Cost of living in Albania compared to Panama
Currency:
Food | - 17% | |||
---|---|---|---|---|
Food in Albania is 17% cheaper than in Panama | ||||
Albania | Panama | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 825 Lek (9 B/.) | 13 B/. | - 35% | |
Combo meal in fast food restaurant (big mac meal or similar) | 651 Lek (7 B/.) | 7 B/. | - 6% | |
500 gr (1 lb.) of boneless chicken breast | 459 Lek (4.85 B/.) | 3.80 B/. | + 28% | |
1 liter (1 qt.) of whole fat milk | 188 Lek (1.98 B/.) | 1.73 B/. | + 15% | |
12 eggs, large | 345 Lek (3.64 B/.) | 3.37 B/. | + 8% | |
1 kg (2 lb.) of tomatoes | 151 Lek (1.59 B/.) | 2.48 B/. | - 36% | |
500 gr (16 oz.) of local cheese | 570 Lek (6 B/.) | 6 B/. | - 2% | |
1 kg (2 lb.) of apples | 129 Lek (1.36 B/.) | 2.66 B/. | - 49% | |
1 kg (2 lb.) of potatoes | 100 Lek (1.06 B/.) | 2.34 B/. | - 55% | |
0.5 l (16 oz) domestic beer in the supermarket | 97 Lek (1.02 B/.) | 0.95 B/. | + 8% | |
1 bottle of red table wine, good quality | 1,054 Lek (11 B/.) | 11 B/. | + 1% | |
2 liters of coca-cola | 185 Lek (1.95 B/.) | 2.56 B/. | - 24% | |
Bread for 2 people for 1 day | 70 Lek (0.74 B/.) | 1.27 B/. | - 42% | |
Housing | + 24% | |||
Housing in Albania is 24% more expensive than in Panama | ||||
Albania | Panama | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 91,804 Lek (969 B/.) | 1,244 B/. | - 22% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 44,173 Lek (466 B/.) | 790 B/. | - 41% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 13,504 Lek (143 B/.) | 115 B/. | + 24% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 55,304 Lek (584 B/.) | 755 B/. | - 23% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 174,064 Lek (1,837 B/.) | 507 B/. | + 262% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 11,498 Lek (121 B/.) | 98 B/. | + 24% | |
Internet 8 mbps (1 month) | 5,611 Lek (59 B/.) | 36 B/. | + 65% | |
40” flat screen tv | 29,173 Lek (308 B/.) | 308 B/. | + 0% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 21,880 Lek (231 B/.) | 98 B/. | + 136% | |
Laundry detergent (3 l. ~ 100 oz.) | 1,296 Lek (14 B/.) | 7 B/. | + 85% | |
Hourly rate for cleaning help | 959 Lek (10 B/.) | 10 B/. | - 1% | |
Clothes | + 11% | |||
Clothes in Albania is 11% more expensive than in Panama | ||||
Albania | Panama | Diff | ||
1 pair of jeans (levis 501 or similar) | 3,917 Lek (41 B/.) | 49 B/. | - 16% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 3,564 Lek (38 B/.) | 33 B/. | + 12% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 8,669 Lek (91 B/.) | 87 B/. | + 5% | |
1 pair of men’s leather business shoes | 12,963 Lek (137 B/.) | 79 B/. | + 72% | |
Transportation | - 15% | |||
Transportation in Albania is 15% cheaper than in Panama | ||||
Albania | Panama | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 994,106 Lek (10,491 B/.) | 22,809 B/. | - 54% | |
1 liter (1/4 gallon) of gas | 188 Lek (1.99 B/.) | 1.08 B/. | + 84% | |
Monthly ticket public transport | 1,551 Lek (16 B/.) | 25 B/. | - 35% | |
Personal Care | - 33% | |||
Personal Care in Albania is 33% cheaper than in Panama | ||||
Albania | Panama | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 200 Lek (2.11 B/.) | 8 B/. | - 75% | |
1 box of antibiotics (12 doses) | 500 Lek (5.28 B/.) | 17 B/. | - 69% | |
Short visit to private doctor (15 minutes) | 2,500 Lek (26 B/.) | 29 B/. | - 10% | |
1 box of 32 tampons (tampax, ob, ...) | 250 Lek (2.64 B/.) | 5.50 B/. | - 52% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 375 Lek (3.96 B/.) | 3.21 B/. | + 23% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 300 Lek (3.17 B/.) | 7 B/. | - 53% | |
4 rolls of toilet paper | 300 Lek (3.17 B/.) | 2.68 B/. | + 18% | |
Tube of toothpaste | 250 Lek (2.64 B/.) | 2.72 B/. | - 3% | |
Standard men's haircut in expat area of the city | 500 Lek (5.28 B/.) | 15 B/. | - 66% | |
Entertainment | - 16% | |||
Entertainment in Albania is 16% cheaper than in Panama | ||||
Albania | Panama | Diff | ||
Basic dinner out for two in neighborhood pub | 2,000 Lek (21 B/.) | 34 B/. | - 38% | |
2 tickets to the movies | 1,600 Lek (17 B/.) | 12 B/. | + 39% | |
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 | 3,000 Lek (32 B/.) | 58 B/. | - 45% | |
1 cocktail drink in downtown club | 926 Lek (10 B/.) | 10 B/. | - 2% | |
Cappuccino in expat area of the city | 200 Lek (2.11 B/.) | 4.92 B/. | - 57% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 308 Lek (3.26 B/.) | 2.83 B/. | + 15% | |
Ipad wi-fi 128gb | 75,000 Lek (791 B/.) | 663 B/. | + 19% | |
1 min. of prepaid mobile tariff (no discounts or plans) | - | 0.29 B/. | - | |
1 month of gym membership in business district | 3,000 Lek (32 B/.) | 49 B/. | - 35% | |
1 package of marlboro cigarettes | 323 Lek (3.40 B/.) | 5.65 B/. | - 40% | |
TOTAL | - 6% |
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 614 prices entered by 88 different people.
These prices were last updated on March 16, 2024.
Exchange rate:
0.01055
PAB
/
ALL
Cost of living in Albania is 6% cheaper than in Panama
Other Country Comparisons
- Cost of living in Armenia is about the same as in Panama
- Cost of living in Austria is 39% more expensive than in Panama
- Cost of living in Anguilla is 126% more expensive than in Panama
- Cost of living in American Samoa is in Panama
- Cost of living in Andorra is 35% more expensive than in Panama
- Cost of living in Antigua and Barbuda is 39% more expensive than in Panama
- Cost of living in Angola is 33% more expensive than in Panama
- Cost of living in Netherlands Antilles is 59% more expensive than in Panama