Statement:
In Iceland the cost of living is higher than in Montenegro

In the Cost of Living rating Iceland holds position #10 2012 out of 90 and Montenegro is #54 out of 90 2012.
Position of Iceland is worse than position of Montenegro.
Iceland is leader of the "Cost of Living" rating. Living in Iceland is really expensive, compared to Montenegro

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
    Montenegro 'Cost of Living Index' value is 34.74
  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
    Montenegro 'Cost of Living Index' value is 39.81
  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
    Montenegro 'Cost of Living Index' value is 38.68
  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
    Montenegro 'Cost of Living Index' value is 39.37
  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
    Montenegro 'Cost of Living Index' value is 40.02
  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
    Montenegro 'Cost of Living Index' value is 43.74
  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
    Montenegro 'Cost of Living Index' value is 40.28
  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
    Montenegro 'Cost of Living Index' value is 40.36
  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
    Montenegro 'Cost of Living Index' value is 54.88
  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
    Montenegro 'Cost of Living Index' value is 63.18
  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
    Montenegro 'Cost of Living Index' value is 62.24