Cost of living in Cromwell
Cromwell, located in the heart of New Zealand, offers a unique blend of rural charm and modern amenities. Understanding the cost of living in Cromwell is crucial for anyone considering relocating or planning a long-term stay.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $10.49 on average, with a range between $8.74 and $14.57.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $72.87, with prices ranging from $52.47 to $174.9.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8.74, with a range between $8.16 and $11.66.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.91 to $10.49, imported beer $5.25 to $8.74, cappuccino $2.33 to $7, and Coke/Pepsi $1.46 to $2.91.
Grocery Prices
- Milk - Milk is priced between $1.46 and $2.91 per liter, averaging $2.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.17 and $2.62, with an average price of $1.93.
- Eggs (Dozen) - A dozen eggs range from $2.31 to $6.3, averaging $5.17.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.51 to $3.5 per kg, while oranges range from $2.33 to $3.79 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.17 and $4.08 per kg, and lettuce costs $1.75 to $3.21 per head.
Transportation
- Gasoline - Gasoline is priced between $1.54 and $1.64 per liter.
- Taxi Fares - Taxi fares start at $5.83, with a cost of $1.17 per km and $29.15 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $932.79.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $757.89.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1632.39.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1282.59 to $1399.19, averaging $1340.89.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $5622.41.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $4603.34.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $64.13 and $174.9, averaging $89.03.
- Internet - Internet services range from $46.64 to $58.3, with an average cost of $51.19.
Cost of Living Rankings
The cost of living indices for New Zealand are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in New Zealand, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Cromwell offers a relatively affordable cost of living compared to larger cities in New Zealand, with moderate prices for dining and groceries.
Housing costs are reasonable, especially outside the city centre, making it an attractive option for families and individuals seeking more space.
Transportation costs are manageable, with affordable gasoline prices and taxi fares.
Conclusion
In conclusion, Cromwell presents a balanced cost of living with affordable housing and reasonable prices for daily necessities.
This makes it an appealing choice for those looking to enjoy a comfortable lifestyle in a picturesque setting without the high costs associated with urban living.