Cost of living in israel

How much does August cost for a family with three children?

In a regular school month, child-related expenses reach about NIS 8,600; in August, they can climb to roughly NIS 17,300.

How much does August cost for a family with three children?
McDonald's Big Mac

Israel jumps to second place globally in Big Mac Index

Israeli flags are displayed on a building that was damaged during the war against Iran

The index that reveals the truth about life in Israel

Rami Levy store.

After supermarkets and mobile services: Rami Levy is entering a new and surprising field


Olive oil becomes the latest economic and agricultural casualty in the Israel-Hamas War

According to the Consumers’ Council, the price of olive oil in Israel jumped by 39% this year, more than any other food product.

 GIVEN THE harsh reality of the ongoing Israel-Hamas War, the concept of buying locally produced olive oil has been shattered.

Israeli municipal tax to jump by 5%, biggest rise in 17 years

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.

House and calculator [Illustrative].

Netanyahu, Smotrich blame each other for price hikes

"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.

 Israeli Finance Minister Bezalel Smotrich speaks with Prime Minister Benjamin Netanyahu as lawmakers gather at the Knesset plenum to vote on a bill that would limit some Supreme Court power, in Jerusalem July 24, 2023.

Import reform set to cut cost of living bill drafted

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.

 Illustrative image of an empty wallet: What could be a result of Israel's very high cost of living.

Israel's Knesset committee approves EU import reform

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

 Prime Minister Netanyahu while Israel committee approves EU import reform

Eggs too expensive? This presidential candidate ad says you should blame Israel

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

Cenk Uygur gesturing while hosting The Young Turks live streaming show on June 23, 2015.

Price of electricity in Israel to rise 2.6% in February

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

 View of the Power Station in Hadera, on Janury 27, 2018.

Israelis will have to spend more when shopping abroad

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?

 Packages from abroad

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.