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Representative Business Costs in Israel

Representative Business Costs in Israel

 

 

Miss Sahara Kaplan, will attend to you (in English) at Phone No. +972 3 546 88 88

In case of emergency, call Gabriel Hanner at his
cellular: +972 50 552 33 33

Representative Business Costs in Israel

A well-trained workforce, a proven track record and overall cost effectiveness, contribute to Israel’s high investment potential. From rent to employee salaries to utilities, there are many direct cost saving factors for businesses based in Israel.

1.  Average rental costs of office space per square meter in Israel

 

Tel-Aviv:

  • Centrally located: $10-$12 + $2-$4 management fee = $12-$16

  • Hi-tech industrial park: $10/11 + $3 management fee = $13/14 (fully fitted)

  • Regular Industrial Premises: $6

 

Haifa:

  • Centrally located: $6-$8

  • Hi-tech industrial park: $10 + $1.5 management fee = $11.5 (fully fitted)

  • Regular Industrial Premises: $6

 

Jerusalem:

  • Centrally located: $12

  • Out of town: $10

  • Most industrial parks including hi-tech parks:  $10

  • Atarot Industrial Park: $2.5

 

Israel Development Areas:

  • Frequently just 40-60 kilometers from the main business centers.

  • Centrally located: $6-$8

  • Regular Industrial Premises: $2-$4

 

Note:  All real estate prices in Israel are quoted in NIS

 

2.  Average monthly salary in Israel

Israel Salary

Unskilled WorkerSkilled WorkerSecretaryAcademic Professional  Manager
US$8211,3801,3192,4793,444
Annual (US$)9,85216,56015,82829,74841,328

Note:  Salaries in development towns may be 10-20% lower for skilled workers and 5-10% lower for unskilled workers.

 

 

3. Electricity costs in Israel

 Time of Use Tariff (Excluding VAT):

 For customers with yearly consumption over 60,000 KWH                        

 

 low voltageHigh voltageExtra High voltage
Fixed monthly charge 44 US$43.6471.4771.78
Charge per KWH US$   
Summer   
Peak

Shoulder

Off Peak

18.34

10.69

04.65

15.36

08.63

03.11

13.7

07.69

02.55

Winter   
Peak

Shoulder

Off Peak

15.74

08.92

04.43

13.18

07.12

02.90

11.91

06.42

02.36

Spring and Autumn   
Peak

Shoulder

Off Peak

11.76

07.81

04.47

09.92

06.16

02.96

09.21

05.55

02.42

 

Miss Sahara Kaplan, will attend to you (in English) at Phone No. +972 3 546 88 88

In case of emergency, call Gabriel Hanner at his
cellular: +972 50 552 33 33

Read about Israel Local Phone Numbers
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