Cost Of Living For a Student in Berat 2025

Average monthly spending for students in Berat

How much money does a student need in a month to survive in Berat?

Students in Berat spend around 140,000 ALL per month on average. Depending on the lifestyle, a student can survive with a monthly budget as low as 21,000 ALL or as high as 930,000 ALL. Location is a very important factor and has a huge influence on expenditure and budget.

How do students spend their money in Berat?

We asked thousands of students about their spending habits and expenditure break down.

Housing and accomodation expenditure for students

Students in Berat typically spend from 13% to 24% of their total monthly expenditure on housing with 18% being the average. The average monthly spend on housing is 34,000 ALL with expenditure ranging from 5,100 ALL to 220,000 ALL. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for students

Utility expenditure like electricity, water, and gas in Berat ranges from 5% to 11% of total expenses with 7% being the average for most students. The average monthly cost of utilities is 5,600 ALL with 850 ALL and 37,000 ALL being the upper and lower limits for a student of four.

Transport, fuel, and commute expenditure for students

Fuel consumption and cost of transport depend heavily on whether a student resides near school and work, but roughly speaking a student would expect to spend from 1,500 ALL to 65,000 ALL in a month on commuting with 9,800 ALL being the norm for most students. This means that money spent on transport constitutes about 4% of total spending on average but can go as low as 4% or as high as 10%.

Food, groceries, and basic shopping expenditure for students

The average outlay on groceries and basic houshold items for a typical student in a month in Berat is 28,000 ALL. The cost of groceries can range between 4,200 ALL to 190,000 ALL. Students spend on average about 23% on food and groceries with upper and lower bounds of 17% and 27% respectively.

Healthcare and medical services expenditure for students

Students in Berat allocate 6% to 12% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 9%. The range of medical expenses range from 1,300 ALL to 56,000 ALL with 8,400 ALL being the norm for most students.

Leisure and shopping expenditure for students

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 1,100 ALL to 47,000 ALL with 7,000 ALL being the average. Speaking of percentages, that equates to 2% to 6% of total expenses with an average of 2% for most students.

Education and schooling expenditure for students

Spending on education can vary drastically between different students. On average, education constitutes 18% of the monthly expenditure of students with 11% and 23% being the lower and upper bounds respectively. The average reported education cost is 27,000 ALL per month with 4,000 ALL being the minimum spent amount and 180,000 ALL being the maximum.

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

• 50% for needs and financial obligations

  This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

• 30% for wants and discretionary spending

  This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

• 20% for savings and emergency fund

  This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

Affordable living in Berat

Income and cost of living compatibility

We asked students one simple question and recorded their answers.

Is it affordable or economical to live in Berat?

Around 57% of surveyed students think that living in Berat is affordable with proper budgeting while 43% reported that it is just too expensive and not affordable even with frugality and thriftness.

Low-cost alternatives in Berat

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked students how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options55%

Few low-cost options45%

Based on the survey, 55% of the students living in Berat have no problem finding low-cost alternatives to support a frugal lifestyle while 45% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Students

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked students of Berat whether they have an emergency fund and the answers were as follows.

Yes57%

No43%

Based on the survey, 43% of the students living in Berat said that they don't have an emergency fund while 57% said that they do.

Financial Literacy in Albania

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy55%

We asked student guardians and parents in Berat whether they acquired any adequate personal financial training in their lives. Approximately 45% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 55% said that they know about the general principles of personal finance from sources other than their own experience.

Difficulty in Budgeting and Financial Planning

We wanted to understand whether students of Albania have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 36% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 64% said that they have everything under control.

