Published: Monday, 21th October 2024
The cost of living in Iraq is 1.18 times less expensive as compared to Panama.
On this page, you will find side-by-side cost comparison between Iraq and Panama. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Iraq and Panama.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
Indicators | Iraq | Panama |
---|---|---|
1 BHK Apartment in City Center | 700,000 IQD (532 USD) | 1,200 PAB (1,200 USD) |
2 BHK Apartment in City Center | 1,200,000 IQD (912 USD) | 2,000 PAB (2,000 USD) |
3 BHK Apartment in City Center | 1,800,000 IQD (1,368 USD) | 3,000 PAB (3,000 USD) |
1 BHK Apartment outside City Center | 400,000 IQD (304 USD) | 800 PAB (800 USD) |
2 BHK Apartment outside City Center | 700,000 IQD (532 USD) | 1,200 PAB (1,200 USD) |
3 BHK Apartment outside City Center | 1,200,000 IQD (912 USD) | 1,800 PAB (1,800 USD) |
Mortgage Rates Per Month | 12 % | 1.3 % |
Realtor Commission | 1.5 % | 5 % |
Property Taxes | Yet to Update | 0.6 to 1.0 % |
The average housing cost in Iraq is 2.24 times less expensive than Panama.
Indicators | Iraq | Panama |
---|---|---|
Basic Home Furnishing | 2,000,000 IQD (1,520 USD) | 3,000 PAB (3,000 USD) |
Electricity Cost Per Month | 150,000 IQD (114 USD) | 150 PAB (150 USD) |
Heating Cost Per Month | 200,000 IQD (152 USD) | 100 PAB (100 USD) |
Cooling Cost Per Month | 100,000 IQD (76 USD) | 80 PAB (80 USD) |
Water Supply Cost Per Month | 50,000 IQD (38 USD) | 60 PAB (60 USD) |
If you lived in Iraq, instead of Panama, you would have to pay 43.95% less for Utilities.
The basic home furnishing in Iraq costs 1.97 times less compared to Panama.
Indicators | Iraq | Panama |
---|---|---|
Standard Wifi Cost Per Month | 75,000 IQD (57 USD) | 70 PAB (70 USD) |
Mobile Phone Basic Plan Cost Per Month | 50,000 IQD (38 USD) | 50 PAB (50 USD) |
Landline Basic Plan Cost Per Month | 30,000 IQD (22.80 USD) | 30 PAB (30 USD) |
Cable TV Basic Plan Cost Per Month | 80,000 IQD (60.80 USD) | 80 PAB (80 USD) |
The internet and communication costs 22.35% less in Iraq compared to Panama.
Indicators | Iraq | Panama |
---|---|---|
Long Grain Rice (1 KG) | 1,500 IQD (1.14 USD) | 2 PAB (2 USD) |
Milk (1 Liter) | 1,000 IQD (0.76 USD) | 1.50 PAB (1.50 USD) |
Water (1 Liter) | 500 IQD (0.38 USD) | 0.50 PAB (0.50 USD) |
Bread (500 gm) | 500 IQD (0.38 USD) | 1 PAB (1 USD) |
Eggs (1 Dozen) | 1,200 IQD (0.91 USD) | 3 PAB (3 USD) |
Cheese (1 KG) | 3,000 IQD (2.28 USD) | 5 PAB (5 USD) |
Chicken Breast (1 KG) | 2,000 IQD (1.52 USD) | 7 PAB (7 USD) |
In Iraq, the cost of 1 Liter Water and 1 Liter Milk is 1.75 times less expensive than the cost in Panama.
If you lived in Iraq, instead of Panama, you would have to pay 63.14% less for Groceries.
