Tel Aviv's historic and cultural sites often overpower the retail tourism catering to both leisure and backpacking travelers. Just like its Southeast Asian counterparts, Tel Aviv's huge number of markets guarantee travelers can find huge bargains in these five top markets.

Travelers -- especially those who are backpacking -- will want to stay somewhere where hawkers are offering their affordable street meals to taste the local cuisine while saving enough money. Levinsky Market is open from 8AM to 6PM local time and features difficult-to-replicate Iranian, Iraqi and Middle Eastern dishes. Travelers wanting to take home some spices to use for home cooking can find it here.

Jafa Market has its strange local name as "Shuk HaPishpishim" but its contents are not quite strange. Travelers who fancy antiques or even second hand jewelry, plates, dishes, utensils and other items could find bargains -- even haggle for their prices -- in the flea markets of Jafa.

The Craft Market of Nahalat Binyamin features mostly artisan clothes that feature traditional Israeli culture. But it lives up to its name according to Secret Tel Aviv. The shops handcraft their suits and furniture, jewelry, ceramics, and other items sold here. It may be a bit more expensive but experienced travelers know how to haggle their way into a good deal.

Aside from Jafa Market, the Dizengoff Square Antique Market features other vintage items including items from the Second World War and ancient tomes. While their authenticity is slightly questionable, travelers can always have local museums or appraisers verify it for a small fee.

According to Time Out, Neve Tzedek is a religious zone -- meaning it is sprinkled with plenty of specialty shops that open once the Sabbath approaches. Neve Tzedek is an old Israeli district but it features some high-end restaurants and shopping chains, which may appeal more to luxury travelers.