Statement:
In Nicaragua the cost of living is lower than in Saudi Arabia

In the Cost of Living rating Nicaragua holds position #80 2012 out of 90 and Saudi Arabia is #23 out of 90 2012.
Position of Nicaragua is better than position of Saudi Arabia.
Nicaragua is an outsider of the "Cost of Living" rating. Living in Nicaragua is not so expensive, compared to Saudi Arabia

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nicaragua 'Cost of Living Index' value is 37.17
    Saudi Arabia 'Cost of Living Index' value is 50.35
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nicaragua 'Cost of Living Index' value is 41.81
    Saudi Arabia 'Cost of Living Index' value is 49.60
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nicaragua 'Cost of Living Index' value is 43.70
    Saudi Arabia 'Cost of Living Index' value is 49.15
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nicaragua 'Cost of Living Index' value is 45.87
    Saudi Arabia 'Cost of Living Index' value is 48.71
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nicaragua 'Cost of Living Index' value is 44.45
    Saudi Arabia 'Cost of Living Index' value is 46.59
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Saudi Arabia 'Cost of Living Index' value is 50.22
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Saudi Arabia 'Cost of Living Index' value is 46.30
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nicaragua 'Cost of Living Index' value is 46.90
    Saudi Arabia 'Cost of Living Index' value is 48.19
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Saudi Arabia 'Cost of Living Index' value is 61.37
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Saudi Arabia 'Cost of Living Index' value is 72.17
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nicaragua 'Cost of Living Index' value is 48.31
    Saudi Arabia 'Cost of Living Index' value is 93.42