cost of living in israel

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.

"It is inconceivable that the concern for the PA and terror funds that it pays to families of terrorists will be more important than the citizens of Israel," Smotrich wrote.

The proposal's main goal is to adopt EU regulations in additional areas of food safety, including regulations regarding what information must be provided to consumers.

This move is expected to dramatically reduce the cost of living in Israel and create a structural change in the Israeli market.

The advert suggested that the cost of living in America was so high because funds needed to be set aside for "killing Palestinians."

As a result of the change, the average electricity bill will increase by about NIS 10 per month.

The Finance Ministry seeks to scrap VAT exemption on overseas purchases, for a potential increase of NIS 3 billion in revenue; Israeli retailers welcome the move, but what about the citizens?