Cost of living.
#16
Re: Cost of living.
Have just spent 4 weeks back in the UK and as always am stunned at how cheap the food is there (along with the mid boggling choice) compared to NZ.
Back in 2004 when we first moved here I did a comparison not based on price but on percentage of my income. So for example if a loaf of bread costs 0.005% of my income in he UK what does it cost in NZ. I saved it all on a spreadsheet for a couple of months and I have to tell you it made me want to weep. As a school teacher in an equivalent job I found day to day goods to be on average taking 20% more of my wages than in the UK. Once you add in the cost of travel, well actually don't bother, it will only make you mad!
Back in 2004 when we first moved here I did a comparison not based on price but on percentage of my income. So for example if a loaf of bread costs 0.005% of my income in he UK what does it cost in NZ. I saved it all on a spreadsheet for a couple of months and I have to tell you it made me want to weep. As a school teacher in an equivalent job I found day to day goods to be on average taking 20% more of my wages than in the UK. Once you add in the cost of travel, well actually don't bother, it will only make you mad!
#17
BE Enthusiast
Joined: Jul 2008
Location: Auckland
Posts: 463
Re: Cost of living.
I know I sound like a repeating record here but a UK to NZ comparison isn't much cop & will mean little once you are here and earning for a year or so.
You need to do a UK net income to UK expenditure and be brutal with that .
Then you need to apply the exact same to what you think your NZ net income will be and do your NZ expenditure with the same brutality.
Comparing UK to NZ prices means nothing at all as you won't be earning UK money.
Once you have done both, then you can compare things like disposable income at the end of a week etc.
You also need to factor in things like doctors, vehicles, vets, school fees etc.
You need to do a UK net income to UK expenditure and be brutal with that .
Then you need to apply the exact same to what you think your NZ net income will be and do your NZ expenditure with the same brutality.
Comparing UK to NZ prices means nothing at all as you won't be earning UK money.
Once you have done both, then you can compare things like disposable income at the end of a week etc.
You also need to factor in things like doctors, vehicles, vets, school fees etc.
Although, if you are living off investment income from the UK and you know what that is going to be then it is easier. Wait a minute, the exchange rate changes all the time so in fact it is not easy at all.
You also have to include in the equation that food prices here include GST whereas in the UK there is no VAT on food. With that there is the Income Tax rates (don't forget to factor National Insurance into them). Much lower for high-earners in NZ but overall much higher for low-earners.
It is too complicated to attempt a sensible comparison, don't bother.
#18
Just Joined
Thread Starter
Joined: Jan 2013
Posts: 15
Re: Cost of living.
Agree food is generally more, but it all depends on how you shop and how you eat. Somethings come up surprisingly cheaper, particularly if the 'specials' are suitable. A direct comparison isnt going to work and as Catchafire says fruit and veg are very seasonal. The quality and choice for fruit and veg personally I think is much better though.
#19
Just Joined
Joined: Jan 2013
Location: Waikanae, Kapiti Coast
Posts: 23
Re: Cost of living.
As a small isolated market, NZ shops will always have a narrower range of goods than the UK. Personally though, having returned here after 8 years, I think the gap in range and quality has narrowed a little. The difference in food prices is, as has been noted, partly down to GST. However I don't think most people come here for the shopping anyway.
#20
Lost in BE Cyberspace
Joined: Jun 2005
Location: In a large village called Auckland
Posts: 5,249
#21
Lost in BE Cyberspace
Joined: Jun 2005
Location: In a large village called Auckland
Posts: 5,249
Re: Cost of living.
We've only relatively recently been touched by the Masterchef / TV Chef influence and I feel this has caused a mini food revelution with many jumping on that band-wagon. e.g. Al Brown beefburgers and meatballs - both excellent, where previously we had only what might pass as frozen dog meat with multiple fillers and additives in a patty.
#22
BE Enthusiast
Joined: Jul 2004
Posts: 906
Re: Cost of living.
I do get fed up with the cost and quality of cheese in NZ. Made a lovely salad for a lunch today 400g of halloumi cost me $14. Turned out to be a very expensive salad. And I have yet to find a decent mozorrella cheese. Bought some at pak n save, cost $10 for a small peice and I could have bounced it off the wall.
Kaz
Kaz
#23
Re: Cost of living.
This very debate is on TV3 next week, I think Campbell live where they have two shoppers one in the UK one in NZ shopping for the same things at the same time - or so the advert is showing. Will be interested in seeing the outcome.
#24
Just Joined
Joined: Sep 2011
Posts: 29
Re: Cost of living.
I do get fed up with the cost and quality of cheese in NZ. Made a lovely salad for a lunch today 400g of halloumi cost me $14. Turned out to be a very expensive salad. And I have yet to find a decent mozorrella cheese. Bought some at pak n save, cost $10 for a small peice and I could have bounced it off the wall.
