Israelis are facing a new wave of price increases and tax hikes as the country enters 2026, further straining household budgets already impacted by a prolonged period of economic hardship. Utility costs are rising, with electricity bills up by about 1.5 percent, cooking gas by 5 percent, and water tariffs by up to 2.5 percent, all attributed to adjustments in consumer prices, interest rates, and energy costs. Property taxes are also climbing, with local authorities permitted to request additional increases, potentially affecting thousands of households. The purchase tax on electric vehicles is rising, and income tax brackets and credits are being frozen, effectively raising the tax burden for many workers. These changes come amid a high cost of living, leaving many Israelis with less disposable income as prices continue to rise.