Statement:
In Portugal the cost of living is lower than in Israel

In the Cost of Living rating Portugal holds position #42 2012 out of 90 and Israel is #20 out of 90 2012.
Position of Portugal is better than position of Israel.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Portugal and Israel, compared to most countries of the World.

Referencies:

  1. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Israel 'Cost of Living Index' value is 77.28
    Portugal 'Cost of Living Index' value is 42.18
  2. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Israel 'Cost of Living Index' value is 84.77
    Portugal 'Cost of Living Index' value is 50.65
  3. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Israel 'Cost of Living Index' value is 82.52
    Portugal 'Cost of Living Index' value is 49.52
  4. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Israel 'Cost of Living Index' value is 79.54
    Portugal 'Cost of Living Index' value is 50.77
  5. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Israel 'Cost of Living Index' value is 74.86
    Portugal 'Cost of Living Index' value is 50.64
  6. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Israel 'Cost of Living Index' value is 88.56
    Portugal 'Cost of Living Index' value is 54.63
  7. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Israel 'Cost of Living Index' value is 75.23
    Portugal 'Cost of Living Index' value is 49.82
  8. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Israel 'Cost of Living Index' value is 77.57
    Portugal 'Cost of Living Index' value is 50.55
  9. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Israel 'Cost of Living Index' value is 91.55
    Portugal 'Cost of Living Index' value is 67.78
  10. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Israel 'Cost of Living Index' value is 92.24
    Portugal 'Cost of Living Index' value is 75.31
  11. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Israel 'Cost of Living Index' value is 95.45
    Portugal 'Cost of Living Index' value is 70.76