A Guide on Cost of Living in New Zealand 2024

New Zealand is a great option for Indian students who are looking for a high-quality education at an affordable price. The country has a well-established education system that is recognised around the world, providing a wide range of programs across different fields. 

Additionally, New Zealand is known for being a safe and welcoming country, with a low crime rate and friendly people. The country’s divergent culture also makes it a great place for Indian students who want to experience a different way of life and learn from people from different backgrounds. 

Moreover, international students who complete their studies in New Zealand are eligible for a post-study work visa, which allows them to work in the country for up to three years, providing them with valuable work experience and helping them to establish themselves in their chosen field. 

In this article, we will explore the cost of living in New Zealand in 2024 for Indian students, including accommodation options, transportation, food, and other expenses. 

We will also provide some tips on how to manage your budget effectively and make the most of your time in this beautiful country. So, whether you are planning to study in New Zealand or simply interested in learning more about this fascinating country, read on to discover what it has to offer. 

Here are the blog highlights:

Parameters (per month)	Costs in NZD	Costs in INR
Average Cost Of Living (without rent)	1700	84K
Average Rent In City Centre	1900	92K
Basic Utilities Cost	230	11K
Average Net Salary after tax	5000	2.4L
Average Tuition Fee	22,000-32,000	10L-15L
Top Universities	-University of Auckland -University of Otago -Massey University
Scholarships	–New Zealand Commonwealth scholarships -New Zealand Excellence Awards (NZEA)

Why choose New Zealand?

Here’s why New Zealand could be a perfect fit for your study-abroad adventure:

• New Zealand provides an excellent education system that is recognised worldwide and offers a wide range of programs across different fields.
• The country is a safe and welcoming place with a low crime rate and friendly people.
• New Zealand’s multicultural environment makes it an ideal place for Indian students to explore different cultures and ways of life.
• International students who complete their studies in New Zealand are eligible for a post-study work visa, which allows them to gain valuable work experience and establish themselves in their chosen field.
• The cost of living in New Zealand is affordable for Indian students, and the country provides various accommodation options to suit their needs.
• The country offers an enjoyable and relaxed lifestyle, abundant natural beauty, and a range of outdoor activities for Indian students to enjoy.
• New Zealand has a high standard of living that is comparable to other developed countries, making it a great place for Indian students to pursue their career aspirations.
• The country provides various scholarship options for Indian students to help them fund their education and living expenses.

Also Read

• Cost of Living in Australia
• Cost of living in Ireland
• Cost of living in the Netherlands
• Cost of living in South Korea

Cost of living in New Zealand for International Students

Understanding the cost of living in a foreign country is very important, especially for international students on a tight budget. It’s essential to manage your finances and create a budget in advance to ensure you have enough money to cover your expenses. 

To do this, you need to research the cost of living in the country, including accommodation, food, transportation, and other essential expenses. This will help you create a realistic budget and avoid financial difficulties. 

Note: It’s worth mentioning that all modes of public transportation in New Zealand, such as buses, trains, trams, and funicular railways, are free for everyone, including international students, tourists, and cross-border commuters.

Below is a table of the monthly cost of living in New Zealand which can help you better plan your finances. 

Parameters	Costs in NZD	Costs in INR
Average Basic Utility Cost	230	11K
Mobile Phone Monthly Plan Costs	62	3K
Internet Plan Costs	87	4.3K
Average Monthly Pass	230	10K
Average Food Cost	600-800	30K-40K
Healthcare costs	348	17K
Average Rent In New Zealand City Centre	1900	92K
Average On-Campus Rent	500-1000	24K-50K

City-wise Cost Of Living in New Zealand

When considering living in New Zealand, it’s important to note that the cost of living can also vary significantly between cities. Knowing the costs of different cities can help you decide where to live and plan your budget accordingly. 

For instance, Auckland, the largest city in New Zealand, tends to be more expensive than other cities, whereas cities like Hamilton and Wellington have a lower cost of living. Researching and comparing the cost of living in different cities is essential to determine which suits your budget and lifestyle in New Zealand.

Here’s a table of the average costs of living in some popular cities in New Zealand:

Cities	Other costs (without rent)	Average Rent per month
Auckland	NZD 1800 (INR 90K)	NZD 2215 (INR 1L)
Wellington	NZD 1900 (INR 92K)	NZD 2500 (INR 1.2L)
Christchurch	NZD 1584 (INR 78K)	NZD 2300 (INR 11K)
Hamilton	NZD 1582 (INR 78K)	NZD 1600 (INR 80K)

Top 4 Universities In New Zealand

New Zealand boasts a well-regarded university system offering a diverse range of educational opportunities for domestic and international students. Eight universities are recognised by the Ministry of Education, each with a unique character and area of strength.

