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New York is cheaper than Tel Aviv: ranking the most expensive cities in the world
The ranking of the most expensive cities to live in was published by The Economist magazine, with the Israeli city "starring" in the list and ranked in the fifth and most disrespectful place.
Last year, Tel Aviv was ranked seventh
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Tel Aviv Jaffa
Cities
Ziv Reinstein
Wednesday, 18 November 2020, 13:51
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It is not surprising that it is very expensive to live in Israel, especially in Tel Aviv, but now The Economist magazine also states this: The most expensive cities to live in In fifth place out of 133 cities surveyed,
the list of most expensive cities opens with
Paris
, the French capital, followed by
Hong Kong, Zurich, Singapore and Osaka
, which in March last year took the top three places, with
Tel Aviv
sharing the fifth and disrespectful place with Japanese Osaka. In the previous report Tel Aviv was in seventh place, which means an increase of two stages in the increased cost of city living.
this year the changes are marked especially when the survey doubles estimate of the impact of the epidemic corona prices around the world.
fluctuations in currency due to the epidemic - including a decline in the US dollar - resulted in the goals in Africa , America and Eastern Europe have risen in price since March, while in Western Europe, where the euro has risen in value against the dollar, prices have risen, and the Swiss franc has also risen in value.
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NEWS
The best cities in the world were revealed for the year 2021. And where is Tel Aviv?
To the full article
There are no tourists anyway, but even if they are - so expensive here. Tel Aviv (Photo: Shutterstock)
Tehran has become more expensive due to US sanctions
The top ten most expensive cities this year were completed by
Geneva, New York, Copenhagen and Los Angeles
.
Sydney
was ranked 15th,
London
20th and
Nairobi
77th.
Moscow
was ranked 106th and
Delhi
121st.
The biggest rise in the ranking comes from
Tehran
, the capital of Iran, which climbed the ladder from 106th to 79th place, due to the US sanctions that affected supply.
Reykjavik, Rio de Janeiro and Sao Paulo
show the biggest price declines.
The Economist attributes the rating of Brazilian cities to "weak currency and rising poverty levels".
Brazil, as is well known, suffered greatly during the plague.
Another city that is close to us, at least in the media, is
Damascus in
Syria, which is ranked as the city with the lowest cost of living.
It is followed by
Tashkent
of Uzbekistan,
Lusaka
in Zambia,
Caracas
, the
capital of Venezuela and
Almaty
of Kazakhstan.
The bottom ten are closed by
Karachi
(Pakistan),
Buenos Aires
(Argentina),
Algeria
(Algeria) and
Bangalore
and
Chennai
in India.
The Argentine government introduced price controls during the plague, which could explain its position in the Buenos Aires table.
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