Statement:
In South Africa the cost of living is higher than in Latvia

In the Cost of Living rating South Africa holds position #37 2012 out of 90 and Latvia is #45 out of 90 2012.
Position of South Africa is worse than position of Latvia.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both South Africa and Latvia, 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.
    Latvia 'Cost of Living Index' value is 45.21
    South Africa 'Cost of Living Index' value is 37.94
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 50.41
    South Africa 'Cost of Living Index' value is 44.21
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 49.18
    South Africa 'Cost of Living Index' value is 37.52
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 49.55
    South Africa 'Cost of Living Index' value is 43.74
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 49.37
    South Africa 'Cost of Living Index' value is 42.11
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 51.81
    South Africa 'Cost of Living Index' value is 46.45
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 47.98
    South Africa 'Cost of Living Index' value is 37.76
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 48.71
    South Africa 'Cost of Living Index' value is 43.50
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 64.10
    South Africa 'Cost of Living Index' value is 49.55
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 67.96
    South Africa 'Cost of Living Index' value is 60.20
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Latvia 'Cost of Living Index' value is 67.76
    South Africa 'Cost of Living Index' value is 75.64