Cost of living comparison

Iceland

compared to

Albania

Albania vs. Iceland Cost of Living Summary

Albania is 52.4% cheaper than Iceland overall.

Restaurants: pay 58.9% less in Albania
Groceries: pay 48.7% less in Albania
Transportation: pay 26.2% less in Albania
Housing: pay 61.5% less in Albania
Childcare: pay 67.3% less in Albania
Entertainment and Sports: pay 59.9% less in Albania
Clothing: pay 44.5% less in Albania

Expenses including childcare, housing, entertainment and sports, restaurants, groceries, and clothing are lower in Albania.

Planning a move to Albania? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes →

Albania vs. Iceland Cost Breakdown

If you lived in Albania instead of Iceland, you would:

Display currency: USD

pay 58.9% less for restaurants

	Iceland	Albania
Basic meal with drink at inexpensive restaurant	$26.52 ISK3,219	$9.59 ALL764	-63.9%
Fast food combo meal McDonalds, or similar	$21.32 ISK2,588	$8.67 ALL691	-59.3%
Bottle of Coca-Cola (11 fl. oz)	$3.11 ISK378	$1.77 ALL141	-43.1%
Bottle of water (11 fl. oz)	$2.72 ISK330	$0.83 ALL66	-69.4%
Average			-58.9%

Iceland vs. Albania - Cost of restaurants

Improve prices · Change currency (USD)

pay 48.7% less for groceries

	Iceland	Albania
Bread 1 loaf	$3.80 ISK462	$1.03 ALL82	-73.0%
Local cheese (8 oz)	$9.44 ISK1,146	$5.40 ALL431	-42.8%
Milk (1 gallon)	$7.78 ISK944	$7.89 ALL629	+1.4%
Eggs 1 dozen	$6.71 ISK814	$3.20 ALL255	-52.2%
Boneless chicken breast (1 lb)	$11.22 ISK1,362	$3.26 ALL260	-70.9%
Apples (1 lb)	$1.50 ISK182	$0.65 ALL52	-56.7%
Bananas (1 lb)	$1.15 ISK139	$1.13 ALL90	-1.2%
Oranges (1 lb)	$1.41 ISK172	$0.74 ALL59	-47.7%
Tomatoes (1 lb)	$2.34 ISK284	$0.66 ALL53	-71.7%
Potatoes (1 lb)	$1.65 ISK200	$0.51 ALL40	-69.2%
Onions (1 lb)	$1.09 ISK133	$0.53 ALL42	-51.9%
Average			-48.7%

Iceland vs. Albania - Cost of groceries

Improve prices · Change currency (USD)

pay 26.2% less for transportation

	Iceland	Albania
Gasoline (1 gallon)	$9.65 ISK1,172	$8.27 ALL659	-14.4%
Monthly public transit pass	$79.56 ISK9,658	$19.40 ALL1,546	-75.6%
New Volkswagen Golf 1.4 (standard edition)	$49,144.25 ISK6M	$31,384.43 ALL3M	-36.1%
Taxi trip in downtown area (5 miles)	$25.55 ISK3,102	$30.95 ALL2,466	+21.1%
Average			-26.2%

Iceland vs. Albania - Cost of transportation

Improve prices · Change currency (USD)

pay 61.5% less for housing

	Iceland	Albania
Internet connection 50 mbps or faster, cable/dsl	$95.65 ISK11,611	$16.59 ALL1,322	-82.7%
1-Bedroom apartment in downtown area	$2,289.17 ISK278K	$521.48 ALL41,555	-77.2%
1-Bedroom apartment outside city center	$1,830.04 ISK222K	$357.61 ALL28,496	-80.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$65.15 ISK7,908	$61.56 ALL4,905	-5.5%
Average			-61.5%

Iceland vs. Albania - Cost of housing

Improve prices · Change currency (USD)

pay 67.3% less for childcare

	Iceland	Albania
Private preschool for 1 child, monthly	$334.67 ISK40,625	$175.46 ALL13,982	-47.6%
Middle school for 1 child, two semesters	$30,711.08 ISK4M	$3,951.26 ALL315K	-87.1%
Average			-67.3%

Iceland vs. Albania - Cost of childcare

Improve prices · Change currency (USD)

pay 59.9% less for entertainment and sports

	Iceland	Albania
Domestic/local beer (1 pint)	$11.14 ISK1,352	$2.46 ALL196	-77.9%
Cappuccino in mid-range area	$5.62 ISK683	$1.95 ALL155	-65.4%
Pack of cigarettes Marlboro or similar	$13.90 ISK1,687	$4.30 ALL342	-69.1%
Monthly membership at local gym	$78.17 ISK9,489	$52.57 ALL4,189	-32.7%
Movie ticket to theater/cinema	$16.75 ISK2,034	$7.66 ALL610	-54.3%
Average			-59.9%

Iceland vs. Albania - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 44.5% less for clothing

	Iceland	Albania
Regular jeans Levi's brand	$130.91 ISK15,891	$54.19 ALL4,318	-58.6%
Regular dress from H&M or similar store	$61.83 ISK7,505	$39.78 ALL3,170	-35.7%
Running shoes Nike or Adidas	$163.81 ISK19,885	$94.48 ALL7,528	-42.3%
Men's business shoes (leather)	$237.31 ISK28,807	$139.08 ALL11,082	-41.4%
Average			-44.5%

Iceland vs. Albania - Cost of clothing

Improve prices · Change currency (USD)

The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: September 2026

Compare further: Iceland vs. Albania

Salary Calculator · Free tool

What salary would you need in Albania?

Quality of Life Comparison · 11 statistics

Be 3.3 times more likely to be unemployed in Albania

Size Comparison · See true size

Iceland is about 3.6 times bigger than Albania.

Moving from Iceland to Albania · Cost, visas & climate

Compare cost of living, salary and climate.

More cost comparisons

Iceland vs.

Egypt

Iceland vs.

Greece

Iceland vs.

Canada

Iceland vs.

Ecuador

Iceland vs.

Austria

Iceland vs.

Australia

Iceland vs.

Russia

Iceland vs.

China

Share this

Compare by city

For example, try comparing the cost of living in Reykjavik vs. Tirana

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Iceland

Add prices for Albania

Ask the Elsewhere Community

Join the Elsewhere community and ask a question about Albania or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.