The price of a gallon of important fuels in Israel:
Gasoline: $5.13
Milk: $3.37
Ice Cream: $17.14
Gasoline used to be closer to $4/gallon, but has gone up with the price of a barrel of oil. Milk is cheaper than I thought, and is fixed by the government. Except for the special treat of chocolate milk, we don’t drink milk apart from breakfast cereal. The ice cream isn’t the cheapest you can find here, but it’s the cheapest that tastes like ice cream. Fancy kinds like Ben and Jerry’s are of course much higher. A big difference between Israel and America – there are no coupons or buy two for less specials, and competition doesn’t seem to be much of a factor (in bringing prices down).
Why is ice cream far more inflated than either milk or gas? Curious.
Paul – I’m not sure. The local brands are not good, so this is imported, but it’s a generic North American brand, not anything fancy. In general, things cost more here (17% sales tax helps) and there isn’t the American competition that drives prices down.
Sounds like I have a new business idea!