Rami Levy Named Israel's Cheapest Grocery Chain in Price Study
Translated & summarized from Cursorinfo by baba
A study of 183 products in ten Israeli grocery chains found Rami Levy to be the cheapest, with a basket costing 2,351.93 shekels, while Tiv Taam was the most expensive at 2,975.47 shekels. The price difference for the same basket exceeded 623 shekels. Fruits and vegetables showed the largest price variations, up to 59%. Experts recommend comparing prices on staple items and checking home inventory to save money.
The story in 6 lines · by baba
- Rami Levy was identified as Israel's cheapest grocery chain in a study of 183 products.
- The same grocery basket cost over 623 shekels more at the most expensive chain, Tiv Taam.
- Price differences for individual items often exceeded 50%, with some doubling.
- Fruits and vegetables showed the largest price discrepancies between chains, reaching 59%.
- Discounts significantly impacted overall prices, reducing costs by 4-14%.
- Experts advise comparing prices on frequently bought items and checking home stock.
A recent study comparing 183 products across ten Israeli grocery chains revealed significant price disparities, with the same basket of goods costing over 623 shekels more at the most expensive retailer compared to the cheapest. The research, conducted by the Institute for Retail Research on October 7 using data from Pricesz, found Rami Levy to be the most affordable chain, with a total basket cost of 2,351.93 shekels. In contrast, Tiv Taam was the most expensive, with a basket totaling 2,975.47 shekels, a difference of 623.54 shekels, or 26.5%.
Osher Ad, Carrefour Hyper, Yesh Chesed, and Yochananoff rounded out the top five most affordable chains, with only about 100 shekels separating their total basket costs. The study highlighted that individual item price differences could be even more dramatic, with over half of the items showing a maximum price more than 50% higher than the minimum, and 23 items costing more than double. Discounts played a crucial role, with Carrefour Hyper moving up to third place due to promotions, which generally reduced overall costs by 4-14%.
The price gap was particularly pronounced in the fruits and vegetables category, where differences reached up to 59%, compared to about 24% for other goods. Excluding 28 types of fruits and vegetables, the price difference between Carrefour Hyper and Rami Levy for a basket of 155 items was a mere 1.70 shekels.
Researchers noted that the cheapest chain overall does not necessarily offer the lowest price for every single item. While theoretically possible to assemble a basket for 2,084.72 shekels by shopping at the cheapest location for each item, this would require visiting multiple stores, incurring extra time and travel costs. Experts advise consumers to focus on comparing prices for regularly purchased items and to check existing household inventory before shopping to maximize savings.
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