is it expensive to live in new zealand
New Zealand is consistently ranked as one of the best countries to live in. You will get to see the beautiful mix of the mountains, lakes, rivers and trees that make up the scenery. With an affordable price, people like you will be able to enjoy suitable living conditions. If you want to live in a place where you will find a peaceful but with a good quality of life, there is no doubt that you can find it here in New Zealand. There are so many options that you have when selecting a certain mode of transportation. I work as a case manager (health professional) in Edinburgh and would love to live and work in New Zealand even just for 12 months. Other cities to consider are Dunedin and Hamilton, which are cheaper to live in than the top three. how you can keep this site running for free! There are also a lot of free services here since this is subsidizes and funded for. There are many cities around the world that are more expensive than living in New Zealand. But Numbeo also shows that the cost of rent, however, falls roughly 21.7% lower than that in the U.S. A movie ticket will set you back between $10-$18.50. Get more information about this by reading our guide about Moving Money To New Zealand. Living in New Zealand New Zealand. Living in Auckland is the most expensive place to live in New Zealand. Here is how the other cities in New Zealand compare to Auckland: Wellington is 6% less than Auckland. Like almost everywhere else in the world, living in the country is less expensive than city life. The average apartment or small house has one or two bedrooms. With that in mind, we’ve put together this quick list of exchange rates so that you can compare the typical New Zealand prices with your home currency. A single person estimated monthly costs are 956.70$ Cost of in Most people spend around $200 NZD for shopping clothes. Besides the cost of housing, power is ridiculous. You will likely want to consider buying a previously-owned vehicle since you have to pay cash. As we now live in a country that excites us, we live in a country that has a better climate that offers us new opportunities.” I think the lesson we have learned over time is to stop analyzing it so much and to think of New Zealand as a high maintenance girlfriend. Most people living there prefer to buy their own home. Speaking of costs, there is nothing that you have to worry about. It depends where you're from & what happens on the exchange rate when you convert your currency to the New Zealand dollar. Get to enjoy the peace and serenity that comes with this destination. Summary about cost of living in Christchurch, New Zealand: Family of four estimated monthly costs are 3,437.67$ (4,757.67NZ$) without rent (using our estimator). Once you do become a resident, you may qualify for home mortgage financing at low interest rates. Foreigners’ interest in New Zealand increased after the trilogy of the Lord of the Rings films were made there. Whether New Zealand is expensive or not really depends on what country you are from. What makes this a great place to live in is that it is very accessible. Cost of Living in New Zealand Select city in New Zealand: Cost of living in New Zealand is 10.74% higher than in United States (aggregate data for all cities, rent is not taken into account). For this kind of expense, you can live without it. Add NZ$500 per person if you go out to eat. The British get 47% off, Americans 32% off, Canadians 9% off, and Europeans 39% off. The cost of living is similar to other OECD countries, and is combined with an excellent work/life balance and a high quality of life. The hobbit village that was created as a set for the movies is now a tourist attraction. New Zealand is famous for the clothing that designer here make. Automated page speed optimizations for fast site performance. Increased interest in moving to New Zealand started in the UK and the US and then spread around the world. For longer use, and for driving across the country, you will want to buy a vehicle. The custom in New Zealand is to advertise rental prices as the cost per week. • New Zealand is the most expensive country in the world to buy a home, based on prices compared to incomes. Clothes here are definitely worth it because they have the best quality of materials in making affordable clothes. The median rent for a small place in New Zealand is NZ$390 per week (NZ$1,560 per month). Expect to pay around $500 to $1000 NZD per month of groceries and food expenses. These are some of the most expensive countries in New Zealand. Some super-wealthy people built luxury homes in remote areas on with world-class underground bunkers designed to survive an apocalypse. If you are not a permanent resident with a work visa and a job, you will not be able to buy a new car or truck on credit. This country may not be populated by a lot of people but life here is good. We raised our two kids in New Zealand, built our own home on a very steep hill, … New Zealand is actually not much different to many other countries. The median cost of buying a home in New Zealand is around NZ$550,000. They have buses, trains and cabs that you can ride. Those three cities make up two-thirds of