Struggles with finance36%

Easily manages finances64%

Housing costs, accommodation, and housing affordability in Berat

Rent Cost in Berat

Monthly Rent Prices

Studio apartment monthly rent cost

24,000 ALL

35,000 ALL

95,000 ALL

MINIMUM

AVERAGE

MAXIMUM

$250

$370

$990

1-bedroom apartment monthly rent cost

35,000 ALL

57,000 ALL

140,000 ALL

MINIMUM

AVERAGE

MAXIMUM

$370

$590

$1,500

2-bedroom apartment monthly rent cost

47,000 ALL

71,000 ALL

190,000 ALL

MINIMUM

AVERAGE

MAXIMUM

$490

$740

$2,000

3-bedroom apartment monthly rent cost

57,000 ALL

95,000 ALL

260,000 ALL

MINIMUM

AVERAGE

MAXIMUM

$590

$990

$2,700

Furnished apartment monthly rent cost

110,000 ALL

280,000 ALL

570,000 ALL

MINIMUM

AVERAGE

MAXIMUM

$1,200

$3,000

$5,900

Townhouse monthly rent cost

95,000 ALL

140,000 ALL

410,000 ALL

MINIMUM

AVERAGE

MAXIMUM

$990

$1,500

$4,200

House monthly rent cost

110,000 ALL

280,000 ALL

570,000 ALL

MINIMUM

AVERAGE

MAXIMUM

$1,200

$3,000

$5,900

Villa monthly rent cost

140,000 ALL

350,000 ALL

570,000 ALL

MINIMUM

AVERAGE

MAXIMUM

$1,500

$3,700

$5,900

The monthly rental cost of a studio apartment in Berat ranges between 24,000 ALL and 95,000 ALL, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 35,000 ALL to 140,000 ALL. Two-bedroom rentals rate ranges between 47,000 ALL and 190,000 ALL per month. The monthly rental for a three-bedroom apartment ranges from 57,000 ALL to 260,000 ALL. The average rent of a townhouse in Berat is around 140,000 ALL while house rental costs can be as high as 280,000 ALL per month. Finally, if you want to rent a villa, expect to pay anywhere from 140,000 ALL to 570,000 ALL per month.

Apartment and house prices in Berat

Cost of buying a property

Studio apartment price

4.7M ALL

7.1M ALL

14M ALL

MINIMUM

AVERAGE

MAXIMUM

$49,000

$74,000

$150,000

1-bedroom apartment price

5.7M ALL

9.5M ALL

35M ALL

MINIMUM

AVERAGE

MAXIMUM

$59,000

$99,000

$370,000

2-bedroom apartment price

9.5M ALL

28M ALL

57M ALL

MINIMUM

AVERAGE

MAXIMUM

$99,000

$300,000

$590,000

3-bedroom apartment price

32M ALL

47M ALL

140M ALL

MINIMUM

AVERAGE

MAXIMUM

$330,000

$490,000

$1.5M

Townhouse price

41M ALL

95M ALL

350M ALL

MINIMUM

AVERAGE

MAXIMUM

$420,000

$990,000

$3.7M

House price

47M ALL

280M ALL

410M ALL

MINIMUM

AVERAGE

MAXIMUM

$490,000

$3M

$4.2M

Villa price

57M ALL

320M ALL

470M ALL

MINIMUM

AVERAGE

MAXIMUM

$590,000

$3.3M

$4.9M

The average price of a studio apartment in Berat can range from 4.7M ALL to 14M ALL depending on location. One bedroom cost can be anywhere from 5.7M ALL to 35M ALL. A villa can cost you 320M ALL on average with prices ranging from 57M ALL to 470M ALL.

House / apartment prices to income ratio

Property prices in Berat can be x85 to x183 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x85 multiples of the average monthly salary in Berat.

Rent to income ratio

The average rent-to-income ratio in Berat is around 27%. This means that people pay 27% of their income for rent. Those figures can range from 18% to 37% depending on the salary, location, and type of property.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Berat

Energy, electricity, water, gas, internet, and mobile cost in Berat

Utility Bill Cost / Electricity + Water + Gas / Student

850 ALL

5,600 ALL

37,000 ALL

MINIMUM

AVERAGE

MAXIMUM

$8.9

$58

$390

Internet and cable cost

1,500 ALL

3,000 ALL

3,900 ALL

MINIMUM

AVERAGE

MAXIMUM

$15

$31

$41

Mobile phone bill and charges

1,200 ALL

2,000 ALL

5,900 ALL

MINIMUM

AVERAGE

MAXIMUM

$12

$21

$62

The average monthly energy and water consumption of students is around 5,600 ALL. The cost of internet and WiFi ranges from 1,500 ALL to 3,900 ALL with 3,000 ALL being the average internet bill. Finally, the average monthly mobile charges is around 2,000 ALL but can range between 1,200 ALL and 5,900 ALL depending on consumption. Mobile charges include both calling minutes as well as data packages.

