I've created this cost of living calculator to help you to understand what your living expenses
will be when you live in New Zealand, and how much you will need to earn to achieve that.
Suggestions, particularly from those living in NZ, are very welcome.
First time here ? Look at the information section
first ! These calculators should now work perfectly in Internet Explorer 6.0 &
Mozilla based browsers.
This cost of shopping calculator should help you to work out how much you will spend on shopping, which can be put into the cost of living calculator.
The quantities are for a family of two adults and two small children ie what we
buy. Suggestions, particularly from those living in NZ, will be very welcome.
I suggest you play around with all the buttons to see what they do before you
do a lot of work.
For a quick go, click on 'low', 'med' or 'high' to set all the numbers. Then
click 'clear' on either the mortgage or rent line or you'll be paying for both.
Note also that water & rates are probably included in the rent.
Then click on 'calculate total'. You can see what net & gross income you will
need to cover your expenses.
For a quick go, click on 'low', 'med' or 'high' to set all the numbers and then click 'calculate total'.
The quick buttons are for a mortgage over 25 years @ 8.5% pa.
Low is for a $90,000 mortgage costing $8688/year, med is for a $180,000 mortgage
costing $17388/year, and high is for a $360,00 mortgage costing $34788/year.
All properties get a Uniform Annual Charge (UAGC) of $115 per year
(2004/2005).
Christchurch UAGC info
Rates are usually included in the rent.
The cost of water is usually included in the rent.
The quick buttons are just for lighting, appliances & cooking. It doesn't
include heating.
Current estimate (Thanks Mutz): $100 to $150 per month -> $1200 to $1800 per
year.
Cost per unit = $0.14 to $0.19 / kW hour including GST
Line charges are: $0.056 to $0.07.84 / kW hour including GST
Total charge = $19.6 to $26.84 / kW hour including GST
Information from:
http://www.med.govt.nz/ers/inf_disc/pricing-reports/report/report-01.html
JetStream charge $112.48/month = $1350/year + calls. I need some numbers guys
! Low usage, dial-up & broadband
The quick buttons are for (not sure about these numbers yet !)
Packages range from: $39.95 to $64.90 per month if you use Telecom for
calling (plus 'extras' !)
Information from: http://www.telecom.co.nz
Top broadband package & telephone cost totals $112.04/month ($1344.48/year),
consisting of:
A Sky full package is about $72/month, the maximum about $112/month
Unleaded is about $1.21/L & premium about $1.28/L
Diesel is about $0.89/L plus pollution charge of ?
The quick buttons are based on replacing your car every 3 years. So spending between $1500 & $9000 on the upgrade.
Eyes tests are about $45, and glasses about $200. So 1x test & new pair of
glasses every 2 years would cost $123/year per person.
Low = no tests/glasses, Med = 2x adults, high = 2x adults & 2x kids.
The gross income is calculated using the following income tax rules:
Gross income/year from $0 to $38k @ 19.5%, income above $38k up to $60k @ 33%,
income above $60k @ 39%.
A huge amount of statistical information is available from
Statistics NZ - Housing Expenditure Standard Tables to 2001.xls
Income statistics up to June 2004 is available at
Statistics NZ New Zealand Income Survey
The consumer price index to June 2004 is available from
Statistics NZ Consumer Price Index
Many of the prices I've got from
Woolworths
If you'd like to contribute to this information, you need help with it, or you'd like to discuss it, please visit my NeuralNetWriter Forum We've a friendly group of people from all around the world, all with one desire. To get to, or carry on living in, New Zealand.
To contact me, either visit my forum & guest book, or email me at the address below:
