Quick Answer: Why New Zealand Is So Expensive?

Why is food so expensive in New Zealand?

New Zealand has very little local competition in a number of key industries, and it’s hard/expensive for overseas suppliers to enter the market and compete.

As a result, we pay huge amounts for a lot of basic goods.

GST (Goods and Services Tax) is charged on food in New Zealand..

Why are flights to New Zealand so expensive?

Some fares at present are expensive as it is a competitive time of the year travelling in and around NZ. However, if one books in advance and gets the cheap seats, airfares within NZ can be quite low and even cheaper than bus or train. … So, it is wise to shop around and book in advance if you want to travel on Air NZ.

Is NZ more expensive than Australia?

The cost of living in Australia is generally lower than in New Zealand, but it is still high compared to home, with everything from restaurants and groceries to petrol costing more. You should also expect to spend about 30 per cent of your wage on renting, with housing prices surprisingly steep in the cities.

What is the cheapest month to fly to New Zealand?

JanuaryTop tips for finding cheap flights to New Zealand. High season is considered to be January, February and December. The cheapest month to fly to New Zealand is January.

What is the best month to go to New Zealand?

What time of year is best to visit New Zealand? In short, you’ll have the best chance of comfortable weather and fewer crowds in early spring (September – October) and in autumn (March – May).

Can I move to New Zealand?

You can live and work in New Zealand indefinitely as a Permanent Resident — you don’t need to become a New Zealand Citizen. As a Permanent Resident, you also have many of the same rights as a New Zealand Citizen.

Why are things so expensive in New Zealand?

So why are things just as expensive, or more so, in New Zealand? NZ is a remote, relatively small market, so imported goods especially may be more costly. … There is much ongoing debate in New Zealand as to why incomes in New Zealand aren’t that high, even when compared to a local economy such as Australia.

Is New Zealand very expensive?

The majority of expats will head to New Zealand’s main cities of Auckland, Wellington and Christchurch, with Auckland being significantly more expensive. Buying a home in New Zealand can take as little as three to four weeks. … On average a two bedroom apartment in the city will cost around $350–$500 per week.

Can foreigner buy house in New Zealand?

Can foreigners buy property in New Zealand? There are restrictions on buying property in New Zealand as a foreigner. … For example, as an Australian citizen, you’ll be able to buy an apartment in New Zealand without any special permissions.

How much is rent in NZ?

Rental costs As in every country, the cost of rent depends on the quality, location and size of the property. In August 2018, TradeMeProperty reported that the national median weekly rent for a small house (1 to 2 bedrooms) was NZ$390 a week, and NZ$525 for 2 to 4 bedrooms.

How far in advance should I book a flight to New Zealand?

29 weeksOur analysis shows that November is the cheapest month to head overseas. Travelling in that month could save you as much as 8% when compared to the average price paid. To increase your chances of landing the best possible deal, aim to purchase your flight 29 weeks in advance of your departure date.

How can I get New Zealand citizenship?

To apply for citizenship, you must have been a resident for at least 5 years, and only travelled out of New Zealand for a short amount of time each year. You must therefore have been present in New Zealand with a Resident visa for a total of at least 1,350 days and for at least 240 days in each of those 5 years.