Question: How much it cost to live in New Zealand?

The average monthly living costs for one person range from 3,000 NZD to 4,000 NZD (1,800 to 2,400 USD). A family of four, average living costs range from 6,000 NZD to 8,000 NZD (3,600 to 4,800 USD) per month. All these costs may vary depending on where you live in New Zealand.

How much money do you need to move to New Zealand?

To apply you’ll need at least NZ$100,000 to invest, as well as a detailed business plan. This skilled migrant visa offers permanent residency to workers whose skills are in demand (on any of the shortage lists) but don’t have a job offer before arrival.

How much does a house cost in New Zealand?

According to the Real Estate Institute of New Zealand, the median cost of a home is NZ$597,000. Auckland remains the most expensive place to purchase property, with a median price of NZ$850,000.

What is a good salary in New Zealand?

Minimum wage is about $15, or $30,000 a year. Four times that is more than enough to live a comfortable life. Average wage is $48k, so nearly three times the average is a comfortable salary. Yes, 120K is a good salary in New Zealand.

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Can I afford to live in NZ?

New Zealand is consistently ranked as one of the best countries to live in. However, its natural beauty comes at a high price. The average cost of living in New Zealand is not so attractive. In fact, a family a four spends around 6,000 NZD to 8,000 NZD (3,600 to 4,800 USD) per month.

Does New Zealand have free healthcare?

Government funding means that the New Zealand healthcare system, for citizens and permanent residents, is either free or low-cost. Hospital and specialist care are covered if the patient is referred by a general practitioner (GP). … Many prescription medications are subsidized at an average cost of $5.

Does it snow in New Zealand?

Most snow in New Zealand falls in the mountain areas. Snow rarely falls in the coastal areas of the North Island and west of the South Island, although the east and south of the South Island may experience some snow in winter.

What currency is used in New Zealand?

New Zealand’s unit of currency is the dollar (NZ$). All major credit cards can be used in New Zealand, with Visa and MasterCard accepted most widely.

Is New Zealand safe?

New Zealand is one of the safest countries in the world – we rank second in the Global Peace Index for 2018*. Our crime rates are low, and we consistently rate as one of the least corrupt countries in the world. We also have no dangerous wildlife to worry about – no snakes, no scorpions and definitely no crocodiles!

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What jobs pay well in NZ?

15 Best highest paying jobs in NZ

S No Jobs Salary Range
1 Information Technology Manager NZ$107,000 – $150,000 per year
2 Building and Construction Manager NZ$95,000 – $170,000 per year
3 Information Technology Architect NZ$112,000 – $155,000 per year
4 Marketing Manager NZ$80,000 – $200,000 per year

What are the disadvantages of living in New Zealand?

Cons of Living in New Zealand

  • Everything Costs More in New Zealand. …
  • It’s Far From Everywhere for Travel. …
  • Their Houses Aren’t Well Built. …
  • Public Transport is Extremely Limited. …
  • It’s Difficult to Find Work. …
  • Cost of Living is High. …
  • Earthquakes are a Reality. …
  • While New Zealand is Hugely Multi-Cultural, They Can Also Be Racist.

Is New Zealand richer than Australia?

Australians are a third richer than New Zealanders. Per capita GDP (adjusted for purchasing power parity) is NZ$48,000 in Australia compared to just NZ$36,400 in New Zealand. This difference is remarkable given that the two countries enjoyed the same level of income for most of the twentieth century.

What is bad about New Zealand?

Everything is expensive, lack of job/career opportunities, far from everywhere. Houses are too expensive, renting an apartment almost take all your salary. As much as we would like to see NZ expanding its population, there’s a lack of job opportunities for locals and new migrants which is the main drawback.

Is it cheaper to live in New Zealand or Australia?

New Zealand has a lower cost of living than Australia. You’ll likely pay less for everything there. The cost of living in each country is an average set of data. It varies from city to city.

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Can anyone move to New Zealand?

Great climate for outdoor living

New Zealand is a relatively long country so the weather is different depending on where you live — warmer in the north, cooler in the south.