Statement:
In Argentina the cost of living is lower than in Australia

In the Cost of Living rating Argentina holds position #51 2012 out of 90 and Australia is #5 out of 90 2012.
Position of Argentina is better than position of Australia.
Australia is leader of the "Cost of Living" rating. Living in Australia is really expensive, compared to Argentina

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Argentina 'Cost of Living Index' value is 32.13
    Australia 'Cost of Living Index' value is 72.27
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Argentina 'Cost of Living Index' value is 35.33
    Australia 'Cost of Living Index' value is 80.75
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Argentina 'Cost of Living Index' value is 31.18
    Australia 'Cost of Living Index' value is 75.89
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Argentina 'Cost of Living Index' value is 38.72
    Australia 'Cost of Living Index' value is 73.39
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Argentina 'Cost of Living Index' value is 36.41
    Australia 'Cost of Living Index' value is 73.87
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Argentina 'Cost of Living Index' value is 56.80
    Australia 'Cost of Living Index' value is 85.96
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Argentina 'Cost of Living Index' value is 55.31
    Australia 'Cost of Living Index' value is 79.73
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Argentina 'Cost of Living Index' value is 68.17
    Australia 'Cost of Living Index' value is 89.50
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Argentina 'Cost of Living Index' value is 64.87
    Australia 'Cost of Living Index' value is 114.59
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Argentina 'Cost of Living Index' value is 70.44
    Australia 'Cost of Living Index' value is 133.66
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Argentina 'Cost of Living Index' value is 63.13
    Australia 'Cost of Living Index' value is 122.96