Cost of living comparison

 Reykjavik, Iceland
compared to
 Baghdad, Iraq
Baghdad vs. Reykjavik Cost of Living Summary
Baghdad vs. Reykjavik Cost Breakdown

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

pay 77.3% less for restaurants

 
Reykjavik
Baghdad
Basic meal with drink at inexpensive restaurant $20.00
ISK2,419
$5.31
IQD6,957
Fast food combo meal
McDonalds, or similar
$18.02
ISK2,179
$7.59
IQD9,938
Bottle of Coca-Cola (11 fl. oz) $3.15
ISK381
$0.42
IQD552

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pay 65.3% less for groceries

 
Reykjavik
Baghdad
Bread
1 loaf
$3.61
ISK437
$0.88
IQD1,147
Local cheese (8 oz) $7.76
ISK938
$2.38
IQD3,115
Milk (1 gallon) $6.40
ISK774
$5.13
IQD6,716

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pay 59.9% less for transportation

 
Reykjavik
Baghdad
Gasoline (1 gallon) $8.50
ISK1,028
$1.78
IQD2,336
Monthly public transit pass $74.95
ISK9,064
$22.77
IQD29,814
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,133,533
$18,213.31
IQD23,851,425

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pay 25.7% less for housing

 
Reykjavik
Baghdad
Internet connection
50 mbps or faster, cable/dsl
$69.87
ISK8,449
$35.21
IQD46,110
1-Bedroom apartment in downtown area $1,971.17
ISK238,374
$443.62
IQD580,953
1-Bedroom apartment outside city center $1,803.44
ISK218,090
$264.28
IQD346,087

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pay 39.1% less for childcare

 
Reykjavik
Baghdad
Private preschool for 1 child, monthly $252.14
ISK30,491
$162.43
IQD212,709
Middle school for 1 child, two semesters $5,993.99
ISK724,854
$3,438.23
IQD4,502,565

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pay 62.4% less for entertainment and sports

 
Reykjavik
Baghdad
Domestic/local beer (1 pint) $10.81
ISK1,307
$2.28
IQD2,981
Cappuccino in mid-range area $5.31
ISK642
$2.89
IQD3,789
Pack of cigarettes
Marlboro or similar
$12.25
ISK1,481
$2.28
IQD2,981

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pay 60.9% less for clothing

 
Reykjavik
Baghdad
Regular jeans
Levi's brand
$108.97
ISK13,178
$28.72
IQD37,616
Regular dress
from H&M or similar store
$49.72
ISK6,013
$34.03
IQD44,566
Running shoes
Nike or Adidas
$151.85
ISK18,364
$61.01
IQD79,893

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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: July 2025
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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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