Updated:
If you've ever considered moving to Albania, one of the first questions that likely crossed your mind is, "What is the cost of living in Albania?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Albania and whether the reported $1111 per month figure aligns with the average monthly salary of $371.23.
Restaurants |
Price |
World Range |
---|---|---|
Meal, Inexpensive Restaurant |
4.12 $ |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
24.71 $ |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
4.53 $ |
|
Domestic Beer (1 pint draught) |
1.24 $ |
|
Imported Beer (12 oz small bottle) |
2.06 $ |
|
Cappuccino (regular) |
1.1 $ |
|
Coke/Pepsi (12 oz small bottle) |
1.13 $ |
|
Water (12 oz small bottle) |
0.53 $ |
|
Markets |
Price |
World Range |
---|---|---|
Milk (regular), (1 gallon) |
1.12 $ |
|
Loaf of Fresh White Bread (1 lb) |
0.61 $ |
|
Rice (white), (1 lb) |
1.18 $ |
|
Eggs (regular) (12) |
2.09 $ |
|
Local Cheese (1 lb) |
5.47 $ |
|
Chicken Fillets (1 lb) |
4.42 $ |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.51 $ |
|
Apples (1 lb) |
0.87 $ |
|
Banana (1 lb) |
1.5 $ |
|
Oranges (1 lb) |
1.07 $ |
|
Tomato (1 lb) |
1.01 $ |
|
Potato (1 lb) |
0.66 $ |
|
Onion (1 lb) |
0.63 $ |
|
Lettuce (1 head) |
0.66 $ |
|
Water (1.5 liter bottle) |
0.48 $ |
|
Bottle of Wine (Mid-Range) |
4.86 $ |
|
Domestic Beer (0.5 liter bottle) |
0.84 $ |
|
Imported Beer (12 oz small bottle) |
1.26 $ |
|
Cigarettes 20 Pack (Marlboro) |
2.8 $ |
|
Transportation |
Price |
World Range |
---|---|---|
One-way Ticket (Local Transport) |
0.33 $ |
|
Monthly Pass (Regular Price) |
13.18 $ |
|
Taxi Start (Normal Tariff) |
2.47 $ |
|
Taxi 1 mile (Normal Tariff) |
2.47 $ |
|
Taxi 1hour Waiting (Normal Tariff) |
11.46 $ |
|
Gasoline (1 gallon) |
1.7 $ |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
16471.78 $ |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
17901.36 $ |
|
Utilities (Monthly) |
Price |
World Range |
---|---|---|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
71.48 $ |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.24 $ |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
14.85 $ |
|
Sports And Leisure |
Price |
World Range |
---|---|---|
Fitness Club, Monthly Fee for 1 Adult |
29.05 $ |
|
Tennis Court Rent (1 Hour on Weekend) |
13.27 $ |
|
Cinema, International Release, 1 Seat |
5.77 $ |
|
Childcare |
Price |
World Range |
---|---|---|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
136.25 $ |
|
International Primary School, Yearly for 1 Child |
2754.67 $ |
|
Clothing And Shoes |
Price |
World Range |
---|---|---|
1 Pair of Jeans (Levis 501 Or Similar) |
35.27 $ |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
29.95 $ |
|
1 Pair of Nike Running Shoes (Mid-Range) |
66.79 $ |
|
1 Pair of Men Leather Business Shoes |
73.5 $ |
|
Rent Per Month |
Price |
World Range |
---|---|---|
Apartment (1 bedroom) in City Centre |
296.59 $ |
|
Apartment (1 bedroom) Outside of Centre |
183.19 $ |
|
Apartment (3 bedrooms) in City Centre |
516.96 $ |
|
Apartment (3 bedrooms) Outside of Centre |
320.01 $ |
|
Buy Apartment Price |
Price |
World Range |
---|---|---|
Price per Square Feet to Buy Apartment in City Centre |
1535.09 $ |
|
Price per Square Feet to Buy Apartment Outside of Centre |
764.71 $ |
|
Salaries And Financing |
Price |
World Range |
---|---|---|
Average Monthly Net Salary (After Tax) |
371.23 $ |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
4.74 % |
|
The cost of dining varies with the type of establishment. A meal at an affordable restaurant averages around 4.12 USD, while a three-course dinner for two at a mid-range restaurant generally costs 24.71 USD.
