Cost Of Living in Al-Mawsil 2025

cost of living chart - average monthly expenditure in Al-Mawsil

Average monthly spending for singles, couples, students, and families in Al-Mawsil

Whether you're living in Al-Mawsil or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Average Monthly Expenditure

Currency: IQD
68,000 890,000 8.9M
MINIMUM AVERAGE MAXIMUM
$52 $680 $6,800

Monthly Expenditure ▶ Single

Currency: IQD
86,000 620,000 4.1M
MINIMUM AVERAGE MAXIMUM
$66 $470 $3,100

Monthly Expenditure ▶ Couple

Currency: IQD
340,000 1M 5.5M
MINIMUM AVERAGE MAXIMUM
$260 $780 $4,200

Monthly Expenditure ▶ Family

Currency: IQD
480,000 1.4M 8.9M
MINIMUM AVERAGE MAXIMUM
$370 $1,000 $6,800

Monthly Expenditure ▶ Student

Currency: IQD
68,000 450,000 3M
MINIMUM AVERAGE MAXIMUM
$52 $350 $2,300
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.

Singles

The average monthly expense for a single person living in Al-Mawsil is 620,000 IQD. Expenses can range from 86,000 IQD at the minimum level to 4.1M IQD at the highest end.


Couples

The average monthly spending of couples in Al-Mawsil is 1M IQD. Expenditure can range from 340,000 IQD to 5.5M IQD per month.


Families

The average cost of living for families in Al-Mawsil is 1.4M IQD per month. Families spend anywhere from 480,000 IQD to 8.9M IQD.


Students

The average monthly expenditure for students in Al-Mawsil is 450,000 IQD. Students spend from 68,000 IQD to 3M IQD per month.


Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.



Prices and cost of goods and services in Al-Mawsil


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Al-Mawsil

Dining, food, and beverages costs


Fast food combo meal

1,000 IQD 2,000 IQD 3,400 IQD
MINIMUM AVERAGE MAXIMUM
$0.77 $1.5 $2.6

Restaurant meal for one

3,200 IQD 4,800 IQD 9,600 IQD
MINIMUM AVERAGE MAXIMUM
$2.4 $3.7 $7.3

Fine dining meal for one

6,400 IQD 9,600 IQD 38,000 IQD
MINIMUM AVERAGE MAXIMUM
$4.9 $7.3 $29

Cappuccino or latte

840 IQD 1,300 IQD 2,000 IQD
MINIMUM AVERAGE MAXIMUM
$0.64 $1 $1.5

Grocery and market costs


Milk large bottle

670 IQD 810 IQD 1,000 IQD
MINIMUM AVERAGE MAXIMUM
$0.51 $0.62 $0.77

12 eggs

500 IQD 670 IQD 1,000 IQD
MINIMUM AVERAGE MAXIMUM
$0.39 $0.51 $0.77

Fresh whole chicken

1,100 IQD 1,500 IQD 2,100 IQD
MINIMUM AVERAGE MAXIMUM
$0.88 $1.1 $1.6

Pack of beef

1,300 IQD 2,000 IQD 4,000 IQD
MINIMUM AVERAGE MAXIMUM
$1 $1.5 $3.1

Medium bag of rice

540 IQD 740 IQD 1,100 IQD
MINIMUM AVERAGE MAXIMUM
$0.41 $0.57 $0.80

Bag of tomatos

200 IQD 270 IQD 500 IQD
MINIMUM AVERAGE MAXIMUM
$0.15 $0.21 $0.39

Bag of apples

360 IQD 470 IQD 780 IQD
MINIMUM AVERAGE MAXIMUM
$0.28 $0.36 $0.59
Chart showing the prices and cost of commute, travel, and transportation in Al-Mawsil

Commute, travel, and transportation costs


20 minutes taxi ride

800 IQD 960 IQD 1,900 IQD
MINIMUM AVERAGE MAXIMUM
$0.61 $0.73 $1.5

Average car full tank

5,000 IQD 6,700 IQD 13,000 IQD
MINIMUM AVERAGE MAXIMUM
$3.9 $5.1 $10

Average car 1-day rental

4,500 IQD 6,000 IQD 9,000 IQD
MINIMUM AVERAGE MAXIMUM
$3.4 $4.6 $6.9

Average car price

2.5M IQD 5M IQD 6.7M IQD
MINIMUM AVERAGE MAXIMUM
$1,900 $3,900 $5,100

Bus ticket one way

150 IQD 230 IQD 450 IQD
MINIMUM AVERAGE MAXIMUM
$0.11 $0.17 $0.34

Car Service

6,000 IQD 9,000 IQD 18,000 IQD
MINIMUM AVERAGE MAXIMUM
$4.6 $6.9 $14
Chart showing the prices and cost of utility, energy, water, and gas for a family in Al-Mawsil

Utility cost (monthly)


