Statement:
In Germany the cost of living is lower than in Papua New Guinea

In the Cost of Living rating Germany holds position #26 2012 out of 90 and Papua New Guinea is #9 out of 123 2015.
Position of Germany is better than position of Papua New Guinea.
Papua New Guinea is leader of the "Cost of Living" rating. Living in Papua New Guinea is really expensive, compared to Germany

Referencies:

  1. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Germany 'Cost of Living Index' value is 59.62
  2. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Germany 'Cost of Living Index' value is 67.85
  3. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Germany 'Cost of Living Index' value is 66.34
  4. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Germany 'Cost of Living Index' value is 66.57
  5. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Germany 'Cost of Living Index' value is 67.89
  6. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Germany 'Cost of Living Index' value is 73.18
  7. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Germany 'Cost of Living Index' value is 66.79
  8. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Germany 'Cost of Living Index' value is 65.96
    Papua New Guinea 'Cost of Living Index' value is 86.55
  9. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Germany 'Cost of Living Index' value is 86.82
  10. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Germany 'Cost of Living Index' value is 91.64
  11. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Germany 'Cost of Living Index' value is 88.55