the country’s gross national product. Moving to North or South Island, New Zealand from the UK Once you’ve made the hard Living in Auckland is the most expensive place to live in New Zealand. All of the cost-of-living information in this guide is expressed in New Zealand Dollars (NZD or NZ$) so you can get used to thinking in those figures. Rotorua is the least expensive town to live in followed up by the Napier/Hastings area that is located in the beautiful wine country. In the big cities, like Auckland, this goes up to NZ$862,000. In fact, a family a four spends around 6,000 NZD to … The cost of buying an average home depends on the area where it is located. Besides having a median rent price of NZ$235 per week, the provincial city is attractive because of its rich heritage, a burgeoning economy , the relaxed lifestyle and the trove natural wonders that are within reach, including one of New Zealand’s … So many people comment on how New Zealand is expensive, and yes, compared to some places in the world (especially Asia) it is quite pricey. Homes for rent on the other hand, cost around $200 to $400per week. The median price for three or four bedrooms in Auckland is NZ$600 per week (NZ$2,400 per month). Beside from this, utilities such as water, gas and garbage bills are included too. It is far enough away from the global danger zones to be a very safe place to live. But it's not just limes, $3 for one pepper, $10 for some cheddar cheese! New Zealand is the 53rd largest nation with the highest GDP in the world, with an annual GDP of 186.4 billion dollars. How Much Does It Cost to Retire in New Zealand? That's according to Kiwi users of web forum Reddit, when asked 'What's wrong with your country?' Everything that you pay for here is worth it. Ever. Since the government wants to encourage immigrants to stay here, they are lowering prices of housing here. The North Island city of Whanganui is continuously touted as the most affordable place to live in New Zealand. If you are looking to rent in Auckland, the average price for a medium-sized home starts at around NZ$600 a month. It has micro-climates of all types that include the sunny beaches on the north coast, vast tracts of ranch land where millions of sheep graze, stunningly beautiful lakes, and mountains in the south that look a lot like the Swiss Alps. For the past ten years, we have been lucky enough to call this gorgeous, sometimes underrated country, home. That way, you’ll be able to better judge whether New Zealand is expensive. New Zealand is such a nice place to start a new life. cost of living New Zealand vs United States, 5 Best Places to Retire for $30,000 Per Year or Less, Great Retirement Tips Made Easy To Understand, Seniors Want to Know Where to Retire Cheap, The 5 Best Places for Expats to Retire in Costa Rica. Housing in New Zealand is technically cheaper compared to other countries. New Zealand health care is considered among the best. What, if anything, do we get cheaper here than overseas? Christchurch is 16% less than Auckland. There are certain things that you have to know regarding the healthcare sector in New Zealand. The cost of living in New Zealand is understandably high. The cost of living in New Zealand is similar to other western OECD countries. There are more sheep than people. This is something that people cannot live without. All cost of life indicators are pointing down, making Napier/Hastings a serious contender for a cheap lifestyle. Costs of living in New Zealand New Zealand’s flexible education system has study options to suit every budget. Reach out to us at with any questions you may have about living in New Zealand and we will be happy to help you. If working in New Zealand is of interest to you, you will probably want to live in Auckland, Christchurch, or Wellington. If you are like us, just “Go for it!” We are very happy that we did. This is often compared to Sweden or New Zealand. 2016 Cost of Living Survey | Mercer What do others think? Any tips would be gratefully received. The currency used by New Zealand is the New Zealand Dollar (NZD). The average monthly utilities bill that you have to pay here is around $80 to $150 per month. A typical consultation to the doctors can cost your around $50 NZD on the average. This is their “Plan B” in case the rest of the world falls completely apart. The cost of living in New Zealand is roughly 3.0% higher than the U.S., according to Numbeo, a site that collects and analyzes global cost of living data. Single person estimated monthly costs: NZ$3,627. Switzerland has come in 16 spots ahead of New Zealand to be named 2020's "most expensive" country to live in. Life in New Zealand is a life full of quirks, however it's these traits which make New Zealand so uniquely special. Summary of cost of living in New Zealand. If you have recently moved to New Zealand and would like to share your experience of making the big move down under with others, then please do get in contact with us and we will arrange it! Retirees, who are on a fixed income, find their money buys more if they live on the outskirts of a metropolitan area or in the countryside. The electricity expense is very important here in New Zealand. Here is