Statement:
In Saudi Arabia the cost of living is higher than in Hong Kong

In the Cost of Living rating Saudi Arabia holds position #23 2012 out of 90 and Hong Kong is #28 out of 90 2012.
Position of Saudi Arabia is worse 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 Saudi Arabia and Hong Kong, compared to most countries of the World.

Referencies:

  1. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 76.55
    Saudi Arabia 'Cost of Living Index' value is 50.35
  2. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 80.82
    Saudi Arabia 'Cost of Living Index' value is 49.60
  3. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 77.90
    Saudi Arabia 'Cost of Living Index' value is 49.15
  4. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 79.21
    Saudi Arabia 'Cost of Living Index' value is 48.71
  5. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 74.73
    Saudi Arabia 'Cost of Living Index' value is 46.59
  6. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 79.24
    Saudi Arabia 'Cost of Living Index' value is 50.22
  7. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 78.20
    Saudi Arabia 'Cost of Living Index' value is 46.30
  8. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 75.03
    Saudi Arabia 'Cost of Living Index' value is 48.19
  9. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 75.86
    Saudi Arabia 'Cost of Living Index' value is 61.37
  10. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 77.81
    Saudi Arabia 'Cost of Living Index' value is 72.17
  11. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Hong Kong 'Cost of Living Index' value is 84.40
    Saudi Arabia 'Cost of Living Index' value is 93.42