BREAKING NEWS

Housing, technology Israelis’ costliest expenses

OCTOBER 10, 2012 03:04

Findings from the 2011 Household Expenditure Survey conducted by the Central Bureau of Statistics show that housing constitutes about a quarter of an Israeli household’s expenses. It is the costliest item for the average Israeli family, followed by technology- related consumption.

In 2011, the average monthly consumption expenditure per household was NIS 13,967, a minor increase from 2010.

The survey further details that the wealthiest fifth of Israeli households spends about four times more on transportation and communications than the poorest fifth.

The ownership rate of mobile phone lines in Israel is 13 percent higher than regular phone lines and 71% of households have two or more cellphones, an increase from 2010.

This number has grown at a rapid pace by 33% over the last 10 years.

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