Statement:
In Cyprus the cost of living is lower than in Luxembourg

In the Cost of Living rating Cyprus holds position #25 2012 out of 90 and Luxembourg is #4 out of 102 2013.
Position of Cyprus is better than position of Luxembourg.
Luxembourg is leader of the "Cost of Living" rating. Living in Luxembourg is really expensive, compared to Cyprus

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Cyprus 'Cost of Living Index' value is 52.48
    Luxembourg 'Cost of Living Index' value is 72.15
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Cyprus 'Cost of Living Index' value is 61.64
    Luxembourg 'Cost of Living Index' value is 85.30
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Cyprus 'Cost of Living Index' value is 59.93
    Luxembourg 'Cost of Living Index' value is 84.38
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Cyprus 'Cost of Living Index' value is 58.39
    Luxembourg 'Cost of Living Index' value is 84.68
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Cyprus 'Cost of Living Index' value is 54.98
    Luxembourg 'Cost of Living Index' value is 86.44
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Cyprus 'Cost of Living Index' value is 59.37
    Luxembourg 'Cost of Living Index' value is 87.52
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Cyprus 'Cost of Living Index' value is 56.81
    Luxembourg 'Cost of Living Index' value is 81.46
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Cyprus 'Cost of Living Index' value is 63.68
    Luxembourg 'Cost of Living Index' value is 80.81
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Cyprus 'Cost of Living Index' value is 85.06
    Luxembourg 'Cost of Living Index' value is 107.41
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Cyprus 'Cost of Living Index' value is 98.61
    Luxembourg 'Cost of Living Index' value is 124.76
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Cyprus 'Cost of Living Index' value is 89.54