Cost of living in Netanya
Netanya, a vibrant city in Israel, offers a unique blend of coastal beauty and urban living. Understanding the cost of living here is crucial for anyone considering relocation or planning a visit.
This guide provides a detailed breakdown of expenses in Netanya, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $24.06 on average, with a range between $16.04 and $29.41.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $82.89, with prices ranging from $74.87 to $133.69.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $14.71, with a range between $13.37 and $15.24.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $8.02 to $9.63, imported beer $6.42 to $9.36, cappuccino $2.67 to $5.35, and Coke/Pepsi $2.14 to $4.01.
Grocery Prices
- Milk - Milk is priced between $1.6 and $2.14 per liter, averaging $1.89.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.15 and $3.68, with an average price of $2.15.
- Eggs (Dozen) - A dozen eggs range from $2.98 to $4.81, averaging $4.01.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.14 to $3.48 per kg, while oranges range from $1.04 to $3.21 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.04 and $1.87 per kg, and lettuce costs $1.07 to $2.14 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.47 and $3.21, with a monthly pass priced between $56.95 and $68.18.
- Fuel (Gasoline) - Gasoline is priced between $1.87 and $1.91 per liter.
- Taxi Fares - Taxi fares start at $4.01, with a cost of $0.8 to $1.07 per km and $16.04 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $935.86 to $1470.63, averaging $1114.12.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $909.12 to $1336.94, averaging $1149.77.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1336.94 to $2406.49, averaging $1791.5.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1283.46 to $2139.1, averaging $1513.42.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $5399.1 to $8021.64, averaging $6701.81.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $5882.53 to $7219.47, averaging $6506.44.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $200.54 and $395.27, averaging $274.42.
- Internet - Internet services range from $26.74 to $45.13, with an average cost of $27.81.
Cost of Living Rankings
The cost of living indices for Israel are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Israel, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Netanya offers a moderate cost of living with relatively affordable housing compared to other major cities in Israel.
Dining out can be expensive, especially in mid-range restaurants, but there are affordable options available.
Transportation costs are reasonable, with public transport and fuel prices being manageable.
Grocery prices vary, with some items like local cheese and beef being on the higher end.
Conclusion
In conclusion, Netanya presents a balanced cost of living, making it an attractive option for those seeking a coastal lifestyle in Israel.
While some expenses like dining and certain groceries can be high, affordable housing and transportation help offset these costs.
Overall, Netanya is a city that offers both quality of life and economic feasibility for residents and newcomers alike.