Statement:
In Bolivia the cost of living is lower than in Latvia

In the Cost of Living rating Bolivia holds position #98 2013 out of 102 and Latvia is #45 out of 90 2012.
Position of Bolivia is better than position of Latvia.
Bolivia is an outsider of the "Cost of Living" rating. Living in Bolivia is not so 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.
    Bolivia 'Cost of Living Index' value is 32.57
    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.
    Bolivia 'Cost of Living Index' value is 35.15
    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.
    Bolivia 'Cost of Living Index' value is 36.02
    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.
    Bolivia 'Cost of Living Index' value is 34.07
    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.
    Bolivia 'Cost of Living Index' value is 33.24
    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.
    Bolivia 'Cost of Living Index' value is 38.37
    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.
    Bolivia 'Cost of Living Index' value is 37.60
    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.
    Bolivia 'Cost of Living Index' value is 38.51
    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.
    Bolivia 'Cost of Living Index' value is 42.33
    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.
    Bolivia 'Cost of Living Index' value is 41.50
    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.
    Latvia 'Cost of Living Index' value is 67.76