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Expat Exchange - Cost of Living in Palmerston North 2024
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Cost of Living in Palmerston North

By Betsy Burlingame

Cigna Global Health
Cigna Global Health

Summary: If you're moving to Palmerston North, understanding the the cost of living in Palmerston North helps you know what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.

Category Cost
Apartment Rentals
  • 1 bedroom apartment in city center: NZD 1,000 - 1,300 per month
  • 1 bedroom apartment outside city center: NZD 800 - 1,100 per month
  • 3 bedroom apartment in city center: NZD 1,800 - 2,500 per month
  • 3 bedroom apartment outside city center: NZD 1,500 - 2,000 per month
Apartment Purchases
  • Price per square meter in city center: NZD 3,500 - 5,000
  • Price per square meter outside city center: NZD 2,500 - 3,500
Transportation
  • One-way local transport ticket: NZD 2.50
  • Monthly local transport pass: NZD 60 - 100
  • Taxi starting tariff: NZD 3.50
  • Taxi 1 km tariff: NZD 2.50
  • Gasoline (1 liter): NZD 2.10 - 2.40
Groceries
  • Milk (1 liter): NZD 1.80 - 2.50
  • Bread (500g): NZD 1.50 - 3.00
  • Rice (1 kg): NZD 2.50 - 4.00
  • Eggs (12): NZD 4.00 - 6.00
  • Chicken breasts (1 kg): NZD 10.00 - 15.00
  • Beef round (1 kg): NZD 12.00 - 18.00
  • Apples (1 kg): NZD 3.00 - 5.00
  • Oranges (1 kg): NZD 3.00 - 5.00
  • Tomatoes (1 kg): NZD 3.00 - 6.00
  • Potatoes (1 kg): NZD 2.00 - 4.00
  • Water (1.5-liter bottle): NZD 1.50 - 3.00
Restaurants
  • Meal at an inexpensive restaurant: NZD 15.00 - 25.00
  • Meal for two at a mid-range restaurant: NZD 60.00 - 100.00
  • Fast food meal: NZD 10.00 - 15.00
  • Domestic beer (0.5-liter draught): NZD 6.00 - 9.00
  • Imported beer (0.33-liter bottle): NZD 6.00 - 10.00
  • Cappuccino: NZD 4.00 - 6.00
  • Soft drink (0.33-liter bottle): NZD 2.00 - 3.50
Utilities
  • Basic utilities (electricity, heating, cooling, water, garbage) for an 85m2 apartment: NZD 150.00 - 250.00 per month
  • Internet (60 Mbps or more, unlimited data, cable/ADSL): NZD 70.00 - 100.00 per month
Private School Tuition
  • Preschool: NZD 800 - 1,500 per term
  • Elementary School: NZD 1,500 - 3,000 per term
  • Middle School: NZD 2,000 - 4,000 per term
  • High School: NZD 3,000 - 6,000 per term
Please note that these costs are approximate and can vary depending on individual preferences and lifestyle choices. It is always a good idea to research and compare prices in different areas of Palmerston North to find the best options for your needs.

Monthly Budget for Retirees in Palmerston North

"The cost of living in Palmerston North is considered to be relatively affordable compared to other major cities in the country. Housing is generally less expensive, with the cost of renting or buying a home being lower than the national average. The cost of groceries and dining out is also considered to be reasonable, although this can vary depending on personal preferences and lifestyle. Utilities such as electricity, heating, and internet are also generally affordable. Transportation costs can vary, but are typically lower due to the city's small size and efficient public transportation system. Overall, the cost of living in Palmerston North is considered to be manageable for both individuals and families," said one expat living in Palmerston North.

Can I live in Palmerston North on $1,500 a month?

