Cost of living in israel

The number left out of the CPI, but weighing on almost every household

A Taub Center study shows the Consumer Price Index does not fully reflect the cost of living. The interest on mortgages and credit burdens households, yet is excluded from the calculation.

Credit card payment.
A NIS 577.18 gap for the exact same shopping basket.

Where will you find the cheapest Rosh Hashanah shopping basket?

People stand at the departure gate of an airport.

Men more likely than women to say Israel challenges cause them to consider emigration - poll

Sheep's milk cheeses.

The market is open for competition: The move expected to lower sheep cheese prices


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.

Good news for drivers: Gas prices will remain stable, for now

Since April 2022, when gas prices rose worldwide, temporary provisions have been continuously used to reduce the price.

 Illustration image of a man fueling his car at a gas station, in Jerusalem, on June 28, 2022.