a good salary in new zealand

dieter · Posted: Wed Nov 26, 2003 5:46 am Post subject: a good salary in new zealand

could someone tell me please what is thought as a good salary in new zealand for a very pleasant life and what is thought as enough to survive? thanks.

andy · Posted: Wed Nov 26, 2003 6:00 am Post subject:

Minimum wage is about $8 something. I think the going rate for a manual unskilled job is $12-$16ph. If you work in the city in an office you can get $20 or if you are a tradesman a salary of $20 is about average. Over $20 will make you comfortable depending on the size of your mortgage and if you are a 2 person income or one.

karltsmith · Posted: Wed Nov 26, 2003 9:48 pm Post subject:

Briefly:

Manual work NZ$25-30K, Skilled Manual / Junior Professional NZ$ 35-40K, Tertiary Qualified Professionals/Middle Management NZ$50-60K, Senior Management NZ$70-80K, Senior Executives/MD's NZ$100K +. Very rough guidlines only and VERY industry and location dependent! A good salary would be regarded as $60K for a nice lifestyle in Auckland which will get you a mortgage of around NZ$300K, but you can live on a lot less if you avoid Auckland. Hope this helps and I've got my facts right! Good Luck

ENZ · Posted: Sat Dec 13, 2003 9:12 am Post subject:

Migrants to NZ generally do not come to make their fortune. Most come for non-financial reasons. Most migrants from Europe or the USA expect to make less money in NZ than their home countries. Having said that, it is still important to know the standard of living your NZ salary will provide you with.

To figure out your financial well-being in NZ, a very, very rough rule of thumb for Brits is to take your UK income - say £20,000 - and double it in NZ dollars to $40,000. If you can earn in NZ dollars double your UK salary, you should have very roughly the same financial standard of living.

I should emphasise that the effects of regional house price variation and varying interest rates on mortgages can play havoc with this rough guide. For example, if you move from London earning £20,000 pa to Christchurch earning $40,000 you should feel considerably better off financially. If you move from Northern Britain earning £20,000 to the more affluent suburbs of Auckland earning $40,000 you will probably feel worse off financially.

It is also worth bearing in mind when making comparisons that the average house in the UK is a semi or a terraced house while the average house in NZ is detached.