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: $6
Haifa:
Jerusalem:
Israel Development Areas:
Note: All real estate prices in
Israel are quoted in NIS
2. Average monthly salary in Israel
|
Israel Salary |
Unskilled Worker |
Skilled Worker |
Secretary |
Academic Professional |
Manager |
| US$ |
821 |
1,380 |
1,319 |
2,479 |
3,444 |
| Annual (US$) |
9,852 |
16,560 |
15,828 |
29,748 |
41,328 |
Note: Salaries in
development towns may be 10-20% lower for skilled workers and 5-10% lower
for unskilled workers.
3. Electricity costs in Israel
Time
of Use Tariff (Excluding VAT):
For
customers with yearly consumption over 60,000 KWH
| |
low voltage |
High voltage |
Extra High voltage |
| Fixed monthly charge
44 US$ |
43.64 |
71.47 |
71.78 |
| 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 |
|
