Iraq vs South Korea
South Korea is about 29% pricier than Iraq overall, with a price level of 60.3 versus 42.6 (US = 100). The gap is widest in housing & utilities and narrowest in communication. On quality of life, South Korea scores higher (98 vs 71 of 100).
Metric Iraq South Korea
Price level (US=100) 42.6 60.3
GDP / capita (PPP) $14,464 $61,051
GNI / capita (PPP) $14,530 $61,930
Inflation (YoY) -12.3% 2.3%
What's different, by category
Price levels by category (world average = 100). The cheaper of the two is highlighted.
Category Iraq South Korea
Housing & utilities 36 109
Food 94 204
Transport 65 114
Restaurants & hotels 55 142
Health 48 81
Communication 116 140
Category price levels: World Bank ICP 2021 (world average = 100).
Quality of life
Metric Iraq South Korea
Quality-of-life score 71/100 98/100
Life expectancy 72 yrs 84 yrs
Safety · homicide /100k 9.5 0.5
Internet users 81% 98%
Frequently asked
Is Iraq more expensive than South Korea?
South Korea is more expensive: about 29% pricier than Iraq overall.
What would a $100,000 lifestyle cost in South Korea?
Living the way $100,000 buys in Iraq would cost roughly $141,500 in South Korea, based on overall price levels.
Which has the better quality of life, Iraq or South Korea?
South Korea scores higher, 98 vs 71 out of 100.
Salary check
A $100,000 lifestyle in Iraq would cost about
$141,500
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