Statement:
In Portugal the cost of living is lower than in Papua New Guinea

In the Cost of Living rating Portugal holds position #42 2012 out of 90 and Papua New Guinea is #9 out of 123 2015.
Position of Portugal is better than position of Papua New Guinea.
Papua New Guinea is leader of the "Cost of Living" rating. Living in Papua New Guinea is really expensive, compared to Portugal

Referencies:

  1. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Portugal 'Cost of Living Index' value is 42.18
  2. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Portugal 'Cost of Living Index' value is 50.65
  3. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Portugal 'Cost of Living Index' value is 49.52
  4. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Portugal 'Cost of Living Index' value is 50.77
  5. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Portugal 'Cost of Living Index' value is 50.64
  6. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Portugal 'Cost of Living Index' value is 54.63
  7. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Portugal 'Cost of Living Index' value is 49.82
  8. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Papua New Guinea 'Cost of Living Index' value is 86.55
    Portugal 'Cost of Living Index' value is 50.55
  9. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Portugal 'Cost of Living Index' value is 67.78
  10. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Portugal 'Cost of Living Index' value is 75.31
  11. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Portugal 'Cost of Living Index' value is 70.76