Cost of living in Masterton
Masterton, located in the heart of New Zealand, offers a unique blend of rural charm and urban convenience. Understanding the cost of living in this city is crucial for both potential residents and those planning to relocate.
This guide provides a detailed breakdown of expenses in Masterton, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $5.86 on average, with a range between $5.86 and $29.32.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $52.78, with prices ranging from $49.85 to $146.6.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.04, with a range between $7.04 and $14.66.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.52 to $8.8, imported beer $4.1 to $8.8, cappuccino $2.35 to $3.81, and Coke/Pepsi $1.17 to $2.93.
Grocery Prices
- Milk - Milk is priced between $1.46 and $2.32 per liter, averaging $1.66.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.73 and $5.28, with an average price of $1.58.
- Eggs (Dozen) - A dozen eggs range from $5.63 to $7.04, averaging $5.98.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.17 to $3.51 per kg, while oranges range from $1.17 to $5.27 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.17 and $2.93 per kg, and lettuce costs $0.94 to $3.23 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2.35.
- Fuel (Gasoline) - Gasoline is priced between $1.52 and $1.76 per liter.
- Taxi Fares - Taxi fares start at $2.35, with a cost of $2.05 per km and $39.88 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $703.7 to $820.98, averaging $762.34.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $469.13 to $703.7, averaging $586.41.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1055.54 to $1407.39, averaging $1211.92.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $263.89 to $1172.83, averaging $791.66.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $1466.03.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $1466.03.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $58.86 and $87.96, averaging $78.26.
- Internet - Internet services range from $23.46 to $93.83, with an average cost of $46.77.
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
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Masterton offers a relatively affordable cost of living compared to larger cities in New Zealand. Dining out can be inexpensive, especially at casual restaurants.
Housing costs are moderate, with a variety of options available both in the city centre and outside. Public transportation is reasonably priced, although owning a car may be necessary for more convenience.
Grocery prices are competitive, and utilities are generally affordable, making Masterton a cost-effective choice for families and individuals alike.
Conclusion
In conclusion, Masterton presents a balanced cost of living, making it an attractive option for those seeking a quieter lifestyle without the high expenses of larger urban areas.
With affordable housing, reasonable transportation costs, and competitive grocery prices, Masterton is well-suited for families, retirees, and anyone looking to enjoy the charm of New Zealand's countryside.