Here you will find the sample budget for an Olim couple planning their first year in Israel. This resource allows you to approximate the main monthly expenses you will encounter after making Aliyah.
ASSUMPTIONS
- This spreadsheet is for cash out only, and does not reflect income or savings.
- All furniture, appliances and clothing are shipped from overseas.
- All sums are in Israeli shekels.
| Expense: | Cost: | Notes: |
|---|---|---|
| Total Sum | ₪6,420-₪15,300 | |
| Rent: | ₪2,500-₪7,500 | Living in the non-center (north and south) versus the center (Tel Aviv or Jerusalem) of Israel. |
| Public Transportation: | ₪450-₪750 | Monthly passes are available for frequent travelers. |
| Food: | ₪2,000-₪3,500 | |
| Phone/Cell/Internet: | ₪220-₪500 | |
| Utilities: | ₪500-1,000 | |
| Health Insurance: | 0-₪250 | Free for the first 6 months after Aliyah for those without income. Olim begin paying into Bituach Leumi (which in turn pays for basic healthcare) after 6 months or if employed prior to the end of the first year of Aliyah. If you are receiving Income Support from Misrad Haklita (Dmei Kiyum) following your Sal Klita payments, you will be eligible for an additional 6 months of free basic healthcare coverage. |
| Entertainment: | ₪500-₪1000 | Includes cable TV; and an occasional movie, trip and eating out in restaurants. |
| Arnona | ₪250-₪800 | Reflecting the 90% discount received by new Olim during the first year. |
ADDITIONAL EXPENSES
| Expense: | Cost: | Notes: |
| House setup | ₪3,500-₪7,500 | Includes furniture purchase and cost of assembly, electrician and plumber for a shared, unfurnished apartment. |
| Gym | ₪400-₪750 | |
| Car | ₪2,500-₪3,500 | 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 |
For more information on balancing your family’s lifestyle on an Israeli budget, see Baruch Labinsky’s online Financial Planning Seminar from Blabinsky.
*Last updated on August 5, 2022*