Indicators | Iraq | Panama |
---|---|---|
Apples (1 KG) | 1,200 IQD (0.91 USD) | 3 PAB (3 USD) |
Bananas (1 KG) | 1,000 IQD (0.76 USD) | 1.50 PAB (1.50 USD) |
Oranges (1 KG) | 1,500 IQD (1.14 USD) | 2 PAB (2 USD) |
Tomatoes (1 KG) | 1,000 IQD (0.76 USD) | 2 PAB (2 USD) |
Potatoes (1 KG) | 700 IQD (0.53 USD) | 1 PAB (1 USD) |
Lemons (1 KG) | 1,500 IQD (1.14 USD) | 2.50 PAB (2.50 USD) |
Onions (1 KG) | 1,000 IQD (0.76 USD) | 1.50 PAB (1.50 USD) |
Lentils (1 KG) | 1,200 IQD (0.91 USD) | 2.50 PAB (2.50 USD) |
If you lived in Iraq, instead of Panama, you would have to pay 2.31 times less for Fruits and Vegetables.
Indicators | Iraq | Panama |
---|---|---|
Meal at a Resonable Restaurant | 1,500 IQD (1.14 USD) | 12 PAB (12 USD) |
Three-Course Meal for Two | 5,000 IQD (3.80 USD) | 30 PAB (30 USD) |
Fast Food Combo Meal | 1,000 IQD (0.76 USD) | 6 PAB (6 USD) |
Normal Coffee | 500 IQD (0.38 USD) | 2.50 PAB (2.50 USD) |
Soft Drink | 300 IQD (0.23 USD) | 1.50 PAB (1.50 USD) |
Pizza for One | 3,000 IQD (2.28 USD) | 12 PAB (12 USD) |
Take-Out Delivery Meal | 1,500 IQD (1.14 USD) | 10 PAB (10 USD) |
Cigarette Pack of 20 | 2,000 IQD (1.52 USD) | 6 PAB (6 USD) |
Dining-Out costs 85.94% less in Iraq compared to Panama.
Indicators | Iraq | Panama |
---|---|---|
Wine Mid-Range Bottle | 5,000 IQD (3.80 USD) | 15 PAB (15 USD) |
Glass of Wine | 1,500 IQD (1.14 USD) | 6 PAB (6 USD) |
Domestic Beer Half Liter | 1,000 IQD (0.76 USD) | 2.50 PAB (2.50 USD) |
Imported Beer Half Liter | 1,500 IQD (1.14 USD) | 4 PAB (4 USD) |
Domestic Alcohol 1 Liter | 2,500 IQD (1.90 USD) | 15 PAB (15 USD) |
Branded Alcohol 1 Liter | 4,000 IQD (3.04 USD) | 25 PAB (25 USD) |
If you lived in Iraq, instead of Panama, you would have to pay 5.73 times less for usual hard drinks.
Indicators | Iraq | Panama |
---|---|---|
Monthly Public Transportation Pass | 50,000 IQD (38 USD) | 50 PAB (50 USD) |
Single Public Transportation Ticket | 500 IQD (0.38 USD) | 1.50 PAB (1.50 USD) |
Single Train Ticket | 800,000 IQD (608 USD) | Yet to Update () |
Domestic Airplane Ticket | 500,000 IQD (380 USD) | 100 PAB (100 USD) |
Taxi Start Fare | 1,000 IQD (0.76 USD) | 3 PAB (3 USD) |
Taxi Rate Per Kilometer | 500 IQD (0.38 USD) | 1.50 PAB (1.50 USD) |
Car Rental Per Day | 50,000 IQD (38 USD) | 30 PAB (30 USD) |
Parking Fees in City Center Per Hour | 500 IQD (0.38 USD) | 2 PAB (2 USD) |
Parking Fees outside City Center Per Hour | 300 IQD (0.23 USD) | 1 PAB (1 USD) |
If you lived in Iraq, instead of Panama, you would have to pay 5.64 times more for transportation.
