Is Ramat HaHayal Expensive?

Tel Aviv, Israel

+8% vs Tel Aviv avg

Living in Ramat HaHayal, Tel Aviv

Ramat HaHayal is a relatively affordable area in Tel Aviv, with a cost of living index of 87.8 — that is +8% compared to the Tel Aviv average. At #11 of 19, it is below the city average in cost. Estimated rent for a one-bedroom apartment here is around ₪6,997/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 Ramat HaHayal, housing takes up roughly 45% 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 ₪279,889 before tax.

Typical Salaries in Ramat HaHayal

Salaries in Ramat HaHayal reflect the local cost of living. Based on the neighborhood COLI of 87.8:

After tax and deductions of 29.5% in Israel, take-home pay for someone earning ₪279,889 would be roughly ₪197,322/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

87.8
COLI Index
1.08x
vs City Avg
₪6,997
Est. 1BR Rent
#11
of 19 Areas
29.5%
Total Deductions

Tax & Deductions in Ramat HaHayal

Estimated annual deductions on a ₪237,020 salary in Ramat HaHayal, Tel Aviv (local employee).

Income Tax
18%
National Insurance + Health
12.0%
Total Deductions: 29.5%
Est. Take-Home: ₪167,028/yr

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

Salary Equivalents

What a $75,000 USD salary in Ramat HaHayal would need to be elsewhere:

City Currency Equivalent
New York USD $65,850
London GBP £56,670
Dubai AED AED 329,499

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

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Ramat HaHayal:

Navy Yard, Washington DC The Loop, Chicago Pyrmont, Sydney Grünerløkka, Oslo Ullern, Oslo Bermondsey, London

Frequently Asked Questions

Is Ramat HaHayal expensive in Tel Aviv?

Ramat HaHayal is near the city average for Tel Aviv. Costs are about +8% vs the average, making it a mid-range neighborhood.

How does Ramat HaHayal compare to the Tel Aviv average?

The cost of living in Ramat HaHayal is above the Tel Aviv average. With a multiplier of 1.08x, everyday expenses including rent, food, and transportation are +8% 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.