Cost of living v. Average wage
#1
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Joined: Jan 2011
Posts: 30
Cost of living v. Average wage
Hi All,
I'm doing the phase 1 pre-planning for emigrating to NZ, and one of the problems I'm running into is an inconsistency between official reports regarding the cost of living versus the wage scale, and the unofficial comments from people regarding said comparison.
Also, I am utterly unable to find an average wage by sector breakdown for NZ.
As I'm sure you can imagine, this is introducing real uncertainty into the process for me. I'm convinced that I can get a job given my volume of experience in my field as an IT manager and high end technical support analyst, but what I'd like from the kind folks here is some answers to the following.
1. How does the pay match up to base living costs.
2. How much difference does suburban and commute living make versus living in one of the big cities (Auckland or Wellington)
3. How does base cost of living compare to being in say the outer ring of London base cost of living. Because I already live in one of the higher costs of living places in the UK.
Any help would be appreciated.
I'm doing the phase 1 pre-planning for emigrating to NZ, and one of the problems I'm running into is an inconsistency between official reports regarding the cost of living versus the wage scale, and the unofficial comments from people regarding said comparison.
Also, I am utterly unable to find an average wage by sector breakdown for NZ.
As I'm sure you can imagine, this is introducing real uncertainty into the process for me. I'm convinced that I can get a job given my volume of experience in my field as an IT manager and high end technical support analyst, but what I'd like from the kind folks here is some answers to the following.
1. How does the pay match up to base living costs.
2. How much difference does suburban and commute living make versus living in one of the big cities (Auckland or Wellington)
3. How does base cost of living compare to being in say the outer ring of London base cost of living. Because I already live in one of the higher costs of living places in the UK.
Any help would be appreciated.
#2
Forum Regular
Joined: Jan 2010
Posts: 127
Re: Cost of living v. Average wage
How much are you thinking you will earn as a wage?
Thats a good point to start.
How many of there are you, and where do you intend living?
Its not a simple answer I am afraid.
Thats a good point to start.
How many of there are you, and where do you intend living?
Its not a simple answer I am afraid.
#3
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Thread Starter
Joined: Jan 2011
Posts: 30
Re: Cost of living v. Average wage
I Believe that I can probably earn a minimum of 40k nzd, and probably a maximum of 60k given my research on job boards and websites tracking median wages at my level in the IT sector.
I am coming by myself.
I'm remarkably unconcerned with where I specifically end up living, though it will probably have to be within commuting distance to either Wellington or Auckland given that most of the kinds of jobs I qualify for are in those areas.
I hope that helps provide illumination for my situation.
I am coming by myself.
I'm remarkably unconcerned with where I specifically end up living, though it will probably have to be within commuting distance to either Wellington or Auckland given that most of the kinds of jobs I qualify for are in those areas.
I hope that helps provide illumination for my situation.
#4
Re: Cost of living v. Average wage
Hi All,
I'm doing the phase 1 pre-planning for emigrating to NZ, and one of the problems I'm running into is an inconsistency between official reports regarding the cost of living versus the wage scale, and the unofficial comments from people regarding said comparison.
Also, I am utterly unable to find an average wage by sector breakdown for NZ.
As I'm sure you can imagine, this is introducing real uncertainty into the process for me. I'm convinced that I can get a job given my volume of experience in my field as an IT manager and high end technical support analyst, but what I'd like from the kind folks here is some answers to the following.
1. How does the pay match up to base living costs.
2. How much difference does suburban and commute living make versus living in one of the big cities (Auckland or Wellington)
3. How does base cost of living compare to being in say the outer ring of London base cost of living. Because I already live in one of the higher costs of living places in the UK.
Any help would be appreciated.
I'm doing the phase 1 pre-planning for emigrating to NZ, and one of the problems I'm running into is an inconsistency between official reports regarding the cost of living versus the wage scale, and the unofficial comments from people regarding said comparison.
Also, I am utterly unable to find an average wage by sector breakdown for NZ.
As I'm sure you can imagine, this is introducing real uncertainty into the process for me. I'm convinced that I can get a job given my volume of experience in my field as an IT manager and high end technical support analyst, but what I'd like from the kind folks here is some answers to the following.