Utility Bill - Individual

5,200 IQD 37,000 IQD 250,000 IQD
MINIMUM AVERAGE MAXIMUM
$4 $28 $190

Utility Bill - Couple

14,000 IQD 46,000 IQD 300,000 IQD
MINIMUM AVERAGE MAXIMUM
$10 $35 $230

Utility Bill - Family

24,000 IQD 68,000 IQD 440,000 IQD
MINIMUM AVERAGE MAXIMUM
$18 $52 $340

Internet and cable

5,000 IQD 10,000 IQD 13,000 IQD
MINIMUM AVERAGE MAXIMUM
$3.9 $7.7 $10

Mobile phone charges

4,000 IQD 6,700 IQD 20,000 IQD
MINIMUM AVERAGE MAXIMUM
$3.1 $5.1 $15

Leisure and activities costs


Movie ticket

2,500 IQD 3,400 IQD 5,000 IQD
MINIMUM AVERAGE MAXIMUM
$1.9 $2.6 $3.9

One month gym membership

7,200 IQD 9,000 IQD 18,000 IQD
MINIMUM AVERAGE MAXIMUM
$5.5 $6.9 $14
Chart showing the prices and cost of clothing and accessories in Al-Mawsil

Cloths and accessories costs


Pair of jeans or pants

5,300 IQD 7,500 IQD 11,000 IQD
MINIMUM AVERAGE MAXIMUM
$4.1 $5.7 $8.6

Woman dress

5,000 IQD 7,000 IQD 23,000 IQD
MINIMUM AVERAGE MAXIMUM
$3.8 $5.3 $17

Woman shoes

4,800 IQD 6,500 IQD 15,000 IQD
MINIMUM AVERAGE MAXIMUM
$3.6 $4.9 $11

Men's shoes

4,100 IQD 5,000 IQD 10,000 IQD
MINIMUM AVERAGE MAXIMUM
$3.1 $3.8 $7.7

Men suit

4,500 IQD 5,600 IQD 30,000 IQD
MINIMUM AVERAGE MAXIMUM
$3.4 $4.3 $23

Regular t-shirt

2,300 IQD 3,000 IQD 9,000 IQD
MINIMUM AVERAGE MAXIMUM
$1.7 $2.3 $6.9
Chart showing the prices and cost of housing, accommodation, and rent in Al-Mawsil

Housing costs / monthly rent


Studio apartment

75,000 IQD 110,000 IQD 300,000 IQD
MINIMUM AVERAGE MAXIMUM
$57 $86 $230

1-bedroom apartment

110,000 IQD 180,000 IQD 450,000 IQD
MINIMUM AVERAGE MAXIMUM
$86 $140 $340

2-bedroom apartment

150,000 IQD 230,000 IQD 600,000 IQD
MINIMUM AVERAGE MAXIMUM
$110 $170 $460

Housing costs / Buying


Studio apartment

15M IQD 23M IQD 45M IQD
MINIMUM AVERAGE MAXIMUM
$11,000 $17,000 $34,000

1-bedroom apartment

18M IQD 30M IQD 110M IQD
MINIMUM AVERAGE MAXIMUM
$14,000 $23,000 $86,000

2-bedroom apartment

30M IQD 90M IQD 180M IQD
MINIMUM AVERAGE MAXIMUM
$23,000 $69,000 $140,000
Chart showing the prices and cost of furniture in Al-Mawsil

Furniture Costs


King Size Bed

100,000 IQD 130,000 IQD 170,000 IQD
MINIMUM AVERAGE MAXIMUM
$77 $96 $130

Double Bed

67,000 IQD 100,000 IQD 130,000 IQD
MINIMUM AVERAGE MAXIMUM
$51 $77 $96

Single Bed

59,000 IQD 78,000 IQD 100,000 IQD
MINIMUM AVERAGE MAXIMUM
$45 $59 $77

Living Room

110,000 IQD 140,000 IQD 500,000 IQD
MINIMUM AVERAGE MAXIMUM
$86 $110 $390

Dining Table

50,000 IQD 67,000 IQD 130,000 IQD
MINIMUM AVERAGE MAXIMUM
$39 $51 $96

Sofa or Couch

67,000 IQD 92,000 IQD 200,000 IQD
MINIMUM AVERAGE MAXIMUM
$51 $70 $150
Chart showing the prices and cost of electronic devices and appliances in Al-Mawsil

Electronics and House Appliance Costs


TV Set

67,000 IQD 100,000 IQD 200,000 IQD
MINIMUM AVERAGE MAXIMUM
$51 $77 $150

Fridge or Freezer

59,000 IQD 92,000 IQD 130,000 IQD
MINIMUM AVERAGE MAXIMUM
$45 $70 $96

Washing Machine

78,000 IQD 110,000 IQD 200,000 IQD
MINIMUM AVERAGE MAXIMUM
$59 $86 $150

Stove or Cooker

72,000 IQD 92,000 IQD 130,000 IQD
MINIMUM AVERAGE MAXIMUM
$55 $70 $96

Mobile Phone

84,000 IQD 100,000 IQD 140,000 IQD
MINIMUM AVERAGE MAXIMUM
$64 $77 $110

Laptop or Computer

92,000 IQD 110,000 IQD 200,000 IQD
MINIMUM AVERAGE MAXIMUM
$70 $86 $150

Expenditure to Income Ratio in Al-Mawsil

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.

