cost of living in israel

Rising prices and financial struggles impact High Holy Days season

IFCJ launches aid operation to support needy families amid the High Holy Days.

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.

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.

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.

By DAOUD KUTTAB/THE MEDIA LINE
23/08/2023

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.

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.

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

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.

By LEE SIBYLA/WALLA!
06/08/2023

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.

By REUTERS
25/07/2023

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?

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?

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