What is a good salary in NZ?
You will have a fantastic lifestyle with a salary of 120K in NZ. The median income in New Zealand was $48,800 a year or $23.50 per hour in 2016. So you will easily be in the top earners bracket with 120K. 120k is a high salary.
From what we see, a single expat living in Auckland would need to have on hand a minimum of USD$1,570 per month to cover their basics. The average net salary in New Zealand is NZD$47,613-$58,194 (approx USD$29,987-$36,651) per year, or NZD$3,968-$4,850 per month (USD$2,489-$3,042).
What is a good salary in the US per month? In the US, an annual salary between $70,000 – $78,000 before tax is considered to be a good salary in any state.
The New Zealand Living Wage hourly rate for 2022/23 is $23.65. It was announced on April 1 and will come into effect on 1 September 2022.
| Job category | Median pay | Pay range |
|---|---|---|
| Retail | $48,000 | $40,000 to $65,000 |
| Sales | $65,000 | $42,000 to $115,000 |
| Science and technology | $65,000 | $42,000 to $115,000 |
| Trades and services | $55,000 | $40,000 to $85,000 |
Wages. In the year to the March 2022 quarter, average ordinary time hourly earnings, as measured by the QES, increased to $36.18 (up 4.8 percent). Private sector ordinary time hourly earnings increased by 5.3 percent, to $34.36. Public sector ordinary time hourly earnings increased by 3.9 percent, to $43.47.
It has released new household net worth statistics, which indicate the median net wealth of New Zealand households hit $397,000 in June last year, up from $328,000 in June 2018. Those in the poorest quintile had median net worth of $11,000, up from $8000 in 2015 and 2018.
Average Salary in the U.S. by Age & Gender
16 to 19: $467 ($24,284 annually) 20 to 24: $607 ($31,564 annually) 25 to 34: $850 ($44,200 annually) 35 to 44: $999 ($51,948 annually)
With the proper budget and discipline, $50,000 is an excellent salary. In 2020, the median household income in the United States was about $67,000. Your debt load, dependents, and assets will determine how comfortably you can live with an income of $50k.
| Age | 25% | Median |
|---|---|---|
| 26 | $20,804.00 | $35,000.00 |
| 27 | $23,660.00 | $40,000.00 |
| 28 | $25,000.00 | $39,005.00 |
| 29 | $24,615.00 | $41,085.00 |
What is a high salary in New Zealand?
What Is the #1 Highest-Paid Position in New Zealand? The highest-paying job in New Zealand is that of CEO or Managing Director. They earn, on the low end, around NZ$120,000 per year and, on average, around NZ$560,000 per year. On the high end, they can earn as much as NZ$4.5 million per year!
One of the reasons Aotearoa New Zealand has a low wage economy is because benefits are so low, and provide no competition for low wages. If they were raised, businesses would have to pay people better for their time and labour,” says Auckland Action Against Poverty coordinator Brooke Pao Stanley.
Two people who each work full-time and earn $27 dollars an hour have a net take-home of $7014, which is a pretty solid amount for living well in most places!
“The increased income limits mean single people 18 years and over, earning under $800 a week, or couples earning under $1600 a week may be eligible for assistance.
In the year ended June 2021 (compared with the year ended June 2020), the key measures of household incomes and housing costs showed: average annual household income (gross) increased from $105,701 to $110,451 (up 4.5 percent)
“The increased income limits mean single people 18 years and over, earning under $800 a week, or couples earning under $1600 a week may be eligible for assistance.
$120k per year is a good salary and should mean that most people could live a comfortable life with enough spare income for treats and enjoyment. However, your lifestyle could still surpass your income, so it is important to get financial guidance if you feel you are going to struggle.
A person working in Auckland typically earns around 108,000 NZD per year. Salaries range from 27,300 NZD (lowest average) to 482,000 NZD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.
