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

In the Cost of Living rating Iceland holds position #10 2012 out of 90 and Monaco is #4 out of 90 2012.
Position of Iceland is better than position of Monaco.
Both countries are leaders of the "Cost of Living" rating. Living in Iceland and Monaco is really expensive, 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.
    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.
    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.
    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.
    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.
    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.
    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.
    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.
    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.
    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
    Monaco 'Cost of Living Index' value is 128.15