Tel Aviv Social Justice Protest 311.
(photo credit: Marc Israel Sellem)
If anyone is looking for further proof about Israel’s high cost of living, here
it is: Tel Aviv is more expensive than New York, topping it by 14 places in the
ECA International survey of the world’s most expensive cities in 2011. Tel Aviv
was ranked 32nd and New York was ranked 46th. Jerusalem, at 39th place, also
ranked higher than the famous US megacity.
Tel Aviv outranked other major
cities, including Berlin, Rome, Vienna, Shanghai, Beijing, Vancouver, Ottawa and
Although Tel Aviv’s ranking fell from 18th place in the 2010
survey, this was not due to a drop in the cost of living in Israel, but rather
came about because of a rise in the cost of living in other cities.
Aviv and Jerusalem are the most expensive cities in the Middle East. Dubai
ranked 180th, while Jedda, Saudi Arabia, in 232nd place, is the least expensive
city in the Middle East.
The Japanese yen kept Tokyo as number one in the
world’s most expensive city rankings for the second year. Oslo, in second place,
is the most expensive city in Europe, up from sixth place in 2010. The Angolan
capital Luanda fell from second place last year to eleventh place this year,
keeping its title as the most expensive city in Africa The ECA International
rankings weigh the cost of food (the price of milk, meat, fish, fresh fruits and
vegetables in stores), basic goods (beverages, tobacco, and various services),
and general expenses (clothing, electronics, and dining in restaurants),
information which was compiled on the basis of two-year surveys. However, the
index does not take into account expenses such as housing, education, utilities
(water, electricity and gas) or the purchase of a car, because these are
sometimes partly or wholly covered by employers.