Statement:
In Hong Kong the cost of living is lower than in Australia

In the Cost of Living rating Hong Kong holds position #28 2012 out of 90 and Australia is #5 out of 90 2012.
Position of Hong Kong is better than position of Australia.
Australia is leader of the "Cost of Living" rating. Living in Australia is really expensive, compared to Hong Kong

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 72.27
    Hong Kong 'Cost of Living Index' value is 76.55
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 80.75
    Hong Kong 'Cost of Living Index' value is 80.82
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 75.89
    Hong Kong 'Cost of Living Index' value is 77.90
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 73.39
    Hong Kong 'Cost of Living Index' value is 79.21
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 73.87
    Hong Kong 'Cost of Living Index' value is 74.73
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 85.96
    Hong Kong 'Cost of Living Index' value is 79.24
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 79.73
    Hong Kong 'Cost of Living Index' value is 78.20
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 89.50
    Hong Kong 'Cost of Living Index' value is 75.03
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 114.59
    Hong Kong 'Cost of Living Index' value is 75.86
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 133.66
    Hong Kong 'Cost of Living Index' value is 77.81
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Australia 'Cost of Living Index' value is 122.96
    Hong Kong 'Cost of Living Index' value is 84.40