Cost of living in Waimate
Waimate, a charming town in New Zealand, offers a unique lifestyle that blends rural tranquility with modern conveniences. Understanding the cost of living here is crucial for anyone considering a move or simply wanting to manage their budget effectively.
This guide provides a detailed breakdown of the expenses you can expect in Waimate, covering everything 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 $16.94 on average, with a range between $8.76 and $29.21.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $84.71, with prices ranging from $58.42 to $105.16.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.52, with a range between $8.76 and $11.68.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5.26 to $7.01, imported beer $4.67 to $8.76, cappuccino $2.63 to $4.09, and Coke/Pepsi $1.75 to $2.92.
Grocery Prices
- Milk - Milk is priced between $1.08 and $3.15 per liter, averaging $1.86.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.02 and $3.31, with an average price of $1.92.
- Eggs (Dozen) - A dozen eggs range from $4.21 to $8.41, averaging $6.32.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.75 to $3.51 per kg, while oranges range from $2.04 to $4.08 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.17 and $4.08 per kg, and lettuce costs $2 to $4.09 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.44 and $1.7 per liter.
- Taxi Fares - Taxi fares start at $2.63, with a cost of $1.75 to $2.34 per km and $17.53 to $32.13 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $19,862.79 and $30,372.55, while a Toyota Corolla ranges from $17,526 to $21,784.81.
Housing Costs
- Mortgage Interest Rate - The mortgage interest rate for a 20-year fixed-rate loan ranges from 6.59% to 7.2%, averaging 6.84%.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $93.47 and $160.65, averaging $122.7.
- Internet - Internet services range from $35.05 to $57.84, with an average cost of $47.65.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs between $12.85 and $46.74, averaging $32.39.
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
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Waimate offers a relatively affordable cost of living compared to larger cities in New Zealand. Dining out is reasonably priced, and grocery costs are manageable.
Transportation costs are moderate, with affordable fuel prices and taxi fares. Housing costs, particularly mortgage rates, are competitive.
Utilities and internet services are reasonably priced, making Waimate an attractive option for those seeking a balanced lifestyle.
Conclusion
In conclusion, Waimate presents a cost-effective living environment with a good balance of affordability and quality of life.
Whether you're considering a move or planning your budget, Waimate offers a welcoming community with manageable living expenses.