Statement:
In Monaco the cost of living is higher than in Namibia

In the Cost of Living rating Monaco holds position #4 ²⁰¹² out of 90 and Namibia is #50 out of 118 ²⁰¹⁴.
Position of Monaco is worse than position of Namibia.
Monaco is leader of the "Cost of Living" rating. Living in Monaco is really expensive, compared to Namibia

Referencies:

1. Cost of Living ²⁰²² by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Namibia

   'Cost of Living Index' value is

   35.59

2. Cost of Living ²⁰²¹ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.
3. Cost of Living ²⁰²⁰ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Namibia

   'Cost of Living Index' value is

   38.12

4. Cost of Living ²⁰¹⁹ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Namibia

   'Cost of Living Index' value is

   44.10

5. Cost of Living ²⁰¹⁸ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Namibia

   'Cost of Living Index' value is

   45.52

6. Cost of Living ²⁰¹⁷ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.
7. Cost of Living ²⁰¹⁶ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Namibia

   'Cost of Living Index' value is

   40.66

8. Cost of Living ²⁰¹⁵ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Namibia

   'Cost of Living Index' value is

   52.10

9. Cost of Living ²⁰¹⁴ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Namibia

   'Cost of Living Index' value is

   63.68

10. Cost of Living ²⁰¹³ by Numbeo

    The countries in the rating sorted by 'Cost of Living Index' in descending order.
11. Cost of Living ²⁰¹² by Numbeo

    The countries in the rating sorted by 'Cost of Living Index' in descending order.

    Monaco

    'Cost of Living Index' value is

    128.15