Money and Costs
Tel Aviv caters to all wallet sizes. You can eat out in gourmet restaurants every evening, sit all day in the chicest cafes and hop at night from one hip bar to another, while getting around in taxis and sleeping in boutique or five star hotels. This will cost you 500 NIS to 1,000 NIS per day ($135 to $270). If you wish to travel cheap, you can make do with falafels, humus, “sherut” taxis and hostels – all for 150 NIS ($40) a day.
The range of options in between those two is wide, but whichever way you go, about half your budget should be dedicated to accommodations. Bottom line, Tel Aviv is not cheap by any means. Actually, it regularly features on the top 20 or 30 “most expensive cities in the world” lists.
Tel Aviv is full of ATMs, and nearly all shops, cafes and restaurants take credit cards. You’ll need cash for food stalls, family restaurants and transport. In any case, it’s always best to take out cash before the Shabbat (Friday evening to Saturday evening). As for getting the local currency (New Israeli Shekel), you can change money in banks, but you’ll always get a better rate in any post office branch or private exchange bureaus.