🇮🇶 Cost of Living in Iraq - Prices & Budget Guide
Last updated: February 2026
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
Quick Facts
Cost LevelAffordable
Daily Budget (Backpacker)$20-40 USD
Daily Budget (Mid-Range)$40-80 USD
Daily Budget (Comfort)$80-150 USD
CurrencyIQD
Tipping Customnot expected
How Expensive Is Iraq?
Iraq is considered an affordable country to visit or live in, with a cost of living that is lower than many of its neighbors in the Middle East. The country's economy has been affected by years of conflict and instability, which has kept prices relatively low. However, prices can vary depending on the location, with cities like Baghdad and Erbil tend to be more expensive than smaller towns and rural areas. Overall, Iraq offers a great value for travelers and expats who are looking for an affordable destination with a rich history and culture.
Compared to its neighbors, Iraq is generally cheaper than countries like Turkey and Jordan, but more expensive than Iran. The cost of living in Iraq is also affected by the security situation, with some areas being more expensive due to the need for additional security measures. Despite these challenges, Iraq remains a great destination for budget-conscious travelers and expats who are looking for an affordable and unique experience.
Accommodation Prices
Type
Price Range (USD/night)
Notes
Hostel/Budget
$10-20
Basic rooms with shared facilities, often in old buildings
Mid-Range Hotel
$30-60
Comfortable rooms with private bathrooms, air conditioning, and Wi-Fi
Luxury/Resort
$100-200
High-end hotels with modern amenities, pools, and restaurants
Apartment Rent (monthly)
$200-500
Furnished apartments in city centers, prices vary depending on location and amenities
Food & Dining Prices
Meal Type
Price Range (USD)
Street Food / Local Eatery
$3-5
Casual Restaurant
$10-20
Mid-Range Restaurant (2 people)
$20-40
Fine Dining
$50-100
Beer (local)
$5-10
Coffee
$2-5
Water (1.5L bottle)
$1-2
Transport Costs
Transport
Cost (USD)
Local bus/metro ride
$0.50-1
Taxi (per km)
$1-2
Domestic flight
$100-200
Fuel (per liter)
$0.50-1
Monthly Budget Breakdown
Category
Budget ($)
Mid-Range ($)
Comfortable ($)
Rent
200
400
800
Food
200
400
600
Transport
50
100
200
Utilities
50
100
150
Entertainment
100
200
300
Total
600
1200
2050
Money-Saving Tips
Consider staying in budget-friendly accommodations, such as hostels or guesthouses, to save on rent.
Eat at local eateries or street food stalls, which offer delicious and affordable meals.
Use public transportation, such as buses or taxis, instead of renting a car or hiring a private driver.
Avoid traveling during peak season, when prices for accommodations and transportation tend to be higher.
Learn some basic Arabic phrases, such as "hello" and "thank you", to show respect for the local culture and people.
Be prepared to haggle when shopping at markets or bazaars, as this is a common practice in Iraq.