Israeli Households Earn NIS 22.6K Net Monthly, Lower Income Brackets Spend More Than They Earn
Translated & summarized from Bizportal by baba
The average Israeli household earned NIS 22,555 net per month in 2024, with expenditures at NIS 15,370, according to CBS data. Significant income inequality persists, with the top decile earning nearly seven times more than the bottom decile. Households in the lowest two deciles spent more than they earned, facing monthly deficits. Housing, transportation, and food were the largest expense categories, comprising over 61% of consumption.
The story in 6 lines · by baba
- Average Israeli net monthly income in 2024 was NIS 22,555, with expenditures at NIS 15,370.
- The top income decile earned 6.8 times more than the bottom decile.
- Households in the bottom two deciles spent more than their income.
- Housing, transportation, and food constituted over 61% of household consumption expenses.
- The Gini coefficient for income inequality decreased to 0.333 in 2024.
- Work accounted for 76.6% of total household income, while benefits were 14.8%.
In 2024, the average Israeli household reported a net monthly income of NIS 22,555, with gross income averaging NIS 27,173. Actual monthly expenditures stood at NIS 15,370, according to the Central Bureau of Statistics' (CBS) household expenditure survey. The survey data, published in October 2026, reflects the economic situation of 2024, meaning current figures may differ due to subsequent price and wage changes. Despite a slight real increase of 0.1% in gross income and 1.3% in net income compared to 2023, significant disparities exist across income deciles.
The largest budget items for families were housing, transportation and communication, and food, collectively accounting for over 61% of consumption expenses. Housing alone represented 25% of the consumption expenditure. The survey also noted that the total consumption expenditure, including the imputed rent for homeowners, reached NIS 18,695 monthly.
Income inequality is stark, with the top decile earning a net NIS 49,496 monthly, approximately 6.8 times more than the bottom decile's NIS 7,276. However, expenditure differences are less pronounced, with the top decile spending NIS 21,800 and the bottom decile NIS 11,902. Notably, households in the bottom two deciles spent more than they earned, facing monthly deficits of NIS 4,626 and NIS 576, respectively. This disparity is partly explained by the number of earners per household, with higher deciles having more working individuals.
Work constituted 76.6% of income for all households, while benefits and support made up 14.8%. In the lowest decile, benefits accounted for 37.6% of income, compared to 81% from work in the top decile. Homeownership rates also varied significantly, with 79.5% of top-decile households owning their homes versus 35.5% in the bottom decile. The Gini coefficient, measuring income inequality, decreased to 0.333 in 2024 from 0.349 the previous year, though the top decile still received 22.4% of total net income.
