Skyline of Palanga
Cost of Living: 90 18,000

Palanga, Lithuania

Lithuania's premier Baltic Sea resort, known for its beautiful sandy beaches, the Amber Museum in the Tiškevičiai Palace, and a vibrant summer social scene.

Updated July 19, 2026
Cost of Living 90

Below Average vs Lithuania Avg (100)

Housing Index 100

Affordable

Median Income €16,000

Household income

Unemployment 4.5%

Job market health

Palanga vs Lithuania Average

Cost of Living
Palanga: 90
Lithuania Avg: 100
Housing Index
Palanga: 100
Lithuania Avg: 100
Income Tax
Palanga: 20%

Taxes

  • Income Tax: 20.0%
  • VAT: 21.0%

Economy & Jobs

  • Median Income: €16,000
  • Unemployment: 4.5%
  • Population: 18,000

Climate

  • Sunny Days: 180/year
  • Summer High: 72°F
  • Winter Low: 24°F

Housing

  • Median Home: €200,000
  • 1BR Rent: €600/mo

Cost of Living

Palanga's cost of living index is 90 (Lithuania average = 100).

CategoryPalangaNational AverageDifference
Overall90100-10.0%
Housing1001000.0%

Data source: LSD / Numbeo, 2026

Housing Market

MetricValue
Median Home Price€200,000
Median Rent (1BR)€600/mo
Median Rent (2BR)€750/mo
Price per Sq Ft€133

Data source: Aruodas.lt / Numbeo, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

%
$90,000 down
%
%

Utilities

Estimated monthly utility costs for a typical household in Palanga:

UtilityEstimated Monthly CostNotes
Electricity€50Based on ~3,500 kWh/year typical Lithuanian household usage
Heating & Cooling€142Estimated based on local climate. gas or district heating
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water€25Includes sewer
Internet (100+ Mbps)€30Broadband average
Garbage / Trash€15Private service
Total Utilities€262Monthly estimate (including heating & cooling)

Data sources: VERT, Ignitis, Telia 2025

Best Neighborhoods

Downtown Palanga

The heart of the city with restaurants, shops, and entertainment. Average rent: €720/mo.

Palanga Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: €660/mo.

East Palanga

Up-and-coming neighborhood with new developments and young professionals. Average rent: €540/mo.

West Palanga

Family-friendly area with parks and good schools. Average rent: €570/mo.

Remote Work Score

Palanga scores —/100 for remote work readiness:

Cost of Living
90
Rent
€600
Sunny Days
180
Tax
20%
Unemployment
4.5%
Climate
72°F / 24°F

Climate

Palanga has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January44°F24°F2.5"
April57°F39°F2.8"
July72°F47°F1.5"
October52°F42°F2.2"

Taxes

  • Income Tax: 20%
  • VAT: 21%
  • Property Tax: ~0.5% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 4.5%.

Crime & Safety

Crime rates in Palanga per 100,000 residents:

18.9
Violent Crime
460.4
Property Crime
2.6
Homicide

City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.

Data source: Eurostat

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Palanga, Lithuania?

The cost of living index in Palanga is 90, which is Lower the Lithuania national average of 100.

How much does it cost to buy a home in Palanga?

The median home price in Palanga is €200,000. The housing index is 100.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Palanga is approximately €600/mo.

Does Palanga, PL have income tax?

Palanga is in PL, which has an income tax rate of 20%.

What is the climate like in Palanga?

Palanga enjoys approximately 180 sunny days per year. Summer highs reach around 72°F, while winter lows can drop to around 24°F.

Data Sources

  • Cost of Living: LSD / Numbeo, 2026
  • Housing Data: Aruodas.lt / Numbeo, 2026
  • Income & Employment: LSD Labour Force Survey, 2024
  • Utilities VERT, Ignitis, Telia 2025

Data last updated: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.