Saturday, 22 September 2018

Cost of living in Israel 2018

price labelNumbeo.com have just released their latest Cost of Living Index.  Latest figures show that the cost of living in Israel is 18.48% higher than in United States (aggregate data for all cities, rent is not taken into account). Rent in Israel is 7.70% lower than in United States (average data for all cities).

Here is summary for Tel Aviv, Jerusalem, Haifa and Ramat Gan:

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Tel Aviv

Four-person family monthly costs: 12,216.11₪ without rent

A single person monthly costs: 3,452.11₪ without rent.

Cost of living index in Tel Aviv-Yafo is 10.47% higher than in Haifa.

Cost of living rank 33th out of 527 cities in the world.

Tel Aviv-Yafo has a cost of living index of 90.37

According to an article in the Jerusalem Post on March 17th, 2018 they state that Economist’s Intelligence Unit annual report lists Tel Aviv as the 9th most expensive city in the world - a significant difference between the figures listed on Numbeo.  Only paying subscribers are able to access the Economist's individual country reports at a cost of more than $800 dollars.  So, we rely on the credibility of the JP for this information.  Here is a link to the JP article...

Jerusalem

Four-person family monthly costs: 12,006.97₪ without rent

A single person monthly costs: 3,453.07₪ without rent.

Cost of living index in Jerusalem is 9.55% higher than in Haifa.

Cost of living rank 36th out of 527 cities in the world.

Jerusalem has a cost of living index of 89.62

Haifa

Four-person family monthly costs: 10,859.46₪ without rent

A single person monthly costs: 3,053.39₪ without rent.

Cost of living index in Haifa is 9.48% lower than in Tel Aviv-Yafo.

Cost of living rank 95th out of 527 cities in the world.

Haifa has a cost of living index of 81.80.

Ramat Gan

Four-person family monthly costs: 11,078.49₪ without rent

A single person monthly costs: 3,132.92₪ without rent.

Cost of living index in Ramat Gan is 1.27% higher than in Haifa.

Cost of living rank 83th out of 527 cities in the world.

Ramat Gan has a cost of living index of 82.84.

 

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