🇳🇿 New Zealand
Can you afford a house in New Zealand?
Unaffordable — by Demographia's classification
The country median home in New Zealand costs NZ$802,000 and the median household earns NZ$86,000 — a price-to-income ratio of 9.3×. Ranked 23 of 46 for housing cost relative to income.
Median home price
NZ$802,000
New Zealand average
Median household income
NZ$86,000
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.
Tell us about your finances
Annual numbers. We use country-typical interest rates and minimum down payments unless you change them.
Anchor: New Zealand average median 802,000 NZD · mortgage rate 6.45% · min down 20%