Statement:
In Latvia the cost of living is lower than in New Zealand

In the Cost of Living rating Latvia holds position #45 2012 out of 90 and New Zealand is #12 out of 90 2012.
Position of Latvia is better than position of New Zealand.
New Zealand is leader of the "Cost of Living" rating. Living in New Zealand is really expensive, compared to Latvia

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 45.21
    New Zealand 'Cost of Living Index' value is 68.96
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 50.41
    New Zealand 'Cost of Living Index' value is 76.31
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 49.18
    New Zealand 'Cost of Living Index' value is 71.83
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 49.55
    New Zealand 'Cost of Living Index' value is 73.01
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 49.37
    New Zealand 'Cost of Living Index' value is 72.41
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 51.81
    New Zealand 'Cost of Living Index' value is 87.53
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 47.98
    New Zealand 'Cost of Living Index' value is 81.53
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 48.71
    New Zealand 'Cost of Living Index' value is 79.84
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 64.10
    New Zealand 'Cost of Living Index' value is 106.70
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 67.96
    New Zealand 'Cost of Living Index' value is 113.63
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 67.76
    New Zealand 'Cost of Living Index' value is 101.65