🇳🇿 New Zealand
Can you afford a house in New Zealand?
Unaffordable — by Demographia's classification
The country median home in New Zealand costs 802 000 $NZ and the median household earns 86 000 $NZ — a price-to-income ratio of 9.3×. Ranked 23 of 46 for housing cost relative to income.
Median home price
802 000 $NZ
New Zealand average
Median household income
86 000 $NZ
after tax
Avg mortgage rate
6.45%
min down 20%
How affordable is New Zealand for you?
Enter your income and savings to see your personal max-affordable price, years to a down payment, and how that compares to New Zealand's median.
Parlez-nous de vos finances
Chiffres annuels. Nous utilisons les taux d'intérêt et les apports minimums typiques du pays, sauf si vous les modifiez.
Anchor: New Zealand average median 802,000 NZD · mortgage rate 6.45% · min down 20%