Prices in Israel

Prices in Israel

Prices in Israel: Real Estate, Cars and Salaries

When we are speaking about Israel, one of the main topics is the cost of living. Israel is known for its high prices for real estate, cars and other goods. In this article, we will take a closer look at the prices of buying and renting real estate, cars (both new and used), and the level of salaries in the country. We will pay special attention to the salaries of designers so that you can understand how studying in Cheetah Design Academy can help in your career.

1. Prices for buying real estate in Israel

Real estate prices in Israel vary greatly depending on the city. Here are the average prices for apartments in 2024:

  • Tel Aviv: One of the most expensive cities in the world, apartment prices here can reach 50,000 - 60,000 shekels per square meter. An apartment of 100 square meters will cost you on average 5-6 million shekels.
  • Jerusalem: Prices here are a little lower, but still high - on average 30,000 – 45,000 Shekels per square meter. Buying an apartment will cost 3–4 million Shekels.
  • Haifa: Compared to Tel Aviv and Jerusalem, Haifa is more affordable. Prices range from 20,000 до 30,000 Shekels per square meter, which means about 2-3 million shekels for the apartment.
  • Beer Sheva: Prices in the south of Israel are significantly lower, and in Be'er Sheva apartments can be found at a price 15,000 – 20,000 shekels per square meter.

2. Renting real estate in Israel

Rental prices also vary depending on location:

  • Tel Aviv: On average, renting a one-bedroom apartment costs around 6,000 – 7,500 Skekels в месяц. Большие квартиры могут стоить до 12,000 Shekels and higher.
  • Jerusalem: Renting a one bedroom apartment costs about 4,500 – 6,000 Shekels in a month.
  • Haifa: In Haifa, rent is more affordable and is approximately 3,500 – 5,000 Shekels in a month.
  • Beer Sheva: The rent here is even lower - about 3,000 – 4,500 Shekels per month for a one-bedroom apartment.

3. Car prices in Israel

The cost of cars in Israel is higher than in many other countries, mainly due to high import taxes:

  • New Cars: For example, new cars like the Hyundai i30 or Toyota Corolla cost around 130,000 – 150,000 ShekelsMore expensive models, such as Audi or BMW, can cost from 200,000 to 400,000 shekels.
  • Used cars: Used car prices vary depending on the age and condition of the car. For example, a used Hyundai can cost around 50,000 – 80,000 Shekels, while older models can cost 30,000 – 50,000 shekels.

4. Salary range in Israel

Salary levels in Israel also vary depending on the profession and sector of the economy. The average salary in the country is about 11,000 – 12,000 shekels per month, but many professions can bring in significantly more.

  • High Tech: The high-tech sector in Israel offers some of the highest salaries. Software Engineers and engineers can earn from 20,000 to 35,000 shekels per month.
  • Medicine: Doctors earn from 30,000 Shekels and higher, depending on their specialization and experience.
  • Teachers: Teachers can earn around 9,000 – 12,000 shekels depending on experience and qualifications. However, if they use platforms such as IQulearn, where teachers can easily find students for private lessons, their salaries can be significantly higher - about 15,000 – 18,000 shekels per month. This is a great opportunity for teachers to increase their income and find more students.

5. Salaries of designers in Israel

Designers, especially in the area UI/UX, earn good money. Beginning designers can earn 12,000 – 15,000 shekels per month, and more experienced specialists can receive up to 25,000 skekels and above. This is a great opportunity for those who want to build a career in Israel. If you want to master this profession, register to UI/UX design courses in Cheetah Design Academy, where you will gain the necessary skills to successfully work in this field.

The conclusion

Prices in Israel can be high, especially for housing and cars, but high salaries in the tech and design sectors make up for it. Studying in-demand professions such as UI/UX Design, opens the door to good earnings and an interesting career. If you are interested in learning design and the opportunity to improve your life in Israel, join Cheetah Design Academy and start building your future today!

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