Cost of Living in Wanaka
Summary: Understanding the the cost of living in Wanaka helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
Category | Details | Cost |
---|---|---|
Apartment Rentals | 1-bedroom apartment in city center | NZ$1,800 - NZ$2,200 per month |
1-bedroom apartment outside city center | NZ$1,500 - NZ$1,800 per month | |
Apartment Purchases | Price per square meter in city center | NZ$7,000 - NZ$9,000 |
Price per square meter outside city center | NZ$5,000 - NZ$7,000 | |
Transportation | One-way local transport ticket | NZ$4.00 |
Monthly local transport pass | NZ$100 - NZ$150 | |
Gasoline (1 liter) | NZ$2.10 - NZ$2.40 | |
Taxi (1 km) | NZ$2.50 - NZ$3.00 | |
Groceries | Milk (1 liter) | NZ$1.80 - NZ$2.50 |
Bread (500g) | NZ$1.50 - NZ$3.00 | |
Rice (1 kg) | NZ$2.50 - NZ$4.00 | |
Chicken breasts (1 kg) | NZ$12.00 - NZ$16.00 | |
Restaurants | Meal at an inexpensive restaurant | NZ$20.00 - NZ$30.00 |
Three-course meal for two at a mid-range restaurant | NZ$80.00 - NZ$120.00 | |
Fast food meal (e.g., McDonald's) | NZ$10.00 - NZ$14.00 | |
Utilities | Basic utilities (electricity, heating, cooling, water, garbage) for an 85m2 apartment | NZ$150.00 - NZ$250.00 per month |
Internet (60 Mbps or more, unlimited data, cable/ADSL) | NZ$70.00 - NZ$100.00 per month | |
Mobile phone (prepaid, no contract) | NZ$0.20 - NZ$0.50 per minute | |
Private School Tuition | Preschool (or Kindergarten) | NZ$800 - NZ$1,200 per month |
Elementary School | NZ$10,000 - NZ$20,000 per year | |
Middle School | NZ$12,000 - NZ$25,000 per year | |
High School | NZ$15,000 - NZ$30,000 per year |
Monthly Budget for Retirees in Wanaka
"The cost of living in Wanaka is considered to be relatively high compared to other parts of the country. This is largely due to the town's popularity as a tourist destination and its stunning natural beauty, which has led to increased demand for property and higher house prices. Renting a property in Wanaka can be quite expensive, with prices varying depending on the size and location of the property. The cost of groceries and dining out in Wanaka is also higher than the national average. This is partly due to the town's remote location, which can increase the cost of transporting goods, and partly due to the high quality of the local produce and cuisine. Transportation costs in Wanaka can be quite low, especially if you choose to walk or cycle, as the town is small and easily navigable. However, if you need to travel further afield, you may need to own a car, which can add to your living costs. Healthcare in New Zealand is largely publicly funded, which means that the cost of medical care in Wanaka is relatively low. However, you may still need to pay for certain services or treatments. Overall, while the cost of living in Wanaka is higher than in many other parts of New Zealand, many residents feel that the town's high quality of life and stunning natural surroundings make it worth the extra expense," said one expat living in Wanaka.
Can I live in Wanaka on $1,500 a month?
"I've been living in Wanaka 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. Wanaka is a beautiful place, but it's also quite expensive, especially when it comes to housing. To make it work, you'll have to be smart about where you live and how you spend your money.First, let's talk about housing. The more affordable neighborhoods in Wanaka are places like Albert Town and Luggate. These areas are a bit further from the town center, but they offer more reasonably priced rental options. You can find a small one-bedroom apartment or a room in a shared house for around $600-$800 per month. On the other hand, neighborhoods closer to the town center and the lake, like Peninsula Bay and Meadowstone, are more expensive, and you might struggle to find anything under $1,000 per month.Next, you'll need to be mindful of your other expenses. Groceries can be quite pricey in Wanaka, so you'll want to shop at the more affordable supermarkets like New World or Four Square. Eating out can also add up quickly, so try to cook at home as much as possible. If you do want to treat yourself to a meal out, there are some cheaper options like food trucks and cafes.Transportation is another area where you can save money. Wanaka is a small town, so it's easy to get around by walking or biking. If you need a car, consider buying a used one or sharing one with a friend to split the costs.Finally, you'll need to be selective about your leisure activities. Wanaka is known for its outdoor activities, and many of them can be quite expensive, like skiing or snowboarding. However, there are also plenty of free or low-cost activities to enjoy, like hiking, swimming in the lake, or exploring the local parks.In conclusion, living comfortably on $1,500 a month in Wanaka is possible, but you'll need to make some sacrifices and be smart about your spending. By choosing a more affordable neighborhood, being mindful of your expenses, and enjoying low-cost leisure activities, you can make it work and enjoy all that this beautiful town has to offer," commented an expat living in Wanaka.
