Pop the Champagne: Tel Aviv Is the Tenth Most Expensive City in The World
A survey released Monday by the Economist compared the prices of more than 160 products and services in cities around the world, found Paris, Singapore, and Hong Kong to be the most expensive
Adi Pick | 12:20 19.03.2019
Tel Aviv is the tenth most expensive city in the world, according to the 2019 worldwide cost of living report published Monday by the Economist. The survey compares the prices of more than 160 products and services in cities around the world, including food and drinks, clothing, household supplies, average monthly rent, utility bills, private schools, and recreational activities. For daily updates, subscribe to our newsletter by clicking here. Paris, Singapore, and Hong Kong share the throne of the world's most expensive city. Rounding out the top five cities are Zurich, Geneva, and Osaka. New York tied Seoul and Copenhagen for sixth place, leaving both Tel Aviv and Los Angeles as the tenth most expensive cities in the world.
With Real Estate agents selling out our own to foreigners, and 1/2 of TLV rentals becoming AirBNB's it's no wonder. TLV will be the city for the rich, and the tourists, while the rest of us will be in Rishon. What is sad, is that all the small business... will dry up with it.
back in 1968
I left LA to live in Israel in 1968. Rented an apt in Ramat Aviv. If I had $14k, could have bought an apt there, but did not have it. TA was cheap but very nice. no one had much, and car were very expensive (like today) . things have changed. Israel has shot up in the world, US hasn't....