Cost of living comparison

compared to

Baghdad is 56.1% cheaper than Iceland.

If you lived in Baghdad instead of Iceland, you would:

Display currency: USD

pay 71.5% less for restaurants

 
Iceland
Baghdad
Basic meal with drink at inexpensive restaurant $17.84
ISK2,504
$4.72
IQD6,185
Fast food combo meal
McDonalds, or similar
$14.27
ISK2,003
$8.00
IQD10,482
Bottle of Coca-Cola (11 fl. oz) $2.32
ISK325
$0.51
IQD671

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pay 64.3% less for groceries

 
Iceland
Baghdad
Bread
1 loaf
$3.42
ISK481
$0.74
IQD970
Local cheese (8 oz) $5.98
ISK840
$2.18
IQD2,856
Milk (1 gallon) $5.33
ISK748
$3.91
IQD5,121

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pay 57.7% less for transportation

 
Iceland
Baghdad
Gasoline (1 gallon) $8.03
ISK1,128
$1.33
IQD1,736
Monthly public transit pass $77.40
ISK10,866
$22.96
IQD30,083
New Volkswagen Golf 1.4 (standard edition) $29,836.83
ISK4,189,091
$14,238.96
IQD18,657,200

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pay 30.9% less for housing

 
Iceland
Baghdad
Internet connection
50 mbps or faster, cable/dsl
$62.40
ISK8,761
$51.82
IQD67,893
1-Bedroom apartment in downtown area $1,437.14
ISK201,775
$422.00
IQD552,941
1-Bedroom apartment outside city center $1,215.63
ISK170,674
$251.01
IQD328,893

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pay 43.3% less for childcare

 
Iceland
Baghdad
Private preschool for 1 child, monthly $259.34
ISK36,412
$133.60
IQD175,056
Middle school for 1 child, two semesters $2,750.10
ISK386,114
$1,701.04
IQD2,228,859

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pay 57.5% less for entertainment and sports

 
Iceland
Baghdad
Domestic/local beer (1 pint) $8.52
ISK1,196
$2.00
IQD2,621
Cappuccino in mid-range area $4.15
ISK583
$2.34
IQD3,072
Pack of cigarettes
Marlboro or similar
$10.64
ISK1,493
$1.72
IQD2,248

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pay 67.3% less for clothing

 
Iceland
Baghdad
Regular jeans
Levi's brand
$118.08
ISK16,578
$25.82
IQD33,835
Regular dress
from H&M or similar store
$50.39
ISK7,075
$28.36
IQD37,161
Running shoes
Nike or Adidas
$151.12
ISK21,217
$48.33
IQD63,330

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2024
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See the cost of living in Iceland vs. Iraq. This provides a comparison of the average cost of living from cities within Iceland and Iraq.

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