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Thread: high prices of israel

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  1. Jul 26th, 2011, 09:55 AM #1
    CVMichael
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    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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  2. Jul 26th, 2011, 03:18 PM #2
    moti barski
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    Re: high prices of israel

    Quote Originally Posted by CVMichael View Post
    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.
    statisticly
    minimum wage per hour : 21 NIS
    avg month pay : 3500 NIS
    welfare : 1000 NIS
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