Energy / Utility expense to income ratio

The average utility-to-income ratio in Berat is around 5.7%. This means that people pay 5.7% of their income for energy, water, internet, and mobile charges. Those figures can range from 2.8% to 9.5% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Berat

Prices and cost of goods and services in Berat

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

300 ALL

590 ALL

990 ALL

MINIMUM

AVERAGE

MAXIMUM

$3.1

$6.2

$10

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Berat is approximatly 590 ALL with meal cost ranging from 300 ALL to 990 ALL. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

970 ALL

1,400 ALL

2,900 ALL

MINIMUM

AVERAGE

MAXIMUM

$10

$15

$30

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 970 ALL and 2,900 ALL with 1,400 ALL being the average price of a plate for one person at a regular restaurant in Berat.

Fine dining meal for one price

1,900 ALL

2,900 ALL

12,000 ALL

MINIMUM

AVERAGE

MAXIMUM

$20

$30

$120

The price range of a meal at fine-dining restaurant is 1,900 ALL to 12,000 ALL with the average cost being 2,900 ALL for one person. This is what you would expect to pay a top-tier diner in Berat.

Beverage prices, cappuccino, latte etc..

250 ALL

390 ALL

590 ALL

MINIMUM

AVERAGE

MAXIMUM

$2.6

$4.1

$6.2

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Berat is around 390 ALL. Price ranges between 250 ALL and 590 ALL depending on the type of beverage, the size, and optional add-ons.

Grocery and market costs

Large bottle of milk price

200 ALL

240 ALL

300 ALL

MINIMUM

AVERAGE

MAXIMUM

$2.1

$2.5

$3.1

The average price of a large bottle of milk in Berat is 240 ALL. The maximum what you would pay for milk is 300 ALL and the minimum being 200 ALL depending on the brand of milk and other properties.

12 eggs price

150 ALL

200 ALL

300 ALL

MINIMUM

AVERAGE

MAXIMUM

$1.5

$2.1

$3.1

A dozen eggs costs around 200 ALL on average with 150 ALL and 300 ALL being the lower and upper limits respectively.

Fresh whole chicken price

340 ALL

430 ALL

620 ALL

MINIMUM

AVERAGE

MAXIMUM

$3.5

$4.5

$6.4

The price range of a fresh whole chicken in Berat is between 340 ALL and 620 ALL depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 430 ALL.

Pack of beef price

390 ALL

590 ALL

1,200 ALL

MINIMUM

AVERAGE

MAXIMUM

$4.1

$6.2

$12

The price of a regular pack of beef or meat is around 590 ALL. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

160 ALL

220 ALL

310 ALL

MINIMUM

AVERAGE

MAXIMUM

$1.7

$2.3

$3.2

A bag of rice in Berat costs around 220 ALL on average with prices rangeing between 160 ALL and 310 ALL depending on the brand and quality.

Bag of tomatos price

59 ALL

79 ALL

150 ALL

MINIMUM

AVERAGE

MAXIMUM

$0.62

$0.82

$1.5

A bag of tomatoes costs anywhere from 59 ALL to 150 ALL. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

110 ALL

140 ALL

230 ALL

MINIMUM

AVERAGE

MAXIMUM

$1.1

$1.4

$2.4

A bag of apples costs 140 ALL on average. A bag of apples denotes 1Kg or 1lb depending on location.

Grocery and food expenditure to income ratio

The average grocery-to-income ratio in Berat is around 26%. This means that students spend 26% of their income on grocery and basic household items. The expenditure can range from 18% to 31% depending on salary and location.

Expenditure on food and grocery for students