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Tel Aviv is the world’s most expensive city

47 points| paulpauper | 4 years ago |economist.com | reply

31 comments

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[+] danr4|4 years ago|reply
Lived in Tel-Aviv most of my adult life. Anyone who lived there long enough would tell you it was a matter of time until it "wins" this title.

It also has awful public transportation and terrible housing market. It's still one of the most fun cities in the world: Good weather, amazing night life and cuisine, decent job market, walkable, Gay+420 friendly

I make a point to tell anyone who asks me about Israel that Tel-Aviv is the best city in the world for a vacation, but unless you're rich don't live there.

[+] bogomipz|4 years ago|reply
I was curious about the fact that you characterized it as "has awful public transportation" and is also "walkable." Would you say if you live in the city center then the latter means the former doesn't matter too much then?
[+] Waterluvian|4 years ago|reply
I’ve got to imagine there’s dozens of comparable cities and that humans are just hopelessly and wonderfully romantic about what they think is the best.
[+] legerdemain|4 years ago|reply
How many years since a religiously motivated killing at a pride parade?
[+] panda88888|4 years ago|reply
I was surprised that San Francisco was not in the top ten, then the article explains that the index tracks products and services which I presume excluding housing cost. However, I am still surprised Los Angeles ranks higher than SF.
[+] dragonwriter|4 years ago|reply
> However, I am still surprised Los Angeles ranks higher than SF.

Its a ranking of 173 major world cities; by population, San Francisco is somewhere near 650 in the world; it probably isn't even considered.

[+] novok|4 years ago|reply
Many of these indexes use area cost / area income as the inaffordability measure.
[+] jchonphoenix|4 years ago|reply
Lived in LA and SF. This article's research is poorly done. Ask 100 people who have been in both cities and 99 will say SF comes out significantly more expensive.
[+] novok|4 years ago|reply
But how much more income do you make in SF? I think most of these measures are based on cost / income. Also you tend to be bound to US / CA wide pricing in SF beyond a few very local services, so you can take advantage of cheaper consumer good pricing from the large US market.
[+] clpm4j|4 years ago|reply
Top 10 most expensive cities according to this article:

1. Tel Aviv

2. Paris

3. Singapore

4. Zurich

5. Hong Kong

6. New York

7. Geneva

8. Copenhagen

9. Los Angeles

10. Osaka

[+] LilBytes|4 years ago|reply
Surprising Sydney isn't to be found on this list.
[+] crocwrestler|4 years ago|reply
No mention of London? Strange.
[+] reducesuffering|4 years ago|reply
This index has SF at #3 and Houston at #4 in North American cities? Methodology must be quite flawed...
[+] bern4444|4 years ago|reply
I seriously doubt Tel Aviv is more expensive than NYC on housing/rent costs alone.