Headed to Tel Aviv? Take lots of money along

NCPA December 1, 2021

If you’ve been saving for a trip to the City of Light, here’s some good news: Paris is no longer the most expensive city in the world. The French capital now shares the No. 2 spot with Singapore. Tel Aviv has taken over the top spot, according to the Worldwide Cost of Living Index. Tel Aviv was in fifth place last year; the city's rise is accredited to hiked grocery and transport prices as well as the Israeli shekel's strength over the U.S. dollar. The rest of the top 10, in order: Zurich, Hong Kong, New York, Geneva, Copenhagen, Los Angeles, and Osaka, Japan.