Statement:
In Italy the cost of living is higher than in Somalia

In the Cost of Living rating Italy holds position #22 2012 out of 90 and Somalia is #84 out of 132 2020.
Position of Italy is worse than position of Somalia.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Italy and Somalia, compared to most countries of the World.

Referencies:

  1. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Italy 'Cost of Living Index' value is 58.47
    Somalia 'Cost of Living Index' value is 31.92
  2. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Italy 'Cost of Living Index' value is 69.99
    Somalia 'Cost of Living Index' value is 34.50
  3. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Italy 'Cost of Living Index' value is 68.95
    Somalia 'Cost of Living Index' value is 38.48
  4. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Italy 'Cost of Living Index' value is 69.02
  5. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Italy 'Cost of Living Index' value is 69.68
  6. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Italy 'Cost of Living Index' value is 77.36
  7. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Italy 'Cost of Living Index' value is 69.65
  8. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Italy 'Cost of Living Index' value is 72.38
  9. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Italy 'Cost of Living Index' value is 95.76
  10. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Italy 'Cost of Living Index' value is 101.42
  11. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Italy 'Cost of Living Index' value is 94.82