Is cost of living cheaper in New Zealand?

When comparing the cost of living in New Zealand vs Australia, New Zealand is the more affordable country to live in. On average, consumer prices in New Zealand are 3.96% lower than in Australia. Rent and groceries cost 17.70% and 5.92% less. Eating out at a restaurant will also cost less in New Zealand.

Is it cheaper to live in NZ or UK?

United Kingdom is 12.0% more expensive than New Zealand.

How much does it cost to live in NZ per year?

What are the general living expenses for New Zealand?

Living expenses in Wellington (excluding rent)³ Average cost
Single person, per month 1,384 NZD
Single person, per year 16,608 NZD
4 person family, per month 4,874 NZD
4 person family, per year 58,488 NZD

Is healthcare free in NZ?

Healthcare in New Zealand is a mixture of free services and subsidised services (where you pay a fee to cover some of the costs). For example: most hospital visits and visits to the family General Practitioner (GP) for children aged under 13 are free.

Which is the cheapest country to live in?

10 best and cheapest countries to live in

  1. Vietnam. For those wanting to live and work in an exotic place, but not pay a fortune, Vietnam is any budget travelers dream.
  2. Costa Rica.
  3. Bulgaria.
  4. Mexico.
  5. South Africa.
  6. China.
  7. South Korea.
  8. Thailand.

What salary do you need to live comfortably in New Zealand?

From what we see, a single expat living in Auckland would need to have on hand a minimum of 3,000 NZD (2,100 USD) per month to cover their basics. The average net salary in New Zealand is 61,631 NZD (approx USD 44,701) per year, or 5,135 NZD per month (3,725 USD).

Is school free in New Zealand?

Primary and secondary schools are the second level of education. Your child’s education is free between the ages of 5 and 19 at state schools (schools that are government owned and funded) if they’re a New Zealand citizen or a permanent resident. Schooling is compulsory from age 6–16.

Why is housing so expensive in New Zealand?

Inflated land prices and high council infrastructure levies are the real reason new houses cost so much in New Zealand – not building materials and labour costs. Bernard Hickey analyses a new report.

What is the average house price in New Zealand?

Median house prices rose with an annual average growth of almost 3% from 2010 to 2019. The economy is expected to recover this year, with a growth forecast of 4%, based on IMF forecast. In April 2021, the Reserve Bank of New Zealand (RBNZ) kept

How good is the quality of life in New Zealand?

New Zealand emphasises having good work/life balance. New Zealanders generally have a laidback attitude to life and place a lot of importance on family and friends. With so many beautiful places to explore around the country, you can spend your weekends and holidays discovering new places – glaciers, mountains, lakes, waterfalls and more.

What is the minimum house rent in New Zealand?

There is no defined minimum….the rents vary incredibly across the country and it depends on what you rent. A low weekly rent for a two bedroom unfurnished house would likely be somewhere such as Whanganui where it appears to be as low as $250 NZD per week.