Residents of Israel’s seaside metropolis Tel Aviv have for years complained of how expensive it is, with living costs taking a chunk out of their paychecks.
Now a new report affirms their quibbles. Tel Aviv has emerged as the most expensive city to live in, according to the Economist Intelligence Unit, a research group linked to the Economist magazine.
The city, which was previously ranked 5th most expensive, has now surpassed other pricy places like Paris and Singapore.