Cost of living in Albania compared to Panama
Currency:
| Food | - 20% | |||
|---|---|---|---|---|
| Food in Albania is 20% cheaper than in Panama | ||||
| Albania | Panama | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 932 Lek (10 B/.) | 14 B/. | - 30% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 608 Lek (7 B/.) | 8 B/. | - 16% | |
| 500 gr (1 lb.) of boneless chicken breast | 471 Lek (5.06 B/.) | 3.71 B/. | + 36% | |
| 1 liter (1 qt.) of whole fat milk | 186 Lek (2.00 B/.) | 2.12 B/. | - 6% | |
| 12 eggs, large | 298 Lek (3.20 B/.) | 3.17 B/. | + 1% | |
| 1 kg (2 lb.) of tomatoes | 128 Lek (1.37 B/.) | 2.51 B/. | - 45% | |
| 500 gr (16 oz.) of local cheese | 458 Lek (4.93 B/.) | 7 B/. | - 29% | |
| 1 kg (2 lb.) of apples | 151 Lek (1.63 B/.) | 2.92 B/. | - 44% | |
| 1 kg (2 lb.) of potatoes | 104 Lek (1.12 B/.) | 2.14 B/. | - 48% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 98 Lek (1.05 B/.) | 1.29 B/. | - 18% | |
| 1 bottle of red table wine, good quality | 1,256 Lek (14 B/.) | 13 B/. | + 1% | |
| 2 liters of coca-cola | 184 Lek (1.98 B/.) | 2.55 B/. | - 22% | |
| Bread for 2 people for 1 day | 91 Lek (0.98 B/.) | 1.70 B/. | - 42% | |
| Housing | + 20% | |||
| Housing in Albania is 20% more expensive than in Panama | ||||
| Albania | Panama | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 87,956 Lek (947 B/.) | 1,450 B/. | - 35% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 52,797 Lek (568 B/.) | 852 B/. | - 33% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 22,203 Lek (239 B/.) | 147 B/. | + 63% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 58,016 Lek (624 B/.) | 939 B/. | - 33% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 222,231 Lek (2,392 B/.) | 939 B/. | + 155% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 20,081 Lek (216 B/.) | 89 B/. | + 143% | |
| Internet 8 mbps (1 month) | 4,527 Lek (49 B/.) | 43 B/. | + 14% | |
| 40” flat screen tv | 40,000 Lek (430 B/.) | 346 B/. | + 24% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 30,000 Lek (323 B/.) | 98 B/. | + 231% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,216 Lek (13 B/.) | 7 B/. | + 77% | |
| Hourly rate for cleaning help | 1,059 Lek (11 B/.) | 4.70 B/. | + 143% | |
| Clothes | + 24% | |||
| Clothes in Albania is 24% more expensive than in Panama | ||||
| Albania | Panama | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 3,779 Lek (41 B/.) | 49 B/. | - 17% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 4,266 Lek (46 B/.) | 33 B/. | + 37% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 8,939 Lek (96 B/.) | 87 B/. | + 11% | |
| 1 pair of men’s leather business shoes | 13,207 Lek (142 B/.) | 79 B/. | + 79% | |
| Transportation | - 19% | |||
| Transportation in Albania is 19% cheaper than in Panama | ||||
| Albania | Panama | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 994,106 Lek (10,698 B/.) | 20,405 B/. | - 48% | |
| 1 liter (1/4 gallon) of gas | 208 Lek (2.24 B/.) | 1.35 B/. | + 66% | |
| Monthly ticket public transport | 1,552 Lek (17 B/.) | 31 B/. | - 47% | |
| Personal Care | - 3% | |||
| Personal Care in Albania is about the same as in Panama | ||||
| Albania | Panama | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,200 Lek (13 B/.) | 7 B/. | + 74% | |
| 1 box of antibiotics (12 doses) | 1,000 Lek (11 B/.) | 17 B/. | - 37% | |
| Short visit to private doctor (15 minutes) | 3,108 Lek (33 B/.) | 28 B/. | + 18% | |
| 1 box of 32 tampons (tampax, ob, ...) | 949 Lek (10 B/.) | 5.50 B/. | + 86% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 366 Lek (3.94 B/.) | 3.42 B/. | + 15% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 534 Lek (5.75 B/.) | 7 B/. | - 18% | |
| 4 rolls of toilet paper | 262 Lek (2.82 B/.) | 3.52 B/. | - 20% | |
| Tube of toothpaste | 312 Lek (3.35 B/.) | 3.31 B/. | + 1% | |
| Standard men's haircut in expat area of the city | 729 Lek (8 B/.) | 15 B/. | - 49% | |
| Entertainment | - 2% | |||
| Entertainment in Albania is about the same as in Panama | ||||
| Albania | Panama | Diff | ||
| Basic dinner out for two in neighborhood pub | 3,000 Lek (32 B/.) | 34 B/. | - 5% | |
| 2 tickets to the movies | 1,769 Lek (19 B/.) | 13 B/. | + 48% | |
| 2 tickets to the theater (best available seats) | - | 36 B/. | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 4,547 Lek (49 B/.) | 58 B/. | - 15% | |
| 1 cocktail drink in downtown club | 1,322 Lek (14 B/.) | 10 B/. | + 43% | |
| Cappuccino in expat area of the city | 239 Lek (2.57 B/.) | 5.48 B/. | - 53% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 397 Lek (4.27 B/.) | 2.83 B/. | + 51% | |
| Ipad wi-fi 128gb | 75,000 Lek (807 B/.) | 663 B/. | + 22% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 25 Lek (0.27 B/.) | 0.29 B/. | - 6% | |
| 1 month of gym membership in business district | 3,661 Lek (39 B/.) | 49 B/. | - 19% | |
| 1 package of marlboro cigarettes | 325 Lek (3.50 B/.) | 5.65 B/. | - 38% | |
| TOTAL | - 3% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 797 prices entered by 96 different people.
These prices were last updated on November 26, 2023.
Exchange rate:
0.01076
PAB
/
ALL
Cost of living in Albania is about the same as in Panama
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