Formosa, Argentina
Formosa province's capital on the Paraguay River, with a subtropical climate and rich indigenous culture.
Below Average vs Argentina Avg (100)
Affordable
Household income
Job market health
Formosa vs Argentina Average
Taxes
- State Income Tax: 35.0%
- Sales Tax: 21.0%
Economy & Jobs
- Median Income: AR$750,000
- Unemployment: 12.0%
- Population: 265,471
Climate
- Sunny Days: 250/year
- Summer High: 90°F
- Winter Low: 50°F
- Farming Zone: USDA Zone 6b
Housing
- Median Home: AR$20,000,000
- 1BR Rent: AR$75000/mo
Cost of Living
Formosa's cost of living index is 60 (Argentina average = 100).
| Category | Formosa | National Average | Difference |
|---|---|---|---|
| Overall | 60 | 100 | -40.0% |
| Housing | 56 | 100 | -44.0% |
Data source: INDEC, Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | AR$20,000,000 |
| Median Rent (1BR) | AR$75000/mo |
| Median Rent (2BR) | AR$93,750/mo |
| Price per Sq Ft | AR$13,333 |
Data source: Zonaprop, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Formosa:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | AR$60 | |
| Heating & Cooling | AR$1 | Estimated based on local climate. |
| Cooling (AC) | AR$5 | Estimated based on local climate and electricity rates |
| Water | AR$25 | Includes sewer |
| Internet (100+ Mbps) | AR$30 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | AR$121 | Monthly estimate (including heating & cooling) |
Data sources: ENRE, AYSA, ENACOM 2025
Remote Work Score
Formosa scores —/100 for remote work readiness:
Climate
Formosa has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 70°F | 50°F | 2.5" |
| April | 75°F | 65°F | 2.8" |
| July | 90°F | 65°F | 1.5" |
| October | 70°F | 68°F | 2.2" |
Cool to mild — apples, pears, berries, many vegetables
Natural Hazards
Formosa faces the following natural hazards:
Patagonia and central regions with wildfires.
Central and western Argentina experience droughts.
Extreme summer heat in northern and central regions.
Andean region with frequent avalanches.
River and flash floods.
Andean foothills with landslides.
Central Argentina experiences tornadoes.
Patagonia and southern Argentina experience winter storms.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 35%
- Sales Tax: 21%
- Property Tax: ~0.5% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 12.0%.
Crime & Safety
Crime rates in Formosa per 100,000 residents:
City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.
Data source: UN Office on Drugs and Crime
Schools & Education
Academic Schedule
Long summer break during the hottest months (Dec-Mar). Winter break in July.
Universities & Higher Education
Data source: Center for World University Rankings (CWUR) & World Universities Database
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Formosa, Argentina?
The cost of living index in Formosa is 60, which is Lower the Argentina national average of 100.
How much does it cost to buy a home in Formosa?
The median home price in Formosa is AR$20,000,000. The housing index is 56.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Formosa is approximately AR$75000/mo.
Does Formosa, FSA have income tax?
Formosa is in FSA, which has an income tax rate of 35%.
What is the climate like in Formosa?
Formosa enjoys approximately 250 sunny days per year. Summer highs reach around 90°F, while winter lows can drop to around 50°F.
Data Sources
- Cost of Living: INDEC, Numbeo, 2026
- Housing Data: Zonaprop, 2026
- Income & Employment: INDEC Encuesta Permanente de Hogares, 2024
- Utilities ENRE, AYSA, ENACOM 2025
Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.