowners, with two sons aged 9 and 6, required $2,076,905. As for the poverty line, a typical family needed more than $1,308,061 in the last month of the year not to fall below that threshold, an increase of 2.3% compared to October. This data corresponds to the Basic Food Basket (CBA), which the Institute develops. This demonstrates the high cost of living in the city compared to the rest of the country. Regarding indigence, corresponding to the Total Basic Basket (CBT), the measurement stood at $703,325. The City of Buenos Aires Consumption Baskets System, designed in 2008 by IDECBA, measures the ability of city households to access a set of goods and services compatible with the living standard of the city's population. Since 2011, the baskets in the system have been valued using the prices of Buenos Aires City, and results are published monthly. City inflation data rose to 2.4% in November and accumulated an increase of 28.3% so far this year, mainly due to rises in the divisions of Housing, water, electricity, gas and other fuels; Food and non-alcoholic beverages; Transport; Restaurants and hotels; Recreation and culture. Together, they explained 70.4% of the increase in the General Level. Different social strata According to what Argentine News Agency learned, the city's institute divides the population into six social strata: Households in a state of indigence: total monthly income does not cover the CBA (less than $703,325). Households in a state of poverty but not indigence: total monthly income does not cover the CBT (less than $1,308,061) but does cover the CBA. Non-poor vulnerable households: total monthly income reaches the CBT but does not cover the Total Basket (CT), valued at $1,661,524. Fragile middle-class sector households: total monthly income is between $1,661,524 and $2,076,905. Middle-class 'middle class' sector households: total monthly income is between $2,076,905 and $6,646,096. Well-off households: total monthly income exceeds $6,646,096. City data is above the national level. The basket was above inflation: how much a family needed not to be poor. Taking the CBA and CBT data from the National Institute of Statistics and Censuses (INDEC), the indicators published by IDECBA were above the general average. In November, the CBA was at $566,364 and the CBT at $1,257,329 for a typical four-member family.