1. How does the pay match up to base living costs.
2. How much difference does suburban and commute living make versus living in one of the big cities (Auckland or Wellington)
3. How does base cost of living compare to being in say the outer ring of London base cost of living. Because I already live in one of the higher costs of living places in the UK.
Any help would be appreciated.
How many planning phases are you having you may find a flexible attitude is worth more in settling abroad, have you worked outside the UK before? Outside London (the entertainment opportunities are very different to London)....
#5
Re: Cost of living v. Average wage
As simonsi said it is a very personal thing when you get to cost of living, and depends entirely on what you value and your style of living, ie eating out, theatre visits, holidays, drinking, are you beans on toast each night or steak and chips etc etc etc
Personally on the whole we found it expensive out here and continue to do so (been here nearly 6 years), however our income has increased making it easier the further along the journey we get. Our lives back in the UK of 3 holidays a year, eating out, visiting the theatre and "shopping for stuff" are a distant memory away.
To be really honest $40k is not a high salary and depending on what kind of property you would need you may find yourself commuting from quite a distance if, for instance, you needed to work in the centre of Auckland. I'm sure there will be lots of other helpful posts to follow - weigh up everything and do tonnes of research.
Worth also noting that the IT sector out here is extremely small and incestuous, I know of a number of IT professionals that have had to leave their families in NZ and head over to Aus for contract work in order to secure a job, doesn't mean the jobs aren't around just few and far between.
Personally on the whole we found it expensive out here and continue to do so (been here nearly 6 years), however our income has increased making it easier the further along the journey we get. Our lives back in the UK of 3 holidays a year, eating out, visiting the theatre and "shopping for stuff" are a distant memory away.
To be really honest $40k is not a high salary and depending on what kind of property you would need you may find yourself commuting from quite a distance if, for instance, you needed to work in the centre of Auckland. I'm sure there will be lots of other helpful posts to follow - weigh up everything and do tonnes of research.
Worth also noting that the IT sector out here is extremely small and incestuous, I know of a number of IT professionals that have had to leave their families in NZ and head over to Aus for contract work in order to secure a job, doesn't mean the jobs aren't around just few and far between.
#6
Re: Cost of living v. Average wage
it does as everyone else say above depend greatly on your own lifestyle
we have always found it easy to survive over here, that does again depend on where you live also. we are lucky that my husband is in a really well paid job so we have still managed our nice holidays abroad,nice house, clothes, hobbies etc
we have always found it easy to survive over here, that does again depend on where you live also. we are lucky that my husband is in a really well paid job so we have still managed our nice holidays abroad,nice house, clothes, hobbies etc
#7
Forum Regular
Joined: Jan 2010
Posts: 127
Re: Cost of living v. Average wage
I Believe that I can probably earn a minimum of 40k nzd, and probably a maximum of 60k given my research on job boards and websites tracking median wages at my level in the IT sector.
I am coming by myself.
I'm remarkably unconcerned with where I specifically end up living, though it will probably have to be within commuting distance to either Wellington or Auckland given that most of the kinds of jobs I qualify for are in those areas.
I hope that helps provide illumination for my situation.
I am coming by myself.
I'm remarkably unconcerned with where I specifically end up living, though it will probably have to be within commuting distance to either Wellington or Auckland given that most of the kinds of jobs I qualify for are in those areas.
I hope that helps provide illumination for my situation.
#8
Forum Regular
Thread Starter
Joined: Jan 2011
Posts: 30
Re: Cost of living v. Average wage
Sure, in an abstract sense you are absolutely right. But I'm a very pragmatic soul when you get right down to it.
Why is it that I can find all sorts of information but there is NO base cost of living to be found on New Zealand. For those who don't know, a BCL is what is required to rent or pay mortgage on accomodation, utilities, taxes and fees and comestibles.
It really shouldn't be this complicated to get that kind of figure.
Can a single person live of 40K in Auckland? Or Wellington? Or am I going to be living of Ramen and cans of tuna if I do so.
The same three I've had since the first time I emigrated (this will be my third time) Phase 1 is deciding to go and where, phase 2 is aquiring a means to earn a living there, and phase 3 is everything involved in the physical move of my property, bank accounts and non-domestic financial products.
Like I said, this isn't my first emigration, although I'll confess it seemed much easier years ago. I was actually head-hunted the first time. I find having a tried and tested structure to my life makes it, not less complicated, but less complex if that makes sense.
