Statement:
In Brazil the cost of living is higher than in Nicaragua

In the Cost of Living rating Brazil holds position #31 2012 out of 90 and Nicaragua is #80 out of 90 2012.
Position of Brazil is worse than position of Nicaragua.
Nicaragua is an outsider of the "Cost of Living" rating. Living in Nicaragua is not so expensive, compared to Brazil

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 34.81
    Nicaragua 'Cost of Living Index' value is 37.17
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 36.06
    Nicaragua 'Cost of Living Index' value is 41.81
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 30.99
    Nicaragua 'Cost of Living Index' value is 43.70
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 42.64
    Nicaragua 'Cost of Living Index' value is 45.87
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 40.48
    Nicaragua 'Cost of Living Index' value is 44.45
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 53.06
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 49.13
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 46.71
    Nicaragua 'Cost of Living Index' value is 46.90
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 66.24
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 70.00
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 83.71
    Nicaragua 'Cost of Living Index' value is 48.31