An annual BusinessWeek survey ranked Tel Aviv and Jerusalem higher than New York City in cost of living for expats, in a reversal of last year’s findings, Israeli website Ynet News reported. The survey, conducted by ECA International between September 2009 and March 2010, compared the prices of 128 products, both imported and local, including clothing, food, electronics and entertainment. The reason for the higher ranking of Israeli cities on this year’s index is explained by the relative decrease of the dollar compared to the Israeli shekel. The magazine described Tel Aviv as Israel’s richest and most expensive city, with high daily expenses and average rent about $1,440 per month for a three-bedroom apartment. According to the report, lunch at a restaurant in Tel Aviv costs $26 on average, compared with $23 in New York. Twelve eggs would cost the foreign citizen $4.65 in Tel Aviv, while in New York it would be only $2.96. [Ynet News]