Why is it that I can find all sorts of information but there is NO base cost of living to be found on New Zealand. For those who don't know, a BCL is what is required to rent or pay mortgage on accomodation, utilities, taxes and fees and comestibles.
It really shouldn't be this complicated to get that kind of figure.
Can a single person live of 40K in Auckland? Or Wellington? Or am I going to be living of Ramen and cans of tuna if I do so.
How many planning phases are you having
you may find a flexible attitude is worth more in settling abroad, have you worked outside the UK before? Outside London (the entertainment opportunities are very different to London)....
#9
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Joined: Jan 2011
Posts: 30
Re: Cost of living v. Average wage
Worth also noting that the IT sector out here is extremely small and incestuous, I know of a number of IT professionals that have had to leave their families in NZ and head over to Aus for contract work in order to secure a job, doesn't mean the jobs aren't around just few and far between.
#10
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Joined: Jan 2011
Posts: 30
Re: Cost of living v. Average wage
Oh i'd be arriving with nothing much to spare once all the emigration fees are paid and I've put a down-payment on a house in NZ, but really what choice do I have. If I go, I'm going to have to deal with the consequences of that.
#11
Re: Cost of living v. Average wage
Foodtown, Countdown, New World, Pac n Save - are the main supermarkets - not sure which but one does on-line shopping, so you'll be able to get an idea of your weekly consumables from there.
Trademe.co.nz will have houses/flats for sale/rent so you can get an idea.
Trademe will also have vehicles so you can price up.
I think most single people on a $40k wage would be ok, assuming they cut their cloth according to their means.... but rich you will not be - but it is somewhere to start if living the dream over here is what you want.
Nobody moves to NZ to be rich though - it is definitely a lifestyle choice thing (cliche I know but true).
Last edited by P18PPS; Feb 24th 2011 at 1:44 am. Reason: additional info
#12
Re: Cost of living v. Average wage
Mate, I work as an engineer, (outside of my usual field) on a pretty much 40 hour week
I'm on 45-50, . Wife earns approx 15-20k.
We have a lifestyle similar to the one we left as regards social life.
We run a bike, a ute, a car and a boat.
Have sky, drink plenty, broadband.
Now, here's what you don't want to hear.....no rent or mortgage.
40-60......
I'm on 45-50, . Wife earns approx 15-20k.
We have a lifestyle similar to the one we left as regards social life.
We run a bike, a ute, a car and a boat.
Have sky, drink plenty, broadband.
Now, here's what you don't want to hear.....no rent or mortgage.
40-60......
#13
Lost in BE Cyberspace
Joined: Jun 2005
Location: In a large village called Auckland
Posts: 5,249
Re: Cost of living v. Average wage
I think a mistake there in looking at average wages, an IT Manager would earn considerably more than $40k per year working full time in any of the major cities. $40k would be the salary of a data input clerk or something very junior.
http://www.trademe.co.nz/Trade-me-jo...y-guide/IT.htm according to this guide the lowest paid would be a Help Desk job at a median of $47k
The information is out there, you just got to do a lot of searching and read lots so that you get a good feel for what is realistic for you. Your earning potential may well take a step or two down the career ladder from where you are now in order to secure a job.
http://www.trademe.co.nz/Trade-me-jo...y-guide/IT.htm according to this guide the lowest paid would be a Help Desk job at a median of $47k
The information is out there, you just got to do a lot of searching and read lots so that you get a good feel for what is realistic for you. Your earning potential may well take a step or two down the career ladder from where you are now in order to secure a job.
#15
Forum Regular
Thread Starter
Joined: Jan 2011
Posts: 30
Re: Cost of living v. Average wage
I think a mistake there in looking at average wages, an IT Manager would earn considerably more than $40k per year working full time in any of the major cities. $40k would be the salary of a data input clerk or something very junior.
http://www.trademe.co.nz/Trade-me-jo...y-guide/IT.htm according to this guide the lowest paid would be a Help Desk job at a median of $47k
http://www.trademe.co.nz/Trade-me-jo...y-guide/IT.htm according to this guide the lowest paid would be a Help Desk job at a median of $47k
The information is out there, you just got to do a lot of searching and read lots so that you get a good feel for what is realistic for you. Your earning potential may well take a step or two down the career ladder from where you are now in order to secure a job.