Statement:
In El Salvador the cost of living is lower than in Iceland

In the Cost of Living rating El Salvador holds position #80 2014 out of 118 and Iceland is #10 out of 90 2012.
Position of El Salvador is better than position of Iceland.
Iceland is leader of the "Cost of Living" rating. Living in Iceland is really expensive, compared to El Salvador

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    El Salvador 'Cost of Living Index' value is 42.94
    Iceland 'Cost of Living Index' value is 86.59
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    El Salvador 'Cost of Living Index' value is 44.01
    Iceland 'Cost of Living Index' value is 99.67
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    El Salvador 'Cost of Living Index' value is 44.96
    Iceland 'Cost of Living Index' value is 90.19
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    El Salvador 'Cost of Living Index' value is 47.69
    Iceland 'Cost of Living Index' value is 97.22
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    El Salvador 'Cost of Living Index' value is 44.61
    Iceland 'Cost of Living Index' value is 112.64
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    El Salvador 'Cost of Living Index' value is 48.99
    Iceland 'Cost of Living Index' value is 130.79
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    El Salvador 'Cost of Living Index' value is 42.89
    Iceland 'Cost of Living Index' value is 99.68
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    El Salvador 'Cost of Living Index' value is 45.82
    Iceland 'Cost of Living Index' value is 95.41
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    El Salvador 'Cost of Living Index' value is 51.83
    Iceland 'Cost of Living Index' value is 113.58
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iceland 'Cost of Living Index' value is 112.43
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iceland 'Cost of Living Index' value is 103.60