These universities are geographically spread across both the North and South Islands, with institutions located in major cities like Auckland, Wellington, and Christchurch, as well as smaller towns. This distribution allows students to choose a study environment that aligns with their preferences, whether a vibrant urban centre or a picturesque regional setting.

New Zealand universities emphasise research and innovation, fostering a strong connection between theoretical knowledge and practical application. They are consistently ranked highly in international comparisons, attracting talented faculty and students worldwide.

Here is a table of the top 5 universities in New Zealand:

Universities	Average Fees in NZD	Average Fees in INR
University of Auckland	$30,000-$80,000	INR 14L to 39L
University of Otago	$39,000-$80,000	INR 19L to 39L
Massey University	$35,000-$75,000	INR 17L to 37L
Victoria University of Wellington	$31,000-$50,000	INR 15L to  24L
University of Waikato	$29,000-$65,000	INR 14L to 32L

Top 10 Courses To Study In New Zealand

New Zealand offers a diverse range of study programs for international students, including undergraduate degrees, postgraduate studies, and vocational training courses.

Universities in New Zealand offer bachelor’s degrees that typically span over three to four years, master’s degrees that can be completed in one to two years, and doctoral degrees that take three to four years to complete. 

There are also diploma and certificate programs offered at polytechnic institutes and private colleges that are more career-focused and of shorter duration. 

New Zealand’s education system is highly regarded worldwide, and its universities are consistently ranked among the best globally. The qualifications acquired from New Zealand institutions are recognised by employers and universities worldwide. 

Tuition fees for international students in New Zealand are dependent on the institution and level of study, but they are generally more affordable when compared to other popular study destinations like the United States and the United Kingdom. 

Popular fields of study in New Zealand include business, information technology, engineering, Architecture, and tourism, all of which offer excellent job prospects. Additionally, New Zealand offers unique programs like Maori language and culture, viticulture and winemaking, and adventure tourism, which are not readily available elsewhere.

Here is a list of the top 10 courses to study in New Zealand:

1. Artificial Intelligence
2. Architecture
3. Civil Engineering
4. Interior Design
5. Business Administration
6. Hotel Management
7. Accounting
8. Sports Management
9. Information Technology
10. Cloud Computing

Scholarships to Reduce Cost of Living in New Zealand

International students pursuing higher education in New Zealand can apply for various scholarships designed to mitigate the financial burden associated with living expenses. Various entities offer these scholarships, including the New Zealand government, prestigious universities within the emirate, and private organisations committed to educational advancement. Scholarship awards include tuition fees, accommodation, and other essential living expenses.

Given the competitive nature of scholarship opportunities, it is highly recommended that international students submit their applications well before deadlines and ensure the inclusion of all necessary documentation. Selection criteria for scholarships vary, with some prioritising academic excellence while others may emphasise financial need, nationality, or a combination of factors.

By actively pursuing scholarships, international students can significantly reduce their cost of living in New Zealand, allowing them to dedicate their focus to academic pursuits and personal development throughout their educational journey in New Zealand.

Here is the list of available scholarships for International students in New Zealand:

Scholarships	Benefits
New Zealand Commonwealth scholarships	The scholarship covers tuition, accommodation fees, and health insurance for Masters and PhD students. They will also receive NZ$ 491 per week for living expenses, along with a setup cost and establishment allowance of NZ$ 3,000.
New Zealand Excellence Awards (NZEA)	Education New Zealand and New Zealand universities fund scholarships for international students. 28 scholarships are available for postgraduate programs, while three are allotted for undergraduates. The amount awarded is NZ$ 5,000 for PG and NZ$ 10,000 for UG.
SEG Scholarship	This scholarship is sponsored by the Soshi Educational Group and is available to students who are studying geophysics and geosciences. The scholarship provides an annual award of NZ$ 3,000 to selected candidates.
University of Melbourne International Undergraduate Scholarship	There are three options for tuition fee remission for undergraduate degrees. The first is AUD 10,000 or INR 5.5 Lakhs for the first year of the degree. Second, a 50% tuition fee remission for the entire three-year duration of the undergraduate degree.Thirdly, a 100% tuition fee remission for the entire three-year duration of the undergraduate degree.
New Zealand Excellence Awards 2024	This scholarship provides a bundle amounting to NZ$ 320,000.

