Statement:
In Paraguay the cost of living is lower than in Hong Kong

In the Cost of Living rating Paraguay holds position #107 2019 out of 134 and Hong Kong is #28 out of 90 2012.
Position of Paraguay is better than position of Hong Kong.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Paraguay and Hong Kong, 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.
    Hong Kong 'Cost of Living Index' value is 76.55
    Paraguay 'Cost of Living Index' value is 30.24
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 80.82
    Paraguay 'Cost of Living Index' value is 30.72
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 77.90
    Paraguay 'Cost of Living Index' value is 30.34
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 79.21
    Paraguay 'Cost of Living Index' value is 33.32
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 74.73
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 79.24
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 78.20
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 75.03
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 75.86
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 77.81
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 84.40