Cost of living and expenditure to income ratio in Al-Mawsil

Spending to Income Ratio

74%

68% to 82%

( expenditure / income ) x 100


Expense to income distribution levels

Spending To Income Ratio% People
< 50%3%
50% - 60%8%
60% - 70%14%
70% - 80%24%
80% - 90%22%
90% - 100%12%
100% - 110%6%
110% - 120%4%
120% - 130%3%
130% - 140%3%
> 140%2%

Interpretation and Analysis

The average spending-to-salary ratio in Al-Mawsil is 74% This means that on average, people spend around 74% of their income for living. According to the distribution table, 14% of the population spend approximately 60% to 70% of their income every month.


How can spending be more than income?

A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.



Individual
67%
Spending-Income-Ratio
62%
74%

Couple
71%
Spending-Income-Ratio
65%
78%

Family
78%
Spending-Income-Ratio
72%
86%
Distribution of monthly cost of living expenses in Al-Mawsil

How do people spend their money in Al-Mawsil?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing Expenditure22%

22% of total expenses on average (11% to 30%)

LOW$16   21,000 IQD
AVERAGE$200   270,000 IQD
HIGH$2,000   2.7M IQD
Per Month

People living in Al-Mawsil typically spend from 11% to 30% of their total monthly expenditure on housing with 22% being the average. The average spend on housing is 270,000 IQD with expenditure ranging from 21,000 IQD to 2.7M IQD. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utilities, Electricity, Water, Internet, Mobile8%

8% of total expenses on average (5% to 12%)

LOW$2.6   3,400 IQD
AVERAGE$34   44,000 IQD
HIGH$340   440,000 IQD
Per Month

Utility expenditure like electricity, water, and gas in Al-Mawsil ranges from 5% to 12% of total expenses with 8% being the average. The average monthly cost of utilities is 44,000 IQD with 3,400 IQD and 440,000 IQD being the upper and lower limits.

Transport, Fuel, Commute6%

6% of total expenses on average (3% to 10%)

LOW$5.2   6,800 IQD
AVERAGE$68   89,000 IQD
HIGH$680   890,000 IQD
Per Month

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 6,800 IQD to 890,000 IQD on commuting with 89,000 IQD being the norm for most people in one month. This means that money spent on transport constitutes about 6% of total spending on average but can go as low as 3% or as high as 10%.

Food and Groceries Cost29%

29% of total expenses on average (21% to 35%)

LOW$13   17,000 IQD
AVERAGE$170   220,000 IQD
HIGH$1,700   2.2M IQD
Per Month

The average outlay on groceries in a month in Al-Mawsil is 220,000 IQD. The cost of groceries can range between 17,000 IQD to 2.2M IQD. People spend on average about 29% on food and groceries with upper and lower bounds of 21% and 35% respectively.

Healthcare and Medical Services11%

11% of total expenses on average (6% to 14%)

LOW$3.7   4,800 IQD
AVERAGE$48   62,000 IQD
HIGH$480   620,000 IQD
Per Month

People in Al-Mawsil allocate 6% to 14% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 11%. The range of medical expenses range from 4,800 IQD to 620,000 IQD with 62,000 IQD being the norm.

Leisure and Shopping4%

4% of total expenses on average (2% to 8%)

LOW$2.1   2,700 IQD
AVERAGE$27   36,000 IQD
HIGH$270   360,000 IQD
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 2,700 IQD to 360,000 IQD with 36,000 IQD being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most residents.

Education and Schooling5%

5% of total expenses on average (3% to 11%)

LOW$3.1   4,100 IQD
AVERAGE$41   53,000 IQD
HIGH$410   530,000 IQD
Per Month

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 5% of the monthly expenditure with 3% and 11% being the lower and upper bounds respectively. The average reported education cost is 53,000 IQD per month with 4,100 IQD being the minimum spent amount and 530,000 IQD being the maximum.

Other Expenses15%

15% of total expenses on average (10% to 22%)

LOW$6.8   8,900 IQD
AVERAGE$88   120,000 IQD
HIGH$880   1.2M IQD
Per Month
Percentage of people who manage to save money from their income every month in Al-Mawsil

How much money can you save in Al-Mawsil every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.


What percentage of people in Al-Mawsil manage to save money from their income every month?


Saving Money
51%
Not Saving
49%

Almost 51% of the surveyed people in Al-Mawsil said that they can save some money at the end of each month while 49% said that aren't saving anything.