Kaz
Kaz
I pay 69 pence at Sainsburys and if I want the Buffalo Mozzarella its a pound.
Making home made pizza's tonight with a salad a cheap and easy meal when I used to make it in NZ I used to have to remortgage the house.
#26
Re: Cost of living.
I don't really see the point in getting bogged down with small purchases like how much a pack of cheese is. Yeah OK, it's more expensive than the UK. However in NZ my rent is half the price, car insurance is half the price, the equivalent of council tax is much less so if a piece of cheese costs more money I think I can deal with it!
#27
Joined: Oct 2007
Posts: 3,787
Re: Cost of living.
I don't really see the point in getting bogged down with small purchases like how much a pack of cheese is. Yeah OK, it's more expensive than the UK. However in NZ my rent is half the price, car insurance is half the price, the equivalent of council tax is much less so if a piece of cheese costs more money I think I can deal with it!
#28
Forum Regular
Joined: Nov 2012
Location: New Plymouth
Posts: 210
Re: Cost of living.
Depends on your food bill really. For us, with 2 kids, prefering not to eat junk food and preparing family meals with good quality ingredients our food bill is astronomic. If we lived on $5 pizzas and McDonald's it probably wouldn't be such an issue for us.
The food bill is part of the overall. Most consumer goods cost more and as consumers that has an impact on our monthly outgoings.
The issue here has to be looked at holistically, so rent, insurance etc are also part of the whole.
For us the maths shows that our monthly outgoings are a greater percentage of our wages than they were in the UK, but that won't be the same for everybody.
The food bill is part of the overall. Most consumer goods cost more and as consumers that has an impact on our monthly outgoings.
The issue here has to be looked at holistically, so rent, insurance etc are also part of the whole.
For us the maths shows that our monthly outgoings are a greater percentage of our wages than they were in the UK, but that won't be the same for everybody.
#29
Re: Cost of living.
I wonder what area of NZ and UK they will be comparing and which shops they will be using. Waitrose vs Pak n' Save or Countdown vs ASDA. Newcastle vs Auckland or Invacargill vs London. This could either work out in favour of the UK or NZ depending on where is chosen location wise or which shop.
The seasons are also the opposite way around so will they be taking into account buying out of season items in NZ compared with the UK where this doesn't apply so much. We all know how extortionate it is buying certain fruit and veg out of season in NZ, which will also skew the results.
I also find shopping in NZ a whole different ball game. In the UK I used to go to the supermarket for pretty much everything. NZ I don't do this because it works out expensive. You have to be more of a savvy shopper in NZ than you do in the UK. Supermarket fruit and veg is cheap in the UK, but buying it from a farm or market is cheaper in NZ. Buying fruit and veg in supermarkets in NZ works out much more expensive.
It also depends on individual taste. Personally I cook a lot of Thai food, which is pretty cheap over here thanks to the Asian supermarkets. This keeps my food bills down.
Another thing that I doubt will be compared will be quality. I find NZ to be of much higher quality than the UK.
Swings and roundabouts really!
Last edited by Pom_Chch; Feb 3rd 2013 at 12:08 am.
#30
Re: Cost of living.
I think where abouts in NZ you live must make such a huge difference in comparisons that its all but impossible to actually compare until you live here.
I'm in Auckland, by choice, and here my rent is much higher than it would have been in the UK, my car insurance is pretty much the same but here I drive 10yr old Toyota and back home I drove a 2yr old Jeep and I just simply cant afford to eat the way I used to.
I pretty much always cook from scratch but in the UK tried to stick to organic as much as possible and free range when it came to meats but here that's way out my price range, and often difficult to find even if you can afford it (and markets and dedicated fruit/veg shops in no way mean the products are organic or free range)
I also find meat, fruit and veg to be lower quality and often a bit tasteless but I put that down to the difference between organic and not as I found the same in the UK with regular produce.
Anyway, I don't think anyone can say its all cheaper or its all more expensive as there's such a huge variety in life styles and expectations that you'll pretty much never know how its going to affect you till you try it.
I'm in Auckland, by choice, and here my rent is much higher than it would have been in the UK, my car insurance is pretty much the same but here I drive 10yr old Toyota and back home I drove a 2yr old Jeep and I just simply cant afford to eat the way I used to.
I pretty much always cook from scratch but in the UK tried to stick to organic as much as possible and free range when it came to meats but here that's way out my price range, and often difficult to find even if you can afford it (and markets and dedicated fruit/veg shops in no way mean the products are organic or free range)
I also find meat, fruit and veg to be lower quality and often a bit tasteless but I put that down to the difference between organic and not as I found the same in the UK with regular produce.
Anyway, I don't think anyone can say its all cheaper or its all more expensive as there's such a huge variety in life styles and expectations that you'll pretty much never know how its going to affect you till you try it.