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How expensive it gets for solo backpackers?

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Hi there!
I’m working my plans for visiting Israel, and I wonder how cheap/expensive it gets for backpacker style.
I’m not talking for the absolute minimum record, basically for an average low budget-conscious way
(Sleeping in dorms/ simple rooms, eating at simple restaurants and some street food, travelling by public buses, etc)
Guidebooks set the low budget cost at US$ 20-40 (pppd), or NIS 80-150, is this really easy around the country?
I read other posts, that Israel is not really a backpacker destination. Hmmm…
Costs can vary for each traveller of course, but what should I expect as a rough idea?
Also: can you really enjoy some good sightseeing in low budget level, or need packages somewhere?
Many thanks- happy travels to all!
Nikolas

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