Cost of Living in Israel

Last updated on Feb 09, 2024

Summary: The cost of living in Israel is generally higher than in many other countries. A nice one bedroom apartment in Israel can cost anywhere from $1,000 to $2,000 per month, while a nice two bedroom apartment can cost from $1,500 to $3,000 per month. The cost of dinner at a moderately priced restaurant in Israel is usually around $20 per person.

Is the cost of living in Israel high?

We asked people how much they someone comfortably live on in Israel, they wrote:

"The cost of living in Israel is generally higher than in many other countries. Prices for basic necessities such as food, housing, and transportation are all higher than in many other countries. The cost of living in Israel is also affected by the exchange rate of the Israeli Shekel to other currencies. In addition, taxes are higher in Israel than in many other countries. All of these factors contribute to the overall cost of living in Israel," said one expat in Israel.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.