Why is Tel Aviv so expensive?
Why is Tel Aviv so expensive? "As a high-tech hub, the higher income of people in Tel Aviv has put a lot of pressure on prices, particularly on real estate prices. So the city comes unaffordable for the working-class residents," said Bental, who is also professor emeritus of economics at the University of Haifa.
How much money do I need for 4 days in Israel?
How Much Money do I Need in Israel? If you want to travel on an absolute budget in Israel, you should allow at least 30-40 USD a day for accommodation, some transportation, some attractions, and of course, food. Check our guide to ways to see Israel on a budget for more ideas.
Is it expensive to go to Tel Aviv?
Tel Aviv was voted “Most expensive city in the world” in 2021. While part of that is to do with the insulting wages many Israelis are forced to live on, it's also based on the high prices of everything from accommodation to food, and alcoholic drinks.
What is the most unaffordable city in the world?
For well over a decade now, Hong Kong has taken the top spot as the least affordable market globally.