Sample Budget for Singles in the First Year

Here you will find a sample budget for single Olim living in the center of Israel.  This resource allows you to approximate your monthly expenses during your first year of Aliyah.

Assumptions:
  • The spreadsheet is for cash out only, and does not reflect income or savings.
  • All sums are in Israeli shekels.
  • Upon arrival, you will be renting your residence, sharing with one roommate.
  • Prices listed below reflect the range of costs for both Jerusalem and Tel Aviv. Be aware that Tel Aviv tends to be slightly more expensive.

MONTHLY EXPENSES

Expense: Cost: Notes:
 Rent 1,200-3,200  With 1+ roommates but with your own room
Public Transportation 200-300  For intracity transportation
 Groceries 1,000-1,600
Cell/Internet 200-300  Does not include the cost of devices (cell phone, modem)
Utilities 200-400  Price listed is for each individual roommate
Vaad Bayit (Building Maintenance) 100-600 Price will vary based on location
Health Insurance (basic coverage) 0-160 Free basic coverage for the first 12 months. After finding employment, or after 12 months, the 160 NIS/month payment is paid directly out of the salary.
 Entertainment 500-800 Includes cable TV, an occasional movie, trip and eating out in restaurants/bars
Arnona (Municipal taxes) 40-120 Reflecting the 70-90% discount received by new Olim during the first year
 TOTAL 3,440-7,480

ADDITIONAL EXPENSES

 Expense: Cost: Notes:
 House setup 2,000-4,000 Includes furniture purchase and cost of assembly, electrician and plumber for a shared, unfurnished apartment.
Gym 200-400/month
Car 2,000 Includes monthly maintenance, insurance and gas. Does not include the cost of purchasing a car or parking

OTHER EXPENSES TO CONSIDER

 Expense:
Savings plan
Charitable contributions
Mas Hachnasa (Income tax)
Credit cards
Supplementary Insurance
Vacations
Additional University Costs
Clothing
Toiletries
Medications

These charts should be used as estimates only.

2017-05-23T09:04:10+00:00 Financial Planning, Singles & Aliyah|