Statement:
In Paraguay the cost of living is lower than in Sri Lanka

In the Cost of Living rating Paraguay holds position #107 2019 out of 134 and Sri Lanka is #84 out of 102 2013.
Position of Paraguay is better than position of Sri Lanka.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Paraguay and Sri Lanka, 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.
    Paraguay 'Cost of Living Index' value is 30.24
    Sri Lanka 'Cost of Living Index' value is 22.41
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Paraguay 'Cost of Living Index' value is 30.72
    Sri Lanka 'Cost of Living Index' value is 30.41
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Paraguay 'Cost of Living Index' value is 30.34
    Sri Lanka 'Cost of Living Index' value is 32.93
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Paraguay 'Cost of Living Index' value is 33.32
    Sri Lanka 'Cost of Living Index' value is 32.95
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Sri Lanka 'Cost of Living Index' value is 33.89
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Sri Lanka 'Cost of Living Index' value is 34.88
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Sri Lanka 'Cost of Living Index' value is 32.12
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Sri Lanka 'Cost of Living Index' value is 39.56
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Sri Lanka 'Cost of Living Index' value is 42.82
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Sri Lanka 'Cost of Living Index' value is 50.58
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.