Statement:
In Cuba the cost of living is lower than in Armenia

In the Cost of Living rating Cuba holds position #54 2015 out of 123 and Armenia is #53 out of 90 2012.
Position of Cuba is better than position of Armenia.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Cuba and Armenia, compared to most countries of the World.

Referencies:

  1. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 38.96
    Cuba 'Cost of Living Index' value is 54.02
  2. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 33.22
    Cuba 'Cost of Living Index' value is 55.46
  3. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 33.71
    Cuba 'Cost of Living Index' value is 43.85
  4. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 32.70
    Cuba 'Cost of Living Index' value is 41.73
  5. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 32.95
    Cuba 'Cost of Living Index' value is 45.37
  6. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 35.32
  7. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 33.85
  8. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 38.30
    Cuba 'Cost of Living Index' value is 52.69
  9. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 46.07
  10. The countries in the rating sorted by 'Cost of Living Index' in descending order.
  11. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Armenia 'Cost of Living Index' value is 62.75