Cost of Living.

Cost of Living

The cost of living in New Zealand is comparable to those in other countries belonging to the Organisation for Economic Cooperation and Development (OECD). As an international student who comes to live in the country, you should have a clear idea of the living expenses which you will have on a weekly, monthly and annual basis.

Immigration New Zealand requires students to have at least NZ$ 15,000 for covering their cost of living for an academic year. The actual amount of money which you will need will vary depending on the place where you choose to study and on your individual lifestyle. Here is a list of the living costs which you ned to provide for.

Accommodation Cost

The average cost of a single room in a hall of residence is around NZ$ 270 per week on average. It includes meals and the use of the hall's facilities as well.

The national median weekly rent for a 3-bedroom house is NZ$ 340. If you share it with two other flatmates, you will have to pay slightly over NZ$ 113 per week. In addition to the rental rate, you will have to pay utility bills, which include power, gas, telephone and internet bills. You can expect to pay around NZ$15 per week for power and NZ$10 per week for landline phone and internet.

When you rent a property, you will have to pay a tenancy bond, which will be used for covering unpaid rent and property damage repair if the need arises. The maximum bond amount which a landlord can ask for is the amount of rent for four weeks. The maximum amount based on the median weekly rental rate for a 3-bedroom home is NZ$ 1,360. This makes NZ$ 453 per person. This amount is paid in advance, usually upon the signing of the rental agreement.

Food Cost

The average amount of money which an adult in New Zealand spends on food is $100. The cost of food can vary considerably depending on whether you eat meals at the hall of residence, cook on your own or dine out. Consider the average cost of widely used foods. This will give you an idea of the kind of spending which you will have:

• 700 grams of white bread - NZ$ 1.94
• 1 kilogram of lamb chops - NZ$ 12.29
• 2 litres of milk - NZ$ 3.19
• 1 kilogram of apples - NZ$ 2.32
• 1 burger - NZ$ 5
• 1 large pizza - NZ$ 16
• 1 can of carbonated drink - NZ$ 2
• 1 cup of coffee - NZ$ 4

You can readily take advantage of special offers in order to save on food. There are discount deals available from supermarkets, restaurants and cafes. Additionally, you should know that the meals served in the food halls and cafes on campus are usually around 2 times cheaper compared to those in regular restaurants and cafes.

Other Costs

Transport cost - If you choose to use the public transport, you can expect to pay NZ$ 31 per week on average. Student discounts are readily available. If you prefer to drive to and from school using a privately owned vehicle, the average weekly cost will be around NZ$ 41. If you live close to campus, you can go on foot and save.

Clothing and toiletries cost - It has been estimated that the average student in New Zealand spends around NZ$ 13.60 on clothing each week while the average weekly spending on toiletries is NZ$ 8.30.

Leisure activities cost - The average weekly spending on such activities is NZ$ 31.60 per week. A student movie ticket, for instance, costs NZ$ 12 on average. The tickets for major sports events in cities like Auckland start from around NZ$ 15.

Health care cost - A visit to the GP costs NZ$ 36.91 on average. A dental examination costs NZ$ 60 on average.

More information is available at http://www.newzealandnow.govt.nz/living-in-nz.