Cost of living comparison
Iceland is 3.5 times more expensive than Iraq.
If you lived in Iceland instead of Iraq, you would:
pay 5.7 times more for restaurants
|
Iraq
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.44
IQD5,811
|
$19.51
ISK2,678
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.78
IQD8,887
|
$16.45
ISK2,257
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.42
IQD552
|
$2.70
ISK371
|
|
| Bottle of water (11 fl. oz) |
$0.20
IQD265
|
$1.95
ISK268
|
|
pay 3.2 times more for groceries
|
Iraq
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.79
IQD1,041
|
$3.16
ISK433
|
|
| Local cheese (8 oz) |
$2.41
IQD3,152
|
$6.72
ISK922
|
|
| Milk (1 gallon) |
$4.46
IQD5,839
|
$6.27
ISK861
|
|
|
Eggs
1 dozen
|
$1.75
IQD2,291
|
$6.03
ISK828
|
|
| Boneless chicken breast (1 lb) |
$1.96
IQD2,569
|
$7.60
ISK1,043
|
|
| Apples (1 lb) |
$0.48
IQD625
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.51
IQD665
|
$1.01
ISK138
|
|
| Oranges (1 lb) |
$0.46
IQD598
|
$1.15
ISK158
|
|
| Tomatoes (1 lb) |
$0.30
IQD389
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.27
IQD353
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.27
IQD356
|
$0.68
ISK94
|
|
pay 2.4 times more for transportation
|
Iraq
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$1.96
IQD2,567
|
$8.42
ISK1,156
|
|
| Monthly public transit pass |
$40.17
IQD52,631
|
$68.29
ISK9,373
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$17,142.41
IQD22,459,228
|
$39,714.69
ISK5,450,444
|
|
| Taxi trip in downtown area (5 miles) |
$16.76
IQD21,962
|
$23.23
ISK3,188
|
|
pay 3.9 times more for housing
|
Iraq
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$34.86
IQD45,668
|
$74.47
ISK10,221
|
|
| 1-Bedroom apartment in downtown area |
$280.92
IQD368,052
|
$1,518.94
ISK208,459
|
|
| 1-Bedroom apartment outside city center |
$189.29
IQD247,995
|
$1,325.48
ISK181,909
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.33
IQD90,836
|
$66.99
ISK9,194
|
|
pay 2.6 times more for childcare
|
Iraq
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$141.04
IQD184,778
|
$254.97
ISK34,992
|
|
| Middle school for 1 child, two semesters |
$1,756.35
IQD2,301,099
|
$5,993.83
ISK822,593
|
|
pay 3.0 times more for entertainment and sports
|
Iraq
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.35
IQD3,080
|
$9.37
ISK1,287
|
|
| Cappuccino in mid-range area |
$2.38
IQD3,124
|
$4.61
ISK633
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.03
IQD2,659
|
$11.22
ISK1,539
|
|
| Monthly membership at local gym |
$31.97
IQD41,879
|
$60.00
ISK8,235
|
|
| Movie ticket to theater/cinema |
$8.21
IQD10,758
|
$13.94
ISK1,913
|
|
pay 3.6 times more for clothing
|
Iraq
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.45
IQD32,040
|
$108.23
ISK14,854
|
|
|
Regular dress
from H&M or similar store
|
$24.19
IQD31,694
|
$59.73
ISK8,198
|
|
|
Running shoes
Nike or Adidas
|
$44.63
IQD58,470
|
$146.94
ISK20,166
|
|
| Men's business shoes (leather) |
$39.49
IQD51,744
|
$169.24
ISK23,226
|
|
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