Tel Aviv is known for its crazy alcohol prices. Of course, you can just drink less, but, you can also visit one of the bracelet bars this city offers and drink as much as you wish for a constant price.
The principle behind it is simple: You purchase a bracelet, which allows you to drink as much as you want from a variety of specified drinks, depending on the type of bracelet you purchased.
One of the nicest bracelet bars I know is the Biggi Z, which is like 30 meters from my apartment, and serves me very well when friends come by and want to finish off my whiskey.
It has cheaper bracelets, but go for the one that allows you to drink tons of jack and coke and Glenfiddich 12 (maybe it's a different single malt now. It's 119 NIS and worth its salt). It also has all kinds of special events like Mexican Tuesday or some Pizza & beer on Saturday morning, so check their Facebook page.
By the way, for some reason you can also order and pay for one single drink, but like...don't.
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