Cost of living comparison
Panama is 34.4% more expensive than Albania.
If you lived in Panama instead of Albania, you would:
pay 12.8% more for restaurants
|
Albania
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.37
ALL790
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.97
ALL658
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.66
ALL157
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.81
ALL76
|
$1.17
PAB1.17
|
|
pay 67.3% more for groceries
|
Albania
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.85
ALL80
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$5.29
ALL499
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$7.20
ALL680
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$3.11
ALL294
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$3.11
ALL294
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$0.59
ALL55
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$1.05
ALL99
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$0.68
ALL64
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$0.67
ALL64
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.46
ALL44
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.51
ALL48
|
$1.01
PAB1.01
|
|
pay 21.8% less for transportation
|
Albania
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.81
ALL737
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$17.64
ALL1,664
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,265.14
ALL2,667,085
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$30.70
ALL2,896
|
$16.61
PAB16.61
|
|
pay 89.8% more for housing
|
Albania
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.01
ALL1,511
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$447.88
ALL42,262
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$324.85
ALL30,653
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$57.67
ALL5,442
|
$69.20
PAB69.20
|
|
pay 82.8% more for childcare
|
Albania
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$168.56
ALL15,906
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$3,514.89
ALL331,663
|
$6,548.17
PAB6,548.17
|
|
pay 22.0% more for entertainment and sports
|
Albania
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.60
ALL245
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$1.77
ALL167
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.70
ALL349
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$44.45
ALL4,195
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$7.64
ALL721
|
$5.33
PAB5.33
|
|
pay 12.2% less for clothing
|
Albania
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$50.86
ALL4,800
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$40.61
ALL3,832
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$90.86
ALL8,574
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$121.22
ALL11,438
|
$100.42
PAB100.42
|
|
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