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cost of living

News and updates about cost of living

'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'

Israelis Fed Up with Poverty, Corruption - But Not Israel

1/3 of Israelis facing financial difficulties, 42% believe government is corrupt - but overwhelming majority, including Arabs, patriotic.

Israelis Fed Up with Poverty, Corruption - But Not Israel

Housing Ministry Unveils New Plan for Cheaper Housing

The Housing Ministry announced a new plan in which the state would be the guarantor for construction of apartments.

Housing Ministry Unveils New Plan for Cheaper Housing

Moshe Kahlon's New Party to Focus on Cost of Living, Housing

'The concept of 'monopoly' needs to disappear,' former Likud minister states, in remarks over plans for his new political party.

Moshe Kahlon's New Party to Focus on Cost of Living, Housing

Living on the Edge: Nearly 2/3 of Israelis are Often Overdrawn

Shocking figures reveal many Israelis living constantly in the red; Bank of Israel wants to know why.

Living on the Edge: Nearly 2/3 of Israelis are Often Overdrawn

Top 10% Make 8.5% More Than Bottom 10%, Numbers Show

Israel's poor are not getting ahead - but they are not falling behind, either, new numbers from the Central Bureau of Statistics show.

Top 10% Make 8.5% More Than Bottom 10%, Numbers Show

Herzog: Lapid a 'Human Shield' For PM's Budgetary Decisions

Opposition leader claims Netanyahu's business deals, placement of Lapid as minister are 'political ploys' that hurt the people .

Herzog: Lapid a 'Human Shield' For PM's Budgetary Decisions

Moshe Kahlon Officially Leaves Likud to Form New Party

Former minister officially cancels Likud membership in move needed to start new Knesset party, after Monday announcement.

Moshe Kahlon Officially Leaves Likud to Form New Party

Kahlon Vows to Fix Cost of Living When He Returns to Politics

Former minister reiterates intent to form new party, says cost of living 'needs to be dealt with.'

Kahlon Vows to Fix Cost of Living When He Returns to Politics

Man Behind Berlin Facebook Campaign 'Shocked' at Uproar

25 year-old from Tel Aviv area revealed to be man behind emigration campaign; says he simply wanted to point out cost of living gap.

Man Behind Berlin Facebook Campaign 'Shocked' at Uproar

Head of Berlin Protest: Lapid Destroyed Our Chances to Buy Homes

Head of Facebook campaign urging Israelis to move to Berlin fires back at Finance Minister who criticized the campaign.

Head of Berlin Protest: Lapid Destroyed Our Chances to Buy Homes

Knesset to End Price-Fixing on Vegetables, Chicken

MKs work to close legal loophole allowing stores, venders to collaborate on prices of farm products.

Knesset to End Price-Fixing on Vegetables, Chicken

Minister Calls for State Discounts for Young Parents

Foreign Minister Avigdor Liberman pushes VAT exemption for young apartment buyers, IDF vets; also subsidized daycare.

Minister Calls for State Discounts for Young Parents

Bennett: Cost of Living – The Most Important Issue

Minister of Economy takes on industrialists upset by his pro-competition measures.

Bennett: Cost of Living – The Most Important Issue

Protests in Tel Aviv: 'Our Children Have No Future'

Protests erupt in Tel Aviv's Rabin square against high cost of living; local Israelis joined by MKs, actors in public outcry.

Protests in Tel Aviv: 'Our Children Have No Future'

Analyst: Farmers’ ‘Cartels’ Mean Israelis Pay More

Analyst: Israelis pay 25% more due to powerful agricultural lobbies. The solution is simple – but won’t be easy.

Analyst: Farmers’ ‘Cartels’ Mean Israelis Pay More

Bank Fees Down in 2013

Bank of Israel report lists banks with the highest, lowest fees for 2013.

Bank Fees Down in 2013

Bennett Takes On Café Price-Fixing

Minister of Economy reacts to report that Israeli coffee chains agreed not to lower prices in face of competition.

Bennett Takes On Café Price-Fixing

Bennett: Imports Will Bring Down Cost of Living

The government promised lower prices, and on Monday it will try to begin to fulfill its promise.

Bennett: Imports Will Bring Down Cost of Living

Netanyahu to Port Unions: The Monopoly is Over

Netanyahu, Lapid and Katz announce opening of two new ports. ‘2,000 men can’t shut down the country anymore.’

Netanyahu to Port Unions: The Monopoly is Over

Lapid: In Case You Missed it – Cottage Cheese is Cheaper

Finance Minister takes pride in reduced price of cottage cheese. High prices sparked 2011 boycott movement.

Lapid: In Case You Missed it – Cottage Cheese is Cheaper

Minister: Don’t Buy New Cars! Prices to Drop

Transportation Minister tells Israelis not to buy new cars. ‘Wait until we break import monopoly.’

Minister: Don’t Buy New Cars! Prices to Drop

Bennett: Cost of Living Already Coming Down

Economics Minister Naftali Bennett on Sunday was named as chairman of a ministerial committee to reduce the cost of living in Israel

Bennett: Cost of Living Already Coming Down

Bennett Cuts Price of Bread

Price of plain white bread to fall for the first time in four years.

Bennett Cuts Price of Bread

Bennett’s First Speech: ‘Fearless Leadership’

Naftali Bennett takes on tycoons, unions and the Rabbinate in his first Knesset speech, and calls for “fearless leadership.”

Bennett’s First Speech: ‘Fearless Leadership’

Steinitz Slams Israeli Media: ‘Truth’ a Forgotten Word

Finance Minister Steinitz slams Israel's mainstream media dishonesty, particularly over social protests and US-Israel relations..

Steinitz Slams Israeli Media: ‘Truth’ a Forgotten Word