Verified Facts

Official NameRepublic of Iraq
CapitalBaghdad
Population46.1 million
Area438,317 km² (169,235 sq mi)
LanguagesArabic, Aramaic, Sorani
CurrencyIraqi dinar (ع.د)
TimezoneUTC+03:00
RegionAsia / Western Asia
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$14,464 (2024)
Inflation Rate-12.3% (2024)
Health Spend per Capita$333 (2023)
Out-of-Pocket Health Spend54.0% (2023)
Source: World Bank Open Data

Iraq is generally cheaper than Turkey, with an approximate overall cost of living difference of 20-30% in favor of Iraq.

Quick Facts

Iraq GDP per Capita (PPP)$6,449
Turkey GDP per Capita (PPP)$28,429
Iraq Inflation Rate2.5%
Turkey Inflation Rate11.2%
Overall Winner (Cheaper)Iraq

Overview: Iraq vs Turkey

The cost of living in Iraq and Turkey varies significantly due to differences in economic context, lifestyle, and purchasing power. Iraq has a lower GDP per capita and inflation rate compared to Turkey, which contributes to its lower cost of living. In general, Iraq offers a more affordable lifestyle, with lower prices for housing, food, and transportation. However, Turkey provides a more developed infrastructure, better healthcare, and a wider range of amenities, which may justify its higher costs for some expats and travelers.

The economic context of both countries also plays a crucial role in determining the cost of living. Iraq's economy is largely driven by oil exports, while Turkey has a more diversified economy with a strong focus on manufacturing, tourism, and services. This diversity contributes to Turkey's higher costs, but also provides a more stable and predictable environment for businesses and individuals. In contrast, Iraq's economy is more vulnerable to fluctuations in global oil prices, which can impact the cost of living and overall stability.

Rent & Housing Comparison

ItemIraq (USD)Turkey (USD)Difference
1BR Apartment (City Center)$150$25040% cheaper in Iraq
1BR Apartment (Outside)$100$18044% cheaper in Iraq
3BR Apartment (City Center)$300$50040% cheaper in Iraq

Food & Dining Comparison

ItemIraq (USD)Turkey (USD)Difference
Meal at Restaurant$5$1050% cheaper in Iraq
Groceries (monthly)$100$15033% cheaper in Iraq
Beer (500ml)$2$333% cheaper in Iraq
Coffee$1$250% cheaper in Iraq

Transport Comparison

ItemIraq (USD)Turkey (USD)Difference
Monthly Transit Pass$10$2560% cheaper in Iraq
Taxi (per km)$0.50$150% cheaper in Iraq
Fuel (per liter)$0.50$1.2058% cheaper in Iraq

Utilities & Internet Comparison

ItemIraq (USD)Turkey (USD)Difference
Utilities (85 sqm apt)$50$8037% cheaper in Iraq
Internet (60 Mbps)$20$3033% cheaper in Iraq
Mobile Plan$10$2050% cheaper in Iraq

Monthly Budget Comparison

Budget TierIraq (USD)Turkey (USD)Savings
Budget$400$60033% savings in Iraq
Mid-Range$800$1,20033% savings in Iraq
Comfortable$1,500$2,50040% savings in Iraq

Where Each Country Wins

  • Iraq is cheaper for:
  • Housing, with apartments ranging from 40-44% cheaper than in Turkey
  • Food, with meals and groceries costing 33-50% less than in Turkey
  • Transportation, with taxis, fuel, and transit passes costing 50-60% less than in Turkey
  • Turkey is cheaper for:
  • Certain luxury goods, such as high-end electronics and clothing, which may be 10-20% cheaper than in Iraq
  • Tourist attractions and activities, which can be more affordable and accessible in Turkey
  • Healthcare, with better-equipped hospitals and more qualified medical staff available in Turkey

Bottom Line

For expats, students, and retirees, Iraq may offer a more affordable lifestyle, with significant savings on housing, food, and transportation. However, Turkey provides a more developed infrastructure, better healthcare, and a wider range of amenities, which may be worth the extra cost for some individuals. Families may also prefer Turkey for its more stable and predictable environment, as well as its better schools and educational opportunities. Ultimately, the choice between Iraq and Turkey depends on individual priorities and lifestyle preferences. While Iraq is generally cheaper, Turkey offers a more comprehensive and comfortable living experience, making it a better value for those who can afford it.