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

In the Cost of Living rating South Africa holds position #37 2012 out of 90 and Nicaragua is #80 out of 90 2012.
Position of South Africa is worse than position of Nicaragua.
Nicaragua is an outsider of the "Cost of Living" rating. Living in Nicaragua is not so expensive, compared to South Africa

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Nicaragua 'Cost of Living Index' value is 37.17
    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.
    Nicaragua 'Cost of Living Index' value is 41.81
    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.
    Nicaragua 'Cost of Living Index' value is 43.70
    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.
    Nicaragua 'Cost of Living Index' value is 45.87
    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.
    Nicaragua 'Cost of Living Index' value is 44.45
    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.
    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.
    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.
    Nicaragua 'Cost of Living Index' value is 46.90
    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.
    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.
    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.
    Nicaragua 'Cost of Living Index' value is 48.31
    South Africa 'Cost of Living Index' value is 75.64