Dunedin is a very affordable city to live in.
Even the New Zealand cities of Auckland and Wellington, considered New Zealand’s most expensive, are in fact among the cheapest in the world according to the Mercer Worldwide Cost of Living Survey 2012.
The mercer survey measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. It is the world’s most comprehensive cost of living survey.
The survey, which ranks 214 cities across five continents, placed Auckland in 149th position and Wellington in 163rd. Sydney in neighbouring Australia was ranked 24th and Singapore, also in the asia-pacific region came in at 11th.
The New Zealand Dollar has strengthened considerably against the US Dollar, which moved the two cities up the ranking since the last survey. New York is used as the base city for the index against which all cities were compared.
In New Zealand, the further South you go, the cheaper it becomes to live. This is true of Dunedin which is located in the bottom half of the country's South Island.
NZD $250.00 to NZD $350.00 per week to rent a standard 2 or 3 bedroom house
Use the currency converter on the right to see this figure converted into your home currency. Visit New Zealand auction site, www.trademe.co.nz, to see a listing of houses for rent in Dunedin right now.
NZD $5 for a
Big Mac from McDonalds
The cost of standard items in New Zealand is on a par with other countries in the OECD. Use the currency converter on the right to see this figure converted into your home currency.
Independent site Emigrate New Zealand offers a cost of living calculator.