Cost of living comparison

compared to

Iceland vs. Iraq Cost of Living Summary

Iceland is 3.6 times more expensive than Iraq overall.

Restaurants: pay 5.6 times more in Iceland
Groceries: pay 3.2 times more in Iceland
Transportation: pay 2.5 times more in Iceland
Housing: pay 4.4 times more in Iceland
Childcare: pay 2.4 times more in Iceland
Entertainment and Sports: pay 3.0 times more in Iceland
Clothing: pay 3.8 times more in Iceland

The cost of restaurants, housing, clothing, groceries, entertainment and sports, and transportation in Iceland are more expensive than in Iraq. Notably, restaurants, housing, and clothing are significantly more expensive in Iceland.

Iceland vs. Iraq Cost Breakdown

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

Display currency: USD

pay 5.6 times more for restaurants

	Iraq	Iceland
Basic meal with drink at inexpensive restaurant	$4.64 IQD6,071	$19.40 ISK2,491	+317.7%
Fast food combo meal McDonalds, or similar	$6.72 IQD8,787	$16.94 ISK2,176	+152.0%
Bottle of Coca-Cola (11 fl. oz)	$0.42 IQD544	$2.81 ISK361	+575.1%
Bottle of water (11 fl. oz)	$0.22 IQD292	$2.02 ISK260	+805.9%
Average			+462.7%

Iraq vs. Iceland - Cost of restaurants

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pay 3.2 times more for groceries

	Iraq	Iceland
Bread 1 loaf	$0.82 IQD1,066	$2.95 ISK379	+262.4%
Local cheese (8 oz)	$2.51 IQD3,285	$7.27 ISK933	+189.1%
Milk (1 gallon)	$4.56 IQD5,962	$6.01 ISK771	+31.7%
Eggs 1 dozen	$1.76 IQD2,306	$5.42 ISK696	+207.2%
Boneless chicken breast (1 lb)	$2.21 IQD2,886	$8.51 ISK1,093	+285.3%
Apples (1 lb)	$0.48 IQD629	$1.22 ISK157	+154.3%
Bananas (1 lb)	$0.52 IQD675	$1.03 ISK132	+98.7%
Oranges (1 lb)	$0.44 IQD580	$1.17 ISK150	+163.8%
Tomatoes (1 lb)	$0.30 IQD398	$1.87 ISK241	+515.9%
Potatoes (1 lb)	$0.28 IQD362	$1.23 ISK159	+346.1%
Onions (1 lb)	$0.28 IQD367	$0.78 ISK101	+179.5%
Average			+221.3%

Iraq vs. Iceland - Cost of groceries

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pay 2.5 times more for transportation

	Iraq	Iceland
Gasoline (1 gallon)	$1.93 IQD2,517	$8.36 ISK1,074	+334.3%
Monthly public transit pass	$39.46 IQD51,590	$71.28 ISK9,154	+80.6%
New Volkswagen Golf 1.4 (standard edition)	$16,587.19 IQD21,683,548	$40,660.66 ISK5,221,945	+145.1%
Taxi trip in downtown area (5 miles)	$15.54 IQD20,310	$22.04 ISK2,830	+41.8%
Average			+150.4%

Iraq vs. Iceland - Cost of transportation

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pay 4.4 times more for housing

	Iraq	Iceland
Internet connection 50 mbps or faster, cable/dsl	$34.52 IQD45,133	$72.17 ISK9,269	+109.1%
1-Bedroom apartment in downtown area	$280.02 IQD366,049	$1,838.04 ISK236,055	+556.4%
1-Bedroom apartment outside city center	$188.34 IQD246,204	$1,497.77 ISK192,355	+695.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$66.51 IQD86,942	$58.01 ISK7,451	-12.8%
Average			+337.0%

Iraq vs. Iceland - Cost of housing

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pay 2.4 times more for childcare

	Iraq	Iceland
Private preschool for 1 child, monthly	$139.67 IQD182,580	$258.16 ISK33,155	+84.8%
Middle school for 1 child, two semesters	$2,045.09 IQD2,673,435	$5,993.99 ISK769,793	+193.1%
Average			+138.9%

Iraq vs. Iceland - Cost of childcare

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pay 3.0 times more for entertainment and sports

	Iraq	Iceland
Domestic/local beer (1 pint)	$2.57 IQD3,362	$9.19 ISK1,180	+257.3%
Cappuccino in mid-range area	$2.36 IQD3,086	$4.65 ISK597	+96.9%
Pack of cigarettes Marlboro or similar	$2.06 IQD2,688	$11.76 ISK1,510	+471.7%
Monthly membership at local gym	$32.77 IQD42,842	$61.46 ISK7,893	+87.5%
Movie ticket to theater/cinema	$8.37 IQD10,948	$14.35 ISK1,843	+71.3%
Average			+196.9%

Iraq vs. Iceland - Cost of entertainment and sports

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pay 3.8 times more for clothing

	Iraq	Iceland
Regular jeans Levi's brand	$23.65 IQD30,913	$111.23 ISK14,285	+370.4%
Regular dress from H&M or similar store	$25.45 IQD33,276	$59.69 ISK7,666	+134.5%
Running shoes Nike or Adidas	$48.29 IQD63,125	$148.00 ISK19,007	+206.5%
Men's business shoes (leather)	$36.75 IQD48,038	$184.49 ISK23,694	+402.1%
Average			+278.4%

Iraq vs. Iceland - Cost of clothing

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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 2025

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