According to global cost of living database Numbeo, grocery prices in Australia are 7.29% higher than in New Zealand. Milk and eggs are cheaper in Australia, but bread and apples cheaper in New Zealand.
Clothing and shoes are also cheaper in New Zealand.
Australia is cheaper to live in than New Zealand
Australia is often called more affordable, but New Zealand comes out on top in certain areas. In Australia, the average rent price is pushed higher by house prices in Sydney and Melbourne. However, New Zealand's average house price is skewed higher because of Auckland.
Australia's average property price is around $180,000 AUD more than New Zealand's. When investing in property, price point is usually one of the most important factors to consider.
The drivability of cities relies on the cost of cars (New Zealand is cheaper than Australia for second-hand vehicles but more expensive for new cars); the cost of running a car (roughly averages out at around $4500 a year in either country) and overcrowding (Australian cities are much busier than Kiwi ones, but their ...
In Australia, 10% GST is not added to most grocery staples, such as fresh fruit and vegetables, milk, bread, spices, cereal, tea and coffee. GST on fresh food in New Zealand accounted for 66% of the price difference.
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.
The next wealthiest jurisdictions were Belgium, New Zealand and Hong Kong. Soaring share and property prices pushed median wealth per Australian adult $US28,450 higher in 2021. The only country whose citizens' fortunes rose by more than that was New Zealand, where median wealth jumped by $US57,920.
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.
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.
Clothing and footwear prices in New Zealand might be more expensive than what you're used to. You can find global clothing brands like Zara, H&M, and Nike in our big cities. Check out the popular clothing stores below to see the prices of clothes and shoes.
This average is based on 6 price points. It can be considered reliable and accurate. Latest update: September 24, 2022.
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.
Australians are the wealthiest people in the world with a typical net worth of almost $US274,000 in 2021, just ahead of Belgium, New Zealand and Hong Kong.
New Zealand was the highest ranked southern hemisphere country in the latest World Happiness Report, sitting two places ahead of Australia.
Bounce Back. Covid-19 swept the entire country for the first time at the start of 2022, triggering a contraction in the first quarter, but the economy bounced back strongly after that. Annual inflation accelerated to 7.3% in the second quarter and eased less than expected to 7.2% in the third.
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.
1. Chicken parmigiana. This classic Aussie chicken dish – with roots in Italian-American cooking – is a staple offering at many pub menus in the country. Whether you call it a parmi/parmy or a parma (but never a parmo), there's huge debate about where does the best parmigiana in Australia.
Migrating to Australia – if you are migrating to Australia the government has put in place an Import permit specific for your situation. As long as you have lived overseas and owned your car for more than 12 months to be eligible under the Personal Import Scheme and you can only import one vehicle every 5 years.
On the whole, New Zealand is a cheaper place to live than most other developed countries. However, there are some areas where it is more expensive (like transportation and groceries) and some areas where it is cheaper (like rent and utilities). If you are looking to save money, New Zealand is a great place to live.
Travel in New Zealand is expensive! A realistic daily budget for New Zealand is 100 euros per person. This does not include flights and is based on average expenses during a trip through New Zealand per campervan.
The prices of food in restaurants in New Zealand will vary significantly, but you can expect to pay anywhere between $NZ15 to $NZ30 for a breakfast in a restaurant and around $NZ40 - $NZ70 per person for dinner, pus drinks.