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    Financial Planning Pre and Post Aliyah Planning

    Budget for Couples Making Aliyah to Israel | Nefesh B’Nefesh

    shaniecooperFebruary 21, 20140 Views0

    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 4,110-9,790
    Rent: 2,000-4,000
    Public Transportation: 150-300
    Food: 1,200-3,000
    Phone/Cell/Internet: 110-330
    Utilities: 200-1,000
    Health Insurance: 0-160 Free basic health coverage for the first six months. Coverage can be free for up to 12 months, if you’re still not working. Monthly cost after this initial period is 160 NIS.
    Entertainment: 200-800 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
    Gym 150-380

    For more information on balancing your family’s lifestyle on an Israeli budget, see Baruch Labinsky’s online Financial Planning Seminar:

    Nbn fin planning labinsky financial 12-2012 condensed from blabinsky
    (This article originally appeared on Nefesh B’Nefesh: http://www.nbn.org.il/aliyahpedia/getting-started-planning-aliyah/family-aliyah/sample-couple-budget/)
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