New Zealand Home Pacific New Zealand Regional Statistics Cost of Living in New Zealand More NZ × New Zealand Regional Statistics Square Meter Prices Rental Yields Rents Price/Rent Ratio Price/GDP per Cap Buy/Sell Costs Rental Income Tax Price Change 1 yr Price Change 5 yrs Price Change 10 yrs GDP Per Capita GDP/Cap Growth 1 yr GDP/Cap Growth 5 yrs Economic Freedom Ec. Freedom 5 yrs Competitiveness Property Rights Index Currency +/- Value Taxes on Residents Financial Overview Overview House Prices Market in Depth Rental Yields Income Tax et al Tax Example Taxes if Resident Buying Guide Landlord and Tenant Property Inheritance Country Statistics Property Investments Where to Buy Survey of New Zealand Auckland Canterbury Marlborough Wellington West Coast Key Contacts Accountants Lawyers Real Estate Agents Mortgages Currency +/- Value in New Zealand compared to Pacific Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank Click name of country for detailed information Australia $ 1.13 New Zealand $ 1.08 Palau $ 1.07 Marshall Is. $ 1.06 Vanuatu $ 1.06 Solomon Is. $ 0.97 Tuvalu $ 0.96 Micronesia $ 0.95 Kiribati $ 0.83 Samoa $ 0.75 Tonga $ 0.74 Nauru $ 0.72 PNG $ 0.71 Fiji $ 0.58 New Zealand: Currency +/- valuation index This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index). To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available. Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements. These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ ) Source: calculated using figures from the IMF World Economic Outlook Database New Zealand has a quarterly house price index, available from the Reserve Bank of New Zealand. Monthly median house prices are published by the Real Estate Institute of New Zealand (REINZ), which also publishes residential market news. Rental market data are freely available from the Massey University Real Estate Analysis Unit. General economics statistics are from the Reserve Bank of New Zealand.