This article will look at the 5 best places to retire in Israel. If you wish to check out our detailed analysis of the business climate of Israel and retiring to Israel, you may go to the 12 Best Places to Retire in Israel.
5. Netanya
Insider Monkey Score: 7
Netanya, another coastal city in Israel, has landed on our best places to retire in Israel list. Retirees love it for its magnificent beaches, refreshing sea breeze, and the mild climate it offers. There are modern healthcare facilities available, an important prerequisite of retirement. The cultural scene is also very vibrant, and retirees get a lot of opportunities to socialize. The average cost of living in the city is estimated to be $1,752, with $1,120 spent on rent. However, housing is expensive. The average purchase price of an apartment in the city is $622,578.
4. Rishon LeTsiyon
Insider Monkey Score: 7
Rishon LeTsiyon, one of the fastest-growing cities in Israel, makes for an interesting place to retire to. It’s known for its natural beauty, Mediterranean climate, and proximity to well-established healthcare facilities. The culinary scene is diverse, and the cost of living is reasonably affordable. There are plenty of parks and green spaces in the city as well. The average cost of living for a single expat retiree is around $2,000.
3. Jerusalem
Insider Monkey Score: 8
Jerusalem has some of the most iconic religious and historical sites, such as the Church of the Holy Sepulchre, the Dome of the Rock, and the Western Wall. Retirees will love to keep themselves indulged in such a city full of history and culture. The city also boasts world-class healthcare facilities for retirees. The cost of living for a single expat retiree is high, averaging around $3,150 per month. This includes the rent for a one-bedroom apartment in the city centre, which is about $1,733. For those interested in buying, the average price of an apartment in Jerusalem is 2,606,255 Shekels or $684,600 approximately.
2. Haifa
Insider Monkey Score: 8
Haifa, the third largest city in Israel, is a good place to retire to. The bustling port city is revered for its stunning landscapes, such as the Bahá’í Gardens, offering breathtaking views of the city and the Mediterranean Sea. Retirees get to enjoy a vibrant and active lifestyle here, thanks to its lively cultural scene and nearby parks and nature reserves. A single expat retiree can expect to spend an average of $2,403 in the city, with $676 being spent on rent.
1. Tel Aviv
Insider Monkey Score: 10
Vibrant nightlife, delicious cuisine, and spectacular beaches make Tel Aviv one of the best retirement destinations in Israel. The city is also home to world-class healthcare facilities that retirees can avail. There are numerous academic institutions where retirees can engage in life-long learning. The climate is moderate, the culture is diverse, and retirees also enjoy an active lifestyle. A single expat retiree can expect to live in the city for an estimated $2,826, with $1,384 spent on rent.
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