Percentage of people saving money by population group in Al-Mawsil

GroupSaversNon Savers
Singles52%48%
Couples48%52%
Families44%57%

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


Savings to income ratio in Al-Mawsil

Saving to Income Ratio

6% 11% of income 23%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

22,000 IQD
$17
290,000 IQD
$220
2.9M IQD
$2,200
MINIMUM AVERAGE MAXIMUM

For most people, 6% to 23% of their monthly income is what they can allocate to their savings, with 11% being the average. The amount of money that people can save is approximately 290,000 IQD on average with savings ranging from 22,000 IQD to 2.9M IQD.

52% of surveyed singles reported some of their income going to savings while 48% of couples said the same. 44% of families confirmed their ability to save money.


How much money do people actually save in Al-Mawsil?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.


Singles

Saving to Income Ratio

8.6% 15% of income 25%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

22,000 IQD
$17
200,000 IQD
$150
1.3M IQD
$1,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for singles

Saving To Income Ratio% Singles
0% - 10%33%
10% - 20%26%
20% - 30%17%
30% - 40%12%
40% - 50%9%
> 50%3%

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 8.6% to 25% of their monthly income to savings, with 15% being the average for most singles. The average amount of money that singles are able to save is 200,000 IQD with 22,000 IQD and 1.3M IQD being the minimum and maximum respectively.


Couples

Saving to Income Ratio

6.8% 13% of income 24%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

110,000 IQD
$84
330,000 IQD
$250
1.8M IQD
$1,300
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%37%
10% - 20%28%
20% - 30%20%
30% - 40%7%
40% - 50%6%
> 50%2%

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 6.8% to 24% of their monthly income, with 13% being the average for most couples. The average amount of money that couples can save is 330,000 IQD with 110,000 IQD and 1.8M IQD being the minimum and maximum respectively.


Families

Saving to Income Ratio

6% 11% of income 22%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

150,000 IQD
$120
440,000 IQD
$340
2.9M IQD
$2,200
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%40%
10% - 20%31%
20% - 30%21%
30% - 40%4%
40% - 50%3%
> 50%1%

Interpretation and Analysis

Families in Al-Mawsil can save anywhere between 6% to 22% of their monthly income, with 11% being the average for most families. The average amount of money that families can put aside is 440,000 IQD with 150,000 IQD and 2.9M IQD being the minimum and maximum respectively.

Reasons that make it difficult for people to save money in Al-Mawsil

Saving Challenges in Al-Mawsil

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Al-Mawsil. Listed below are the answers given by the survey participants.


Reason% People
Low Income4%
High Expenses7%
Debt and Loans12%
Lack of Budgeting Skills12%
Impulsive Spending12%
Financial Emergencies7%
Living the moment5%
Will do it later22%
Inflation14%
Social Pressure2%
Market Instability2%

Around 4% of the people said that their salary is too low to accommodate a portion for savings while 7% said that the high cost of living leaves little room for savings. 12% of the residents said that they are burdened with debt and find it challenging to save money. 12% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 12% blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 22% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 14% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 2% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Where do people choose to put their savings in Al-Mawsil

Typical saving choices for people in Al-Mawsil

Where do people choose to put their savings?


Saving Type% People
Emergency Funds13%
Gold14%
Savings Accounts16%
Retirement Accounts9%
Cash Savings22%
Real Estate9%
Investment5%
Stocks3%
Bonds4%
Mutual Funds2%
Certificates of Deposit2%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical to live in Al-Mawsil

Affordable living in Al-Mawsil

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Al-Mawsil?


Yes
48%
No
52%

Around 48% of surveyed residents think that living in Al-Mawsil is affordable with proper budgeting while 52% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting. Are there plenty of low-cost options in Al-Mawsil

Low-cost alternatives in Al-Mawsil

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options49%

Few low-cost options51%


Based on the survey, 49% of the people living in Al-Mawsil have no problem finding low-cost alternatives to support a frugal lifestyle while 51% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents of Al-Mawsil whether they have an emergency fund and the answers were as follows.

Yes48%

No52%


Based on the survey, 52% of the people living in Al-Mawsil said that they don't have an emergency fund while 48% said that they do.

Financial literacy and difficulty in budgeting and financial planning in Al-Mawsil

Financial Literacy in Iraq

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy51%


We asked residents of Iraq whether they acquired any adequate personal financial training in their lives. Approximately 49% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 51% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of Iraq have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 40% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 60% said that they have everything under control.

Struggles with finance40%

Easily manages finances60%

Financial goals and targets of people living in Al-Mawsil

Financial goals of people in Al-Mawsil

In an attempt to understand the economic situation in Al-Mawsil, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund9%
Debt Reduction46%
Retirement Savings11%
Education Funding6%
Homeownership19%
Investing6%
Travel or Lifestyle5%
Healthcare Expenses15%
Financial Independence4%

Around 9% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 46% said their number one priority is to pay off high-interest debt or loans and improve credit. 11% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 6% reported that their priority is saving for the tuition fees and education costs of their children while 19% choose to buy a home or pay off existing mortgage before other things. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 5% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 15% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Retirement, pension plans, and life after work in Al-Mawsil

What does the retirement lifestyle look like in Al-Mawsil and how much retirement savings are required?

