Statement:
In Sri Lanka the cost of living is lower than in Nicaragua

In the Cost of Living rating Sri Lanka holds position #84 2013 out of 102 and Nicaragua is #80 out of 90 2012.
Position of Sri Lanka is better than position of Nicaragua.
Nicaragua is an outsider of the "Cost of Living" rating. Living in Nicaragua is not so expensive, compared to Sri Lanka

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
    Sri Lanka 'Cost of Living Index' value is 22.41
  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
    Sri Lanka 'Cost of Living Index' value is 30.41
  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
    Sri Lanka 'Cost of Living Index' value is 32.93
  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
    Sri Lanka 'Cost of Living Index' value is 32.95
  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
    Sri Lanka 'Cost of Living Index' value is 33.89
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Sri Lanka 'Cost of Living Index' value is 34.88
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Sri Lanka 'Cost of Living Index' value is 32.12
  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
    Sri Lanka 'Cost of Living Index' value is 39.56
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Sri Lanka 'Cost of Living Index' value is 42.82
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Sri Lanka 'Cost of Living Index' value is 50.58
  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