(Photo: Matanya Tausig/FLASH90)

By AFP - December 1, 2021

Tel Aviv is the world’s most expensive city to live in as soaring inflation has pushed up living costs globally, according to a survey published on Wednesday.

The city climbed five rungs to score top place for the first time in the authoritative ranking compiled by the Economist Intelligence Unit, the research and analysis division of the venerable periodical The Economist.

The Worldwide Cost of Living Index is compiled by comparing prices in US dollars for goods and services in 173 cities.

Read More: Times of Israel

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