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

In the Cost of Living rating Hong Kong holds position #28 2012 out of 90 and Papua New Guinea is #9 out of 123 2015.
Position of Hong Kong 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 Hong Kong

Referencies:

  1. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 76.55
  2. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 80.82
  3. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 77.90
  4. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 79.21
  5. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 74.73
  6. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 79.24
  7. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 78.20
  8. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 75.03
    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.
    Hong Kong 'Cost of Living Index' value is 75.86
  10. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 77.81
  11. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 84.40