Statement:
In Somalia the cost of living is lower than in Mongolia

In the Cost of Living rating Somalia holds position #84 ²⁰²⁰ out of 132 and Mongolia is #68 out of 90 ²⁰¹².
Position of Somalia is better than position of Mongolia.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Somalia and Mongolia, 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.

   Mongolia	'Cost of Living Index' value is	33.69
   Somalia	'Cost of Living Index' value is	31.92

2. Cost of Living ²⁰²¹ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Mongolia	'Cost of Living Index' value is	33.73
   Somalia	'Cost of Living Index' value is	34.50

3. Cost of Living ²⁰²⁰ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Mongolia	'Cost of Living Index' value is	33.97
   Somalia	'Cost of Living Index' value is	38.48

4. Cost of Living ²⁰¹⁹ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.

   Mongolia

   'Cost of Living Index' value is

   34.43

5. Cost of Living ²⁰¹⁸ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.
6. Cost of Living ²⁰¹⁷ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.
7. Cost of Living ²⁰¹⁶ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.
8. Cost of Living ²⁰¹⁵ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.
9. Cost of Living ²⁰¹⁴ by Numbeo

   The countries in the rating sorted by 'Cost of Living Index' in descending order.
10. Cost of Living ²⁰¹³ by Numbeo

    The countries in the rating sorted by 'Cost of Living Index' in descending order.
11. Cost of Living ²⁰¹² by Numbeo

    The countries in the rating sorted by 'Cost of Living Index' in descending order.

    Mongolia

    'Cost of Living Index' value is

    53.86