Statement:
In Armenia the cost of living is lower than in Ghana

In the Cost of Living rating Armenia holds position #53 2012 out of 90 and Ghana is #36 out of 118 2014.
Position of Armenia is better than position of Ghana.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Armenia and Ghana, compared to most countries of the World.

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 38.96
    Ghana 'Cost of Living Index' value is 29.98
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 33.22
    Ghana 'Cost of Living Index' value is 38.53
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 33.71
    Ghana 'Cost of Living Index' value is 38.52
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 32.70
    Ghana 'Cost of Living Index' value is 43.11
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 32.95
    Ghana 'Cost of Living Index' value is 53.99
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 35.32
    Ghana 'Cost of Living Index' value is 63.78
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 33.85
    Ghana 'Cost of Living Index' value is 56.25
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 38.30
    Ghana 'Cost of Living Index' value is 70.70
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 46.07
    Ghana 'Cost of Living Index' value is 71.20
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 62.75