Statement:
In The Bahamas, people spend less of their household budget on food and non-alcoholic beverages than in Mongolia

In the Where households spend more on food rating The Bahamas holds position #133 ²⁰²¹ out of 138 and Mongolia is #77 out of 138 ²⁰²¹.
Position of The Bahamas is better than position of Mongolia.
The Bahamas is an outsider of the "Where households spend more on food" rating. People spending a small part of their budget on food indicates a high standard of living, compared to Mongolia

Referencies:

1. Where households spend more on food ²⁰²¹ by International Labor Organization

   The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.

   The Bahamas	'% of household budget for food and non-alcoholic beverages' value is	10.24
   Mongolia	'% of household budget for food and non-alcoholic beverages' value is	26.07