A lomo (fillet) or chorizo (sirloin) is going to set you back something like $4-5 even in a good parilla in Buenos Aires and a great bottle of wine can be had for c.$7.
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Please do not make a mistake between "chorizo" and "bife de chorizo" when ordering in Argentina. The meat is Bife de chorizo, while chorizo is like a pork sausage. Anyway you must try both!
cheers from Buenos Aires
Eduardo