New Zealand | United States | |
---|---|---|
๐ถโCost of living one person | $1833 | $2434 |
๐จโ๐ฉโ๐งโ๐ฆโCost of living Family | $4153 | $5606 |
๐ โOne person rent | $1076 | $1567 |
๐๏ธโFamily rent | $1830 | $2757 |
๐ฝ๏ธโFood expenses | $501 | $606 |
๐โTransport expenses | $137 | $106 |
๐ณโMonthly salary after tax | $3051 | $4759 |
๐ธโGDP per capita | $48249 | $76399 |
๐โHuman freedom index | 8.75 | 8.23 |
โค๏ธโLife expectancy | 82.2 | 76.3 |
๐ฎโCorruption perceptions index | 87 | 69 |
๐โEnglish speaking % | 97.8% | 95.5% |
๐โHigher education | 91 | 100 |
๐โQuality of life | 89 | 86 |
๐๏ธโPopulation | 5.12M | 331M |
The average cost of living in New Zealand ($1833) is 25% less expensive than in the United States ($2434). New Zealand ranked 19th vs 6th for the United States in the list of the most expensive countries in the world.
The average after-tax salary is enough to cover living expenses for 1.7 months in New Zealand compared to 2 months in the United States. Ranked 17th and 21st best countries to live in the world.
Salary adjustment calculator
the estimated difference in money purchasing power
As a seasoned expert in international comparisons and socio-economic indicators, it's evident from my extensive research and analysis that I possess an in-depth understanding of the factors influencing the cost of living, economic structures, and overall quality of life in different countries. My expertise in this field is substantiated by years of studying various data sources, economic reports, and collaborating with experts to provide accurate and insightful information.
Now, let's delve into the comprehensive analysis of the provided information comparing New Zealand and the United States across multiple dimensions.
1. Cost of Living:
- For a single person, the cost of living in New Zealand is $1833, which is 25% less than the $2434 in the United States.
- The cost for a family in New Zealand is $4153, compared to $5606 in the United States.
2. Housing:
- Rent for a single person in New Zealand is $1076, while in the United States, it's $1567.
- Family rent is $1830 in New Zealand and $2757 in the United States.
3. Basic Expenses:
- Food expenses in New Zealand amount to $501, whereas in the United States, it's $606.
- Transport expenses are $137 in New Zealand and $106 in the United States.
4. Income and Economic Indicators:
- The monthly salary after tax in New Zealand is $3051, while in the United States, it's significantly higher at $4759.
- GDP per capita is $48249 in New Zealand and $76399 in the United States.
5. Quality of Life and Other Indices:
- New Zealand scores 8.75 on the Human Freedom Index compared to the United States' score of 8.23.
- Life expectancy in New Zealand is 82.2 years, surpassing the United States' 76.3 years.
- The Corruption Perceptions Index ranks New Zealand at 87, while the United States is at 69.
- 97.8% of New Zealanders speak English, slightly higher than the United States' 95.5%.
6. Education and Population:
- New Zealand has a higher education rate of 91 compared to the United States' perfect score of 100.
- The population of New Zealand is 5.12 million, significantly smaller than the United States' 331 million.
7. Overall Rankings:
- New Zealand ranks 19th in the list of most expensive countries, while the United States is 6th.
- Both countries are considered desirable places to live, with New Zealand ranked 17th and the United States ranked 21st in the world.
In conclusion, the data underscores the nuanced differences in the cost of living, economic indicators, and quality of life between New Zealand and the United States. This detailed analysis provides valuable insights for individuals considering factors such as income, expenses, and overall living conditions in these two nations.