Statement:
In South Korea the cost of living is higher than in Iraq

In the Cost of Living rating South Korea holds position #43 2012 out of 90 and Iraq is #65 out of 102 2013.
Position of South Korea is worse than position of Iraq.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both South Korea and Iraq, compared to most countries of the World.

Referencies:

  1. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iraq 'Cost of Living Index' value is 31.81
    South Korea 'Cost of Living Index' value is 66.95
  2. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iraq 'Cost of Living Index' value is 36.02
    South Korea 'Cost of Living Index' value is 76.46
  3. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iraq 'Cost of Living Index' value is 38.49
    South Korea 'Cost of Living Index' value is 75.93
  4. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iraq 'Cost of Living Index' value is 39.84
    South Korea 'Cost of Living Index' value is 75.16
  5. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iraq 'Cost of Living Index' value is 40.93
    South Korea 'Cost of Living Index' value is 76.62
  6. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iraq 'Cost of Living Index' value is 48.71
    South Korea 'Cost of Living Index' value is 81.07
  7. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iraq 'Cost of Living Index' value is 46.38
    South Korea 'Cost of Living Index' value is 74.45
  8. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iraq 'Cost of Living Index' value is 48.84
    South Korea 'Cost of Living Index' value is 77.80
  9. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iraq 'Cost of Living Index' value is 51.89
    South Korea 'Cost of Living Index' value is 91.41
  10. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Iraq 'Cost of Living Index' value is 57.16
    South Korea 'Cost of Living Index' value is 80.44
  11. The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Korea 'Cost of Living Index' value is 68.62