The Oleh Budgeting Calculator is a free tool that creates a budget automatically for you.
We are proud to have partnered with Nefesh B’Nefesh and Shivat Zion on the release of this important tool.
Our new tool helps you see into the future. Here are some great ways to use it effectively:
- Before aliyah: Create a realistic budget for living in Israel
- Before marriage: See how much you’ll be spending after combining finances
- A growing family: Simulate how much it will cost to have more children
- Prior to a move: Will living somewhere else have a significant impact on your expenses?
- Before a major purchase: See the overall, long-term impact of buying a car or a larger property
- Before retirement: Forecast your expenses during retirement
The calculator will be updated annually, so that it remains relevant and up-to-date.
Ready to get started?
Since appliances and closets are generally not a part of rental or purchase, Is there a list of current prices of oven/stove, refrigerator, washer and dryer, dishwasher, hot plate, urn, crockpot, food processor, mixer etc. it would be very helpful to have a basic range of prices for each item since we will need to purchase all of these items within the first month. Also it would be great to get a price range of closets, beds, couches, dining room table etc
We don’t have a breakdown currently of each item, but the Oleh Budgeting Calculator does estimate a total cost for setting up a home. My current estimate is 12,000 ILS for living room, 28,000 for kitchen/dining room, 5000 for washing machine + dryer and 6500 per bedroom. In saying that there is huge variability depending on what and how you buy. AI will give you a really good estimate for your personal situation. Just give it as much context as you can.
Is there a resource we can use to determine how much we will need to save to make Aliyah? Not cost of living in Israel, but costs of moving and settling.
Unfortunately nothing precise that we’ve come across. Nefesh B’Nefesh does have some approximations on their site.
Is the tool available now? I watched the seminar, but I don’t see a link to the tool.
Peter Levavi
Yes it is! Sign up here and we will send it straight to your inbox: https://hub.bluewhitefinance.com/olehbudgetcalculator
Hi Esther. You can now make a copy here: https://docs.google.com/spreadsheets/d/11j8DRiTFbiMNUdPbkosRkzXWJ8biaav8oYapqzFrA9E/copy
After clicking, select “Make a Copy”. A copy of the calculator will be saved in your Google Drive.