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cost of living

Zara Israel's new policy costs customers more

Customers are surprised to learn they must pay for items exchanged and wait 14 days to be reimbursed; Zara Israel walks away from practice in most markets and by most retailers who allow the exchange of items at no cost to shoppers

Meirav Crystal | 11.05.24

Government to remove duty tax on imported honey ahead of Rosh Hashanah

Finance Ministry aims to push for a three-month tax-free period but won't require retailers to lower prices; Turkish ban on imports expected to impact prices

Meirav Crystal | 08.27.24

Blame it on the war: Tel Aviv drops 20 places on most livable cities index

Economist's annual index places largest city in central Israel in 112th place down from its previous ranking of 92, citing high instability and cost of living as war continues

Ynet | 06.30.24

קנצלר גרמניה אולף שולץ נשיא צרפת עמנואל מקרון

European Parliament elections: Macron and Scholz humbled, Meloni riding high

Nationalist and far-right parties gain significant clout following vote, sending shock waves across Europe; concerns about immigration, cost of living and Ukraine war have tipped the scales in the right’s favor

Ynet | 06.11.24

Is Israel really the most expensive country?

The OECD said Israel is the most expensive place to live, but it might not be possible to accurately compare different countries when it comes to cost if living, expert tells Ynet

Tzachi Sade | 08.29.23

Israel tops OECD's most expensive countries to live in

Hebrew University expert says currency value trends explain short-term hikes but long-term trajectory must be attributed to the balance of payments and the influx of foreign currency in the high-tech sector but not in others

Adiel Eithan Mustaki | 08.27.23

Housing Ministry's Haredi chief takes on Israel's real estate woes

Yehuda Morgenstern made an unconventional and remarkable journey from a yeshiva in Bnei Brak to leading the Housing Ministry; In Ynet interview, he underscores secular-Haredi bridges, addresses rental costs and discusses Israel's persistent high home prices

Hila Tsion | 08.11.23

Government unveils goals for 2023: Cost of living, infrastructure and digitalization

Targets include 36% increase in clearance rate of criminal cases in Arab sector, approval of 40,000 firearm permits and 86% employment rate among non-Haredi Jews; However, despite past promises, outline lacks measurable goals for reducing living costs

Itamar Eichner | 07.16.23

Israeli housing market takes a dip, consumer prices hold steady, inflation at 4.2%

Interest rate hikes seem to make a dent on persistent cost of living problem as Consumer Price Index unchanged in June, defying all predictions; Housing prices downtick 0.3% compared to last month but grew 7.6% year-on-year; rent prices surge 9.8%

Hila Tsion | 07.15.23

Major importer insists Israeli cost of living is not exorbitant

CEO expresses concern over pending legislation aimed at restricting major importers; 'After 30 years building our company, 'it's disheartening to face dissolution at the hands of regulators'

Navit Zomer | 06.20.23

Tel Aviv ranked 8th most expensive city to relocate to

Tel Aviv drops two spots in ECA International ranking compared to last year, mainly due to the strengthening of the dollar; New York overtakes Hong Kong to secure first place

Ynet | 06.07.23

Priced out: The New York reality for Israelis with a dream

Life in New York has become almost unbearable even for Americans who make a decent living, but for Israelis and observant Jews who dream of living the Big Apple life, expenses could price them out of the city entirely

Daniel Edelson, New York | 05.29.23

As rent prices keep climbing, which Israeli cities have it worse?

Tel Aviv remains the most expensive city to rent in Israel, with an average monthly rent of $1,904 while Haifa and Be'er Sheva offer more affordable options for those looking for cheaper housing alternatives

Hila Tsion | 05.18.23

Inflation shocker: Core rates in Israel soar past predicted levels

While inflation numbers in most countries around the world are seeing a decline, Israel sees an opposite trend, with consumer price index up 0.8% in April and core inflation at 5% year-on-year

Gad Lior, Hila Tsion | 05.15.23

Israelis stage fresh 'day of disruption' in protest of Netanyahu government's judicial reform

Protesters obstruct roads across the country and picket homes of Cabinet members, with focus also shifting to rising cost of living and surging crime; police make several arrests

ynet correspondents | 05.04.23