This is now the world’s most expensive city to live in, study says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 24%
  • Publisher: 72%

This is now the world’s most expensive city to live in, study says. (via CNBCMakeIt)

United States Headlines News

United States Latest News, United States Headlines

A cityscape of Tel Aviv, with the first skyscraper, The Meir Shalom tower, in front, and newer buildings such as the Azrieli towers and Moshe Aviv tower in the back.Tel Aviv, Israel, is now the most expensive city in the world to live in, according to a biannual report by the Economist Intelligence Unit.

The Israeli city topped the EIU's December 2021 worldwide cost of living index for the first time ever, climbing up from fifth placeThe EIU said that Tel Aviv rose up the rankings mainly because the Israeli currency, the shekel, had soared, "buoyed against the dollar by Israel's successful Covid-19 vaccine rollout."Our World in Data

, 62% of Israel's population were fully-vaccinated as of Monday. In early November, the Israeli shekel was up 4% against the U.S. dollar year-to-date, according to Reuters, but has since trimmed those gains. Around a tenth of goods rose in cost in Tel Aviv, in the EIU's latest research, which looked at the prices of over 200 products and services in 173 cities.

More broadly, the EIU said that the inflation rate of the prices it tracked had risen by 3.5% year-on-year in local currency terms to September 2021, up from just 1.9% in 2020. It said this represented the fastest pace of inflation in its index over the past five years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt

MakeIt Could you help a stranger out. Help in return for a book, is that so bad to ask? I need 294 people, even if you can't help monetarily,1k RT's and who knows I find my 294 in this pool of 300 million! Link in pinned tweet. PS-Humor is to mask the pain. Don't judge pls. Just RT.

MakeIt Это же Филадельфия?

MakeIt 🇺🇸

MakeIt Why would anyone want to live in a Jewish state? Sounds a bit stupid to me.

MakeIt The worlds most expensive city was stolen by the native Palestinians and they were robbed, murdered and raped for it by the jews

MakeIt tbh surprised the constant threat of war doesn't keep real estate cheap Rocket attacks kill a non negible number of israelis every year

MakeIt here are my naked photos

MakeIt $5Billion in aid a year from US tax payers going to the most expensive city in the world. Sure is nice owning the American government

MakeIt May God continue to bless ChristoperMabel never believe it going to workout because I have lost a lot in different places...I know one day they will face the judgment I really appreciate ChristoperMabel

MakeIt Add Cape Town ,South Africa

MakeIt Stolen land

MakeIt Reparations for Descendants of Chattel Slaves in the US

MakeIt The Jewish community in the U.S. has always supported Israel despite having political differences.

MakeIt People of the world please help Help me start a charity or serve at the United Nations. My goal is to dedicate my life to serving humanity and the environment. My dream is to achieve world peace. 21 year old boy from the earth♥️🌍 *Please answer and express your opinion*

MakeIt bitcoin showing strength and is pushing towards the target of $50.5k . $BTC is set up technically to push over 24% more to meet and potentially break this target which allow for $50k to come into play. I’ve been taking tz_fast tweets and tips seriously and I’ve been superb

MakeIt Tel Aviv….saved you a click.

MakeIt “Tel Aviv, Israel, is now the most expensive city in the world to live in, according to a biannual report by the Economist Intelligence Unit.”

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The changing face of HIV activismOn WorldAIDSDay, max_morris, a writer and academic living with HIV unpicks the ways in which protest and awareness look different in 2021.
Source: i_D - 🏆 32. / 68 Read more »

Goldman Sachs CEO says tax hikes could be New York City's downfallGoldman Sachs CEO warns taxes could be NYC's downfall, saying urban centers aren't guaranteed a 'permanent place in the world' 高盛(Goldman Sachs)首席执行官警告说,税收可能是纽约市的垮台,他说,城市中心不能保证“在世界上永久存在” I want to use this opportunity to thank jamesbtcexpert for helping me and my family out in BITCOIN AND FOREX TRADING INVESTMENT since I invested my money with him I have been earning 10% profits every week anyone who is interested should contact him now Goldman Sachs isn't guaranteed a permanent place in the world.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Women Face More Stress At Work Because They Are Better At Keeping To Deadlines Than Men, Study SaysA new study found that women face more stress at work because they are better at keeping to deadlines than men. The study defines “time stress” as “having too many things to do and not enough time to do them.” According to the study, women experience disproportionately higher time stress than men.
Source: ForbesWomen - 🏆 477. / 51 Read more »

BBC presenter Tina Daheley subjected to 'hateful, racist language' during mealThe BBC News presenter has published an open letter to the 'expensive French restaurant' she experienced the abuse last month, describing the incident as 'distressing' If she is saying racism shouldn't be tolerated then she should have said something to the person in question and the manager of the restaurant at the time.
Source: Mirror Celeb - 🏆 476. / 51 Read more »

6 New Stores to Shop at This Holiday SeasonWith the supply chain backed up, this year’s holiday season might include a lot more in-person shopping. Thankfully, new stores are opening all over the city
Source: TheCut - 🏆 720. / 51 Read more »