Cost of Living

The cost of living in New Zealand can vary significantly from your home country and depend on various factors, such as the city or region you reside in, your lifestyle choices, accommodation preferences, and personal spending habits. Additionally, economic conditions and exchange rates can also affect the cost of living for individuals coming from different countries.

Upon arriving in New Zealand, you might discover that the cost of living is either higher or lower than your initial expectations. To get an accurate estimate of your potential income and expenses in New Zealand, use online cost-of-living calculators or consult official government sources such as the New Zealand government’s immigration website or the Statistics New Zealand website. Those tool will assist you in determining your expected financial requirements while living in New Zealand.

Numbeo – Cost of Living comparison

Cost of living calculator

New Zealand has achieved an optimal work-life balance, which is one of the reasons why we are renowned for our exceptional quality of life.

According to HSBC’s 2021 Expat Explorer survey, New Zealand was ranked first in the world for future outlook, second for lifestyle, and third as the best overall place for expats to live and work.

In New Zealand, there is a prevailing belief that life is meant to be enjoyed. We prioritise achieving a balance between fulfilling work responsibilities and spending quality time with our loved ones. Additionally, we place great importance on embracing the abundant recreational opportunities and vast open spaces that our country has to offer.

HSBC Expat Explorer League Table

New Zealand cited as the most prosperous non-European country

In the annual Legatum Prosperity Index, New Zealand has been recognized as the most prosperous country outside of Europe. This index stands out as it incorporates measures of both wealth and well-being, providing a comprehensive view of global prosperity. It covers a significant portion of the world’s population (96%) and global GDP (99%), making it a highly reliable tool.

New Zealand has consistently secured a position in the top ten rankings of this index since 2009, demonstrating the enduring strength of its economy and the financial advantages it can offer to individuals considering migration to New Zealand.

Upon closer examination of the results, New Zealand also excels in various aspects. It ranks among the top five for social capital and performs exceptionally well in categories such as governance, investment environment, and natural environment. These findings highlight the country’s robust societal structures, favourable investment climate, and the remarkable natural surroundings it offers.

Prosperity Index