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cost of living

News and updates about cost of living

Israeli dairy giant to raise prices

Tara dairy giant sends notice to supermarket chains announcing price hike for dairy products which are not price-controlled.

Israeli dairy giant to raise prices

Former Economy Min.: Freeze price of electricity

'Government must enact emergency plan to stop the rise in prices, reduce cost of living,' Likud's MK Eli Cohen urges.

Former Economy Min.: Freeze price of electricity

Children from poor families to get vouchers for school supplies

Survey conducted in partnership with Geocartography finds 25 percent of Israeli parents unable to afford basic school supplies.

Children from poor families to get vouchers for school supplies

Netanyahu promises: 'We'll lower taxes, cost of living'

Likud leader MK Netanyahu presents list of concrete steps to lower cost of living, basic necessities.

Netanyahu promises: 'We'll lower taxes, cost of living'

Lapid: Nothing was done about cost of living for 15 years

PM calls violence against women a "stain on our country" during weekly Cabinet meeting.

Lapid: Nothing was done about cost of living for 15 years

Electricity will be more expensive next week

The price of electricity in Israel is expected to increase in a week, on August 1, by 8.6%, the Electricity Authority announced today.

Electricity will be more expensive next week

Lapid presents plan to moderate bread price increases

PM, Economy Minister Orna Barbivay reach agreement on plan to limit how much prices of bread will rise.

Lapid presents plan to moderate bread price increases

Lapid: Gas prices to drop next week

PM says govt. to act to lower cost of living during weekly Cabinet meeting.

Lapid: Gas prices to drop next week

Shas MK suggests price cap for rental homes

MK Uriel Busso says government won't work to lower housing prices, calls on haredi rabbis to step up to the plate instead.

Shas MK suggests price cap for rental homes

Opposition bill to raise minimum wage passes, embarrassing govt

Joint List bill passes with support from Ra'am. Labor & Meretz abstain from vote.

Opposition bill to raise minimum wage passes, embarrassing govt

Why did MK Abutbul brandish a loaf of bread in the Knesset?

Abutbul was protesting recent price hikes in basic goods and was promptly ejected from plenum.

Why did MK Abutbul brandish a loaf of bread in the Knesset?

Netanyahu: Prices skyrocket and the govt. does nothing

Former PM says cost of living rose more in 1 year of current government than in 7 years of his governments.

Netanyahu: Prices skyrocket and the govt. does nothing

Why Are Petrol Prices on the Rise?

Petrol prices continue to stay high despite the cost of oil falling.

Why Are Petrol Prices on the Rise?

The other high cost of inflation

The current inflation in the USA, brought about by the government, may cause a rise in the corollary that results from financial woes.Op-ed.

The other high cost of inflation

'Housing prices aren't coming down any time soon'

Housing Ministry dir-general: Anyone who promises a price drop is lying. Interior Minister: We marketed 100 thousand apartments.

'Housing prices aren't coming down any time soon'

Survey:

Most Israelis don't believe government will lower cost of living

Survey shows majority of Israelis have lost faith in government promises to lower cost of living, believe Israelis need to stage protest.

Most Israelis don't believe government will lower cost of living

Likud MK: 'Every family is paying thousand more than it used to'

'Government raised prices of basic products, hasn't fought a single monopoly,' Likud MK Eli Cohen accuses.

Likud MK: 'Every family is paying thousand more than it used to'

Rabbi compares Finance Minister Liberman to Haman

Rabbi Bergman condemned cuts that will severely impact haredi families. "In every generation they rise up against us."

Rabbi compares Finance Minister Liberman to Haman

60% of Israelis don't believe govt will reduce cost of living

64 percent of Israelis polled said they are cutting back on food purchases; half of those polled want government to cut VAT.

60% of Israelis don't believe govt will reduce cost of living

Liberman:

'Yisrael Katz doesn't know what he's talking about'

Finance Minister responds to criticism of economic plan meant to lower cost of living.

'Yisrael Katz doesn't know what he's talking about'

Meretz to Bennett: The economic plan is insufficient

Meretz says that the plan to reduce the cost of living deprives vulnerable populations.

