Statement:
In Singapore the cost of living is higher than in Peru

In the Cost of Living rating Singapore holds position #19 2012 out of 90 and Peru is #62 out of 90 2012.
Position of Singapore is worse than position of Peru.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Singapore and Peru, 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.
    Peru 'Cost of Living Index' value is 30.74
    Singapore 'Cost of Living Index' value is 79.09
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Peru 'Cost of Living Index' value is 33.01
    Singapore 'Cost of Living Index' value is 82.63
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Peru 'Cost of Living Index' value is 37.64
    Singapore 'Cost of Living Index' value is 81.13
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Peru 'Cost of Living Index' value is 38.82
    Singapore 'Cost of Living Index' value is 80.23
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Peru 'Cost of Living Index' value is 38.32
    Singapore 'Cost of Living Index' value is 80.40
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Peru 'Cost of Living Index' value is 42.06
    Singapore 'Cost of Living Index' value is 88.07
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Peru 'Cost of Living Index' value is 38.36
    Singapore 'Cost of Living Index' value is 87.83
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Peru 'Cost of Living Index' value is 41.88
    Singapore 'Cost of Living Index' value is 88.12
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Peru 'Cost of Living Index' value is 51.62
    Singapore 'Cost of Living Index' value is 100.98
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Peru 'Cost of Living Index' value is 48.82
    Singapore 'Cost of Living Index' value is 105.39
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Peru 'Cost of Living Index' value is 55.10
    Singapore 'Cost of Living Index' value is 96.08