Skyline of Wellington
Cost of Living: 98 417,000

Wellington, New Zealand

New Zealand's capital city, a compact cultural hub on a stunning harbor, home to Parliament, Te Papa museum, and a vibrant arts scene.

Updated August 11, 2026
Cost of Living 98

Below Average vs New Zealand Avg (100)

Housing Index 115

Above Average

Median Income NZ$70,000

Household income

Unemployment 4.2%

Job market health

Wellington vs New Zealand Average

Cost of Living
Wellington: 98
New Zealand Avg: 100
Housing Index
Wellington: 115
New Zealand Avg: 100
State Income Tax
Wellington: 33%

Taxes

  • State Income Tax: 33.0%
  • Sales Tax: 15.0%

Economy & Jobs

  • Median Income: NZ$70,000
  • Unemployment: 4.2%
  • Population: 417,000

Climate

  • Sunny Days: 185/year
  • Summer High: 68°F
  • Winter Low: 43°F
  • Farming Zone: USDA Zone 6a

Housing

  • Median Home: NZ$850,000
  • 1BR Rent: NZ$2000/mo

Cost of Living

Wellington's cost of living index is 98 (New Zealand average = 100).

CategoryWellingtonNational AverageDifference
Overall98100-2.0%
Housing115100+15.0%

Data source: Stats NZ / Numbeo, 2026

Housing Market

MetricValue
Median Home PriceNZ$850,000
Median Rent (1BR)NZ$2000/mo
Median Rent (2BR)NZ$2,500/mo
Price per Sq FtNZ$566

Data source: REINZ / Trade Me Property, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

NZ$
%
$90,000 down
%
%
NZ$

Utilities

Estimated monthly utility costs for a typical household in Wellington:

UtilityEstimated Monthly CostNotes
ElectricityNZ$150
Heating & CoolingNZ$162Estimated based on local climate.
Cooling (AC)N/AEstimated based on local climate and electricity rates
WaterNZ$60Includes sewer
Internet (100+ Mbps)NZ$80Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total UtilitiesNZ$452Monthly estimate (including heating & cooling)

Data sources: MBIE, Genesis Energy, Chorus 2025

Remote Work Score

Wellington scores —/100 for remote work readiness:

Cost of Living
98
Rent
NZ$2000
Sunny Days
185
Tax
33%
Unemployment
4.2%
Climate
68°F / 43°F
Safety
0.7 homicides/100k
Population
417,000
Internet Speed
120 Mbps

Climate

Wellington has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January63°F43°F2.5"
April53°F58°F2.8"
July68°F43°F1.5"
October48°F61°F2.2"
USDA Zone 6a

Cool to mild — apples, pears, berries, many vegetables

Natural Hazards

Wellington faces the following natural hazards:

Earthquake Extreme Risk

Located in a highly active seismic zone with frequent major earthquakes.

Volcano High Risk

Active volcanic zone with multiple volcanoes.

Tsunami High Risk

Coastal areas vulnerable to tsunamis.

Cyclone High Risk

Significant cyclone risk.

Landslide High Risk

Mountainous terrain with rain-induced landslides.

Avalanche High Risk

Southern Alps with frequent avalanches.

Flood Moderate Risk

River and flash floods.

Wildfire Moderate Risk

Forest and scrub fires.

Tornado Moderate Risk

New Zealand experiences tornadoes.

Blizzard Moderate Risk

South Island experiences winter storms.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 33%
  • Sales Tax: 15%
  • Property Tax: ~0.4% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 4.2%.

Schools & Education

Total Schools

Academic Schedule

School Hours 9:00 AM – 3:00 PM
Academic Year Late January to December
Term System Quarter — Term 1 (Jan-Apr), Term 2 (Apr-Jul), Term 3 (Jul-Sep), Term 4 (Sep-Dec)
Summer Break December to January (6 weeks)
Winter Break July (2 weeks)
Spring Break April (2 weeks, Easter)

Term dates set by the Ministry of Education. Summer break is over Christmas and New Year.

Universities & Higher Education

1
Universities
#699
Top University Rank
Top-Ranked University Victoria University of Wellington

Data source: Center for World University Rankings (CWUR) & World Universities Database

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Wellington, New Zealand?

The cost of living index in Wellington is 98, which is Lower the New Zealand national average of 100.

How much does it cost to buy a home in Wellington?

The median home price in Wellington is NZ$850,000. The housing index is 115.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Wellington is approximately NZ$2000/mo.

Does Wellington, WGN have income tax?

Wellington is in WGN, which has an income tax rate of 33%.

What is the climate like in Wellington?

Wellington enjoys approximately 185 sunny days per year. Summer highs reach around 68°F, while winter lows can drop to around 43°F.

Data Sources

  • Cost of Living: Stats NZ / Numbeo, 2026
  • Housing Data: REINZ / Trade Me Property, 2026
  • Income & Employment: Stats NZ Labour Market Statistics, 2024
  • Utilities MBIE, Genesis Energy, Chorus 2025

Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.