If you’re moving to Israel, you’ve probably already checked out Nefesh B’Nefesh’s website and services. There is a ton of information inside which has been presented in a format the organization calls Aliyahpedia. I recommend checking out a sample family budget (2 parents + 4 kids) on the site here.
While everyone’s budget will look different, NBN believes that an average first year monthly budget should run:
| $2,935-$6,325 |
Just a couple of thoughts:
- Budget looks pretty accurate (costs will go up as oleh benefits expire)
- rules are always in flux, so you’ve got to check to get updated info
- dollar/shekel conversion also has been volatile which may affect budgets both positively and negatively
- apartment/house rents have recently been surging while prices to buy have softened somewhat in certain communities — do your homework and don’t let an agent convince you of anything until you’ve tested the markets
