LeapScholar

Is my budget of around thirty-five lakhs sufficient for tuition fees and living expenses for study abroad in New Zealand for a Master's?

06 Aug 2026 · Answered by Neelam B · 1 min read
Neelam B
Neelam B Verified
Leap Scholar's Counsellor
View Profile →

Yes, a budget of around ₹35 lakhs is generally sufficient for both tuition fees and living expenses for a one-year master's program in New Zealand.

- Tuition fees: Most master's programs range from NZD 26,000 - 40,000 per year.
- Living expenses: Typical costs are NZD 1,200 - 1,900/month, depending on the city.
- Total annual cost: Usually NZD 42,000 - 60,000, which is about ₹30 lakhs at current exchange rates (subject to change).

Your budget should comfortably cover both tuition and living costs for one year in New Zealand.

More expert answers

Smitha Satish S
Smitha Satish S Verified
Leap Scholar's Counsellor
View Profile →

Yes, your budget of ₹25 - 30 lakhs (about NZD 47,500 - 57,000) is generally enough for tuition fees for most master's programs in New Zealand.

- Tuition fees: NZD 28,000 - 55,000/year (varies by program and university)
- Living expenses: NZD 14,400 - 30,000/year (for accommodation, food, transport, etc.)

Your budget should cover tuition, but you will need additional funds for living expenses. Total annual costs (tuition + living) usually range from NZD 42,400 to NZD 85,000.

For a smooth experience, plan for extra funds beyond tuition.

Got a budget of 40 to 50 lakhs? See what NZ costs.

Full tuition and living breakdown, plus universities that fit your number.

4.7/5 Google 🎓 25K+ admits
Get My Cost Estimate

More Cost & living questions

More New Zealand questions

🎓 40-50 lakh budget? See New Zealand costs Get Cost Estimate