HomeNew Zealand

Kiwis Face Rising Costs on Essentials from 2019-2023

Kiwis Face Rising Costs on Essentials from 2019-2023

Between 2019 and 2023, New Zealanders found themselves spending more on essential items due to the cost of living crisis. Weekly spending on food inc

Key Ceremonies Mark the Formal Opening of New Zealand’s 54th Parliament
New Zealand Reports Decrease in Weekly Covid-19 Cases and Deaths
All Blacks Announce 2023 World Cup Squad with Familiar Faces

Between 2019 and 2023, New Zealanders found themselves spending more on essential items due to the cost of living crisis. Weekly spending on food increased by 28.1% to $300, and on housing and utilities by 15.5% to $398. Transport costs rose to $252 per week. There was also more spending on health, personal care, and savings. Overall, weekly household expenditure was $1598. Meanwhile, spending on communication and recreational activities decreased, as more people focused on essential expenses and savings.

error: Content is protected !!