What is the cost of living in New Zealand vs Australia? (April 2022) 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.
They both offer great outdoors living and spectacular scenery, but smaller New Zealand tends to have a quieter more relaxed lifestyle, while Australia is perhaps more similar to our big cities at home, but with more sunshine.
Research from the Australian Bureau of Statistics shows that across the Tasman the average price is $669,700 AUD. That means Australia's average property price is around $180,000 AUD more than New Zealand's.
The cost of living in New Zealand, for one person in a major city, is between NZ$3,000-NZ$4,000 per month. A family of four can expect to need NZ$5,000-NZ$6,000 per month to live on.
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.
Relocating to Australia is a process a lot of Kiwis do because we automatically get granted a Special Category Visa (SCV) and get to stay close to family and friends while earning more and having a lower cost of living. The SCV will allow New Zealanders to live and work in Australia for as long as they like.
In New Zealand, the average salary is $48,000 per year. In Australia, the average salary is $42,000 per year. This means that, on average, workers in New Zealand earn $6,000 more per year than their counterparts in Australia.
The minimum wage is going up from $20.00 to $21.20 an hour on 1 April 2022. Here's what you need to do. What: The new minimum wage rates, before tax, are: Adult – $21.20 an hour (up from $20.00)
New Zealand has a social security agreement with Australia. Under the Agreement the following benefits and pensions are available to former Australian residents living in New Zealand: age pension. disability support pension (this normally applies if you are severely disabled)
If you are an Australian citizen or permanent resident you can visit, work and live in New Zealand. You do not need a visa before you travel to New Zealand. If you are an Australian permanent resident you will need an NZeTA.
New Zealand was the highest ranked southern hemisphere country in the latest World Happiness Report, sitting two places ahead of Australia.
In recent decades, many New Zealanders have migrated to Australian cities such as Sydney, Brisbane, Melbourne and Perth. New Zealanders in Australia were previously granted permanent residency upon arrival in Australia with, like all permanent residents, immediate access to Australian welfare benefits.
Gold Coast is one of the cheapest places to live in Australia (89th globally). It is known for its high-standard education and academia and its budget-friendly living.
Australia taxes petrol lightly
The goods and services tax charged on top of that in both nations brings the NZ excise to about NZ$0.89 per litre (A$0.83) compared to Australia's A$0.48. If these figures sound low, it's because the price of petrol has soared.
Based on monthly rent expenditure, here is how New Zealand compares to other countries: Between 9% and 13% cheaper than the United States.
A mortgage payment for the median house bought in New Zealand in June 2022 with a 20% deposit and a 5.5% interest rate would be $890 per week. The average rent across the country is $516 per week, leaving an extra $374 for the renter to invest.
Wellington. Wellington, the capital of New Zealand, has been dubbed the safest large city in the country, and consistently ranks among one of the safest cities anywhere in the world.
Both countries have become preferred study destinations for international students globally. While New Zealand offers a great work-life balance, Australia's education system adds to its widely recognised academic reputation. Both countries are unique in their ways.
The overall ranking of Best Countries measure global performance on a variety of metrics. Switzerland is the best country in the world for 2022.