Overview

• A family needed at least $1,952,541.95 in August to be classified as middle class in CABA, according to the city statistics institute.
• CABA inflation registered 1.6% month over month and 37.4% year over year in August, framing the updated income bands.
• IDECBA defines six categories for a four-person household: indigence (under $660,657.65), poverty ($660,657.66–$1,229,444.02), vulnerable ($1,229,444.03–$1,562,033.55), fragile middle ($1,562,033.56–$1,952,541.94), middle class ($1,952,541.95–$6,248,134.23) and affluent (above $6,248,134.24).
• Typical Q2 rents averaged $428,536 for a studio, $583,793 for a two-room and $870,943 for a three-room, lifting the non-poverty income need to about $1.85 million and the middle-class bar to above $2.8 million for renters.
• The middle-class share in the city has narrowed to roughly 45%, and the middle-class cutoff rose 1.4% from July and about 30% over the year.