Statement:
In Mexico the cost of living is higher than in Guatemala

In the Cost of Living rating Mexico holds position #63 2012 out of 90 and Guatemala is #83 out of 118 2014.
Position of Mexico is worse than position of Guatemala.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Mexico and Guatemala, 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.
    Guatemala 'Cost of Living Index' value is 41.34
    Mexico 'Cost of Living Index' value is 35.14
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Guatemala 'Cost of Living Index' value is 44.39
    Mexico 'Cost of Living Index' value is 36.74
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Guatemala 'Cost of Living Index' value is 44.23
    Mexico 'Cost of Living Index' value is 30.93
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Guatemala 'Cost of Living Index' value is 43.04
    Mexico 'Cost of Living Index' value is 34.29
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Guatemala 'Cost of Living Index' value is 43.37
    Mexico 'Cost of Living Index' value is 30.54
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Guatemala 'Cost of Living Index' value is 48.88
    Mexico 'Cost of Living Index' value is 36.28
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Guatemala 'Cost of Living Index' value is 42.40
    Mexico 'Cost of Living Index' value is 33.07
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Guatemala 'Cost of Living Index' value is 47.63
    Mexico 'Cost of Living Index' value is 38.07
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Guatemala 'Cost of Living Index' value is 51.51
    Mexico 'Cost of Living Index' value is 47.77
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Mexico 'Cost of Living Index' value is 53.56
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Mexico 'Cost of Living Index' value is 55.06