Meretz to Bennett: The economic plan is insufficient

Cost of public transportation to rise? Haredi MK issues warning

Haredi cities can create their own bus system, if prices of public transportation rise, MK Uri Maklev says.

Cost of public transportation to rise? Haredi MK issues warning

Economy Minister defends plan to lower costs amidst criticism

Economy Minister Barbivay defends plan for lowering taxes, lowering prices of consumer goods and electricity, amidst rising cost of living.

Economy Minister defends plan to lower costs amidst criticism

Price of public transportation to rise?

New reform would streamline price of public transportation, raising prices in periphery, haredi cities.

Price of public transportation to rise?

Plan to reduce cost of living will cut electricity price hike

PM Bennett, Finance Min. Liberman, expected to announce cut to electricity price hike, but leave gas price untouched.

Plan to reduce cost of living will cut electricity price hike

'Violence against haredim is a direct result of incitement'

Haredi MK Eichler slams Finance Min. Liberman for blaming haredim for high cost of living, says incitement causes violence against haredim.

'Violence against haredim is a direct result of incitement'

Finance Minister blames high cost of living on haredi community

Finance Min. Liberman says high cost of living is caused by haredi men studying Torah instead of working.

Finance Minister blames high cost of living on haredi community

Cost of Living:

Israel to cut taxes on gas, meat, dairy products, electricity

Report: Israeli Finance Ministry planning series of tax and tariff cuts on foods, gasoline, and electricity to curb rising prices.

Israel to cut taxes on gas, meat, dairy products, electricity

Bennett promises measures to alleviate cost of living

PM at Cabinet meeting addresses cost of living, says current parameters of potential nuke deal will not stop Iranian nuclear program.

Bennett promises measures to alleviate cost of living

Lapid:

'We will not hesitate to bring in Costco and Walmart'

Foreign Minister on cost of living: COVID-19 raised prices all over the world, but here the issue has been neglected for years.

'We will not hesitate to bring in Costco and Walmart'

Liberman to present plan to stop price increases

Finance Minister expected to announce plan to curb the continuation of rising prices.

Liberman to present plan to stop price increases

Osem cancels price increase altogether

After previously saying it would delay price increase by three months, Osem backtracks and cancels move altogether.

Osem cancels price increase altogether

Tax on plastic bags to be expanded?

Coalition MKs propose bill to expand tax on plastic shopping bags to apply to all stores, include other types of bags as well.

Tax on plastic bags to be expanded?

Osem backs down from price increase

Following meeting with Finance Minister, Osem says it will postpone price increases of its products until after Passover.

Osem backs down from price increase

Coalition worries price hikes may undermine government stability

Increasing public pushback against price hikes may cause instability as government fails to agree on plan to help.

Coalition worries price hikes may undermine government stability

Pasta protest:

Tens of thousands share post calling for boycott of Osem pasta

Tens of thousands of consumers announce they will stop buying pasta made by Osem in protest of price increase.

Tens of thousands share post calling for boycott of Osem pasta

Food giant to raise product prices

'Cost of raw materials, packaging, and transportation have skyrocketed,' Israeli food giant Osem explains.

Food giant to raise product prices

Tel Aviv now world's most expensive city

Survey takes into account goods, services, rental prices. Damascus now world's cheapest city.

Tel Aviv now world's most expensive city

'Even disinfectant has a kashrut stamp!'

Knesset committee head MK Yulia Malinovsky accuses Rabbinate of unnecessarily inflating cost of goods. 'This is why we need reform.'

'Even disinfectant has a kashrut stamp!'

Report: 346% increase in Israeli house prices over last decade

Israel had largest increase in housing prices in the world in the 2010s, new report claims.

Report: 346% increase in Israeli house prices over last decade

'Gabbay was right' projected on Hadera chimneys

Zionist Union launches new campaign focusing on cost of living and the rise in electricity prices.

'Gabbay was right' projected on Hadera chimneys

Finance Minister: Rise in housing prices isn't my problem

Finance Minister Kahlon slams those who say rising cost of housing reflects poor decision-making.

