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

In the Cost of Living rating New Zealand holds position #12 2012 out of 90 and Bermuda is #1 out of 121 2016.
Position of New Zealand is better than position of Bermuda.
Both countries are leaders of the "Cost of Living" rating. Living in New Zealand and Bermuda is really expensive, 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.
    Bermuda 'Cost of Living Index' value is 141.74
    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.
    Bermuda 'Cost of Living Index' value is 147.51
    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.
    Bermuda 'Cost of Living Index' value is 147.77
    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.
    Bermuda 'Cost of Living Index' value is 138.22
    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.
    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.
    Bermuda 'Cost of Living Index' value is 150.38
    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.
    Bermuda 'Cost of Living Index' value is 140.31
    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.
    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.
    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.
    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.
    New Zealand 'Cost of Living Index' value is 101.65