Retirement age

The retirement age for most employees in Iraq is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.


The typical saved amount of money you should have at every age as multiples of monthly salary:
AgeAmount
255x monthly salary at age 25
3010x monthly salary at age 30
3515x monthly salary at age 35
4025x monthly salary at age 40
4532x monthly salary at age 45
5048x monthly salary at age 50
5556x monthly salary at age 55
6064x monthly salary at age 60
6578x monthly salary at age 65

The typical average saved amount of money you should have at every age in Al-Mawsil:
AgeAmount
252.3M IQD
304.7M IQD
358.2M IQD
4012M IQD
4518M IQD
5025M IQD
5529M IQD
6036M IQD
6543M IQD

Retirement Income Distribution

We asked residents of Al-Mawsil about their retirement income sources and below are the results.

Source% People
Pensions11%
Savings24%
Investments11%
Social Security6%
Annuities6%
Part-time Job16%
Real Estate19%
Dividends and Interest6%

Retirement Monthly Expenses in Al-Mawsil

50,000 IQD
$38
450,000 IQD
$350
3M IQD
$2,300
MINIMUM AVERAGE MAXIMUM
Chart showing the percentage of people who are in debt in Al-Mawsil

Debt, loans, and mortgages in Al-Mawsil


Percentage of people who are in debt


In Debt
23%
Debt Free
77%

According to the survey, 23% of the people in Al-Mawsil have some kind of debt, loan, mortgage, or credit card payments while 77% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Al-Mawsil

Debt-to-income ratio in Al-Mawsil

Debt to income ratio

27%

21% to 35%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 27% of the people's monthly income in Al-Mawsil goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%4%
50% - 60%20%
40% - 50%16%
30% - 40%18%
20% - 30%9%
10% - 20%10%
0% - 10%25%

According to our data, 4% of the debtors in Al-Mawsil pay 60%+ of their income as debt settlement while 20% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 16% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 18% dedicated 30% to 40% of income for same. Things are looking brighter for 9% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Al-Mawsil

Debt% People
Real Estate Mortgage7%
Auto Loan13%
Student Loan4%
Credit Card31%
Personal Loan45%

7% of debtors in Al-Mawsil confirm that real estate mortgages constitutes the main part of their outstanding debt while 31% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 13% of people and personal loans rose at 45%. Lastly, student loans are the main source of debt for 4% of debtors in Al-Mawsil.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Al-Mawsil

Besides measuring the loan-to-income ratio, we asked residents of Al-Mawsil how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never49%
Once a year25%
Twice a year13%
Three times a year9%
Four times a year5%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Al-Mawsil

Housing costs, accommodation, and housing affordability in Al-Mawsil

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Al-Mawsil

Monthly Rent Prices

Studio apartment monthly rent cost

75,000 IQD 110,000 IQD 300,000 IQD
MINIMUM AVERAGE MAXIMUM
$57 $86 $230

1-bedroom apartment monthly rent cost

110,000 IQD 180,000 IQD 450,000 IQD
MINIMUM AVERAGE MAXIMUM
$86 $140 $340

2-bedroom apartment monthly rent cost

150,000 IQD 230,000 IQD 600,000 IQD
MINIMUM AVERAGE MAXIMUM
$110 $170 $460

3-bedroom apartment monthly rent cost

180,000 IQD 300,000 IQD 820,000 IQD
MINIMUM AVERAGE MAXIMUM
$140 $230 $630

Furnished apartment monthly rent cost

360,000 IQD 900,000 IQD 1.8M IQD
MINIMUM AVERAGE MAXIMUM
$280 $690 $1,400

Townhouse monthly rent cost

300,000 IQD 450,000 IQD 1.3M IQD
MINIMUM AVERAGE MAXIMUM
$230 $340 $990

House monthly rent cost

360,000 IQD 900,000 IQD 1.8M IQD
MINIMUM AVERAGE MAXIMUM
$280 $690 $1,400

Villa monthly rent cost

450,000 IQD 1.1M IQD 1.8M IQD
MINIMUM AVERAGE MAXIMUM
$340 $860 $1,400

The monthly rental cost of a studio apartment in Al-Mawsil ranges between 75,000 IQD and 300,000 IQD, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 110,000 IQD to 450,000 IQD. Two-bedroom rentals rate ranges between 150,000 IQD and 600,000 IQD per month. The monthly rental for a three-bedroom apartment ranges from 180,000 IQD to 820,000 IQD. The average rent of a townhouse in Al-Mawsil is around 450,000 IQD while house rental costs can be as high as 900,000 IQD per month. Finally, if you want to rent a villa, expect to pay anywhere from 450,000 IQD to 1.8M IQD per month.