Finance Minister: Rise in housing prices isn't my problem

Cost of living higher in Israel than rest of the OECD

Finance Ministry says Israelis pay more for cars, food, household goods, and electronics than any other country in the OECD.

Cost of living higher in Israel than rest of the OECD

Living in the red – clever borrowing or dangerous money?

With high prices of living, increasing numbers of Israelis live most of their life on credit - but are they aware of the long-term risks?

Living in the red – clever borrowing or dangerous money?

Parents protest summer camp prices

Kaytana, or summer camp, can cost nearly half a minimum-wage monthly salary for just three weeks.

Parents protest summer camp prices

Why are Israeli farmers destroying their produce?

While social activists and politicians call for reducing food prices, some Israeli farmers are destroying their produce to keep prices high.

Why are Israeli farmers destroying their produce?

Israel to Bring 20,000 Chinese Workers to Lower House Prices

Finance Ministry says Chinese builders work 50% faster than others; PM announces move as gov't seeks to tackle rising living costs.

Israel to Bring 20,000 Chinese Workers to Lower House Prices

Israel to Return to 'Bad Old Days' of High Cellphone Costs?

High-cost Cellcom may buy discount Golan Telecom in a move which consumers fear will drive up cell phone service prices.

Israel to Return to 'Bad Old Days' of High Cellphone Costs?

Critics Say Kahlon's Plan Will Only Make Housing More Expensive

Government votes to raise purchase tax, but will this make housing cheaper for Israelis? Depends on whom you ask.

Critics Say Kahlon's Plan Will Only Make Housing More Expensive

'Housing Czar' Kahlon Gets Ready to Take On Home Prices

Finance Minister Moshe Kahlon unveiled the first segment of his plan to lower housing costs in Israel.

'Housing Czar' Kahlon Gets Ready to Take On Home Prices

Report Fingers High-Earning 'Fat Cat' Bankers

A report in business daily Globes concluded that the nine best paid bankers earned NIS 52.2 million ($13 million) between them in 2014.

Report Fingers High-Earning 'Fat Cat' Bankers

Minimum Wage to Be Raised to 5,300 Shekel

Fourth stage of gradual minimum wage raise program announced Monday, will take effect in 2017.

Minimum Wage to Be Raised to 5,300 Shekel

Haredi Stores More - Not Less - Expensive for Passover

Myth that haredi grocery stores are cheaper shattered by Army Radio study, which finds that even matzah is more expensive at Osher Ad.

Haredi Stores More - Not Less - Expensive for Passover

Could Gas Price Jump Two Weeks Before Election Affect Results?

After four straight months of falling gasoline prices, the party appears to be over for Israeli drivers. Will it affect how they vote?

Could Gas Price Jump Two Weeks Before Election Affect Results?

Netanyahu, Lapid Snipe At Each Other Over Housing Costs

State Comptroller to release report assigning responsibility to both men – as well as to Ehud Olmert – for rise in real estate values.

Netanyahu, Lapid Snipe At Each Other Over Housing Costs

Report Indicates Milk Consumers Are Being Milked

Consumers in Israel pay more for milk, but an Agriculture Ministry study shows that production costs in Israel and the EU are very similar.

Report Indicates Milk Consumers Are Being Milked

Prices Deflate 0.3% in January, as Trend Continues

The newest scourge of economists, deflation, hit Israel in a big way in January. In a trend that began in 2014.

Prices Deflate 0.3% in January, as Trend Continues

Likud: Kahlon's Successes Are Ours, Too

The Likud for the first time responded to claims by Moshe Kahlon that he single-handedly reduced the cost of cellphone service.

Likud: Kahlon's Successes Are Ours, Too

Kahlon: Choose Reform Instead of Easy Solutions

Kulanu Chairman Moshe Kahlon tells high school students that raising taxes is an easy solution that doesn't address Israel's real problems.

Kahlon: Choose Reform Instead of Easy Solutions

MKs Slam Kahlon Claims on Cost of Living; 'He Stole the Credit'

Moshe Kahlon's claims he lowered cell phone costs, but it was really Netanyahu who was responsible, says MK Miri Regev.

MKs Slam Kahlon Claims on Cost of Living; 'He Stole the Credit'