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Home » Australasia » What is a livable salary in New Zealand?

What is a livable salary in New Zealand?

December 14, 2021 by Bo Lang

The current 2020/2021 Living Wage is $22.10, which will increase to $22.75 on 1 September 2021. The first Living Wage campaign was launched in 2012 in Auckland and in Wellington followed by other local networks around the country.

Contents

What is considered a good salary in NZ?

2020 median pay and pay ranges by job category

Job category Median pay Pay range
Retail $48,000 $40,000 to $65,000
Sales $65,000 $42,000 to $115,000
Science and technology $65,000 $42,000 to $115,000
Trades and services $55,000 $40,000 to $85,000

How much do you need to earn to live comfortably in New Zealand?

Minimum wage is about $15, or $30,000 a year. Four times that is more than enough to live a comfortable life. Average wage is $48k, so nearly three times the average is a comfortable salary. Yes, 120K is a good salary in New Zealand.

What is a good salary in New Zealand 2020?

New Zealand wages vary greatly by industry and we also record regional variations: as a guideline, salaries are higher where the cost of living and housing is dearer. The median income in New Zealand is just under NZ$27 per hour as of mid-2021 (NZD$56,160 per annum based on a 40-hour week).

Is 100k good salary in NZ?

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.

What are the disadvantages of living in New Zealand?

Cons of Living in New Zealand

  • Everything Costs More in New Zealand.
  • It’s Far From Everywhere for Travel.
  • Their Houses Aren’t Well Built.
  • Public Transport is Extremely Limited.
  • It’s Difficult to Find Work.
  • Cost of Living is High.
  • Earthquakes are a Reality.
  • While New Zealand is Hugely Multi-Cultural, They Can Also Be Racist.
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What is considered a comfortable salary?

The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.

What jobs pay well in NZ?

15 Best highest paying jobs in NZ

S No Jobs Salary Range
1 Information Technology Manager NZ$107,000 – $150,000 per year
2 Building and Construction Manager NZ$95,000 – $170,000 per year
3 Information Technology Architect NZ$112,000 – $155,000 per year
4 Marketing Manager NZ$80,000 – $200,000 per year

Is it cheaper to live in Australia or New Zealand?

New Zealand has a lower cost of living than Australia. You’ll likely pay less for everything there. The cost of living in each country is an average set of data. It varies from city to city.

Is living in New Zealand expensive?

New Zealand is one of the best countries to live in. The average cost of living in New Zealand is quite expensive. A family of four spends around 6,000 NZD to 8,000 NZD per month.

What is considered middle class NZ?

Kharas defines the middle class as people who have enough money to cover basics needs, such as food, clothing and shelter, and still have enough left over for a few luxuries, such as fancy food, a television, a motorbike, home improvements or higher education.

What is the average house price in NZ?

New Zealand’s average house value cracked $1 million for the first time in the three months to the end of October, new data from Quotable Value (QV) shows. Nationwide, prices rose 5.3 per cent over the quarter to an average of $1,002,153, up 27 per cent from the same time a year earlier.

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Is New Zealand richer than Australia?

Australians are a third richer than New Zealanders. Per capita GDP (adjusted for purchasing power parity) is NZ$48,000 in Australia compared to just NZ$36,400 in New Zealand. This difference is remarkable given that the two countries enjoyed the same level of income for most of the twentieth century.

What is upper class 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.

What is the average wage in NZ 2020?

Median hourly earnings from wages and salaries increased by $0.76 (2.8 percent) to $27.76 from the June 2020 quarter. By sex: men – up $0.74 (2.6 percent) to $29.00. women – up $0.80 (3.1 percent) to $26.37.

What is a good monthly salary?

How much does an Average make? While ZipRecruiter is seeing monthly salaries as high as $11,333 and as low as $1,708, the majority of Average salaries currently range between $4,125 (25th percentile) to $6,167 (75th percentile) across the United States.

What is bad about 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.

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Does NZ have free healthcare?

Healthcare in New Zealand is a mixture of free services and subsidised services (where you pay a fee to cover some of the costs). For example: most hospital visits and visits to the family General Practitioner (GP) for children aged under 13 are free.

What jobs are in high demand in New Zealand?

The upheavals we’ve seen in the job market this year have impacted which industries have the most demand for new workers.
Top 20 most-needed jobs in New Zealand.

Most-needed jobs Current rank Change since Feb
Nursing-All roles 1 +4
Administrative Assistants 2 -1
Warehousing, Storage & Distribution 3 0
Developers / Programmers 4 0

What is a good salary in 2021?

What is a good salary in 2021? The weekly median earnings for full-time wage or salary workers in the United States in the second quarter of 2021 amounted to $990. It translates to a yearly income of approximately $51,480.

Is 92k a good salary?

While a $90,000 salary may not go as far in big cities like New York, it’s still far more than most Americans make.A 2018 study by the Economic Policy Institute found that people who make just slightly more than six figures, $118,400, made more than 90% to 95% of earners in the U.S.

Filed Under: Australasia

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About Bo Lang

Bo Lang loves exploring the world. A self-proclaimed "adventurer," Bo has spent his life traveling to new and exciting places. He's climbed mountains, explored jungles, and sailed across the ocean. He's even eaten the beating heart of a king cobra!

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