Statement:
In The Bahamas the cost of living is higher than in Armenia

In the Cost of Living rating The Bahamas holds position #18 ²⁰¹⁴ out of 118 and Armenia is #53 out of 90 ²⁰¹².
Position of The Bahamas is worse than position of Armenia.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both The Bahamas and Armenia, 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
   The Bahamas	'Cost of Living Index' value is	88.27

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
   The Bahamas	'Cost of Living Index' value is	84.32

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
   The Bahamas	'Cost of Living Index' value is	84.25

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
   The Bahamas	'Cost of Living Index' value is	85.96

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

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
   The Bahamas	'Cost of Living Index' value is	109.37

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
   The Bahamas	'Cost of Living Index' value is	106.32

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

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
   The Bahamas	'Cost of Living Index' value is	97.70

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