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

In the Cost of Living rating Monaco holds position #4 2012 out of 90 and South Africa is #37 out of 90 2012.
Position of Monaco is worse than position of South Africa.
Monaco is leader of the "Cost of Living" rating. Living in Monaco is really expensive, compared to South Africa

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Africa 'Cost of Living Index' value is 37.94
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Africa 'Cost of Living Index' value is 44.21
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Africa 'Cost of Living Index' value is 37.52
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Africa 'Cost of Living Index' value is 43.74
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Africa 'Cost of Living Index' value is 42.11
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Africa 'Cost of Living Index' value is 46.45
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Africa 'Cost of Living Index' value is 37.76
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Africa 'Cost of Living Index' value is 43.50
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Africa 'Cost of Living Index' value is 49.55
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Africa 'Cost of Living Index' value is 60.20
  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
    South Africa 'Cost of Living Index' value is 75.64