Wednesday, May 23rd

Last update:02:10:55 PM GMT

NBN Online
You are here: Aliyahpedia Finances Sample Budgets Sample Retiree Budget

Sample Retiree Budget

Following is a simple table to assist you in projecting your cashflow upon arrival in Israel.

ASSUMPTIONS
All sums are in US Dollars.
All furniture, appliances and clothing are shipped from North America.
Upon arrival, you will be renting your residence.
Car expenses include, fuel, insurance, registration and maintenance, but not cost of purchase.
Family Size- 2 adults (but costs will not be cut in half for a single)

Monthly Expenses Start up costs
Rent $600-$1500 Note that a retirement home will cost considerable more and require maintenance House Setup $1,000-$1,500 (furniture assembly, electrician, plumber)
Transportation- Car $500-$650 Public transportation will cost approx:$200 Release of shipment $1,000-$1,500
Food $550-$800
Phones/Cellphones/Internet $150-$250
Utilities $150-$300
Health Insurance 0-$250 There is a variety of upgraded health plans and private policies. Availability and costs of medications and treatments should be carefully investigated.
Other Insurance/Medical expenses $200-$300 includes life, home, property, as well as dental and optical care
Entertainment $150-$350 includes cable, occasional movie, restaurant, vacation
Municipal Taxes (Arnona) $10-$100 representing 90% discount for first year.
Total Estimated Monthly Expenses $2,310 - $4,500