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Tel Aviv named as world's most expensive city to live in

Tel Aviv has been named as the most expensive city in the world to live in, as soaring inflation and supply-chain problems push up prices globally. Damascus, in war-torn Syria, retained its place as the cheapest in the world. The survey compares costs in US dollars for goods and services in 173 cities.

The Israeli city came top for the first time in a survey by the Economist Intelligence Unit (EIU), climbing from fifth place last year and pushing Paris down to joint second with Singapore.