Basic grocery prices are accessible for most essentials. For instance, a gallon of milk costs about 1.12 USD, a loaf of bread 0.61 USD, and a dozen eggs approximately 2.09 USD.
Public transport is relatively affordable, with a single trip priced at about 0.33 USD and a monthly pass around 13.18 USD. If you plan to use public transit regularly, these passes offer great value.
For an 85 m² apartment, monthly utility bills—including electricity, heating, water, and waste services—average around 71.48 USD.
For those interested in fitness and leisure, a monthly gym membership averages around 29.05 USD, while an hour on a tennis court on weekends costs about 13.27 USD.
Families looking for private childcare services will find that a month at a local preschool or kindergarten costs around 136.25 USD. For international schooling options, annual tuition can reach approximately 2754.67 USD.
Clothing and shoe prices vary widely. A pair of Levi's 501 jeans, for example, costs about 35.27 USD, and mid-range Nike sneakers are priced around 66.79 USD.
Rental prices depend on location, with a one-bedroom apartment in the city center averaging 296.59 USD per month, while one outside the center costs around 183.19 USD.
If you're considering buying property, prices per square foot vary as well. In central areas, the price per square foot is roughly 1535.09 USD, while in the suburbs, it's closer to 764.71 USD.
The average monthly net salary here is about 371.23 USD after taxes, and mortgage interest rates for a 20-year fixed-rate loan average around 4.74% annually.
Albania
Albania is a relatively safe country to travel to. There are mild threats, nothing that should stop you from traveling there. In the main cities (Tirana, Durres, Vlore) there are no major issues, and the only area you should avoid is Albania's border with Kosovo.
Means of transportation are various in Albania but not very reliable. Just because there is a schedule, doesn't mean there actually is a schedule, so you can count on waiting for buses, trains, etc. However, it is mostly safe, but be careful of pickpockets on buses and trains.
Petty crime involving pickpocketing is common, especially if you're using public transportation. Also, cell phone thefts and wallet thefts do happen, so keep your valuables in a safe place and take basic precaution measures.
Albania lies in a seismically active zone, and minor earthquakes and tremors are common. Serious earthquakes are less frequent but do occur.
Mugging, cell phone thefts, and carjacking do happen, however, these cases are not too common. Albania is not known for kidnapping, so you should be fine, but use common sense and be vigilant for any dangers at all times.
There haven't been terrorist attacks in Albania's recent history, but they shouldn't be ruled out.
Albanians are mostly warm and hospitable people, but there's always the risk of getting scammed if you're a tourist, and this also applies to Albania. Tourists have been overcharged for beers and street food, or given the wrong change, so try to avoid street vendors and negotiate everything in advance and check your change twice.Credit card fraud is also an issue in Albania and visitors should exercise caution by not letting the card out of their sight. As a tourist, be vigilant for strangers looking over their shoulders at the PIN number or for any interference with the machine itself that could indicate a camera or some kind of a scamming machine inside the ATM.
It is safe for women to travel alone in Albania, and most people will probably go out of their way to help in any way, but you should avoid walking in remote areas and alone at night.
As a tourist, you don't need a visa to enter the Republic of Albania. You may stay up to one year in Albania without applying for a residency permit, and your passport should be valid for at least three months beyond your stay in Albania. If you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need a visa based on your nationality and the country you want to visit.
Albanian lek is the official currency in Albania. Some say that Albania is a little more expensive than Skopje or Bucharest, but it is still cheaper than in most European countries. Use ATM's with caution and exchange your money in banks.
Albania has a Mediterranean climate, with hot, dry summers and cool, wet winters in the lowlands. In the highlands, it is cold from November until March, and snow is a regular occurrence. Cities near mountains are very cold, and even during the summer nights can get very chilly.
Albania's main and busiest international airport is Tirana International Airport Nënë Tereza, commonly known as Rinas International Airport.
Just like anywhere else, we recommend getting travel insurance when traveling to Albania, since it covers not only the costs of medical problems but also theft and loss of valuables.