Indicators | Iraq | Panama |
---|---|---|
Reasonable Vehicle Purchase Cost | 15,000,000 IQD (11,400 USD) | 15,000 PAB (15,000 USD) |
Vehicle Registration Cost | 2,000,000 IQD (1,520 USD) | 80 PAB (80 USD) |
Driving License Fees | 200,000 IQD (152 USD) | 50 PAB (50 USD) |
Car Insurance Cost | 1,500,000 IQD (1,140 USD) | 400 PAB (400 USD) |
Car Maintenance Cost | 200,000 IQD (152 USD) | 150 PAB (150 USD) |
Car Loan Interest Rates | 15 % | 6 % |
Fuel Per Liter | 1,200 IQD (0.91 USD) | 1.20 PAB (1.20 USD) |
Fuel Per Gallon | 5,000 IQD (3.80 USD) | 4.50 PAB (4.50 USD) |
Average Toll Fees | Yet to Update | 5 PAB 5 USD |
You would have to pay 1.09 times less for Vehicle purchase, daily operation and maintenance in Iraq compared to that of Panama.
Indicators | Iraq | Panama |
---|---|---|
Doctor Visit | 50,000 IQD (38 USD) | 50 PAB (50 USD) |
Specialist Visit | 100,000 IQD (76 USD) | 100 PAB (100 USD) |
Dentist Visit | 80,000 IQD (60.80 USD) | 70 PAB (70 USD) |
Eye Exam | 60,000 IQD (45.60 USD) | 50 PAB (50 USD) |
Mental Health Counseling | 80,000 IQD (60.80 USD) | 100 PAB (100 USD) |
Preventive Health Screening | 30,000 IQD (22.80 USD) | 50 PAB (50 USD) |
Physical Therapy | 60,000 IQD (45.60 USD) | 75 PAB (75 USD) |
Emergency Room Visit | 150,000 IQD (114 USD) | 300 PAB (300 USD) |
Hospital Stay Per Night | 200,000 IQD (152 USD) | 150 PAB (150 USD) |
Vaccinations | 20,000 IQD (15.20 USD) | 30 PAB (30 USD) |
Prescription Medication | 10,000 IQD (7.60 USD) | 20 PAB (20 USD) |
Over the Counter Medication | 5,000 IQD (3.80 USD) | 10 PAB (10 USD) |
Health Insurance Premiums | 1,500,000 IQD (1,140 USD) | 150 PAB (150 USD) |
Health Insurance Deductibles | 200,000 IQD (152 USD) | 75 PAB (75 USD) |
If you lived in Iraq, instead of Panama, you would have to pay 1.57 times more for Health and Medical Treatment.
Indicators | Iraq | Panama |
---|---|---|
Cosmetic Procedures | 300,000 IQD (228 USD) | 200 PAB (200 USD) |
Spa Treatment | 75,000 IQD (57 USD) | 75 PAB (75 USD) |
Manicure Pedicure Cost | 25,000 IQD (19 USD) | 30 PAB (30 USD) |
Optical Glasses Cost | 40,000 IQD (30.40 USD) | 80 PAB (80 USD) |
Contact Lenses Cost | 60,000 IQD (45.60 USD) | 40 PAB (40 USD) |
Haircuts | 10,000 IQD (7.60 USD) | 15 PAB (15 USD) |
Hair Coloring | 30,000 IQD (22.80 USD) | 40 PAB (40 USD) |
Shampoo Price | 2,000 IQD (1.52 USD) | 5 PAB (5 USD) |
Toothpaste Price | 1,000 IQD (0.76 USD) | 2 PAB (2 USD) |
If you lived in Iraq, instead of Panama, you would have to pay 1.18 times less for Personal Care Items and Treatment.
