In relation to New York, the cost of living in Tirana in January 2022 was 5 percentage points cheaper than last year, according to the calculations of “Numbeo”, the largest database in the world for living costs.<\/p>\n<\/div>\n
Albania was ranked 99th out of 136 countries, up 10 places from January 2021 (number 1 is the most expensive).<\/p>\n
This year’s calculations show that in Albania the cost of living is as much as 35.5% of the expenses needed to live in New York (excluding Tirana were as much as 40.5% of the New York average).<\/p>\n
In relation to itself, Albania has not become cheaper to live in 2022, but prices in New York have risen at a faster pace than in Albania.<\/p>\n
Numbeo calculates the cost of living anywhere in the world in relation to New York City, which means that for New York City, each index must be 100 (%). If another city has, for example, a rent index of 120, that means that on average in that city rents are 20% more expensive than in New York City. If a city has a rent index of 70, that means the average rent in that city is 30% cheaper than in New York City.<\/p>\n
In relation to the region, Albania was the most expensive country after Montenegro, Serbia and Bosnia, while cheaper than Albania were Northern Macedonia and Kosovo (see attached graph).<\/p>\n
Kosovo, in 134th place, is the cheapest in Europe and among the 6 cheapest in the world, with 27% of the New York average.<\/p>\n
Numbeo estimates that the monthly costs of a family with four members in Albania are 167,392 ALL without rent.<\/p>\n
Monthly costs for a single person are 47,720 ALL without rent.<\/p>\n
Compared to the US, the cost of living in Albania is on average 49.05% lower, while rent in Albania is on average 79.41% lower than in the United States.<\/p>\n
In Tirana, the cost of living in January 2022 is estimated 7.5% higher than the national average, as the estimated monthly costs for a family of four members are 179,619.35 ALL without rent and the monthly costs for a single person are 50,941.26 ALL, without rent.<\/p>\n
Tirana is 61.05% cheaper than New York (no rent). Rent in Tirana is on average 88.73% lower than in New York.<\/p>\n
The cost of living index (excluding rent) is a relative indicator of the prices of consumer goods, including food expenditures for restaurants, transportation and utilities.<\/p>\n
The cost of living index does not include the cost of accommodation such as rent or mortgage. If a city has a Living Cost Index of 120, it means that Numbeo has estimated that it is 20% more expensive than New York (excluding rent).<\/p>\n
In the world, the 10 most expensive countries are Bermuda, Switzerland, Norway, Iceland, Barbados, Jersey, Israel, Denmark, Bahamas, Singapore.<\/p>\n
While the cheapest countries are Algeria, Colombia, India, Afghanistan, Pakistan.\/ Monitor<\/p>\n \n<\/p>\n top channel![\"\"](\"https:\/\/378827-1187191-raikfcquaxqncofqfm.stackpathdns.com\/images\/2022\/01\/kosto.jpg\")
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