Is Old North Expensive?

Tel Aviv, Israel

+20% vs Tel Aviv avg

Living in Old North, Tel Aviv

Old North is a moderately-priced area within Tel Aviv, with a cost of living index of 97.6 — that is +20% compared to the Tel Aviv average. It sits around the middle of the pack at #5 out of 19 neighborhoods. Estimated rent for a one-bedroom apartment here is around ₪7,775/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 Old North, housing takes up roughly 50% 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 ₪310,988 before tax.

Typical Salaries in Old North

Salaries in Old North reflect the local cost of living. Based on the neighborhood COLI of 97.6:

After tax and deductions of 30.9% in Israel, take-home pay for someone earning ₪310,988 would be roughly ₪214,893/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

97.6
COLI Index
1.20x
vs City Avg
₪7,775
Est. 1BR Rent
#5
of 19 Areas
30.9%
Total Deductions

Tax & Deductions in Old North

Estimated annual deductions on a ₪263,476 salary in Old North, Tel Aviv (local employee).

Income Tax
19%
National Insurance + Health
12.0%
Total Deductions: 30.9%
Est. Take-Home: ₪182,107/yr

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

Salary Equivalents

What a $75,000 USD salary in Old North would need to be elsewhere:

City Currency Equivalent
New York USD $73,200
London GBP £62,995
Dubai AED AED 366,277

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%
Sarona 95.9 1.18x +18%

View all 19 neighborhoods in Tel Aviv →

Convert Your Salary

See exactly what you need to earn in Old North, Tel Aviv to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Old North:

Miami Beach, Miami Foggy Bottom, Washington DC South End, Boston Islington, London Angel (Islington), London Aker Brygge, Oslo

Frequently Asked Questions

Is Old North expensive in Tel Aviv?

Yes, Old North is one of the more expensive neighborhoods in Tel Aviv. It costs about +20% more than the city average, ranking #5 out of 19 neighborhoods.

How does Old North compare to the Tel Aviv average?

The cost of living in Old North is above the Tel Aviv average. With a multiplier of 1.20x, everyday expenses including rent, food, and transportation are +20% 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.