Question 1

How far does your money go in Ashkelon compared with the US?

Accepted Answer

Ashkelon is close to purchasing-power parity with the baseline market right now. We are using the country-level cost index for Israel here because a defensible city-level aggregate index is not available yet.

Question 2

Is Ashkelon cheaper or more expensive overall than New York City?

Accepted Answer

Overall living costs are about 20% cheaper than New York City for Ashkelon. We are using the country-level cost index for Israel here because a defensible city-level aggregate index is not available yet.

Question 3

How does rent in Ashkelon compare with New York City?

Accepted Answer

Rent are about 69% cheaper than New York City in Ashkelon. We are using the country-level cost index for Israel here because a defensible city-level aggregate index is not available yet.

Question 4

How expensive are groceries and restaurants in Ashkelon?

Accepted Answer

Groceries are about 26% cheaper than New York City and restaurant prices are about 10% cheaper than New York City. We are using the country-level cost index for Israel here because a defensible city-level aggregate index is not available yet.

Ashkelon, Israel

Purchasing Power vs. United States

How Far Your Money Goes

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