Cost of living in israel

Israel's 26th Knesset has an opportunity to get to work - editorial

Israel cannot afford to wait for coalition negotiations to conclude. The newly elected Knesset must begin addressing urgent national challenges without delay.

The Knesset plenum is seen during the inaugural session of the 26th Knesset, in Jerusalem, November 10, 2026
Israel's Tax Authority prepares a NIS 10B reform.

Tax Authority prepares a NIS 10 Billion economic plan for the incoming government

Half of Israelis to forgo purchases in November sales.

Half of Israelis to forgo purchases in November sales

A rainbow-sprinkled doughnut.

Pistachio, chocolate and a price freeze: Israel’s Hanukkah doughnut season begins


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.

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.