Statement:
In Australia the cost of living is higher than in Latvia

In the Cost of Living rating Australia holds position #5 2012 out of 90 and Latvia is #45 out of 90 2012.
Position of Australia is worse than position of Latvia.
Australia is leader of the "Cost of Living" rating. Living in Australia is really expensive, compared to Latvia

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 72.27
    Latvia 'Cost of Living Index' value is 45.21
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 80.75
    Latvia 'Cost of Living Index' value is 50.41
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 75.89
    Latvia 'Cost of Living Index' value is 49.18
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 73.39
    Latvia 'Cost of Living Index' value is 49.55
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 73.87
    Latvia 'Cost of Living Index' value is 49.37
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 85.96
    Latvia 'Cost of Living Index' value is 51.81
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 79.73
    Latvia 'Cost of Living Index' value is 47.98
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 89.50
    Latvia 'Cost of Living Index' value is 48.71
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 114.59
    Latvia 'Cost of Living Index' value is 64.10
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 133.66
    Latvia 'Cost of Living Index' value is 67.96
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 122.96
    Latvia 'Cost of Living Index' value is 67.76