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Israel

#21 globallyMiddle East

Average salary: $42,000/year ยท Currency: ILS โ‚ช

Mean Annual Salary

$42,000

gross USD

Median Annual Salary

$36,000

gross USD

GDP per Capita

$43,688

current USD

PPP Factor

ร—0.82

vs USD base

Tax Breakdown at Median Salary

Estimated
Gross Income$36,000
Income Tax$7,020
Social Security$2,700
Health Insurance$1,080

Take-Home (Net) Annual

$25,200

Effective Tax Rate

30.0%

* Based on median salary of $36,000. Estimated combined rate. Consult a tax professional for accurate calculations.

๐Ÿ‡ฎ๐Ÿ‡ฑ Israel Economic Overview

Currency

ILS (โ‚ช)

Region

Middle East

Population

9.6M

Gini Coefficient

0.392

Cost of Living Index

82 (US=100)

Tax Data Available

Estimated

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Salary vs Global Benchmarks

Global Mean$18,000
Middle East Mean$25,400
Israel Mean$42,000

Global Ranking

#21

out of 117 countries

by average salary

About Salaries in Israel

The average annual salary in Israel is approximately $42,000 (gross, in USD), with a median of $36,000. The country ranks #21 out of 117 countries by average salary.

At the median salary, workers in Israel take home approximately $25,200 after taxes โ€” an effective tax rate of 30.0%. The purchasing power parity factor of ร—0.82 means that in real terms, living costs are lower than in the United States.

Israel is located in the Middle East region. Income inequality, measured by the Gini coefficient, is 0.392 (moderate inequality).