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

In the Cost of Living rating Panama holds position #67 2012 out of 90 and Finland is #14 out of 90 2012.
Position of Panama is better than position of Finland.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Panama and Finland, 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.
    Finland 'Cost of Living Index' value is 63.75
    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.
    Finland 'Cost of Living Index' value is 76.35
    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.
    Finland 'Cost of Living Index' value is 72.71
    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.
    Finland 'Cost of Living Index' value is 72.18
    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.
    Finland 'Cost of Living Index' value is 72.73
    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.
    Finland 'Cost of Living Index' value is 81.23
    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.
    Finland 'Cost of Living Index' value is 74.39
    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.
    Finland 'Cost of Living Index' value is 76.89
    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.
    Finland 'Cost of Living Index' value is 101.95
    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.
    Finland 'Cost of Living Index' value is 106.99
    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.
    Finland 'Cost of Living Index' value is 99.69
    Panama 'Cost of Living Index' value is 54.02