Updated:
If you've ever considered moving to Israel, one of the first questions that likely crossed your mind is, "What is the cost of living in Israel?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Israel and whether the reported $2925 per month figure aligns with the average monthly salary of $2588.21.
Restaurants |
Price |
World Range |
---|---|---|
Meal, Inexpensive Restaurant |
17.14 $ |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
85.7 $ |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
15.71 $ |
|
Domestic Beer (1 pint draught) |
8.57 $ |
|
Imported Beer (12 oz small bottle) |
8.0 $ |
|
Cappuccino (regular) |
3.7 $ |
|
Coke/Pepsi (12 oz small bottle) |
2.65 $ |
|
Water (12 oz small bottle) |
1.99 $ |
|
Markets |
Price |
World Range |
---|---|---|
Milk (regular), (1 gallon) |
1.72 $ |
|
Loaf of Fresh White Bread (1 lb) |
2.3 $ |
|
Rice (white), (1 lb) |
2.67 $ |
|
Eggs (regular) (12) |
3.76 $ |
|
Local Cheese (1 lb) |
14.0 $ |
|
Chicken Fillets (1 lb) |
10.13 $ |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
19.54 $ |
|
Apples (1 lb) |
3.09 $ |
|
Banana (1 lb) |
2.25 $ |
|
Oranges (1 lb) |
1.84 $ |
|
Tomato (1 lb) |
1.77 $ |
|
Potato (1 lb) |
1.32 $ |
|
Onion (1 lb) |
1.16 $ |
|
Lettuce (1 head) |
1.68 $ |
|
Water (1.5 liter bottle) |
1.36 $ |
|
Bottle of Wine (Mid-Range) |
11.43 $ |
|
Domestic Beer (0.5 liter bottle) |
2.52 $ |
|
Imported Beer (12 oz small bottle) |
3.14 $ |
|
Cigarettes 20 Pack (Marlboro) |
10.0 $ |
|
Transportation |
Price |
World Range |
---|---|---|
One-way Ticket (Local Transport) |
1.71 $ |
|
Monthly Pass (Regular Price) |
60.84 $ |
|
Taxi Start (Normal Tariff) |
4.28 $ |
|
Taxi 1 mile (Normal Tariff) |
1.14 $ |
|
Taxi 1hour Waiting (Normal Tariff) |
28.57 $ |
|
Gasoline (1 gallon) |
1.99 $ |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
39277.13 $ |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
39574.0 $ |
|
Utilities (Monthly) |
Price |
World Range |
---|---|---|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
230.39 $ |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.09 $ |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
27.93 $ |
|
Sports And Leisure |
Price |
World Range |
---|---|---|
Fitness Club, Monthly Fee for 1 Adult |
67.91 $ |
|
Tennis Court Rent (1 Hour on Weekend) |
18.97 $ |
|
Cinema, International Release, 1 Seat |
12.0 $ |
|
Childcare |
Price |
World Range |
---|---|---|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
888.79 $ |
|
International Primary School, Yearly for 1 Child |
9349.68 $ |
|
Clothing And Shoes |
Price |
World Range |
---|---|---|
1 Pair of Jeans (Levis 501 Or Similar) |
86.99 $ |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
58.23 $ |
|
1 Pair of Nike Running Shoes (Mid-Range) |
115.78 $ |
|
1 Pair of Men Leather Business Shoes |
128.95 $ |
|
Rent Per Month |
Price |
World Range |
---|---|---|
Apartment (1 bedroom) in City Centre |
1128.31 $ |
|
Apartment (1 bedroom) Outside of Centre |
924.34 $ |
|
Apartment (3 bedrooms) in City Centre |
1773.75 $ |
|
Apartment (3 bedrooms) Outside of Centre |
1450.7 $ |
|
Buy Apartment Price |
Price |
World Range |
---|---|---|
Price per Square Feet to Buy Apartment in City Centre |
7726.81 $ |
|
Price per Square Feet to Buy Apartment Outside of Centre |
6256.45 $ |
|
Salaries And Financing |
Price |
World Range |
---|---|---|
Average Monthly Net Salary (After Tax) |
2588.21 $ |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
3.5 % |
|
The cost of dining varies with the type of establishment. A meal at an affordable restaurant averages around 17.14 USD, while a three-course dinner for two at a mid-range restaurant generally costs 85.7 USD.
