A typical family should have more than 320 thousand pesos to meet the expenses of the Basic Basket of Services. Since September 2022, the services suffered an increase of almost 80%.
A study by a consulting firm estimates that the electricity rate for the third month of the year will be around $7,776 after the removal of the subsidy. Regarding water, a typical family paid in September of last year $800 while that in March he will pay $3,900.
As for the gasassuming the family lives in a residential area, it will go from paying $3,500 to $7,342. On the other hand, a rental for four people will cost from $114,000 and if we add the expenses, you have to pay some 20 thousand pesos more.
Inflation through the roof: what happened to the purchasing power of retirees
Besidess, internet will cost about $5,100 while cable and streaming another $5,000 and the telephone around $4,900. Also, the cost of the private car will cost $25,258.
If we add family transport, contemplating a weekly taxi service, spend about $10,000 more. The college fee will also suffer an increase since it will go from $20,000 to $55,000.
Adding up all these expenses, a typical family needing almost $321,000 to cover the Basic Basket of Services in March 2023.
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