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

In the Cost of Living rating Panama holds position #67 2012 out of 90 and Ukraine is #70 out of 90 2012.
Position of Panama is worse than position of Ukraine.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Panama and Ukraine, 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
    Ukraine 'Cost of Living Index' value is 30.70
  2. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 53.03
    Ukraine 'Cost of Living Index' value is 31.20
  3. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 55.02
    Ukraine 'Cost of Living Index' value is 30.05
  4. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 52.98
    Ukraine 'Cost of Living Index' value is 30.94
  5. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 50.49
    Ukraine 'Cost of Living Index' value is 27.08
  6. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 57.79
    Ukraine 'Cost of Living Index' value is 29.21
  7. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 51.92
    Ukraine 'Cost of Living Index' value is 26.95
  8. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 53.81
    Ukraine 'Cost of Living Index' value is 30.75
  9. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 51.61
    Ukraine 'Cost of Living Index' value is 44.33
  10. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 53.38
    Ukraine 'Cost of Living Index' value is 48.56
  11. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Panama 'Cost of Living Index' value is 54.02
    Ukraine 'Cost of Living Index' value is 51.10