Apartment and house prices in Al-Mawsil

Cost of buying a property

Studio apartment price

15M IQD 23M IQD 45M IQD
MINIMUM AVERAGE MAXIMUM
$11,000 $17,000 $34,000

1-bedroom apartment price

18M IQD 30M IQD 110M IQD
MINIMUM AVERAGE MAXIMUM
$14,000 $23,000 $86,000

2-bedroom apartment price

30M IQD 90M IQD 180M IQD
MINIMUM AVERAGE MAXIMUM
$23,000 $69,000 $140,000

3-bedroom apartment price

100M IQD 150M IQD 450M IQD
MINIMUM AVERAGE MAXIMUM
$77,000 $110,000 $340,000

Townhouse price

130M IQD 300M IQD 1,100M IQD
MINIMUM AVERAGE MAXIMUM
$99,000 $230,000 $860,000

House price

150M IQD 900M IQD 1,300M IQD
MINIMUM AVERAGE MAXIMUM
$110,000 $690,000 $990,000

Villa price

180M IQD 1,000M IQD 1,500M IQD
MINIMUM AVERAGE MAXIMUM
$140,000 $770,000 $1.1M

The average price of a studio apartment in Al-Mawsil can range from 15M IQD to 45M IQD depending on location. One bedroom cost can be anywhere from 18M IQD to 110M IQD. A villa can cost you 1,000M IQD on average with prices ranging from 180M IQD to 1,500M IQD.


If you're leasing or purchasing, housing costs in Al-Mawsil will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


26 x72 monthly income 162
MINIMUM AVERAGE MAXIMUM

Property prices in Al-Mawsil can be x72 to x162 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x72 multiples of the average monthly salary in Al-Mawsil.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


15% 24% of income 33%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Al-Mawsil is around 24%. This means that people pay 24% of their income for rent. Those figures can range from 15% to 33% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
22%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
1.7%
AVERAGE
2.7%
TO
3.6%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


1,400 IQD 18,000 IQD 180,000 IQD
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Al-Mawsil

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Al-Mawsil

Utility Bill Cost / Electricity + Water + Gas / Individual

5,200 IQD 37,000 IQD 250,000 IQD
MINIMUM AVERAGE MAXIMUM
$4 $28 $190

Utility Bill Cost / Electricity + Water + Gas / Couple

14,000 IQD 46,000 IQD 300,000 IQD
MINIMUM AVERAGE MAXIMUM
$10 $35 $230

Utility Bill Cost / Electricity + Water + Gas / Family

24,000 IQD 68,000 IQD 440,000 IQD
MINIMUM AVERAGE MAXIMUM
$18 $52 $340

Internet and cable cost

5,000 IQD 10,000 IQD 13,000 IQD
MINIMUM AVERAGE MAXIMUM
$3.9 $7.7 $10

Mobile phone bill and charges

4,000 IQD 6,700 IQD 20,000 IQD
MINIMUM AVERAGE MAXIMUM
$3.1 $5.1 $15

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly expenditure for individuals on electricty, water, and gas in Al-Mawsil ranges between 5,200 IQD and 250,000 IQD with average being 37,000 IQD, meanwhile the expenditure of couples is slightly higher at 46,000 IQD with 14,000 IQD and 300,000 IQD being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 68,000 IQD. The cost of internet and WiFi is unchanged among the three groups and ranges from 5,000 IQD to 13,000 IQD with 10,000 IQD being the average internet bill. Finally, the average monthly mobile charges is around 6,700 IQD but can range between 4,000 IQD and 20,000 IQD depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


3.4% 6% of income 9.4%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Al-Mawsil is around 6%. This means that people pay 6% of their income for energy, water, internet, and mobile charges. Those figures can range from 3.4% to 9.4% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Al-Mawsil

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Al-Mawsil

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

1,000 IQD 2,000 IQD 3,400 IQD
MINIMUM AVERAGE MAXIMUM
$0.77 $1.5 $2.6

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Al-Mawsil is approximatly 2,000 IQD with meal cost ranging from 1,000 IQD to 3,400 IQD. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

3,200 IQD 4,800 IQD 9,600 IQD
MINIMUM AVERAGE MAXIMUM
$2.4 $3.7 $7.3

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 3,200 IQD and 9,600 IQD with 4,800 IQD being the average price of a plate for one person at a regular restaurant in Al-Mawsil.

Fine dining meal for one price

6,400 IQD 9,600 IQD 38,000 IQD
MINIMUM AVERAGE MAXIMUM
$4.9 $7.3 $29

The price range of a meal at fine-dining restaurant is 6,400 IQD to 38,000 IQD with the average cost being 9,600 IQD for one person. This is what you would expect to pay a top-tier diner in Al-Mawsil.

Beverage prices, cappuccino, latte etc..

