Cost of living in new zealand compared to uk

New Zealand and the UK are both developed countries with a high standard of living, but the cost of living in New Zealand is generally higher than in the UK. Here are some examples of typical costs in both countries:

Housing:

• Rent:
  • 1-bedroom apartment in Auckland, NZ: NZD $1,500-2,000 (approximately £800-1,100) per month
  • 1-bedroom apartment in London, UK: £1,200-1,800 (approximately NZD $2,400-3,600) per month
• Buying a property:
  • Average house price in Auckland, NZ: NZD $800,000-1,000,000 (approximately £450,000-550,000)
  • Average house price in London, UK: £500,000-700,000 (approximately NZD $1,000,000-1,400,000)

Food:

• Groceries:
  • 1 loaf of bread: NZD $3-4 (approximately £1.50-2) in NZ, £1-2 (approximately NZD $2-4) in the UK
  • 1 liter of milk: NZD $1.50-2 (approximately £0.80-1.20) in NZ, £0.50-1 (approximately NZD $1-2) in the UK
• Eating out:
  • Fast food meal: NZD $10-15 (approximately £5-8) in NZ, £5-10 (approximately NZD $10-20) in the UK
  • Mid-range restaurant meal: NZD $30-50 (approximately £15-25) in NZ, £20-40 (approximately NZD $40-80) in the UK

Transportation:

• Car:
  • New car: NZD $30,000-50,000 (approximately £15,000-25,000) in NZ, £10,000-20,000 (approximately NZD $20,000-40,000) in the UK
  • Fuel: NZD $2-3 per liter (approximately £1-1.50 per liter) in NZ, £1.20-1.50 per liter (approximately NZD $2.40-3) in the UK
• Public transportation:
  • Monthly public transportation pass: NZD $130-200 (approximately £65-100) in NZ, £90-130 (approximately NZD $180-260) in the UK

Other expenses:

• Utilities (electricity, water, gas): NZD $150-300 (approximately £75-150) per month in NZ, £100-200 (approximately NZD $200-400) per month in the UK
• Internet and phone: NZD $50-100 (approximately £25-50) per month in NZ, £30-60 (approximately NZD $60-120) per month in the UK
• Healthcare: NZD $500-1,000 (approximately £250-500) per year for a basic health insurance plan in NZ, £300-600 (approximately NZD $600-1,200) per year for a basic health insurance plan in the UK

Overall, the cost of living in New Zealand is around 20-30% higher than in the UK. However, it's worth noting that salaries in New Zealand are also generally higher than in the UK, so the cost of living can be managed with careful budgeting. Additionally, New Zealand has a more laid-back lifestyle and a strong focus on work-life balance, which can be a significant advantage for many people.