Cost to build a 'cheap' 60-square-meter house in Argentina reaches $64,200 in July 2026

The cost of constructing a modest 60-square-meter house in Argentina has become a significant consideration for many, with current estimates placing the price around $64,200 USD.

This figure is based on the Construction Cost Index (ICC) for the city of Buenos Aires, which reported the cost per square meter at approximately $1,070 USD in May, considering the blue-chip dollar exchange rate at the time. The ICC indicated a 2.3% increase in construction costs in pesos from the previous month, driven by a 1.6% rise in materials, a 3.5% increase in labor, and a 4.0% jump in general expenses.

However, developers suggest that the actual cost, when factoring in additional expenses such as taxes, professional fees, marketing, and developer profit margins, can push the total price for a 60-square-meter home to around $90,000 USD. This broader calculation reflects a more realistic market price for new constructions.

These rising costs are occurring amidst ongoing uncertainty in the construction sector. When compared to the resale market, the average price per square meter for used homes in Buenos Aires was around $1,828 USD in June, indicating that building new remains a substantial investment. The trend shows that constructing even a "cheap" house requires a significant financial outlay, influenced by persistent inflation in both material and labor costs.