Indicators | Iraq | Panama |
---|---|---|
Pair of Nike Running Shoes | 100,000 IQD (76 USD) | 80 PAB (80 USD) |
Men's Shirt | 50,000 IQD (38 USD) | 25 PAB (25 USD) |
Women's Dress | 80,000 IQD (60.80 USD) | 40 PAB (40 USD) |
Summer Dress | 40,000 IQD (30.40 USD) | 30 PAB (30 USD) |
Men's Suit | 500,000 IQD (380 USD) | 100 PAB (100 USD) |
Men's Jeans | 75,000 IQD (57 USD) | 40 PAB (40 USD) |
Women's Jeans | 60,000 IQD (45.60 USD) | 30 PAB (30 USD) |
Men's Formal Shoes | 80,000 IQD (60.80 USD) | 80 PAB (80 USD) |
Women's Formal Shoes | 70,000 IQD (53.20 USD) | 80 PAB (80 USD) |
Men's Casual Shoes | 60,000 IQD (45.60 USD) | 50 PAB (50 USD) |
Women's Casual Shoes | 50,000 IQD (38 USD) | 50 PAB (50 USD) |
Underwear For Men | 10,000 IQD (7.60 USD) | 8 PAB (8 USD) |
Underwear For Women | 10,000 IQD (7.60 USD) | 12 PAB (12 USD) |
Socks For Men | 5,000 IQD (3.80 USD) | 3 PAB (3 USD) |
Socks For Women | 5,000 IQD (3.80 USD) | 3 PAB (3 USD) |
Wintercoat for Adults | 100,000 IQD (76 USD) | 80 PAB (80 USD) |
Sportswear | 70,000 IQD (53.20 USD) | 40 PAB (40 USD) |
If you lived in Iraq, instead of Panama, you would have to pay 1.38 times more for Clothing and Footwear for Adults.
Indicators | Iraq | Panama |
---|---|---|
Children's Jeans | 30,000 IQD (22.80 USD) | 20 PAB (20 USD) |
Children's Normal Sneakers | 40,000 IQD (30.40 USD) | 30 PAB (30 USD) |
Children's Winter Coat | 60,000 IQD (45.60 USD) | 40 PAB (40 USD) |
Daycare for Infant | 200,000 IQD (152 USD) | 200 PAB (200 USD) |
Daycare for Toddler | 150,000 IQD (114 USD) | 150 PAB (150 USD) |
Childcare for Sick Days | 100,000 IQD (76 USD) | 30 PAB (30 USD) |
Early Childhood Education Programs | 150,000 IQD (114 USD) | 150 PAB (150 USD) |
Extra Curricular Activities | 30,000 IQD (22.80 USD) | 100 PAB (100 USD) |
Summer Camp for Kids | 100,000 IQD (76 USD) | 150 PAB (150 USD) |
If you lived in Iraq, instead of Panama, you would have to pay 1.33 times less for Childcare and kids clothing.
Indicators | Iraq | Panama |
---|---|---|
PreSchool Fees | 100,000 IQD (76 USD) | 250 PAB (250 USD) |
Primary School Fees | 500,000 IQD (380 USD) | 400 PAB (400 USD) |
Secondary School Fees | 600,000 IQD (456 USD) | 600 PAB (600 USD) |
Private School Fees | 1,000,000 IQD (760 USD) | 1,000 PAB (1,000 USD) |
University Tuition Fees | 5,000,000 IQD (3,800 USD) | 2,500 PAB (2,500 USD) |
University Private Tuition Fees | 7,000,000 IQD (5,320 USD) | 3,500 PAB (3,500 USD) |
After School Activities | 50,000 IQD (38 USD) | 75 PAB (75 USD) |
Special Education Services | 100,000 IQD (76 USD) | 200 PAB (200 USD) |
Tutoring | 20,000 IQD (15.20 USD) | 30 PAB (30 USD) |
Textbooks Cost | 50,000 IQD (38 USD) | 50 PAB (50 USD) |
School Supplies | 30,000 IQD (22.80 USD) | 30 PAB (30 USD) |
If you lived in Iraq, instead of Panama, you would have to pay 1.27 times more for school and education.
