Average Salary in Argentina
If you are considering hiring a remote worker in Argentina, you should be familiar with the average salary in the country. Wage information will help you prepare an offer. This article will provide information giving you all you need to know.
The average salary in Argentina is 473,924 Argentine pesos per month, which translates to around $474.76 USD. The low wage is mainly due to the low cost of living, which is generally 50% to 60% lower than in America.
However, salary rates vary depending on location, experience, education, and the position you are hiring for. Read on to learn all about hiring in Argentina so you can prepare to enter the market.
What is the Average Salary in Argentina?
The average monthly income in Argentina is 473,924 pesos pesos. To calculate the average, divide the country’s salaries by the number of workers.
The average salary in Argentina gives a good idea of workers’ earnings. However, the median salary and salary range provide more insight.
Median Income Argentina
The median salary can also be considered the ‘middle salary.’ Median income Argentina is 370,000 ARS per month. That means that 50% of the population earns a higher salary than 370,000 ARS, and the other 50% earn lower salaries.
Salary Range
The salary range spans the country’s lowest to the highest salaries in Argentina. Low-paid positions pay close to 272,000 ARS, while higher-paid positions can pay up to 7,779,727 ARS.
Salary Comparison by Profession
This industry salary comparison chart covers some of the country’s highest—and lowest-paying jobs, giving you an idea of what different professions earn.
| Profession | Salary (ARS) |
|---|---|
| Electrical Engineer | 9,938,104 |
| Human Resource Manager | 5,791,119 |
| IT Project Manager | 4,178,402 |
| Civil Engineer | 3,581,487 |
| SEO Specialist | 3,497,710 |
| Graphic Designer | 1,979,243 |
| Retail Worker | 450,200 |
| Data Entry Worker | 450,200 |
| Customer Service Rep | 400,000 |
| Agricultural Worker | 320,616 |
Average Wage in Argentina by Education
Education plays a significant role in how much workers in Argentina earn. Here are some wages comparison factors to consider.
| Education Level | Estimated Salary Increase |
|---|---|
| Associate Degree | 17% more than high school graduates |
| Bachelor’s Degree | 24% more than high school graduates |
| Master’s Degree | 29% more than Bachelor’s degree holders |
| Ph.D | 23% more than Master’s degree holders |
Salary Comparison by Experience
Experienced workers in Argentina make more than entry-level workers. These statistics reveal how much more experienced workers earn.
| Experience Level | Estimated Salary Increase |
|---|---|
| 2–5 years | 32% more than entry-level workers |
| 5+ years | 36% more than 2–5 year experienced workers |
| 10+ years | 21% more than 5–9 year experienced workers |
| 15+ years | 14% increment raise over prior level |
Salary Comparison by Location
Location can also affect salaries. Workers in urban areas earn more than rural workers due to a higher cost of living. They are also closer to high-paying companies.
This chart reveals discrepancies in salaries based on location.
| City | Average Annual Salary (ARS) |
|---|---|
| Mendoza | 7,581,863 |
| Buenos Aires | 4,126,041 |
| Cordoba | 3,434,877 |
| Rosario | 2,775,129 |
| Santa Fe | 272,000 |
How Much is Minimum Wage in Argentina?
The minimum wage is the lowest amount an employer can legally pay an employee. In Argentina, the minimum wage recently increased to 272,000 ARS (the Argentina minimum wage in USD is $261) per year. Before that, the minimum wage was 268,056 (approx. $258).
The National Council for Employment determines the adjustment based on employment, productivity, and the cost of living.
Average Salary in Argentina vs. the Rest of the World
Comparing Argentinian salaries to wages in other countries will provide more insight into what is considered a high yearly salary. These sections will compare Argentina’s salaries to wages earned in developed, developing, and undeveloped countries.
Argentina vs. Developed Countries
| Country | Average Salary | Comparison to Average Argentina Salary |
|---|---|---|
| United Kingdom | 3000 euros (approx. $3116) | 583% |
| United States | $5677 | 1144% |
| Norway | 50,790 kroner (approx. $4700) | 920% |
| Germany | 4300 euros (approx. $4467) | 879% |
| Austria | 3500 euros (approx. $3636) | 679% |
Argentina vs. Developing Countries
| Country | Average Monthly Salary | Comparison to Argentina’s Average Salary |
|---|---|---|
| Romania | 4000 RON (approx. $835) | 83% |
| Russia | 73,709 Rubles (approx. $700) | 53% |
| Albania | 1500 Euros (approx. $1550) | 239% |
| Kazakhstan | 342,082 Tenge (approx. $645) | 41% |
| Ukraine | 18,000 hryvnia (approx. $500) | 9% |
Argentina vs. Undeveloped Countries
| Country | Average Monthly Salary | Comparison to Argentina’s Average Salary |
|---|---|---|
| Thailand | 97,500 Baht (approx. $2772) | 507% |
| Philippines | 18,423 PHP (approx. $875) | 91% |
| Vietnam | 8.5 million dong (approx. $360) | – 21% |
| Egypt | 13,244 EGP (approx. $263 | – 42% |
| Pakistan | 45,000 PKR (approx. $150) | – 67% |
Argentina is considered a developing country but still ranks below all other countries in salary comparison. Its economy has been historically volatile, with periods of prosperity followed by deep recessions. As a result, it has been unable to achieve fully developed status.
Despite its developing status, residents have a high Human Development Index. The work economy is mainly service-dominant, with manufacturing and agriculture comprising most of the market. Although the labor market is resilient, unemployment has been increasing recently.
What are the Most Common Outsourced Industries in Argentina?
Employers considering Argentina as an outsourcing destination may consider hiring in the following sectors.
Tech Workers
Argentina boasts a large pool of skilled data analysts and software developers. It is also home to several startups, and Buenos Aires is often called the Silicon Valley of South America.
Employers in countries with a high cost of living can find skilled tech employees for a fraction of what they would pay local workers. Junior developers typically make around 29,044,316 pesos (approx. $28,000), while senior developers can make 47,715,662 (approx. $46,000) or more. Meanwhile, in the U.S., tech positions typically start at around $33,979 per year, with senior developers often making over $100,000.
Data Entry
Argentina is home to several bilingual workers with technology experience. These employees are ideal for data entry positions.
Data entry specialists in Argentina typically make between 46,678 and 881,702 pesos per month, which translates to around $450 to $850. In contrast, data entry workers in America make closer to $3,200, giving employees plenty of bargaining power.
Customer Service Reps
Bilingual and tech skills also mean Argentinian workers are ideal for customer service positions. Reps in the country typically make 272,000 pesos (approx. $262) per month. Their United States counterparts earn closer to $3300.
Conclusion
Argentina’s developing status means workers face low wages and unemployment. However, many workers have tech skills and are bilingual. The country is also relatively close to the Eastern U.S., offering a time zone advantage, and its Westernized culture leads to smoother collaborations.
These benefits make Argentina an ideal outsourcing destination. Hiring workers in the country is a win-win for any organization.
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