Cost of living comparison

compared to

Albania vs. Panama Cost of Living Summary

Albania is 6.3% cheaper than Panama overall.

Restaurants: pay 6.1% more in Albania
Groceries: pay 18.7% less in Albania
Transportation: pay 45.7% more in Albania
Housing: pay 43.0% less in Albania
Childcare: pay 54.9% less in Albania
Entertainment and Sports: pay 2.0% less in Albania
Clothing: pay 22.4% more in Albania

The cost of transportation, clothing, and restaurants in Albania are more expensive than in Panama. Expenses including childcare, housing, groceries, and entertainment and sports are lower in Albania.

Albania vs. Panama Cost Breakdown

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

Display currency: USD

pay 6.1% more for restaurants

	Panama	Albania
Basic meal with drink at inexpensive restaurant	$8.35 PAB8.35	$9.59 ALL795	+14.8%
Fast food combo meal McDonalds, or similar	$7.75 PAB7.75	$8.67 ALL719	+11.9%
Bottle of Coca-Cola (11 fl. oz)	$1.37 PAB1.37	$1.77 ALL147	+28.8%
Bottle of water (11 fl. oz)	$1.21 PAB1.21	$0.83 ALL69	-31.1%
Average			+6.1%

Panama vs. Albania - Cost of restaurants

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pay 18.7% less for groceries

	Panama	Albania
Bread 1 loaf	$2.21 PAB2.21	$1.03 ALL85	-53.6%
Local cheese (8 oz)	$6.02 PAB6.02	$5.40 ALL448	-10.3%
Milk (1 gallon)	$6.86 PAB6.86	$7.89 ALL654	+15.0%
Eggs 1 dozen	$2.47 PAB2.47	$3.20 ALL266	+29.8%
Boneless chicken breast (1 lb)	$3.58 PAB3.58	$3.26 ALL270	-8.8%
Apples (1 lb)	$2.13 PAB2.13	$0.65 ALL54	-69.7%
Bananas (1 lb)	$0.60 PAB0.60	$1.13 ALL94	+89.2%
Oranges (1 lb)	$1.40 PAB1.40	$0.74 ALL61	-47.3%
Tomatoes (1 lb)	$1.51 PAB1.51	$0.66 ALL55	-56.1%
Potatoes (1 lb)	$0.96 PAB0.96	$0.51 ALL42	-47.0%
Onions (1 lb)	$0.99 PAB0.99	$0.53 ALL44	-46.9%
Average			-18.7%

Panama vs. Albania - Cost of groceries

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pay 45.7% more for transportation

	Panama	Albania
Gasoline (1 gallon)	$3.87 PAB3.87	$8.27 ALL685	+113.8%
Monthly public transit pass	$23.75 PAB23.75	$19.40 ALL1,608	-18.3%
New Volkswagen Golf 1.4 (standard edition)	$23,416.67 PAB23,416.67	$31,384.43 ALL2,601,783	+34.0%
Taxi trip in downtown area (5 miles)	$20.20 PAB20.20	$30.95 ALL2,565	+53.2%
Average			+45.7%

Panama vs. Albania - Cost of transportation

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pay 43.0% less for housing

	Panama	Albania
Internet connection 50 mbps or faster, cable/dsl	$48.39 PAB48.39	$16.59 ALL1,375	-65.7%
1-Bedroom apartment in downtown area	$765.94 PAB765.94	$521.48 ALL43,231	-31.9%
1-Bedroom apartment outside city center	$630.77 PAB630.77	$357.61 ALL29,646	-43.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$89.09 PAB89.09	$61.56 ALL5,103	-30.9%
Average			-43.0%

Panama vs. Albania - Cost of housing

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pay 54.9% less for childcare

	Panama	Albania
Private preschool for 1 child, monthly	$363.00 PAB363.00	$175.46 ALL14,546	-51.7%
Middle school for 1 child, two semesters	$9,411.11 PAB9,411.11	$3,951.26 ALL327,562	-58.0%
Average			-54.9%

Panama vs. Albania - Cost of childcare

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pay 2.0% less for entertainment and sports

	Panama	Albania
Domestic/local beer (1 pint)	$1.95 PAB1.95	$2.46 ALL204	+26.1%
Cappuccino in mid-range area	$3.54 PAB3.54	$1.95 ALL161	-45.0%
Pack of cigarettes Marlboro or similar	$5.48 PAB5.48	$4.30 ALL356	-21.6%
Monthly membership at local gym	$51.47 PAB51.47	$52.57 ALL4,358	+2.1%
Movie ticket to theater/cinema	$5.97 PAB5.97	$7.66 ALL635	+28.3%
Average			-2.0%

Panama vs. Albania - Cost of entertainment and sports

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pay 22.4% more for clothing

	Panama	Albania
Regular jeans Levi's brand	$43.33 PAB43.33	$54.19 ALL4,492	+25.1%
Regular dress from H&M or similar store	$34.17 PAB34.17	$39.78 ALL3,298	+16.4%
Running shoes Nike or Adidas	$80.40 PAB80.40	$94.48 ALL7,832	+17.5%
Men's business shoes (leather)	$106.46 PAB106.46	$139.08 ALL11,529	+30.6%
Average			+22.4%

Panama vs. Albania - Cost of clothing

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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: December 2025

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