"I've been living in Palmerston North for a while now, and I can tell you that it's possible to live on $1,500 a month, but you'll have to make some sacrifices. First, you'll need to find a place to live that's affordable. Some of the more expensive neighborhoods like Hokowhitu or Kelvin Grove might be out of your budget, so I'd recommend looking into areas like Highbury, Takaro, or Awapuni. These neighborhoods tend to have more affordable housing options, and you can find a decent one or two-bedroom apartment for around $800 to $1,000 per month.Next, you'll need to be mindful of your utility bills. Electricity and water can be quite expensive here, so try to conserve energy and water as much as possible. You might also want to consider getting a flatmate to help split the costs.Transportation is another expense you'll need to consider. If you're working in the city center, you can save money by walking or biking to work. Public transportation is also an option, but it can add up if you're using it daily. If you need a car, consider buying a used one or sharing one with a flatmate to save on costs.Groceries can be a bit pricey in New Zealand, so you'll need to be smart about your shopping. Look for sales and discounts, and consider shopping at cheaper supermarkets like Pak'nSave or Countdown. You might also want to cut back on eating out, as it can be quite expensive here.Lastly, you'll need to be mindful of your entertainment and leisure expenses. Going out for drinks, movies, or other activities can add up quickly. Look for free or low-cost events and activities in the city, and consider inviting friends over for a potluck dinner or game night instead of going out.In summary, living on $1,500 a month in Palmerston North is doable, but you'll need to be mindful of your expenses and make some sacrifices. By choosing an affordable neighborhood, being smart about utilities and transportation, and cutting back on entertainment expenses, you can make it work," commented an expat living in Palmerston North.

Can I live in Palmerston North on $3,500 a month?

"I've been living in Palmerston North for a few years now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. However, you might have to make a few sacrifices to make it work. For example, you might not be able to afford a large, luxurious house in one of the more expensive neighborhoods, but there are plenty of affordable options in other areas.In terms of housing, I'd recommend looking into neighborhoods like Highbury, Takaro, or Awapuni. These areas tend to have more affordable rental prices, and you can find a decent-sized house or apartment for around $1,500 to $2,000 per month. On the other hand, I'd avoid neighborhoods like Hokowhitu or Fitzherbert, as they tend to be more expensive and might not fit within your budget.When it comes to transportation, owning a car can be quite expensive, especially with the cost of petrol and insurance. To save money, I'd recommend using public transportation or biking around the city. Palmerston North has a decent bus system, and a monthly pass costs around $100. Biking is also a great option, as the city is quite flat and has a good network of bike lanes.For groceries and other essentials, I'd recommend shopping at local supermarkets like Countdown or New World, as they tend to have lower prices than smaller convenience stores. You can also save money by cooking at home instead of eating out, as dining out can be quite expensive in New Zealand.In terms of entertainment and leisure activities, there are plenty of free or low-cost options in Palmerston North. You can enjoy the beautiful parks and gardens, like the Victoria Esplanade or the Manawatu River Pathway, or visit the local museums and art galleries. There are also plenty of affordable cafes and bars where you can socialize with friends without breaking the bank.Overall, living in Palmerston North on $3,000 a month is definitely doable, but you'll need to be mindful of your spending and make a few sacrifices in terms of housing and transportation. By choosing an affordable neighborhood, using public transportation, and being smart about your grocery and entertainment choices, you can enjoy a comfortable lifestyle in this beautiful city," said one expat living in Palmerston North.

Can I live in Palmerston North on $5,000 a month?

"I've been living in Palmerston North for a few years now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, even if you're used to modern amenities. Of course, you might have to make a few sacrifices, but nothing too drastic. For example, you might not be able to dine out at fancy restaurants every night or go on expensive weekend getaways, but you'll still be able to enjoy a good quality of life.When it comes to finding a place to live, there are a few neighborhoods that I would recommend for someone on a $5,000 a month budget. Hokowhitu and Kelvin Grove are both nice areas with a mix of housing options, from apartments to standalone houses. They're close to shops, parks, and other amenities, so you won't feel like you're missing out on anything. Rent for a decent two-bedroom apartment in these areas would be around $1,500 to $2,000 a month, leaving you with plenty of money for other expenses.On the other hand, there are some neighborhoods that might be a bit too pricey for your budget. For example, Aokautere and Fitzherbert are known for their larger, more luxurious homes, and rents can be quite high. If you're looking to save money, I would avoid these areas.As for other expenses, groceries and utilities are relatively affordable in Palmerston North. You can expect to spend around $500 to $700 a month on groceries for a couple, and utilities (including internet) should be around $300 a month. Public transportation is also quite affordable, with a monthly bus pass costing around $60.Overall, I think you'll find that living in Palmerston North on a $5,000 a month budget is quite doable, and you won't have to make too many sacrifices to enjoy a comfortable lifestyle. Just be mindful of your spending, especially when it comes to housing and entertainment, and you should be able to make it work," commented an expat living in Palmerston North.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.


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