840 IQD 1,300 IQD 2,000 IQD
MINIMUM AVERAGE MAXIMUM
$0.64 $1 $1.5

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Al-Mawsil is around 1,300 IQD. Price ranges between 840 IQD and 2,000 IQD depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

670 IQD 810 IQD 1,000 IQD
MINIMUM AVERAGE MAXIMUM
$0.51 $0.62 $0.77

The average price of a large bottle of milk in Al-Mawsil is 810 IQD. The maximum what you would pay for milk is 1,000 IQD and the minimum being 670 IQD depending on the brand of milk and other properties.

12 eggs price

500 IQD 670 IQD 1,000 IQD
MINIMUM AVERAGE MAXIMUM
$0.39 $0.51 $0.77

A dozen eggs costs around 670 IQD on average with 500 IQD and 1,000 IQD being the lower and upper limits respectively.

Fresh whole chicken price

1,100 IQD 1,500 IQD 2,100 IQD
MINIMUM AVERAGE MAXIMUM
$0.88 $1.1 $1.6

The price range of a fresh whole chicken in Al-Mawsil is between 1,100 IQD and 2,100 IQD depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 1,500 IQD.

Pack of beef price

1,300 IQD 2,000 IQD 4,000 IQD
MINIMUM AVERAGE MAXIMUM
$1 $1.5 $3.1

The price of a regular pack of beef or meat is around 2,000 IQD. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

540 IQD 740 IQD 1,100 IQD
MINIMUM AVERAGE MAXIMUM
$0.41 $0.57 $0.80

A bag of rice in Al-Mawsil costs around 740 IQD on average with prices rangeing between 540 IQD and 1,100 IQD depending on the brand and quality.

Bag of tomatos price

200 IQD 270 IQD 500 IQD
MINIMUM AVERAGE MAXIMUM
$0.15 $0.21 $0.39

A bag of tomatoes costs anywhere from 200 IQD to 500 IQD. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

360 IQD 470 IQD 780 IQD
MINIMUM AVERAGE MAXIMUM
$0.28 $0.36 $0.59

A bag of apples costs 470 IQD on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


16% 23% of income 28%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Al-Mawsil is around 23%. This means that people spend 23% of their income on grocery and basic household items. The expenditure can range from 16% to 28% depending on salary and location.


Expenditure on food and grocery for every population group

A single person living alone spends approximately 98,000 IQD per month on grocery and food with expenditure fluctuating between 14,000 IQD and 660,000 IQD depending on location and the type of person. The average cost of food and groceries for a couple is around 140,000 IQD per month. That number can be get as low as 48,000 IQD or a high as 770,000 IQD. Families' spending on grocery ranges from 86,000 IQD to 1.6M IQD with the location, income, and size of the family being the most determinite factors.


Single
Spending habits, consumption analysis, and expenditure patterns for a single person living in Al-Mawsil

Housing cost for a single person28%

28% of total expenses on average (16% to 40%)

LOW$24   31,000 IQD
AVERAGE$170   220,000 IQD
HIGH$1,100   1.5M IQD
Per Month

Utilities, Electricity, Water, Internet, Mobile9%

9% of total expenses on average (5% to 14%)

LOW$4   5,200 IQD
AVERAGE$28   37,000 IQD
HIGH$190   250,000 IQD
Per Month

Transport and Fuel Cost4%

4% of total expenses on average (2% to 10%)

LOW$5.3   6,900 IQD
AVERAGE$38   49,000 IQD
HIGH$250   330,000 IQD
Per Month

Food and Groceries Cost20%

20% of total expenses on average (14% to 25%)

LOW$11   14,000 IQD
AVERAGE$75   98,000 IQD
HIGH$500   660,000 IQD
Per Month

Healthcare Cost13%

13% of total expenses on average (7% to 17%)

LOW$5.9   7,800 IQD
AVERAGE$42   55,000 IQD
HIGH$280   370,000 IQD
Per Month

Leisure and Shopping Expenditure2%

2% of total expenses on average (2% to 5%)

LOW$3.3   4,300 IQD
AVERAGE$23   31,000 IQD
HIGH$160   210,000 IQD
Per Month

Education Cost1%

1% of total expenses on average (0.00% to 3%)

LOW$1.3   1,700 IQD
AVERAGE$9.4   12,000 IQD
HIGH$63   82,000 IQD
Per Month

Other Expenses23%

23% of total expenses on average (15% to 27%)

LOW$12   16,000 IQD
AVERAGE$85   110,000 IQD
HIGH$560   740,000 IQD
Per Month


Couple
Average monthly living expenditure breaks and spending patterns for couples in Al-Mawsil

Housing cost for a couple25%

25% of total expenses on average (18% to 35%)

LOW$89   120,000 IQD
AVERAGE$270   350,000 IQD
HIGH$1,400   1.9M IQD
Per Month

Utilities, Electricity, Water, Internet, Mobile8%

8% of total expenses on average (6% to 12%)