Basic grocery prices are accessible for most essentials. For instance, a gallon of milk costs about 1.72 USD, a loaf of bread 2.3 USD, and a dozen eggs approximately 3.76 USD.
Public transport is relatively affordable, with a single trip priced at about 1.71 USD and a monthly pass around 60.84 USD. If you plan to use public transit regularly, these passes offer great value.
For an 85 m² apartment, monthly utility bills—including electricity, heating, water, and waste services—average around 230.39 USD.
For those interested in fitness and leisure, a monthly gym membership averages around 67.91 USD, while an hour on a tennis court on weekends costs about 18.97 USD.
Families looking for private childcare services will find that a month at a local preschool or kindergarten costs around 888.79 USD. For international schooling options, annual tuition can reach approximately 9349.68 USD.
Clothing and shoe prices vary widely. A pair of Levi's 501 jeans, for example, costs about 86.99 USD, and mid-range Nike sneakers are priced around 115.78 USD.
Rental prices depend on location, with a one-bedroom apartment in the city center averaging 1128.31 USD per month, while one outside the center costs around 924.34 USD.
If you're considering buying property, prices per square foot vary as well. In central areas, the price per square foot is roughly 7726.81 USD, while in the suburbs, it's closer to 6256.45 USD.
The average monthly net salary here is about 2588.21 USD after taxes, and mortgage interest rates for a 20-year fixed-rate loan average around 3.5% annually.
Israel
Israel is overall safe to travel to, with considerably low crime rates where tourists are free to explore without having to worry about street crime. However, it is advised that you remain vigilant at all times, especially on public transport since Palestinian terrorist groups have been known to target buses and bus-stops.
It is recommended that you remain vigilant when using public transport since it is often the target of terrorist groups. Try to avoid public transport during rush hours and be aware of your surroundings at all times.
Pickpockets are a problem like in the majority of destinations frequented by tourists. Be careful, keep your eyes open in public, crowded areas such as train stations and airports, and keep your valuables close by your side.
Israel is located in a seismically active area. Apart from that, you can expect sand storms and occasional floods.
It is not likely you will get mugged in Israel. Crime rates are very low, and violent crime against tourists is highly unlikely. Still, be careful near the borders with Syria, Lebanon or Egypt, since there's a risk of being kidnapped in those areas.
Acts of terrorism are very likely in Israel. Avoid at all costs the areas near the borders with Lebanon, Syria or Egypt.
The risk of getting scammed in Israel is pretty low, though you should still negotiate everything in advance, double check your change and never pay anything upfront.
Israel is definitely safe for women traveling solo. Just use your common sense and have your wits with you. Avoid poorly lit and deserted areas at night and finding yourself in places filled with drunken people.
Ben Gurion International Airport, sometimes knows as just Ben Gurion Airport or Natbag is the busiest, and the main international airport of Israel. It is located 19 km southeast of Tel Aviv, the main municipal city of this country.
Many countries, including all U.S, Australian, European and Canadian visitors do not need a visa for stays shorter than 90 days. Any longer than that, you might need to acquire a visa. If you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need a visa based on your nationality and the country you want to visit.
Israeli new shekel is the official currency of Israel. Be wary of people trying to pass off the old version of a shekel as the new one: the old ones do not have any value. ATMs are widely available, except near the borders with Jordan and Egypt and credit cards accepted throughout the country.
The weather in Israel is characterized by hot and sunny summers, and long sunny spells, with clear skies from May to September. In places where there is precipitation, rain is expected from November to March. The west coast of Israel has a Mediterranean climate, with very mild and rainy winters, and hot and sunny summers.
Just like anywhere else, we recommend getting travel insurance when traveling to Israel since it covers not only the costs of medical problems but also theft and loss of valuables.