Also Read: 

• Cost of Living in Canada
• Cost of Living in the USA
• Cost of Living in the UK
• Cost of Living in Dubai

How To Reduce Cost Of Living In New Zealand?

Here are some recommendations to lessen your cost of living in New Zealand as an Indian student:

• Craft a Comprehensive Budget: Establish a realistic budget outlining your income and anticipated expenditures. Categorise essential costs like housing, utilities, and groceries. Allocate remaining funds efficiently, and prioritize needs over wants.
  
• Embrace Cost-Effective Accommodation: Explore alternatives to high-rent areas. Consider shared flats, homestays, or smaller abodes outside city centres. Research government housing assistance programs if eligible.
  
• Negotiate Rent and Bills: When possible, engage in respectful negotiation with landlords or service providers regarding rent or utility charges. Explore bundled service packages for potential savings.
  
• Become a Savvy Shopper: Prioritise grocery shopping at discount supermarkets or local farmer’s markets. Utilise loyalty programs and discount apps to maximise value. Plan meals to minimise food waste.
  
• Embrace Public Transportation or Active Commutes: Utilise efficient public transportation networks like buses or trains for cost-effective commuting. Consider cycling or walking for shorter distances to save on transportation expenses and improve health.
  
• Reassess Utility Consumption: Implement measures to reduce energy and water usage. Utilise energy-efficient appliances, practice responsible lighting habits and take shorter showers.
  
• Review and Renegotiate Subscriptions: Evaluate recurring subscriptions for entertainment, phone plans, or internet access. Research alternative providers or negotiate better rates with existing ones if possible.
  
• Embrace DIY Solutions: Consider learning basic maintenance or repair skills for simple household tasks. Explore free online tutorials or community workshops to empower yourself and minimise reliance on professional services.
  
• Seek Out Free Entertainment: New Zealand boasts stunning natural landscapes and communities. Explore free recreational activities like hiking, swimming at public beaches, or attending free cultural events.
  
• Embrace Flatmates or Co-living Arrangements: Sharing accommodation with responsible flatmates can significantly reduce housing costs. This can be particularly beneficial in larger cities with high rental demands.
  

By implementing these strategies, you can effectively manage your cost of living in New Zealand and enjoy a fulfilling life without financial strain. Remember, a combination of these tactics will likely yield the most significant cost reductions.

Cost of living in New Zealand vs. India

If you’re thinking of relocating from India to New Zealand, it’s important to note that there will be significant differences in culture, lifestyle, and cost of living. New Zealand has its own distinct culture and customs that may take some time to get used to. Furthermore, compared to India, living expenses in New Zealand are generally higher, which may necessitate some financial planning and adjustments. Conversely, India is known for its reasonable cost of living.

This difference is primarily due to various factors, such as currency exchange rates, average salaries, and the cost of goods and services. 

Understanding these variations can help you plan your finances better and make an informed decision before moving to New Zealand.

Here is a table that compares the monthly cost of living in New Zealand and India.

Parameters	Costs of living in New Zealand	Costs of living in India
Average Cost Of Living (without rent)	NZD 1700 (INR 84K)	24K
Average Transportation Cost (Monthly Pass)	NZD 200 (INR 10K)	INR 1000K
Average Basic Utility Cost	NZD 230 (INR 11K)	INR 3500
Mobile Phone Monthly Plan Costs	NZD 62 (INR 3K)	INR 315
Internet Plan Costs	NZD 87 (INR 4.3K)	INR 700
Average Food Cost	NZD 600-800 (INR 30K-40K)	INR 3000-5000
Healthcare costs	NZD 348 (INR 17K)	INR 500-1000
Average Rent In New Zealand City Centre	NZD 1900 (INR 92K)	INR 17K
Average Tuition Fees	NZD 22,000-32,000 (INR 10L-15L)	INR 1L to 8L

Summing Up

New Zealand can be an excellent option for Indian students seeking high-quality education at affordable prices. The country has a well-established education system that offers multiple programs across various fields. 

Additionally, International students who complete their studies in New Zealand are eligible for a post-study work visa, providing them with valuable job opportunities and work experience and helping them establish themselves in their chosen field. 

In this article, we explored the cost of living in New Zealand in 2024 for Indian students, including accommodation options, transportation, food, and other expenses. We also provided tips on managing budgets effectively and making the most of your time in this beautiful country.

LeapScholar is dedicated to empowering international students throughout their educational journey. We provide comprehensive guidance and support services, encompassing everything from navigating the application process to securing visas.

And if you’re considering other options like the UK, USA and Australia, we’ve got you covered, too. Schedule a free consultation with our experts today for personalised guidance and advice.

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