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| Sample Retiree Budget |
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Article Details
Last Updated
27th of January, 2009
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Following is a simple table to assist you in projecting your cashflow upon arrival in Israel.
ASSUMPTIONS
All sums are in US Dollars.
All furniture, appliances and clothing are shipped from North America.
Upon arrival, you will be renting your residence.
Car expenses include, fuel, insurance, registration and maintenance, but not cost of purchase.
Family Size- 2 adults (but costs will not be cut in half for a single)
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Monthly Expenses |
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Start up costs |
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| Rent |
$600-$1500 |
Note that a retirement home will cost considerable more and require maintenance |
House Setup |
$1,000-$1,500 |
(furniture assembly, electrician, plumber) |
| Transportation- Car |
$500-$650 |
Public transportation will cost approx:$200 |
Release of shipment |
$1,000-$1,500 |
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| Food |
$550-$800 |
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| Phones/Cellphones/Internet |
$150-$250 |
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| Utilities |
$150-$300 |
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| Health Insurance |
0-$250 |
There is a variety of upgraded health plans and private policies. Availability and costs of medications and treatments should be carefully investigated. |
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| Other Insurance/Medical expenses |
$200-$300 |
includes life, home, property, as well as dental and optical care |
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| Entertainment |
$150-$350 |
includes cable, occasional movie, restaurant, vacation |
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| Municipal Taxes (Arnona) |
$10-$100 |
representing 90% discount for first year. |
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| Total Estimated Monthly Expenses |
$2,310 - $4,500 |
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