Quick Answer: Is It Expensive To Live In New Zealand?

What jobs are in demand in New Zealand?

However, ‘skilled’ workers will also be in demand, particularly glaziers, plasterers and tilers; electricians; plumbers; animal attendants, trainers and shearers; and fabrication engineering trade workers..

What salary do you need to live comfortably in NZ?

But many people live comfortably on the pension. New Zealand’s median income is $52,000. Sixty per cent of four-person households earn more than $102,500. Working for Families credits are available to households earning up to $120,500, if they have four or more children.

Is living in New Zealand worth it?

Kiwis enjoy a high quality of life for a relatively low cost of living. Housing and rent prices are much lower than in places like London or New York, even if you live in the city center of Auckland or Wellington. … Imported food and goods, for example, can come with a hefty price tag.

What is the highest paying job in NZ?

The 11 Highest Paying Jobs in New ZealandCivil Engineer. Civil engineers design, plan and oversee the building of bridges, roads and water supply systems. … Quantity Surveyor. … Software Developer/Programmer. … General Practitioner. … Physiotherapist. … Veterinarian. … Nurse. … Radiographer (Medical Radiation Technologist)More items…•

How much does a builder earn a year NZ?

A mid-career Builder with 5-9 years of experience earns an average total compensation of NZ$26.74 based on 383 salaries. An experienced Builder with 10-19 years of experience earns an average total compensation of NZ$30.73 based on 237 salaries.

Can a foreigner buy a house in New Zealand?

You can buy residential land wherever in the world you happen to be as long as you meet one of the following criteria: You are a New Zealand citizen or. You have been a permanent resident for at least a year, have been in New Zealand for at least 183 days of the last year and you’re a NZ tax resident.

Is moving to New Zealand a good idea?

Just as New Zealand is incredibly popular among travellers, it is a highly desirable expat destination. Many people, from Australia and beyond, come across to its shores seeking out the good life. Here are some of the main draws that entice people to move to this island nation.

Why is rent so high in New Zealand?

The rise has been blamed on a lack of available housing, as well as landlords passing the cost of the Healthy Homes Standards on to renters. The Property Investors’ Federation said statistics showed that over the past year, rents increased nationally by an average of 3.9 percent – 2 percent higher than inflation.

What is considered low income in New Zealand?

‘Low-wage economy’: What you need to earn to be an above-average earner in NZ. New Zealand workers need to earn more than $52,100 before tax each year to be considered an above-average earner. In a relatively low-wage earning society, full-time workers earning $1000 a week can think of themselves.

What is a good salary in NZ?

$171,000The optimal NZ salary is more than three times the average wage – study. A US study has found there’s an optimal earnings point that makes individuals happy. In New Zealand that “optimal” salary is $171,000, according to research from Purdue University in West Lafayette.

What is the cheapest place to live in New Zealand?

To let you in on where those bargains are, today we’re running through five places to find the cheapest homes in New Zealand.1 – Whanganui, North Island. … 2 – Greymouth, West Coast, South Island. … 3 – Gisborne, North Island. … 4 – Invercargill, South Island. … 5 – Taranaki, North Island.

What is considered wealthy in NZ?

Stats NZ data shows that to be in the top 1 per cent on an individual level in New Zealand, you need to have assets of $3.89 million. To be in the top 5 per cent, you need to clear $1.4m. On a household level, you get to 1 per cent with combined assets of $7.8 million. A top 5 per cent household needs $2.83m.

What are the bad things about living in New Zealand?

(Kind of) Bad Things About New ZealandHole in the Ozone Layer. You will burn here. … No Screens on Windows. … No Air Conditioning. … Road Rage. … Rough Roads. … Highest Teen Suicide Rate. … High Incarceration Rate. … Highest Housing Cost in the Western World.More items…•

Can I emigrate to NZ at 60?

If you want to live in New Zealand long term, but don’t have an adult child who is a New Zealand citizen or resident, have already reached the age limit of the Skilled Migrant Category (56 years), or do not want to consider finding a job until you reach your retirement age, you might still be able to apply for a visa.

What is the average wage in NZ?

In the year to the June 2019 quarter: median hourly earnings from wages and salaries increased $0.50 (2.0 percent), to $25.50. gender pay gap was 9.3 percent. median weekly income from wages and salaries was $1,016….Hourly wage and salary earnings rise 2.0 percent annually.YearMenWomen20193.33.220 more rows•Aug 20, 2019