 "Tel Aviv, israel")
Israel’s Tel Aviv has leapfrogged Hong Kong and Singapore to become the world’s most expensive city to live in, according to the Economist Intelligence Unit (EIU).
The Israeli city climbed from fifth place last year to top the Worldwide Cost of Living 2021 report for the first time, pushing Paris down to joint second place with Singapore. Zurich and Hong Kong rounded out the top five.
The soaring shekel and price increases for goods including groceries and transport were the main factors in Tel Aviv taking the top spot, according to the EIU.
