Iraq vs. Equatorial Guinea Cost of Living Summary

Iraq is 12.6% cheaper than Equatorial Guinea overall.

Restaurants
pay 37.1% less in Iraq
Groceries
pay 44.8% less in Iraq
Transportation
pay 23.4% less in Iraq
Housing
pay 7.9% less in Iraq
Childcare
pay 8.0 times more in Iraq
Entertainment and Sports
pay 6.9% more in Iraq

The cost of childcare and entertainment and sports in Iraq are more expensive than in Equatorial Guinea. Expenses including groceries, restaurants, transportation, and housing are lower in Iraq. Notably, childcare is significantly more expensive in Iraq.

Iraq vs. Equatorial Guinea Cost Breakdown

If you lived in Iraq instead of Equatorial Guinea, you would:

pay 37.1% less for restaurants

 
Equatorial Guinea
Iraq
Basic meal with drink at inexpensive restaurant $8.54
FCFA4,983
$4.69
IQD7,116
Fast food combo meal
McDonalds, or similar
$8.54
FCFA4,983
$6.78
IQD10,292
Bottle of Coca-Cola (11 fl. oz) $0.85
FCFA498
$0.46
IQD696

Improve prices ·

pay 44.8% less for groceries

 
Equatorial Guinea
Iraq
Bread
1 loaf
?? $0.77
IQD1,171
Local cheese (8 oz) $3.37
FCFA1,966
$2.50
IQD3,803
Milk (1 gallon) $10.34
FCFA6,036
$4.14
IQD6,285

Improve prices ·

pay 23.4% less for transportation

 
Equatorial Guinea
Iraq
Gasoline (1 gallon) ?? $2.18
IQD3,310
Monthly public transit pass $26.40
FCFA15,411
$35.81
IQD54,369
New Volkswagen Golf 1.4 (standard edition) $33,056.06
FCFA19M
$15,719.55
IQD24M

Improve prices ·

pay 7.9% less for housing

 
Equatorial Guinea
Iraq
Internet connection
50 mbps or faster, cable/dsl
?? $35.82
IQD54,388
1-Bedroom apartment in downtown area ?? $299.18
IQD454K
1-Bedroom apartment outside city center $223.95
FCFA131K
$206.21
IQD313K

Improve prices ·

pay 8.0 times more for childcare

 
Equatorial Guinea
Iraq
Private preschool for 1 child, monthly ?? $167.07
IQD254K
Middle school for 1 child, two semesters $341.40
FCFA199K
$2,726.78
IQD4M

Improve prices ·

pay 6.9% more for entertainment and sports

 
Equatorial Guinea
Iraq
Domestic/local beer (1 pint) $1.71
FCFA997
$3.16
IQD4,804
Cappuccino in mid-range area $4.69
FCFA2,741
$2.65
IQD4,020
Pack of cigarettes
Marlboro or similar
$4.52
FCFA2,639
$1.96
IQD2,975

Improve prices ·

pay (unknown) more for clothing

 
Equatorial Guinea
Iraq
Regular jeans
Levi's brand
?? $24.05
IQD36,514
Regular dress
from H&M or similar store
?? $24.78
IQD37,621
Running shoes
Nike or Adidas
?? $56.42
IQD85,653

Improve prices ·

We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Share this

Compare by city

For example, try comparing the cost of living in Malabo vs. Baghdad

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Ask the Elsewhere Community

Join the Elsewhere community and ask a question about Iraq or Equatorial Guinea. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.