March 29, 2023
Many people want to study, work & live abroad. New Zealand, a beautiful island nation in the southwestern Pacific Ocean, is a popular destination for people looking to move to a new country. The country is known for its breath-taking scenery, friendly people, and excellent quality of life. However, before moving to New Zealand, it’s essential to understand the cost of living and housing options available.
Cost of Living in New Zealand:
New Zealand is known for its breathtaking scenery, unique culture and high quality of life. The cost of living in New Zealand is relatively low compared to other countries, with basic food items such as milk, bread and eggs being cheaper than in most countries. Rent is also generally inexpensive, although rents in bigger cities can be higher compared to other parts of the country. Utilities such as electricity and gas are generally affordable, with prices comparable to developing countries. Overall, New Zealand offers a great quality of life for those looking for an affordable place to live.
Housing Options in New Zealand:
New Zealand offers a wide range of housing options, from apartments in the city to rural homes with acreage. The type of housing you choose will depend on your budget, lifestyle, and location preference.
Apartments:
Apartments are the most common housing option in the cities, and they’re generally more affordable than standalone homes. Renting a one-bedroom apartment in Auckland, for example, can cost between $1,500 to $2,000 per month, depending on the location and quality of the apartment.
Houses:
Stand-alone houses are more expensive than apartments, but they offer more space and privacy. The cost of buying a house in New Zealand varies depending on the location, size, and quality of the home. According to the Real Estate Institute of New Zealand, the national median house price is $850,000.
Rural Homes:
New Zealand has plenty of options if you’re looking for a quieter, more rural lifestyle. Rural homes with acreage are available throughout the country and are generally less expensive than homes in the city. The cost of a rural home will depend on the location and size of the property.
International students have options like student hostels, homestay (living with a New Zealand family in their home), flatting (renting a house or an apartment) on your own or having flat-mates.
Cost of Renting a House or Apartment:
The rent cost in New Zealand largely depends on the location. Rent in New Zealand is calculated weekly. The average rent in New Zealand is approximately NZD 400 a week for a small home (one or two bedrooms) and NZD 530 for a two- or four-bedroom apartment or house. The most expensive city is Auckland, with rent costing between NZD 600 and NZD 850 a week, depending on the size of the accommodation.
Moving to New Zealand can be a great decision, but it’s essential to understand the cost of living and housing options before moving. With proper research and planning, you can find the perfect home in New Zealand that suits your needs and budget.
Get in touch with Immigration Advisors New Zealand Ltd, which provides up-to-date immigration information so you can consider opportunities and prepare yourself for the future. To know all the required procedures, contact us at [emailprotected] or call on +64 09 3790219.
Author Details
Vandana Rai
(LIA 201400900)
Director
Vandana Rai is a Senior Licensed Immigration Adviser and has built a reputation around her rare set of skills, which could be considered ideal for her legal profession.
