Cost of living comparison
Albania is 43.3% cheaper than Iceland overall.
- Restaurants
-
pay 54.1% less in Albania
- Groceries
-
pay 39.8% less in Albania
- Transportation
-
pay 18.3% less in Albania
- Housing
-
pay 58.1% less in Albania
- Childcare
-
pay 38.0% less in Albania
- Entertainment and Sports
-
pay 55.3% less in Albania
- Clothing
-
pay 39.8% less in Albania
Expenses including housing, entertainment and sports, restaurants, groceries, clothing, and childcare are lower in Albania.
If you lived in Albania instead of Iceland, you would:
pay 54.1% less for restaurants
|
Iceland
|
Albania
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,534
|
$8.37
ALL729
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,213
|
$6.97
ALL607
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK367
|
$1.66
ALL145
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK264
|
$0.81
ALL70
|
|
pay 39.8% less for groceries
|
Iceland
|
Albania
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK386
|
$0.85
ALL74
|
|
| Local cheese (8 oz) |
$7.27
ISK949
|
$5.29
ALL461
|
|
| Milk (1 gallon) |
$6.01
ISK784
|
$7.20
ALL627
|
|
|
Eggs
1 dozen
|
$5.42
ISK708
|
$3.11
ALL271
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,111
|
$3.11
ALL271
|
|
| Apples (1 lb) |
$1.22
ISK160
|
$0.59
ALL51
|
|
| Bananas (1 lb) |
$1.03
ISK134
|
$1.05
ALL91
|
|
| Oranges (1 lb) |
$1.17
ISK153
|
$0.68
ALL59
|
|
| Tomatoes (1 lb) |
$1.87
ISK245
|
$0.67
ALL59
|
|
| Potatoes (1 lb) |
$1.23
ISK161
|
$0.46
ALL40
|
|
| Onions (1 lb) |
$0.78
ISK102
|
$0.51
ALL44
|
|
pay 18.3% less for transportation
|
Iceland
|
Albania
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,092
|
$7.81
ALL680
|
|
| Monthly public transit pass |
$71.28
ISK9,310
|
$17.64
ALL1,536
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,310,689
|
$28,265.14
ALL2,460,800
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,878
|
$30.70
ALL2,672
|
|
pay 58.1% less for housing
|
Iceland
|
Albania
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,427
|
$16.01
ALL1,394
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK240,066
|
$447.88
ALL38,993
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK195,624
|
$324.85
ALL28,282
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,577
|
$57.67
ALL5,021
|
|
pay 38.0% less for childcare
|
Iceland
|
Albania
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,719
|
$168.56
ALL14,675
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK782,876
|
$3,514.89
ALL306,011
|
|
pay 55.3% less for entertainment and sports
|
Iceland
|
Albania
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,200
|
$2.60
ALL226
|
|
| Cappuccino in mid-range area |
$4.65
ISK607
|
$1.77
ALL154
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,535
|
$3.70
ALL322
|
|
| Monthly membership at local gym |
$61.46
ISK8,027
|
$44.45
ALL3,870
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,874
|
$7.64
ALL665
|
|
pay 39.8% less for clothing
|
Iceland
|
Albania
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,528
|
$50.86
ALL4,428
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,796
|
$40.61
ALL3,536
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,330
|
$90.86
ALL7,911
|
|
| Men's business shoes (leather) |
$184.49
ISK24,097
|
$121.22
ALL10,554
|
|
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