Statement:
In South Korea the cost of living is higher than in Trinidad and Tobago

In the Cost of Living rating South Korea holds position #43 2012 out of 90 and Trinidad and Tobago is #61 out of 102 2013.
Position of South Korea is worse than position of Trinidad and Tobago.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both South Korea and Trinidad and Tobago, 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.
    South Korea 'Cost of Living Index' value is 66.95
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Korea 'Cost of Living Index' value is 76.46
    Trinidad and Tobago 'Cost of Living Index' value is 54.78
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Korea 'Cost of Living Index' value is 75.93
    Trinidad and Tobago 'Cost of Living Index' value is 56.66
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Korea 'Cost of Living Index' value is 75.16
    Trinidad and Tobago 'Cost of Living Index' value is 54.17
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Korea 'Cost of Living Index' value is 76.62
    Trinidad and Tobago 'Cost of Living Index' value is 52.42
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Korea 'Cost of Living Index' value is 81.07
    Trinidad and Tobago 'Cost of Living Index' value is 57.81
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Korea 'Cost of Living Index' value is 74.45
    Trinidad and Tobago 'Cost of Living Index' value is 53.33
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Korea 'Cost of Living Index' value is 77.80
    Trinidad and Tobago 'Cost of Living Index' value is 57.97
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Korea 'Cost of Living Index' value is 91.41
    Trinidad and Tobago 'Cost of Living Index' value is 56.12
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Korea 'Cost of Living Index' value is 80.44
    Trinidad and Tobago 'Cost of Living Index' value is 61.60
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    South Korea 'Cost of Living Index' value is 68.62