Cost of living in Albania compared to Panama
Currency:
| Food | - 32% | |||
|---|---|---|---|---|
| Food in Albania is 32% cheaper than in Panama | ||||
| Albania | Panama | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 897 Lek (8 B/.) | 18 B/. | - 53% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 602 Lek (5.61 B/.) | 8 B/. | - 28% | |
| 500 gr (1 lb.) of boneless chicken breast | 399 Lek (3.72 B/.) | 3.95 B/. | - 6% | |
| 1 liter (1 qt.) of whole fat milk | 181 Lek (1.69 B/.) | 1.64 B/. | + 3% | |
| 12 eggs, large | 308 Lek (2.87 B/.) | 2.92 B/. | - 2% | |
| 1 kg (2 lb.) of tomatoes | 189 Lek (1.76 B/.) | 2.52 B/. | - 30% | |
| 500 gr (16 oz.) of local cheese | 619 Lek (5.77 B/.) | 8 B/. | - 29% | |
| 1 kg (2 lb.) of apples | 167 Lek (1.55 B/.) | 2.72 B/. | - 43% | |
| 1 kg (2 lb.) of potatoes | 138 Lek (1.29 B/.) | 2.06 B/. | - 37% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 111 Lek (1.03 B/.) | 1.37 B/. | - 25% | |
| 1 bottle of red table wine, good quality | 1,625 Lek (15 B/.) | 13 B/. | + 16% | |
| 2 liters of coca-cola | 175 Lek (1.63 B/.) | 2.52 B/. | - 35% | |
| Bread for 2 people for 1 day | 101 Lek (0.94 B/.) | 1.89 B/. | - 50% | |
| Housing | - 13% | |||
| Housing in Albania is 13% cheaper than in Panama | ||||
| Albania | Panama | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 95,943 Lek (894 B/.) | 1,424 B/. | - 37% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 46,061 Lek (429 B/.) | 830 B/. | - 48% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 16,618 Lek (155 B/.) | 114 B/. | + 36% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 68,495 Lek (638 B/.) | 937 B/. | - 32% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 49,156 Lek (458 B/.) | 863 B/. | - 47% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 25,430 Lek (237 B/.) | 92 B/. | + 157% | |
| Internet 8 mbps (1 month) | 5,960 Lek (56 B/.) | 43 B/. | + 29% | |
| 40” flat screen tv | 49,320 Lek (460 B/.) | 431 B/. | + 7% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 30,000 Lek (280 B/.) | 99 B/. | + 182% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,388 Lek (13 B/.) | 8 B/. | + 66% | |
| Hourly rate for cleaning help | 545 Lek (5.08 B/.) | 11 B/. | - 52% | |
| Clothes | + 14% | |||
| Clothes in Albania is 14% more expensive than in Panama | ||||
| Albania | Panama | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 4,435 Lek (41 B/.) | 43 B/. | - 4% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 3,919 Lek (37 B/.) | 29 B/. | + 24% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 8,354 Lek (78 B/.) | 79 B/. | - 2% | |
| 1 pair of men’s leather business shoes | 10,450 Lek (97 B/.) | 83 B/. | + 18% | |
| Transportation | - 39% | |||
| Transportation in Albania is 39% cheaper than in Panama | ||||
| Albania | Panama | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 994,106 Lek (9,266 B/.) | 22,953 B/. | - 60% | |
| 1 liter (1/4 gallon) of gas | 230 Lek (2.15 B/.) | 1.46 B/. | + 47% | |
| Monthly ticket public transport | 1,557 Lek (15 B/.) | 40 B/. | - 63% | |
| Personal Care | - 36% | |||
| Personal Care in Albania is 36% cheaper than in Panama | ||||
| Albania | Panama | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,200 Lek (11 B/.) | 11 B/. | + 1% | |
| 1 box of antibiotics (12 doses) | 1,000 Lek (9 B/.) | 29 B/. | - 67% | |
| Short visit to private doctor (15 minutes) | 3,108 Lek (29 B/.) | 47 B/. | - 38% | |
| 1 box of 32 tampons (tampax, ob, ...) | 949 Lek (9 B/.) | 7 B/. | + 28% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 366 Lek (3.41 B/.) | 4.44 B/. | - 23% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 534 Lek (4.98 B/.) | 7 B/. | - 24% | |
| 4 rolls of toilet paper | 262 Lek (2.44 B/.) | 3.61 B/. | - 32% | |
| Tube of toothpaste | 312 Lek (2.91 B/.) | 3.54 B/. | - 18% | |
| Standard men's haircut in expat area of the city | 729 Lek (7 B/.) | 15 B/. | - 55% | |
| Entertainment | - 24% | |||
| Entertainment in Albania is 24% cheaper than in Panama | ||||
| Albania | Panama | Diff | ||
| Basic dinner out for two in neighborhood pub | 3,000 Lek (28 B/.) | 28 B/. | - 1% | |
| 2 tickets to the movies | 1,769 Lek (16 B/.) | 12 B/. | + 32% | |
| 2 tickets to the theater (best available seats) | - | 34 B/. | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 4,547 Lek (42 B/.) | 57 B/. | - 26% | |
| 1 cocktail drink in downtown club | 1,159 Lek (11 B/.) | 11 B/. | - 1% | |
| Cappuccino in expat area of the city | 239 Lek (2.23 B/.) | 5.46 B/. | - 59% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 365 Lek (3.40 B/.) | 2.82 B/. | + 21% | |
| Ipad wi-fi 128gb | 75,000 Lek (699 B/.) | 632 B/. | + 11% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 25 Lek (0.23 B/.) | 0.50 B/. | - 53% | |
| 1 month of gym membership in business district | 3,661 Lek (34 B/.) | 46 B/. | - 25% | |
| 1 package of marlboro cigarettes | 342 Lek (3.19 B/.) | 5.70 B/. | - 44% | |
| TOTAL | - 27% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,100 prices entered by 125 different people.
These prices were last updated on March 15, 2023.
Exchange rate:
0.00932
PAB
/
ALL
Cost of living in Albania is 27% cheaper than in Panama
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