San Salvador. Image by As of July 2024, El Salvador’s basic food basket cost per family is $264.92 for the urban sector and $180.34 for rural areas. The Salvadoran essential food basket cost in urban areas is about 31.9% more expensive than in the rural sector.
One of the principal worries Salvadorans have in 2024 is the high cost of living, which includes El Salvador’s basic food basket cost.
This essential food cost is set using a family of 3.73 members for urban and 4.26 for rural areas; it includes essential items such as bread, tortillas, rice, meats, eggs, milk, beans, fruits, and vegetables.
Salvadoran Basic Food Basket Cost in Urban Areas
The Salvadoran basic food basket in urban areas has increased from $255.39 in July 2023 to $264.92 in July 2024, an increment of $9.56 or 3.75% in one year.
Year-to-date, the basic food basket in urban areas is up by $7.86 or 3.06%; it has gone from $257.06 at the end of December 2023 to $264.92 at the end of July 2024.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change from previous month |
|
|---|---|---|---|---|---|---|---|
| January | 200.96 | 200.41 | 199.24 | 213.43 | 245.02 | 256.74 | -0.32 (-0.12%) |
| February | 200.58 | 199.24 | 200.41 | 215.45 | 249.70 | 256.82 | $0.08 (0.03%) |
| March | 200.19 | 198.90 | 201.31 | 220.95 | 249.09 | 254.79 | -2.03 (-0.79%) |
| April | 200.53 | 201.26 | 200.13 | 223.86 | 247.79 | 255.21 | 0.42 (0.16%) |
| May | 199.84 | 209.83 | 201.04 | 227.39 | 247.87 | 256.56 | 1.35 (0.53%) |
| June | 202.37 | 211.44 | 203.72 | 235.47 | 250.77 | 262.17 | 5.61 (2.19%) |
| July | 200.68 | 209.33 | 202.70 | 238.71 | 255.36 | 264.92 | 2.75 (1.05%) |
| August | 199.49 | 203.72 | 204.75 | 238.95 | 255.19 | ||
| September | 198.54 | 200.65 | 205.43 | 237.89 | 257.61 | ||
| October | 198.14 | 197.69 | 212.55 | 239.87 | 257.81 | ||
| November | 199.63 | 200.54 | 214.14 | 240.64 | 255.60 | ||
| December | 199.30 | 198.14 | 211.81 | 240.37 | 257.06 |
The food basket cost in the urban sector has increased by 30.91% since the Bukele administration began; it went from $202.37 in June 2019 to $264.92 in July 2024, an increment of $62.55.
Salvadoran Basic Food Basket Cost in Rural Areas
The rural sector is not immune to the increasingly high cost of living; however, its increase has not been as high as the urban sector. Additionally, the cost of the rural food basket is now declining.
The rural cost of the basic food basket has decreased from $193.98 in July 2023 to $180.34 in July 2024, a decrease of 7.03% or -$13.64 in one year.
Year-to-date, the basic food basket in rural regions is down $5.73 or -3.08%; it has gone from $186.08 at the end of December 2023 to $180.34 at the end of July 2024.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change from previous month |
|
|---|---|---|---|---|---|---|---|
| January | 144.91 | 145.40 | 141.68 | 157.13 | 185.26 | 185.12 | -0.96 (-0.52%) |
| February | 143.40 | 145.86 | 143.67 | 156.50 | 187.08 | 185.17 | $0.05 (0.03%) |
| March | 145.57 | 145.90 | 144.71 | 158.33 | 188.73 | 183.02 | -$2.15 (-1.16%) |
| April | 144.04 | 141.96 | 143.77 | 163.93 | 190.10 | 180.70 | -2.32 (-1.27%) |
| May | 145.78 | 146.96 | 145.09 | 163.36 | 188.84 | 179.08 | -1.62 (-0.90%) |
| June | 144.43 | 151.81 | 146.31 | 173.74 | 188.89 | 179.23 | 0.15 (0.08%) |
| July | 144.14 | 146.62 | 145.34 | 178.07 | 193.98 | 180.34 | 1.11 (0.62%) |
| August | 145.35 | 145.04 | 148.09 | 179.47 | 189.02 | ||
| September | 144.90 | 142.82 | 147.12 | 173.97 | 192.27 | ||
| October | 145.96 | 138.76 | 153.55 | 183.36 | 193.48 | ||
| November | 144.07 | 146.65 | 153.20 | 183.47 | 189.39 | ||
| December | 141.23 | 141.63 | 151.88 | 181.54 | 186.08 |
In rural areas, the food basket cost has increased by 24.86% since the Bukele administration started; it went from $144.43 in June 2019 to $180.34 in July 2024, an increment of $35.91.
SEE ALSO: Salvadoran Central Reserve Bank (BCR) Projected Economic Growth for 2024
With record lows in violence and homicides, Salvadorans are primarily worried about the country’s economy. Inflation is high, and essential food items are getting more expensive.
Add to the mix the low wages, and you will see why this is the primary concern for most Salvadorans, especially those living in poverty. Living in El Salvador is more expensive than before the COVID-19 pandemic.
