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Jul 26th, 2011, 03:18 PM
#1
Thread Starter
Banned
Re: high prices of israel
 Originally Posted by CVMichael
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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