Formosa, 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
- Income Tax: 35.0%
- VAT: 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
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$7000 | Based on ~300 kWh/month typical Argentine household usage |
| Heating & Cooling | AR$1 | Estimated based on local climate. electric or gas heating |
| Cooling (AC) | AR$5 | Estimated based on local climate and electricity rates |
| Water | AR$2500 | Includes sewer |
| Internet (100+ Mbps) | AR$4000 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | AR$13506 | Monthly estimate (including heating & cooling) |
Data sources: ENRE, AYSA, ENACOM 2025
Best Neighborhoods
Downtown Formosa
The heart of the city with restaurants, shops, and entertainment. Average rent: AR$90,000/mo.
Formosa Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: AR$82,500/mo.
East Formosa
Up-and-coming neighborhood with new developments and young professionals. Average rent: AR$67,500/mo.
West Formosa
Family-friendly area with parks and good schools. Average rent: AR$71,250/mo.
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" |
Taxes
- Income Tax: 35%
- VAT: 21%
- Property Tax: ~0.2% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 12.0%.
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, 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: July 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.