New Zealand
What is the average cost of housing in New Zealand?
If you are thinking about moving to New Zealand, cost of living in probably a key consideration. Expats commented about the cost of housing...
"The housing costs are hard to guage against what we were use to in the USA...or elswhere. Kiwi houses are not as well insulated, nor heated as in the USA. Construction standards/techniques are different but the more modern house (less than 15 years old) are as good as anywhere in the world. We live in an exceptionally beautiful area and there is no way we could ever afford to buy a similar house in say California at 5 times the price. An average, well constructed, 3-4 bedroom house in our community costs about US$125,00," mentioned another expat when asked about moving to Warkworth, New Zealand.
"The average cost of housing in New Zealand is generally quite high, with prices varying depending on the location and type of property. Generally, the cost of buying a house in New Zealand is significantly higher than renting, with the median house price in the country currently sitting at around NZ$650,000. Renting is more affordable, with the median weekly rent for a three-bedroom house in New Zealand currently sitting at around NZ$450," commented one expat who made the move to New Zealand.
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What is the average cost of housing in New Zealand?
If you live in New Zealand, newcomers to New Zealand would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.