Is Kerem HaTeimanim Expensive?

Tel Aviv, Israel

+15% vs Tel Aviv avg

Living in Kerem HaTeimanim, Tel Aviv

Kerem HaTeimanim is a moderately-priced area within Tel Aviv, with a cost of living index of 93.5 — that is +15% compared to the Tel Aviv average. It sits around the middle of the pack at #7 out of 19 neighborhoods. Estimated rent for a one-bedroom apartment here is around ₪7,451/month, compared to a range of ₪4,665 in Bnei Brak to ₪8,747 in Rothschild Blvd.

Monthly Budget Breakdown

For a typical resident of Kerem HaTeimanim, housing takes up roughly 48% of monthly expenses. Food and groceries account for about 16%, while transportation costs around 9%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately ₪298,030 before tax.

Typical Salaries in Kerem HaTeimanim

Salaries in Kerem HaTeimanim reflect the local cost of living. Based on the neighborhood COLI of 93.5:

After tax and deductions of 30.4% in Israel, take-home pay for someone earning ₪298,030 would be roughly ₪207,429/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

93.5
COLI Index
1.15x
vs City Avg
₪7,451
Est. 1BR Rent
#7
of 19 Areas
30.4%
Total Deductions

Tax & Deductions in Kerem HaTeimanim

Estimated annual deductions on a ₪252,408 salary in Kerem HaTeimanim, Tel Aviv (local employee).

Income Tax
18%
National Insurance + Health
12.0%
Total Deductions: 30.4%
Est. Take-Home: ₪175,798/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Kerem HaTeimanim would need to be elsewhere:

City Currency Equivalent
New York USD $70,125
London GBP £60,349
Dubai AED AED 350,890

Other Neighborhoods in Tel Aviv

Neighborhood COLI Multiplier vs Avg
Rothschild Blvd 109.8 1.35x +35%
Neve Tzedek 105.7 1.30x +30%
Herzliya Pituach 104.1 1.28x +28%
Lev Ha'ir (City Centre) 101.6 1.25x +25%
Old North 97.6 1.20x +20%

View all 19 neighborhoods in Tel Aviv →

Convert Your Salary

See exactly what you need to earn in Kerem HaTeimanim, Tel Aviv to maintain your lifestyle.

Open Salary Converter

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Kerem HaTeimanim:

Downtown, Seattle CBD, Sydney West Hollywood, Los Angeles Downtown, San Diego Logan Circle, Washington DC Chevy Chase (DC), Washington DC

Frequently Asked Questions

Is Kerem HaTeimanim expensive in Tel Aviv?

Yes, Kerem HaTeimanim is one of the more expensive neighborhoods in Tel Aviv. It costs about +15% more than the city average, ranking #7 out of 19 neighborhoods.

How does Kerem HaTeimanim compare to the Tel Aviv average?

The cost of living in Kerem HaTeimanim is above the Tel Aviv average. With a multiplier of 1.15x, everyday expenses including rent, food, and transportation are +15% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.