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

In the Cost of Living rating Venezuela holds position #12 2013 out of 102 and Australia is #5 out of 90 2012.
Position of Venezuela is better than position of Australia.
Both countries are leaders of the "Cost of Living" rating. Living in Venezuela and Australia is really expensive, 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.
    Australia 'Cost of Living Index' value is 72.27
    Venezuela 'Cost of Living Index' value is 41.77
  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
    Venezuela 'Cost of Living Index' value is 45.96
  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
  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
    Venezuela 'Cost of Living Index' value is 27.22
  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
    Venezuela 'Cost of Living Index' value is 27.62
  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
    Venezuela 'Cost of Living Index' value is 35.15
  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
    Venezuela 'Cost of Living Index' value is 40.34
  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
    Venezuela 'Cost of Living Index' value is 82.81
  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
    Venezuela 'Cost of Living Index' value is 119.05
  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
    Venezuela 'Cost of Living Index' value is 111.01
  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