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Photo:Yaron Brener
Parklife: Yarkon Park in Tel Aviv
Photo:Yaron Brener

Tel Aviv is Israel's most expensive city, new stats show

According to new figures from Central Bureau of Statistics, Israel's cultural capital has the priciest housing, and the highest monthly expenditure.

When it comes to monthly expenditure in Israel, Tel Aviv families spend the most – NIS 12,796, while the average family in Bat Yam spends the least, just NIS 8,373 a month, according to a new Central Bureau of Statistics report covering Israel's 14 largest cities.

 

 

Rishon Lezion boasts the highest average monthly income per family, at NIS 17 786, with Bat Yam recording the lowest, at just NIS 10,519 .

 

Tel Aviv tops the pile in terms of housing expenditure, too, with housing costs in the city accounting for 30 percent of the average family's overall monthly expenses; in Ashkelon and Be'er Sheva, housing makes up just 20 percent of the average family's monthly expenses. Be'er Sheva families, on the other hand, spend the most on food (19.6 percent of their overall monthly outlay), while families in Rehovot spend the least (14.9 percent).

 

Tel Aviv Mayor Ron Huldai oversees the costliest city. (Photo: Amir Levy) (Photo: Amir Levy)
Tel Aviv Mayor Ron Huldai oversees the costliest city. (Photo: Amir Levy)

 

In most of the big cities, the average family home serves less than one person per room; in Bnei Brak and Jerusalem, however, the average residence is home to more than one person per room (1.2-1.3).

 

Rishon Lezion leads the way in terms of the number of residents living in apartments they own themselves (76 percent); Tel Aviv, on the other hand, boasts the highest percentage of rented apartments (47 percent).

 

Apartments in Tel Aviv have the highest average value, at NIS 2.22 million, with the cheapest apartments to be found in Be'er Sheva – an average of NIS 894,000.

 

The average rental in Be'er Sheva goes for a third of that in Tel Aviv – NIS 1,400 as opposed to NIS 4,000.

 

Tel Aviv also boasts the highest number of households that own a home computer and an Internet subscription, 87 percent and 82 percent respectively. Ashkelon families lead the way when it comes to ownership of a television and subscriptions to cable and satellite television, 97 percent and 87 percent respectively.

 

And finally, more than half the families in Bnei Brak own a tumble dryer, compared to only about 20 percent in Bat Yam.

 


פרסום ראשון: 11.21.14, 14:00
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