$50,000 enough to live on in NZ?
Feb 12th 2009, 1:22 am
#16
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Re: $50,000 enough to live on in NZ?
Hi, I'm trying to work out roughly how much I would receive in net pay per month, so I can assess whether my potential NZ salary will be satisfactory for me to live comfortably in NZ.
Research suggests I should earn approx $50,000 per yr in my occupation as a teacher. I have trawled the internet to try find out how much may be deducted in taxes but can't seem to find it. Can anyone help?
Research suggests I should earn approx $50,000 per yr in my occupation as a teacher. I have trawled the internet to try find out how much may be deducted in taxes but can't seem to find it. Can anyone help?
I work out that $50k gives you about $3000 - $3100 per month after deductions
otherwise try sorted.org.nz
Feb 14th 2009, 8:24 am
#17
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Posts: 36
Re: $50,000 enough to live on in NZ?
Agreed. 50K a year = 3K a month.
For a single person, its fine. For a family, not so good.
For a single person, its fine. For a family, not so good.
Feb 15th 2009, 7:29 am
#20
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Re: $50,000 enough to live on in NZ?
However, not knowing how well capitalised the author of this thread is, it is impossible for anyone to comment on whether $50,000 is ok for him. For us, it is not and for many families it is not.
Feb 15th 2009, 6:28 pm
#21
Danni
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Joined: Jan 2009
Location: Christchurch
Posts: 85
Re: $50,000 enough to live on in NZ?
The income calculator is very helpful thanks. Gives me a better idea of how much I'll be taking home per week. This, along with my partner's salary seems to suggest that we'll manage!
Feb 16th 2009, 6:07 am
#22
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Re: $50,000 enough to live on in NZ?
Possible in Civil Engineering here two years ago though I'd worked for them for three years part time.
OP have a poke around in your field in the private sector and you may be able to make more, $50k with a family is...well...a bit basic TBH. Wish you luck, keep trying
.
OP have a poke around in your field in the private sector and you may be able to make more, $50k with a family is...well...a bit basic TBH. Wish you luck, keep trying
.
Feb 16th 2009, 7:14 am
#24
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Re: $50,000 enough to live on in NZ?
It all depends on what you've been used to.
Here in NZ, that is a reasonable salary. We support 4 kids on less than 60000
but it is tight. My Oh works full time and I work part time and do some freelance wiriting aswell. Sorry but if you want more than that you have to have a double income. Most kiwis have both partners working or you cannot afford to live
Here in NZ, that is a reasonable salary. We support 4 kids on less than 60000
but it is tight. My Oh works full time and I work part time and do some freelance wiriting aswell. Sorry but if you want more than that you have to have a double income. Most kiwis have both partners working or you cannot afford to live
Feb 16th 2009, 11:34 pm
#25
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Re: $50,000 enough to live on in NZ?
Oops, just realised you never said whether you are on your own, whether you have kids, whether you will have a mortgage etc.
If you're on your own that should be enough to live on. With kids I think if you have another half they might have to work at least part time, to be able to afford the nicer things in life. If you have a zero or very low mortgage then you could probably live OK, depending on where you want to settle. The bigger cities pay more usually but they also cost more in rent etc.
$50,000 is an average wage. Most kiwis need two incomes to survive if they are buying a house and have kids.
If you're on your own that should be enough to live on. With kids I think if you have another half they might have to work at least part time, to be able to afford the nicer things in life. If you have a zero or very low mortgage then you could probably live OK, depending on where you want to settle. The bigger cities pay more usually but they also cost more in rent etc.
$50,000 is an average wage. Most kiwis need two incomes to survive if they are buying a house and have kids.
