Statement:
In Panama the cost of living is higher than in North Macedonia

In the Cost of Living rating Panama holds position #67 2012 out of 90 and North Macedonia is #87 out of 90 2012.
Position of Panama is worse than position of North Macedonia.
North Macedonia is an outsider of the "Cost of Living" rating. Living in North Macedonia 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.
    North Macedonia 'Cost of Living Index' value is 28.51
    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.
    North Macedonia 'Cost of Living Index' value is 32.76
    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.
    North Macedonia 'Cost of Living Index' value is 32.96
    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.
    North Macedonia 'Cost of Living Index' value is 32.27
    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.
    North Macedonia 'Cost of Living Index' value is 31.49
    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.
    North Macedonia 'Cost of Living Index' value is 33.79
    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.
    North Macedonia 'Cost of Living Index' value is 32.04
    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.
    North Macedonia 'Cost of Living Index' value is 31.66
    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.
    North Macedonia 'Cost of Living Index' value is 42.59
    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.
    North Macedonia 'Cost of Living Index' value is 46.48
    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.
    North Macedonia 'Cost of Living Index' value is 42.80
    Panama 'Cost of Living Index' value is 54.02