how the other cities in New Zealand compare to Auckland: Here is a list of the prices of many things that are often purchased: It is not difficult to fall in love with New Zealand. Apartments for rent are around this rate ranging from $300 to $800 per week on the average. We recommend getting and XE account for currency transfers and to exchange other currencies into New Zealand Dollars. Family of four estimated monthly costs: NZ$6,860. Life here is nothing but relaxing when you are here. Since the government wants to encourage immigrants to stay here, they are lowering prices of housing here. They may make a visit or two, before making the decision to permanently move there. Rural Areas (near a big city) – NZ$425,000. Yes, house prices are most expensive in Auckland. Last week a Taco Bell opened in Auckland. It’s a collaboration by people originally from the UK, USA, and Germany who now live happily in New Zealand. We sold our home in Greensboro, North Carolina, in July 2017 to pursue our dream of traveling full-time. Professionals (under 56 years old) who have computer programming skills are in high demand. It is equipped with modern facilities, transportation as well as a lot of urbanized areas. © 2021. Many millionaires and billionaires have a second home in New Zealand because it is a peaceful country not very involved in world conflicts. Cost of living in New Zealand is more expensive than in 84% of countries in the World (13 out of 76) Change the currency: New Zealand has a thriving high-tech industry. With an affordable price, people like you will be able to enjoy suitable living conditions. oh, and did I mention we pay $3.30 for ONE garbage bag! By thinking about the conversion in this manner, everything you buy in New Zealand will seem like it is on sale! Utilities (gas heating, electricity, water) – NZ$253 to NZ$506, Prepaid Mobile Phone (per minute) NZ$0.35. Life here will surely be convenient for you. This includes eating out, drinking or even having coffee. The country depends greatly on international trade with countries like China, United States, Japan and Australia. Others can’t wait to make New Zealand their new home. I see there are a few recruitment agencies for health professionals so perhaps I should make contact with some of them to sound them out? For two people, the cost of living ranges from about NZ$3,000 to NZ$5, 000 per month. In New Zealand, a pickup truck is called a utility vehicle or a Ute. This is something that is not at all necessary. We are an American family of 3 traveling the world. The average cost of living in New Zealand is not so attractive. Here is how you can keep this site running for free! 2. Maid services are not really that necessary when you live in New Zealand. Foreigners are prohibited from buying homes in New Zealand. New Zealand sucks because we have poor housing, expensive food and a lack of maple syrup. This is not at all that expensive if you are staying here. Some take their time. People often wonder what it is like to live in New Zealand. Welcome to Living Abroad, a series that shows you what expat life is like in cities around the world.Next up: Erica, an American living in Wanaka, New Zealand.Here, Erica shares what it’s really like to live in New Zealand, from having access to jaw-dropping natural beauty to how New Zealand compares to the US. City centres are the most expensive places to live but plenty of letting agents and landlords advertise for both long and short-term rentals. If you want a certain space, you need to make sure that you know the cost of the apartment, bonds and the advanced rent that you have to pay for. Converting this to other currencies, 1 NZD is equivalent to 0.51 Euro and 0.74 USD. The first thing to consider is whether you want to live in the city or in the country. Housing in New Zealand is technically cheaper compared to other countries. This is located in the southwest part of the Pacific Ocean. Renting is not as simple as you think. Food – NZ$1,000 per person per month (eat at home). Gasoline – NZ$2.21 per liter (cost depends distance driver and vehicle’s mileage). New Zealand is a paradise when you get there. Compared to Europe and to the United States, New Zealand is farther and less accessible which makes it most commodities more expensive here. The cheapest smaller cities to live in are Rotorua, Napier/Hastings, Whangarei, Palmerston North, Tauranga, and New Plymouth. Internet, telephone and the cable bills cost around $40 to $60 NZD per month. The average larger apartment or home has three or four bedrooms. MoveToNewZealand.net. COMMENT Why is everything so damn expensive in New Zealand? Lots with houses here cost around $ 250,000 to $1M NZD. Generally yes, food is not cheap rents are high as there is a shortage of good rentals and because our public transport is not cohesive you are better with a car and petrol is expensive. However, I have This guide helps those who are thinking about living in New Zealand, full-time or part-time, to learn more about what it costs to live there. Find what you’re looking for with our sitemap. For those who are still working, city life may be more attractive.
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