Cost of living in israel

Global coffee prices have reached a 50-year high, threatening Israel's 1.5 billion-shekel coffee market.

With soaring living costs, Friends for Health is stepping up to provide vital medications to those in need.

HaStock described the move as a significant milestone, poised to benefit Israeli consumers by addressing the high cost of every day items.

Unilever will raise chocolate prices by 12%-16% starting January 1, including Klik snacks, following Strauss's recent cocoa and coffee price hikes.

The NII also stressed that the cost of living was 4.2% higher in 2023 than in 2022 and that this followed a 4.4% increase in the year before.

First Published: YES is raising prices by NIS 5 for premium and VOD packages starting in January, citing higher VAT and production costs.

While prices rise in Israel, there are still places in Europe where you can live well at a reasonable cost. We found the cheapest countries, including rental, beer, and restaurant prices.

"The State of Israel is characterized by high concentration in the food market," said the comptroller. "We cannot accept the lack of action by government officials regarding concentration."

According to the Consumers’ Council, the price of olive oil in Israel jumped by 39% this year, more than any other food product.

Local municipalities can request an exception to the updated rate set by the Interior Ministry, meaning some could charge an even higher rate if they receive approval.