Story perspectives
Israeli Families Face $1,552 Rise in Living Costs by 2025
1/9/2025
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Story summary
- By 2025, average Israeli households will face an extra 5,661 shekels (USD 1,552) in taxes and living expenses.
- MK Naama Lazimi emphasized the significant burden on young families.
- Increased property taxes, utilities, and transport fees contribute to rising costs amid falling incomes.
- Economist Meir Azenkot attributed these increases to frozen tax brackets and reduced subsidies.
