What does it cost to run a car in New Zealand? Is car insurance compulsory?
As well as the car itself, budget for petrol or electricity, a warrant of fitness (WoF), vehicle registration and driver licence fees. Car insurance is not compulsory, but at least third party insurance is recommended. If you buy the car with a loan, the lender will require full insurance.
Official figures
- How rent is charged
- Usually weekly. The bond can be up to 4 weeks' rent1
- Big cities and smaller places
- Houses in big cities like Auckland and Wellington cost much more than in smaller places like Invercargill. Prices and rents also depend on size, suburb and type of home1
- Checking typical rents
- The Tenancy Services Market rent tool shows weekly rents by area, property type and number of bedrooms (lower quartile, median and upper quartile). It is updated monthly using bond information from the previous 6 months (not including the most recent month)3
- Tipping and tax
- Tipping is not common in New Zealand, and menu prices include GST (goods and services tax)1
- Costs of running a car
- Petrol or electricity, warrant of fitness, vehicle registration and driver licence fees. Car insurance is not compulsory, but at least third party insurance is recommended1
Official sources
- Cost of living in New ZealandImmigration New Zealand · immigration.govt.nz
- Student fund requirementsImmigration New Zealand · immigration.govt.nz
- Market rentTenancy Services (MBIE) · tenancy.govt.nz
People also ask
- How much does it cost to live in New Zealand each month?
- How is rent charged in New Zealand, and how much is the bond?
- Is Auckland much more expensive than smaller towns?
- How can I check typical rents in a suburb?
- Do I need to tip in New Zealand? Do menu prices include tax?
- Do I have to pay to see a doctor on a temporary visa?
Answers are based on official New Zealand government pages. Check the official source before you act. This is not immigration, legal or tax advice.
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