Statement:
In Botswana the cost of living is lower than in Panama

In the Cost of Living rating Botswana holds position #90 2016 out of 121 and Panama is #67 out of 90 2012.
Position of Botswana is better than position of Panama.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Botswana and Panama, compared to most countries of the World.

Referencies:

  1. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Botswana 'Cost of Living Index' value is 36.52
    Panama 'Cost of Living Index' value is 48.25
  2. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Botswana 'Cost of Living Index' value is 41.70
    Panama 'Cost of Living Index' value is 53.03
  3. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Botswana 'Cost of Living Index' value is 39.13
    Panama 'Cost of Living Index' value is 55.02
  4. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Botswana 'Cost of Living Index' value is 39.37
    Panama 'Cost of Living Index' value is 52.98
  5. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 50.49
  6. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 57.79
  7. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Botswana 'Cost of Living Index' value is 37.72
    Panama 'Cost of Living Index' value is 51.92
  8. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 53.81
  9. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 51.61
  10. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 53.38
  11. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 54.02