LOW$10   14,000 IQD
AVERAGE$35   46,000 IQD
HIGH$230   300,000 IQD
Per Month

Transport and Fuel Cost8%

8% of total expenses on average (2% to 13%)

LOW$31   41,000 IQD
AVERAGE$94   120,000 IQD
HIGH$500   660,000 IQD
Per Month

Food and Groceries Cost18%

18% of total expenses on average (13% to 23%)

LOW$37   48,000 IQD
AVERAGE$110   140,000 IQD
HIGH$580   770,000 IQD
Per Month

Healthcare Cost15%

15% of total expenses on average (9% to 19%)

LOW$29   38,000 IQD
AVERAGE$86   110,000 IQD
HIGH$460   600,000 IQD
Per Month

Leisure and Shopping Cost3%

3% of total expenses on average (1% to 6%)

LOW$16   21,000 IQD
AVERAGE$47   62,000 IQD
HIGH$250   330,000 IQD
Per Month

Education Cost1%

1% of total expenses on average (0.00% to 3%)

LOW$5.2   6,800 IQD
AVERAGE$16   21,000 IQD
HIGH$84   110,000 IQD
Per Month

Other Expenses22%

22% of total expenses on average (16% to 28%)

LOW$44   58,000 IQD
AVERAGE$130   170,000 IQD
HIGH$710   930,000 IQD
Per Month


Family
Average monthly expenses and break out of spending for families living in Al-Mawsil

Housing cost for a family24%

24% of total expenses on average (19% to 34%)

LOW$120   150,000 IQD
AVERAGE$330   440,000 IQD
HIGH$2,200   2.8M IQD
Per Month

Utilities, Electricity, Water, Internet, Mobile6%

6% of total expenses on average (4% to 9%)

LOW$18   24,000 IQD
AVERAGE$52   68,000 IQD
HIGH$340   440,000 IQD
Per Month

Transport and Fuel Expenses4%

4% of total expenses on average (2% to 6%)

LOW$37   48,000 IQD
AVERAGE$100   140,000 IQD
HIGH$680   890,000 IQD
Per Month

Food and Groceries Cost22%

22% of total expenses on average (15% to 28%)

LOW$66   86,000 IQD
AVERAGE$190   250,000 IQD
HIGH$1,200   1.6M IQD
Per Month

Healthcare Expenses12%

12% of total expenses on average (8% to 17%)

LOW$33   43,000 IQD
AVERAGE$100   140,000 IQD
HIGH$540   710,000 IQD
Per Month

Leisure and Shopping Cost2%

2% of total expenses on average (1% to 6%)

LOW$18   24,000 IQD
AVERAGE$52   68,000 IQD
HIGH$340   440,000 IQD
Per Month

Education Cost13%

13% of total expenses on average (6% to 21%)

LOW$51   67,000 IQD
AVERAGE$150   190,000 IQD
HIGH$950   1.2M IQD
Per Month

Other Expenses17%

17% of total expenses on average (10% to 22%)

LOW$29   38,000 IQD
AVERAGE$84   110,000 IQD
HIGH$540   710,000 IQD
Per Month


Student
Cost of living and expenses break down for students living in Al-Mawsil

Housing costs for Student16%

16% of total expenses on average (11% to 22%)

LOW$13   16,000 IQD
AVERAGE$83   110,000 IQD
HIGH$550   720,000 IQD
Per Month

Utilities, Electricity, Water, Internet, and Mobile Expenses7%

7% of total expenses on average (5% to 11%)

LOW$2.1   2,700 IQD
AVERAGE$14   18,000 IQD
HIGH$92   120,000 IQD
Per Month

Transport and Fuel Cost3%

3% of total expenses on average (4% to 9%)

LOW$3.7   4,800 IQD
AVERAGE$24   32,000 IQD
HIGH$160   210,000 IQD
Per Month

Food and Groceries Expenditure24%

24% of total expenses on average (18% to 28%)

LOW$10   14,000 IQD
AVERAGE$69   91,000 IQD
HIGH$460   600,000 IQD
Per Month

Healthcare Cost10%

10% of total expenses on average (7% to 13%)

LOW$3.1   4,100 IQD
AVERAGE$21   27,000 IQD
HIGH$140   180,000 IQD
Per Month

Leisure and Shopping Cost2%

2% of total expenses on average (1% to 6%)

LOW$2.6   3,400 IQD
AVERAGE$17   23,000 IQD
HIGH$120   150,000 IQD
Per Month

Education Cost18%

18% of total expenses on average (11% to 23%)

LOW$9.9   13,000 IQD
AVERAGE$66   86,000 IQD
HIGH$440   570,000 IQD
Per Month

Other Expenses20%

20% of total expenses on average (14% to 26%)

LOW$7.8   10,000 IQD
AVERAGE$52   68,000 IQD
HIGH$350   450,000 IQD
Per Month
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