It is a well known fact that PlayStation 3 games in Israel costs a fortune. This is probably the reason why there are so many few PS3 consoles in Israel compared to other consoles which can be cracked and run copied games. Of course the last claim is only an estimate of mine, but take a look around you and tell me if you feel otherwise.
Take for example one of the more popular games for all of the consoles and the PC: Assassin's Creed 2 (and try to forget the long DRM debate around it). Most stores sell it at a crazy price of over 400 NIS. That's over 110$ for a game which costs about 50-60$ in the rest of the world. About 100% more.
Finally, I was able to find a decent store in Israel that sells games at sane prices: PCGames. They sell AC2 at 250 NIS, which is roughly 65$. What a difference! AC2 is not an exception. You can go through their inventory and see. Almost half the price on all games.
So I ordered myself AC2 and God of War 3 at a price that in other stores would get me only one game, PLUS, there was a free delivery straight to my home/office via a courier. How awesome is that?
Obviously, I recommend everyone to buy games only at stores that gives fair prices, and don't take 100% "interest" just because they can.
Oh, and I also recommend AC2. Don't buy it for PC because of the awful DRM engine, instead get it for your console. It is a great game.