Cost of living in israel

The index that reveals the truth about life in Israel

The Best Countries index reveals a dramatic gap in the national brand: Alongside 11th place in global power, Israel stands 83rd in openness to business and at a low point in quality of life.

Israeli flags are displayed on a building that was damaged during the war against Iran
Rami Levy store.

After supermarkets and mobile services: Rami Levy is entering a new and surprising field

Zilberman, "Restoring governance is not only a security mission; it is the single most important economic step Israel can take to lower prices and return billions of shekels to its citizens."

New study links organized crime and weak governance to rising cost of living in Israel

Chairman of the “Together” party and former Prime Minister Naftali Bennett speaks during a press conference in Tel Aviv, June 15, 2026.

Former PM Bennett unveils plan to lower Israel’s cost of living if victorious in Knesset election


Israel's shekel at weakest against US dollar since COVID pandemic - report

A report by City Index found that Israel's currency saw the biggest drop in strength against the US dollar since the COVID-19 pandemic began in 2020.

 US and Israeli currency (1 dollar bills and 1 shekel coins respectively) are seen in this illustrative photo of money.

Israel had highest cost of living in OECD in 2022

In June of this year, Israel fell to fourth place behind Iceland, Ireland, and Switzerland.

 A CUSTOMER shops for groceries at a Rami Levy supermarket branch, in Jerusalem.

Arab youth look to a future abroad: A growing trend of emigration from MENA

Nearly half of Arab youth in the Levant and North Africa want to leave their home countries in search of better opportunities and stability, according to a recent survey.

 Transit camp for migrants near the Tunisian border with Libya

Despite CPI rise by 0.3%, the future of Israel’s inflation is uncertain

While a potential slowdown in economic activity is expected, the notable wage increases and shekel devaluation are set to have serious repercussions on the Israeli inflation rate.

 An illustrative image of a financial graph and shopping bag, symbolizing rising prices and wages.

Wages in Israel have increased since last year — and that’s bad

Higher nominal wages indicate continuing inflation within Israel, which could lead to further counter-inflationary action from the Bank of Israel.

 An illustrative image of a financial graph and shopping bag, symbolizing rising prices and wages.

How much does it cost Israelis to send their children to the IDF?

The high cost of living impacts all parts of life in Israel, and joining the IDF isn't free. Here's a look at how much it will cost to send your kids to the army.

Young Israelis arrive to the Israeli army recruitment center at Tel Hashomer, outside of Tel Aviv on March 17, 2020.

IMF says suspension of Black Sea grain deal could raise grain prices 10-15%

The IMF on Tuesday forecast that global headline inflation would fall to 6.8% in 2023 from 8.7% in 2022, dropping to 5.2% in 2024, with core inflation declining more gradually to 6.0% in 2023.

The Joint Coordination Centre officials are seen onboard Sierra Leone-flagged cargo ship Razoni, carrying Ukrainian grain, during an inspection in the Black Sea off Kilyos, near Istanbul, Turkey August 3, 2022.

Are Israel’s import standards too high for its own good?

The government wants to reform Israel’s import standards – but is there any hope for success while the Standards Institution stands in the way?

 RIDICULOUS: HEINZ introduced ketchup in 1876, but the product’s labeling has been downgraded in Israel to ‘tomato seasoning’ by the SII.

Is Israel’s notorious cost of living really that high?

A slew of economic factors have landed the Jewish state in a fairly expensive position – but how does it compare to other countries?

 ‘In nearly every category, Israelis can buy a lot less with their incomes than the average person in the OECD’

Local, regional authorities file High Court petition against 'Arnona Law'

Israeli authorities have argued that the "Arnona Law" could harm citizens and have detrimental economic effects on numerous localities.

 New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.