Quick Answer: How Much Do You Need To Earn To Live Comfortably In New Zealand?

What is considered rich 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..

Is NZ a poor country?

Fact 1: There is poverty in the midst of prosperity in Aotearoa New Zealand. There is poverty amidst prosperity: There are around 682,500 people in poverty in this country or one in seven households, including around 220,000 children.

Is healthcare free in New Zealand?

New Zealand residents and some work visa holders benefit from a public health system that is free or low cost, thanks to heavy government subsidies. … Non-residents can also use healthcare services at a cost, but should get medical insurance from their home country.

Can you buy citizenship in New Zealand?

Many people don’t know this – but it is possible to buy citizenship in numerous countries across the world including New Zealand. … an investment of at least NZ $3 million over a 4 year period or. NZ $10 million over a 10 year period.

Can I move to New Zealand without a job?

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. … For all other visa types, see immigration.govt.nz.

Is 100k a good salary in New Zealand?

Because the cost of living varies throughout New Zealand, the definition of a high income also varies. $100,000 will not go far in Auckland or central Otago, for example, but could be considered plenty in an area like Southland. On top of this, income tax will also take a chunk out of your 100k salary.

Which city in New Zealand has the highest crime rate?

AucklandNew Zealand’s rates of violence are very low compared to elsewhere in the world. However, it’s always a good idea to go in the know. While Auckland on the North Island carries the most crime, it’s still far more infrequent than other major cities worldwide.

What is the most dangerous city in New Zealand?

Some of the most violent areas were Wellington City, including the hotbed from Willis St to Cambridge Terrace, which had 4312 cases. Auckland Central had 3485, Hamilton City had 6063, and Counties-Manukau West had 5886, while the Canterbury Metro Area (Christchurch) had 10,417.

Is moving to New Zealand a good idea?

The quality of life in New Zealand really is very good compared to many other countries and the pace is relatively relaxed. New Zealanders have a strong work ethic but also believe in having a good work life balance. Even in our biggest cities, you are never too far from a beach, bike trail, or national park.

What are the pros and cons of living in New Zealand?

Pros of Living in New ZealandLow Cost of Living. Kiwis enjoy the great combination of a relatively low cost of living and a high quality of life. … Vast, Untouched Wilderness Areas. … Lots of Rights for Expats. … High-quality Healthcare. … Top-notch Education. … Great Food. … Far From Everything. … Expensive Imports.More items…•

What is a good salary in New Zealand?

Average wage is $48k, so nearly three times the average is a comfortable salary. Yes, 120K is a good salary in New Zealand. The average salary is around $75K p.a. However, the main cities are expensive, especially housing in Auckland.

What are the negatives of living in 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 70000 a good salary in New Zealand?

Almost half of Auckland households earning between $70,000 and $100,000 a year say they are just able to make ends meet. Commentators said what would count as “wealthy” in New Zealand in 2019 was subjective.

What is the highest paying job in NZ?

Top 10 Highest-Paying Jobs in New ZealandReal estate agent.Accountant. … Oil and gas engineer. … Investment banker. Average salary: NZ$117,200 ($79,600) … Construction manager. Average salary: NZ$114,930 ($78,060) … Software engineer. Average salary: NZ$112,600 ($76,470) … Management consultant. Average salary: NZ$111,490 ($75,720) … Lawyer. Average salary: NZ$111,440 ($75,680) … More items…•

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 jobs are in demand 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 is the average monthly power bill in NZ?

Average Power Bill in New ZealandAucklandWellingtonContact Energy$2,121$2,211Electric Kiwi$2,072$2,063Energy Online$2,169$2,301Average$2,205$2,24511 more rows

Does New Zealand pay you to move there?

New Zealand town: Sorry, reports that we will pay you $165K to relocate here are wrong. NEW ZEALAND – It sounds too good to be true, and apparently it was. It was reported last week that, in an effort to boost the economy, the town of Kaitangata was paying people nearly $165,000 each to move there.

How much money do you need to survive in New Zealand?

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.

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 salary do you need to live in Auckland?

The Living Wage rate is voluntary and is currently $22.10 per hour and accredited Living Wage Employers must implement it by September 1, 2020. The first Living Wage campaign was launched in 2012 in Auckland and in Wellington followed by other local networks around the country.