Average Israeli Household Has Net Monthly Income of $4,741

...and spends $3,844 of it every month, according to figures for 2013.

A housing fair in Shoham.
TheMarker

The average Israeli household had a gross monthly income of 17,711 shekels ($4,741) in 2013, according to data published by the Central Bureau of Statistics Wednesday This includes income from all sources – labor, capital, government stipends and familial assistance.

This figure increased 5.2% in real terms – meaning after adjusting for inflation – compared to 2012.

After deducting taxes – income tax, national insurance and health tax - this left the average household with 14,622 shekels.

The average household spent 14,501 shekels ($3,844) a month last year, according to the statistics bureau’s data. This is a 0.1% increase in real terms from 2012, and includes housing expenses.

The average net income per capita – considered the measure of standard of living – worked out to 5,400 shekels a month ($1,439) last year.

Some 77.7% of households’ income came from salaries (13,762 shekels), while another 12% came from government stipends and other assistance.

The average household had 3.3 members and 1.5 breadwinners.

The largest single expense was housing, averaging 3,429 shekels a month, or 23.7% of total expenses. Next was transport and communication, totaling 2,898 shekels a month (20% of all expenses), and food, at 2,424 shekels a month (16.7% of the total).