Averages and statistics can be misleading (free quote of Twain soup), as is the metrics of the cost of living. The discussions about the cost of living in Israel – and especially on social networks – tend to be very emotional, and it makes sense. But is there such a thing as objective data on the cost of living? Is it possible to drown in the pool that average 10 cm?
Apparently: The Central Bureau of Statistics (CBS) publishes the consumer price index every month, which measures average price changes in an average basket.
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