LA NACIÓN (Argentina)
BUENOS AIRES – From a consumer’s perspective, the Argentine capital can be the best of cities…or the worst, depending on what you’re in the market for.
A ticket on Buenos Aires’ Subte underground costs $0.50. That’s about a fifth of what the New York City subway charges. Cigarettes are cheap too: roughly $2 a pack. A 36-inch flat screen television, on the other hand, costs nearly $1,000 in Buenos Aires. The same TV goes for about $400 in the United States.
“Because of inflation, the delay in the exchange rate, subsidies and import tariffs, Buenos Aires has – at the same time – become the world’s most expensive and cheapest city,” La Nación reports.
Clothing and shoes are pricier in Buenos Aires than they are in the United States and Europe. A Polo brand leather jacket costs just shy of $2,500 in the Argentine capital, compared to $1,500 in the United States. Beef, on the other hand, is far cheaper in Buenos Aires. Top quality rib-eye steak can go for as little as $5 a pound – significantly less than it would cost even in neighboring Uruguay and Brazil.
Read the original story in Spanish