Location Factors

Albania

The location factor for Albania is 0.55, based on national living costs.

This means a 4,707,222 lek per year salary would roughly be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to 5,549,164 lek.
It would be 972,242 lek based on market rates, 1,146,139 lek with taxes paid in Germany.

You can also start a calculation based on Albania.

Name Albania
Chosen Factor 0.55 0.65*
Market Rates 0.11 0.13*
Consumer Price Index 0.55 0.65*
Rent Index* 0.31 0.37*
Consumer Price Plus Rent Index 0.49 0.58*
Groceries Index 0.53 0.62*
Restaurant Price Index* 0.46 0.54*
Local Purchasing Power Index* 0.31 0.37*
Buffer Location Bracket* D
Currency Albanian Lek (ALL)
Income Tax* 0% to 23%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on National Sources. Living costs based on Numbeo.

Locations in Albania

City Factor Based On
Tirana 0.59 0.70* Living Costs
create calculation* If taxes paid in Germany instead.