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Jul 26th, 2011, 09:55 AM
#11
Re: high prices of israel
Just converting from one currency to another is not enough. How about comparing the prices with the income. For example in some countries they make about $300-$400 per month, and if the milk is $2 then I wold think it's quite expensive...
Rent (monthly expenses) is also a factor. Half of what I make in one month I give on rent, yet the same amount is a year's pay in other countries.
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