Can I live in Wanaka on $3,500 a month?
"I've been living in Wanaka for a few years now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, but you'll need to make some adjustments and sacrifices. First, you'll need to find a more affordable neighborhood to live in. The areas around the lakefront and town center can be quite expensive, so I'd recommend looking for a place in the suburbs like Albert Town or Hawea, where you can find more reasonably priced rentals.When it comes to transportation, owning a car can be quite costly, so I'd suggest using public transport or cycling around town. Wanaka has a decent bus system, and the town is quite bike-friendly, so you can save a lot on transportation costs.Eating out can also be expensive in Wanaka, especially in the more touristy areas. To save money, I'd recommend cooking at home more often and shopping at local supermarkets like New World or Four Square. You can also find some more affordable eateries in the suburbs, like food trucks and small cafes.As for entertainment, there are plenty of free or low-cost activities to enjoy in Wanaka. You can go hiking, biking, or swimming in the lake during the summer, and in the winter, you can find some more affordable ski fields nearby like Cardrona or Treble Cone. There are also free community events and festivals throughout the year, so you won't be short on things to do.In terms of sacrifices, you might have to give up some of the more luxurious amenities you're used to, like high-end restaurants, shopping, and entertainment options. But overall, I think you'll find that living in Wanaka on $3,000 a month is doable if you're willing to make some adjustments and embrace the more laid-back, outdoorsy lifestyle that the town has to offer," said one expat living in Wanaka.
Can I live in Wanaka on $5,000 a month?
"I've been living in Wanaka for a few years now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, especially if you're used to modern amenities. However, there might be a few sacrifices you'll have to make to ensure you stay within your budget.Firstly, you'll want to consider the cost of housing. Wanaka is a popular tourist destination, so rental prices can be quite high, especially during the peak seasons. To save on rent, you might want to look for a place in the more affordable neighborhoods like Albert Town or Luggate. These areas are still close to Wanaka, but the rental prices are generally lower. On the other hand, you might want to avoid the more expensive neighborhoods like Peninsula Bay or the lakefront areas, as the rental prices there can be quite steep.Another thing to consider is transportation. Owning a car in Wanaka can be quite expensive, especially when you factor in the cost of petrol, insurance, and maintenance. To save on transportation costs, you might want to consider using public transport, biking, or walking whenever possible. Wanaka is a relatively small town, so getting around without a car is definitely doable.When it comes to groceries and dining out, you'll find that the cost of living in Wanaka is relatively reasonable. There are several supermarkets in town where you can find affordable groceries, and there's also a good selection of restaurants and cafes that cater to different budgets. However, you might want to limit the number of times you eat out or opt for more affordable dining options to ensure you stay within your budget.Lastly, you'll want to be mindful of your spending on leisure activities and entertainment. Wanaka offers a wide range of outdoor activities like skiing, hiking, and mountain biking, which can be quite affordable if you're willing to invest in your own gear. However, some activities like guided tours or adventure sports can be quite expensive, so you might want to limit these types of experiences to ensure you stay within your budget.Overall, living comfortably on $5,000 a month in Wanaka is definitely possible, but you'll need to be mindful of your spending and make a few sacrifices to ensure you stay within your budget," commented an expat living in Wanaka.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.