Statement:
In Nepal the cost of living is lower than in Panama

In the Cost of Living rating Nepal holds position #84 2012 out of 90 and Panama is #67 out of 90 2012.
Position of Nepal is better than position of Panama.
Nepal is an outsider of the "Cost of Living" rating. Living in Nepal is not so expensive, compared to Panama

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nepal 'Cost of Living Index' value is 26.18
    Panama 'Cost of Living Index' value is 48.25
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nepal 'Cost of Living Index' value is 27.86
    Panama 'Cost of Living Index' value is 53.03
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nepal 'Cost of Living Index' value is 28.17
    Panama 'Cost of Living Index' value is 55.02
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nepal 'Cost of Living Index' value is 30.69
    Panama 'Cost of Living Index' value is 52.98
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nepal 'Cost of Living Index' value is 29.55
    Panama 'Cost of Living Index' value is 50.49
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nepal 'Cost of Living Index' value is 32.59
    Panama 'Cost of Living Index' value is 57.79
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nepal 'Cost of Living Index' value is 28.00
    Panama 'Cost of Living Index' value is 51.92
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nepal 'Cost of Living Index' value is 27.53
    Panama 'Cost of Living Index' value is 53.81
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nepal 'Cost of Living Index' value is 31.17
    Panama 'Cost of Living Index' value is 51.61
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nepal 'Cost of Living Index' value is 38.74
    Panama 'Cost of Living Index' value is 53.38
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nepal 'Cost of Living Index' value is 44.28
    Panama 'Cost of Living Index' value is 54.02