Cost of living in Eltham
Eltham, a charming town in New Zealand, offers a unique lifestyle that combines rural tranquility with modern conveniences. Understanding the cost of living here is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of the expenses you can expect in Eltham, from dining and groceries to transportation and housing.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $5.84 on average, with a range between $5.84 and $29.21.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $81.79, with prices ranging from $58.42 to $93.47.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8.76, with a range between $7.59 and $9.93.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.09 to $8.76, imported beer $5.26 to $7.89, cappuccino $2.92 to $4.09, and Coke/Pepsi $2.04 to $2.92.
Grocery Prices
- Milk - Milk is priced between $1.17 and $2.92 per liter, averaging $1.78.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.4 and $2.51, with an average price of $1.93.
- Eggs (Dozen) - A dozen eggs range from $4.91 to $7.71, averaging $6.7.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.75 to $3.51 per kg, while oranges range from $2.04 to $4.67 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.17 and $3.21 per kg, and lettuce costs $1.75 to $3.51 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.46 and $1.79 per liter.
- Taxi Fares - Taxi fares start at $1.75, with a cost of $1.52 to $2.92 per km and $29.21 to $70.1 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $26,283.15 and $44,393.35, while a Toyota Corolla ranges from $21,025.35 to $29,209.99.
Housing Costs
- Buying Price per Square Meter (Outside Centre) - The price per square meter to buy an apartment outside the centre averages $2,336.80.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $116.84 and $233.68, averaging $169.67.
- Internet - Internet services range from $40.89 to $64.85, with an average cost of $53.19.
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"
Eltham offers a relatively affordable cost of living, especially in terms of dining and grocery prices. However, transportation costs, particularly for car purchases, can be significant.
Housing prices are moderate, with buying options available outside the city centre. Utilities and internet services are reasonably priced, contributing to a balanced monthly budget.
Conclusion
In conclusion, Eltham, New Zealand, presents a cost-effective living environment with affordable dining and grocery options. While transportation and housing costs can vary, the overall expenses remain manageable.
Prospective residents can enjoy a balanced lifestyle in Eltham, benefiting from its rural charm and modern amenities without breaking the bank.