Salary equivalents between UK and NZ
 

Hi,
is there a way of working out what an equivalent salary is between UK and NZ?
So for example if I earn £50k in the uk and plan to live in Auckland, what would an equivalent salary be to have a similar standard of living?
Typically what kind of deductions are there on NZ salaries? ie taxes etc

Thanks
David

Re: Salary equivalents between UK and NZ
 

I've thought abou this a lot over the years. I've settled on using a factor of 2.5. So for example £50k equiv would be $125K.

Re: Salary equivalents between UK and NZ
 

I think $125k would be a starting point for living/working in Auckland. Depends on what you intend to bring with you in terms of savings, how many dependents, if any are coming with you, what sort of lifestyle you're hoping for etc.
You will be taxed on every dollar you earn plus you will pay a proportion of your salary into Kiwis ver. Not sure what that percentage is as I'm out of the loop on that.

Re: Salary equivalents between UK and NZ
 

Thanks for your replies. That's a useful guide.

It'lI be interesting to see if salaries are equivalent to the UK based on that.

Re: Salary equivalents between UK and NZ
 

I think that is an overly-ambitious comparison to try to make between UK and New Zealand.

That £50K in the UK will be a different standard of living in Northumbria than it will be in London. Similarly, different parts of New Zealand have different costs of living but the biggest factor in that is the cost of somewhere to live - same as in the UK.

People doing the sort of work I do get earn a little more than £50K in London and a little less than $125K in Auckland but my house in suburban Auckland is a little bigger than a suburban house in London so I suppose that makes up for it.

Re: Salary equivalents between UK and NZ
 

''but my house in suburban Auckland is a little bigger than a suburban house in London so I suppose that makes up for it.''

Size does matter especially if you have a family. Was the house purchase price close to that which you sold up for in the UK? ie like for like in price but better in value as you can make more use of the extra space etc.

Re: Salary equivalents between UK and NZ
 

I can't help answer that I am afraid. - I was a serial-renter in London because I preferred to live in a convenient location but that meant living in a tiny flat.
I was a serial-renter when I first arrived in New Zealand but the rental-price rises started to make me feel vulnerable about three years ago so I bought one instead even though I was not happy about the buying-prices at the time.

Re: Salary equivalents between UK and NZ
 

Thanks. I'm not too sure how IT salaries compare. SAP in particular.
I live in an expensive part of the UK. About 30 miles from central London. So I guess Auckland is like for like in that respect.

On a slightly different note, how have you found the transition to NZ? Is the climate that different?
It looks like summers are slightly warmer but longer and winters much warmer. However I've heard properties are badly insulated and winters can feel colder as a result.

Re: Salary equivalents between UK and NZ
 

SAP is very specialised but it is used in some places. The economy is doing well at the moment so I expect you will find companies that will pay well for those skills at the moment. Just remember that the economy is very small so demand can change at the drop-of-a hat.

As for the climate, again I would re-iterate that it is a big country, that covers a range from sub-tropical beaches in the far north to snow-covered mountain ranges on the South Island. In Auckland I think I can remember one frosty morning last winter and that is the coldest it got. At the current time of the year I might sit outside with a beer and read during the daytime but not in the evening because it will be too chilly in the evening. You might also want to know that at the moment the oranges on the tree in my garden are starting to ripen - that's sort of a nice thing to have but the benefits are very short-lived.

Houses will vary by age and the type of person (i.e. how rich) they were built for. Insulation and double-glazing were unheard of until very recently. Three years ago I looked at a lot of houses in suburban Auckland at open-homes, only one (a brand new build) had any sort of double-glazing.

Re: Salary equivalents between UK and NZ
 

I think a worry is the size of the economy.
I guess as double glazing and insulation are rare it's probably expensive to have installed?
I didn't realise you could grow oranges in Auckland plus you're close to 'winter' there.
Do you m

Re: Salary equivalents between UK and NZ
 

salary for SAP Consultant
https://www.payscale.com/research/NZ...sultant/Salary
so on average no where need 125K

Re: Salary equivalents between UK and NZ
 

Thanks Mrs Fychan.
If I refine it to 'Auckland' and level 'experienced' it gives : "An Experienced SAP Consultant in Auckland earns an average salary of NZ$130,725 per year".

Re: Salary equivalents between UK and NZ
 

I used to work somewhere that used SAP ERP (I worked predominately with SAP BW). Deloittes have a subsidiary called Tango that specialise in SAP, might be worth flicking them a CV.

Re: Salary equivalents between UK and NZ
 

Thanks Janie.I'll look them up.

Re: Salary equivalents between UK and NZ
 

Mmmmmwhahahahahahahaha. That is hilarious. The temperature in the UK in summer can get a LOT hotter than it does here in Auckland (that's where you're considering living, yes?). And "summer" here - I'd call that the time where you get consistent nice sunny and settled weather... that's a total of 6 weeks - generally from the end of Jan to the beginning of March - just as schools go back after the 'summer break'. Spring and Autumn are a write-off... it rains all the time and where in the uK you might get the occasional storm where property is threatened, trees down etc - that happens about half a dozen times a year here; so once a month during Spring and Autumn.