You could say that the prices in Iraq, when it comes to restaurants, aren’t too high, but they aren’t too low either.
There’s always the option of street food, but if you want to have a meal in one of the restaurants, be ready to pay around 4.81$ – and that’s in an inexpensive restaurant, too.
Mid-range restaurants will cost around 21.01$ per person.
MARKETS
Now, if you choose to make your own food, this is a much cheaper option – and probably a healthier one than eating street food (as delicious as it might be).
Markets in Iraq offer a great range of products, most of them being very affordable, and you’ll know what you’re eating.
TRANSPORTATION
It can be said that transportation is most affordable in Iraq, especially if you’re using public transport and avoiding taxis.
A monthly pass for public transportation is around 28.65$, which is relatively okay but can be expensive for the poor people.
However, a daily ticket is around 0.42$ which is reasonable.
UTILITIES (MONTHLY)
Utilities in Iraq are definitely not cheap.
You can count on cashing out around 100$ just in order to cover the basic bills, like electricity, heating, cooling, and water, but if you’re living in a normal-sized apartment (we mean around 85m2). 1 min. of prepaid mobile services is 0.09$.
SPORTS & LEISURE
This applies to sports and leisure too (with the exception that sports and leisure are optional for everyone, while bills are not).
So, if you want to get in shape in Iraq, count on paying just short of 31.70$.
Cinema tickets here are around 9$ per person so watching movies in Iraq is a rather expensive pastime.
CLOTHING & SHOES
Surprisingly, shopping for clothes and shoes isn’t that expensive in Iraq, so go ahead and immerse yourself in a shopping spree.
Quality jeans cost around 30$, and light pieces of clothes like summer dresses and shirts cost less than that.
Sneakers of brands like Nike are around 45$.
RENT PER MONTH
Rent per month, in comparison to the utilities, is not expensive either.
Of course, it always depends on the part of the city you want to live in, or even the city itself.
Renting an apartment in the city center usually amounts to around 346.7$, and outside of the center is less than that.
How Does the Average Person Spend Their Money in Iraq?
People in Iraq spend most of their money on markets, food, and other necessities.
Apart from that, the biggest part of their expenses is rent – which means there are many people out there renting apartments.
Restaurants and transportation also take up an important part of Iraqi people’s expenses, while sports and leisure also have a high rate in these statistics – this is probably practiced by the high-class society.
Shopping for clothes and shoes is the last on the list, with statistics showing that only 2.6% of all expenses go to clothing.
Salaries in Iraq are higher, which makes sense taking into consideration that the expenses are rather high too.
Still, with rent costing around 300$ and utilities being around 100$ a month, there are surely members of this society that aren’t able to pay all their expenses and make ends meet.
For instance, those with a minimum monthly wage, which is 241.4 per month, surely have problems paying for necessities and with such a low minimum wage, they surely don’t have enough to indulge in sports, leisure, or buy new clothes regularly.
The mortgage interest rate in this country is also relatively high.
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