Statement:
In Hong Kong the cost of living is higher than in Brazil

In the Cost of Living rating Hong Kong holds position #28 2012 out of 90 and Brazil is #31 out of 90 2012.
Position of Hong Kong is worse than position of Brazil.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Hong Kong and Brazil, compared to most countries of the World.

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Brazil 'Cost of Living Index' value is 34.81
    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.
    Brazil 'Cost of Living Index' value is 36.06
    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.
    Brazil 'Cost of Living Index' value is 30.99
    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.
    Brazil 'Cost of Living Index' value is 42.64
    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.
    Brazil 'Cost of Living Index' value is 40.48
    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.
    Brazil 'Cost of Living Index' value is 53.06
    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.
    Brazil 'Cost of Living Index' value is 49.13
    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.
    Brazil 'Cost of Living Index' value is 46.71
    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.
    Brazil 'Cost of Living Index' value is 66.24
    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.
    Brazil 'Cost of Living Index' value is 70.00
    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.
    Brazil 'Cost of Living Index' value is 83.71
    Hong Kong 'Cost of Living Index' value is 84.40