Cost of living in israel

Israel's cost of living surpasses wealthiest European countries

The cost of living in Israel is such an outlier that it erodes the standard of living in the country by 14%, and the study argues that it could encourage emigration.

Housing Prices.
"Consumers are shifting from category-based buying to choosing what’s cheapest, closest, and most convenient."

Matzot, vegetables, and a washing machine: Passover 2026 marks a new era of Israeli consumerism

Finance Minister and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 16, 2026.

Business owners protest at Knesset as Smotrich raises Israel's import tax exemption

FORMER PRIME MINISTER Naftali Bennett addresses the Conference of Presidents of Major American Jewish Organizations in Jerusalem on Tuesday.

Naftali Bennett's big comeback: Can the ex-PM return from political hiatus to topple Netanyahu?


Israel’s economy saw only 0.1% growth in August, worrying report says

Here's a closer look at the key factors influencing the Israeli economy as highlighted in August’s Index.

New Israeli Shekel bills are seen in front of a downwards-trending graph (illustration)

Israel's economy expanded by 3.1% in second quarter of 2023

Expenditure on public consumption rose by 3.8% in the second quarter, while defense consumption fell by 1.5%.

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

Carrefour sticks price warnings on food to shame suppliers

Since Monday, Carrefour has marked 26 products in its stores in France with labels reading, "This product has seen its volume or weight fall and the effective price by the supplier rise."

 FRESH OPTION for your morning coffee: Carrefour’s new branch in Beit Hakerem.

Rising prices and financial struggles impact High Holy Days season

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

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

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.