Cost of living comparison

Panama

compared to

Albania

Albania vs. Panama Cost of Living Summary

Albania is 19.8% cheaper than Panama overall.

Restaurants: pay 2.5% more in Albania
Groceries: pay 32.7% less in Albania
Transportation: pay 37.0% more in Albania
Housing: pay 39.2% less in Albania
Childcare: pay 50.4% less in Albania
Entertainment and Sports: pay 2.2% less in Albania
Clothing: pay 32.9% 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.

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Albania vs. Panama Cost Breakdown

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

Display currency: USD

pay 2.5% more for restaurants

	Panama	Albania
Basic meal with drink at inexpensive restaurant	$8.20 PAB8.20	$9.26 ALL752	+13.0%
Fast food combo meal McDonalds, or similar	$8.90 PAB8.90	$8.38 ALL680	-5.9%
Bottle of Coca-Cola (11 fl. oz)	$1.41 PAB1.41	$1.93 ALL157	+37.1%
Bottle of water (11 fl. oz)	$1.30 PAB1.30	$0.87 ALL71	-33.4%
Average			+2.5%

Panama vs. Albania - Cost of restaurants

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pay 32.7% less for groceries

	Panama	Albania
Bread 1 loaf	$2.28 PAB2.28	$1.04 ALL84	-54.6%
Local cheese (8 oz)	$6.18 PAB6.18	$5.44 ALL442	-12.0%
Milk (1 gallon)	$7.09 PAB7.09	$7.68 ALL624	+8.4%
Eggs 1 dozen	$2.56 PAB2.56	$3.12 ALL254	+22.1%
Boneless chicken breast (1 lb)	$3.42 PAB3.42	$3.48 ALL283	+1.7%
Apples (1 lb)	$1.86 PAB1.86	$0.72 ALL58	-61.3%
Bananas (1 lb)	$0.59 PAB0.59	$1.06 ALL86	+79.8%
Oranges (1 lb)	$1.76 PAB1.76	$0.76 ALL61	-57.1%
Tomatoes (1 lb)	$1.67 PAB1.67	$0.70 ALL57	-58.3%
Potatoes (1 lb)	$1.09 PAB1.09	$0.46 ALL37	-58.0%
Onions (1 lb)	$1.14 PAB1.14	$0.52 ALL42	-54.3%
Average			-32.7%

Panama vs. Albania - Cost of groceries

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pay 37.0% more for transportation

	Panama	Albania
Gasoline (1 gallon)	$4.34 PAB4.34	$8.37 ALL679	+92.8%
Monthly public transit pass	$23.00 PAB23.00	$19.20 ALL1,559	-16.5%
New Volkswagen Golf 1.4 (standard edition)	$23,920.67 PAB23,920.67	$30,477.94 ALL2M	+27.4%
Taxi trip in downtown area (5 miles)	$16.62 PAB16.62	$29.52 ALL2,397	+77.6%
Average			+37.0%

Panama vs. Albania - Cost of transportation

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pay 39.2% less for housing

	Panama	Albania
Internet connection 50 mbps or faster, cable/dsl	$49.81 PAB49.81	$16.78 ALL1,363	-66.3%
1-Bedroom apartment in downtown area	$789.50 PAB789.50	$559.99 ALL45,481	-29.1%
1-Bedroom apartment outside city center	$614.84 PAB614.84	$345.46 ALL28,057	-43.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$96.53 PAB96.53	$58.30 ALL4,735	-39.6%
Average			-39.2%

Panama vs. Albania - Cost of housing

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pay 50.4% less for childcare

	Panama	Albania
Private preschool for 1 child, monthly	$543.33 PAB543.33	$196.72 ALL15,977	-63.8%
Middle school for 1 child, two semesters	$7,213.83 PAB7,213.83	$4,891.77 ALL397K	-32.2%
Average			-50.4%

Panama vs. Albania - Cost of childcare

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pay 2.2% less for entertainment and sports

	Panama	Albania
Domestic/local beer (1 pint)	$2.21 PAB2.21	$2.71 ALL220	+22.8%
Cappuccino in mid-range area	$3.73 PAB3.73	$1.97 ALL160	-47.2%
Pack of cigarettes Marlboro or similar	$5.29 PAB5.29	$4.42 ALL359	-16.4%
Monthly membership at local gym	$50.91 PAB50.91	$53.63 ALL4,356	+5.3%
Movie ticket to theater/cinema	$6.13 PAB6.13	$8.11 ALL659	+32.3%
Average			-2.2%

Panama vs. Albania - Cost of entertainment and sports

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pay 32.9% more for clothing

	Panama	Albania
Regular jeans Levi's brand	$45.56 PAB45.56	$56.21 ALL4,566	+23.4%
Regular dress from H&M or similar store	$36.71 PAB36.71	$43.02 ALL3,494	+17.2%
Running shoes Nike or Adidas	$69.81 PAB69.81	$100.53 ALL8,165	+44.0%
Men's business shoes (leather)	$88.33 PAB88.33	$132.41 ALL10,754	+49.9%
Average			+32.9%

Panama vs. Albania - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Panama vs. Albania

Salary Calculator · Free tool

What salary would you need in Albania?

Quality of Life Comparison · 21 statistics

Make 34.3% less money in Albania

Size Comparison · See true size

Panama is about 2.6 times bigger than Albania.

Moving from Panama to Albania · Cost, visas & climate

Compare cost of living, salary and climate.

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