"Weak" purchasing power - In Tirana you can buy only 44% of the goods you get in New York
A citizen in Tirana is able to buy only 44% of the goods and services that an individual bought in New York. The comparison is made with New York since the study by Numbeo is based on the purchasing power of this city and other countries are relative.
So, to put it more simply, if an individual in New York manages to buy on average "X" amount of goods and services in a given month, in Tirana you can buy less than half.
On the other hand, in the region, Tirana is positioned in the middle of the table compared to other countries. Individuals in the capital manage to buy more goods and services at the same rate as the city of Belgrade or Skopje.
Even where the American city is taken as a base, Tirana offers 3% more purchasing power than Pristina and 1% more than Skopje. But on the other hand, compared to Belgrade and Podgorica, the buyer's market is smaller.
Respectively with 5% for both these cities. It should be noted that in these data, the services of the apartments are not taken as a basis.
Not appreciating the high rent prices in Tirana or the high prices to buy an apartment. If the calculation were made based on these factors, the capital of Albania would be among the most expensive in the Region, causing the purchasing power to shrink significantly.
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