Tel Aviv bumped down to world’s 8th most expensive city to live in – survey – White city slips five rungs from 3rd-most costly city in 2022 and after taking ignominious top spot for first time in 2021, as global cost of living crisis slightly moderates | The Times of Israel
Tel Aviv has been ranked the eighth most expensive city to live in, moving down five notches from last year, according to a worldwide survey released on Thursday.
The Worldwide Cost of Living survey by the Economist Intelligence Unit (EIU) was conducted before the outbreak of the war with the Hamas terror group, which has “affected the exchange rates in Israel and may have made it harder to procure some goods in Tel Aviv, thereby affecting prices,” it was noted in the report.
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