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

In the Cost of Living rating Panama holds position #67 2012 out of 90 and Mozambique is #48 out of 118 2014.
Position of Panama is better than position of Mozambique.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Panama and Mozambique, compared to most countries of the World.

Referencies:

  1. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 48.25
  2. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 53.03
  3. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Mozambique 'Cost of Living Index' value is 39.98
    Panama 'Cost of Living Index' value is 55.02
  4. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Mozambique 'Cost of Living Index' value is 44.65
    Panama 'Cost of Living Index' value is 52.98
  5. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 50.49
  6. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 57.79
  7. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Mozambique 'Cost of Living Index' value is 32.22
    Panama 'Cost of Living Index' value is 51.92
  8. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Mozambique 'Cost of Living Index' value is 50.83
    Panama 'Cost of Living Index' value is 53.81
  9. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Mozambique 'Cost of Living Index' value is 64.54
    Panama 'Cost of Living Index' value is 51.61
  10. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 53.38
  11. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 54.02