Indicators | Iraq | Panama |
---|---|---|
Movie Ticket (Single) | 10,000 IQD (7.60 USD) | 8 PAB (8 USD) |
Theater Ticket (Single) | 25,000 IQD (19 USD) | 15 PAB (15 USD) |
Concert Ticket (Single) | 30,000 IQD (22.80 USD) | 25 PAB (25 USD) |
Sports Event Ticket (Single) | 20,000 IQD (15.20 USD) | 15 PAB (15 USD) |
Gym Membership | 50,000 IQD (38 USD) | 40 PAB (40 USD) |
Swimming Pool Access | 20,000 IQD (15.20 USD) | 25 PAB (25 USD) |
Museum Entry Ticket | 10,000 IQD (7.60 USD) | 8 PAB (8 USD) |
Zoo Entry Ticket | 15,000 IQD (11.40 USD) | 12 PAB (12 USD) |
Amusement Park Entry Ticket | 30,000 IQD (22.80 USD) | 20 PAB (20 USD) |
Bowling | 10,000 IQD (7.60 USD) | 15 PAB (15 USD) |
Mini Golf | 15,000 IQD (11.40 USD) | 12 PAB (12 USD) |
Video Games | 30,000 IQD (22.80 USD) | 40 PAB (40 USD) |
Streaming Services | 20,000 IQD (15.20 USD) | 12 PAB (12 USD) |
Outdoor Equipment Rental | 10,000 IQD (7.60 USD) | 15 PAB (15 USD) |
Theme Park Annual Pass | 150,000 IQD (114 USD) | 500 PAB (500 USD) |
If you lived in Iraq, instead of Panama, you would have to pay 2.25 times less for entertainment, recreation and fun activities.
Indicators | Iraq | Panama |
---|---|---|
Language Classes | 50,000 IQD (38 USD) | 150 PAB (150 USD) |
Parenting Classes | 30,000 IQD (22.80 USD) | 150 PAB (150 USD) |
Art Classes | 30,000 IQD (22.80 USD) | 25 PAB (25 USD) |
Fitness Classes | 20,000 IQD (15.20 USD) | 25 PAB (25 USD) |
Music Lessons | 50,000 IQD (38 USD) | 30 PAB (30 USD) |
Dance Lessons | 40,000 IQD (30.40 USD) | 30 PAB (30 USD) |
Reading Materials for Classes | 10,000 IQD (7.60 USD) | 8 PAB (8 USD) |
Educational Software | 20,000 IQD (15.20 USD) | 150 PAB (150 USD) |
If you lived in Iraq, instead of Panama, you would have to pay 2.99 times less for Private Classes.
Indicators | Iraq | Panama |
---|---|---|
Average Gross Monthly Salary | 1,200,000 IQD (912 USD) | 1,500 PAB (1,500 USD) |
Average Net Monthly Salary | 900,000 IQD (684 USD) | 1,200 PAB (1,200 USD) |
Minimum Wages | 20,000 IQD per hour (15.20 USD) | 20 PAB per hour (20 USD) |
Average Bonus | 300,000 IQD (228 USD) | 150 PAB (150 USD) |
Income Tax Rate | 0 to 15 % | 0 to 7 % |
Social Security Contributions | 5 % | 9 % |
Pension Contributions | 5 % | 10 % |
Cost of Living Index | 45 | 50 |
Median Household Income | 850,000 IQD (646 USD) | 1,200 PAB (1,200 USD) |
If you lived in Iraq, you would earn 1.64 times less salary as compared to Panama.
Indicators | Iraq | Panama |
---|---|---|
Legal Consultation Per Hour Rate | 100,000 IQD (76 USD) | 100 PAB (100 USD) |
Accounting Services Per Hour Rate | 75,000 IQD (57 USD) | 80 PAB (80 USD) |
IT Support Services Per Hour Rate | 80,000 IQD (60.80 USD) | 80 PAB (80 USD) |
Technician Services Per Hour Rate | 70,000 IQD (53.20 USD) | 60 PAB (60 USD) |
Professional Services cost 1.30 times less in Iraq, as compared to Panama.
We hope you enjoyed the detailed guide on the cost of living comparsion between Iraq and Panama.
For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.
The Comparedoo.com family sincerely appreciates your time with us. We look forward to seeing you on our other pages.