Cost of living comparison
Panama is 2.1 times more expensive than Iraq.
If you lived in Panama instead of Iraq, you would:
pay 3.0 times more for restaurants
Iraq
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.64
IQD6,102
|
$8.45
PAB8.45
|
|
Fast food combo meal
McDonalds, or similar
|
$6.72
IQD8,832
|
$7.90
PAB7.90
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.42
IQD547
|
$1.54
PAB1.54
|
|
Bottle of water (11 fl. oz) |
$0.22
IQD293
|
$1.17
PAB1.17
|
|
pay 2.6 times more for groceries
Iraq
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$0.82
IQD1,071
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$2.51
IQD3,301
|
$5.66
PAB5.66
|
|
Milk (1 gallon) |
$4.56
IQD5,992
|
$6.43
PAB6.43
|
|
Eggs
1 dozen
|
$1.76
IQD2,318
|
$2.53
PAB2.53
|
|
Boneless chicken breast (1 lb) |
$2.21
IQD2,901
|
$3.54
PAB3.54
|
|
Apples (1 lb) |
$0.48
IQD632
|
$2.12
PAB2.12
|
|
Bananas (1 lb) |
$0.52
IQD679
|
$0.61
PAB0.61
|
|
Oranges (1 lb) |
$0.44
IQD583
|
$1.29
PAB1.29
|
|
Tomatoes (1 lb) |
$0.30
IQD400
|
$1.16
PAB1.16
|
|
Potatoes (1 lb) |
$0.28
IQD364
|
$0.98
PAB0.98
|
|
Onions (1 lb) |
$0.28
IQD369
|
$1.01
PAB1.01
|
|
pay 22.0% more for transportation
Iraq
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$1.93
IQD2,530
|
$3.92
PAB3.92
|
|
Monthly public transit pass |
$39.46
IQD51,854
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$16,587.19
IQD21,794,329
|
$18,916.67
PAB18,916.67
|
|
Taxi trip in downtown area (5 miles) |
$15.54
IQD20,413
|
$16.61
PAB16.61
|
|
pay 2.0 times more for housing
Iraq
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$34.52
IQD45,363
|
$47.61
PAB47.61
|
|
1-Bedroom apartment in downtown area |
$280.02
IQD367,920
|
$747.76
PAB747.76
|
|
1-Bedroom apartment outside city center |
$188.34
IQD247,461
|
$567.84
PAB567.84
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.51
IQD87,386
|
$69.20
PAB69.20
|
|
pay 2.7 times more for childcare
Iraq
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$139.67
IQD183,513
|
$302.08
PAB302.08
|
|
Middle school for 1 child, two semesters |
$2,045.09
IQD2,687,093
|
$6,548.17
PAB6,548.17
|
|
pay 43.8% more for entertainment and sports
Iraq
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.57
IQD3,379
|
$1.95
PAB1.95
|
|
Cappuccino in mid-range area |
$2.36
IQD3,102
|
$3.39
PAB3.39
|
|
Pack of cigarettes
Marlboro or similar
|
$2.06
IQD2,702
|
$5.38
PAB5.38
|
|
Monthly membership at local gym |
$32.77
IQD43,061
|
$57.20
PAB57.20
|
|
Movie ticket to theater/cinema |
$8.37
IQD11,003
|
$5.33
PAB5.33
|
|
pay 94.7% more for clothing
Iraq
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$23.65
IQD31,071
|
$47.41
PAB47.41
|
|
Regular dress
from H&M or similar store
|
$25.45
IQD33,446
|
$34.81
PAB34.81
|
|
Running shoes
Nike or Adidas
|
$48.29
IQD63,448
|
$81.21
PAB81.21
|
|
Men's business shoes (leather) |
$36.75
IQD48,283
|
$100.42
PAB100.42
|
|
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