Statement:
In Canada the cost of living is higher than in Latvia

In the Cost of Living rating Canada holds position #17 2012 out of 90 and Latvia is #45 out of 90 2012.
Position of Canada is worse than position of Latvia.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Canada and Latvia, 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.
    Canada 'Cost of Living Index' value is 68.78
    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.
    Canada 'Cost of Living Index' value is 71.45
    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.
    Canada 'Cost of Living Index' value is 66.18
    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.
    Canada 'Cost of Living Index' value is 68.16
    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.
    Canada 'Cost of Living Index' value is 64.54
    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.
    Canada 'Cost of Living Index' value is 72.82
    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.
    Canada 'Cost of Living Index' value is 69.09
    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.
    Canada 'Cost of Living Index' value is 73.53
    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.
    Canada 'Cost of Living Index' value is 89.61
    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.
    Canada 'Cost of Living Index' value is 99.65
    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.
    Canada 'Cost of Living Index' value is 98.04
    Latvia 'Cost of Living Index' value is 67.76