Cost of Living in Timaru, New Zealand?

Question

Hi,

Can one survive on NZ$35,000 per annum in Timaru, Ne Zealand?

Can there be any considerable savings given that the money is spent by only one person, no family. Preference is to stay in a flat and not live an expensive lifestyle. No expenses on drinks because I don't take alcohol.

Need your views please.

Thanks

Answer 1

Hi there,

I would say you could live very easily and fairly comfortably on 35,000 in Timaru.

Tax is 19.5 cents per dollar so you would be taking home close to $550 a week.

when you say flatting would you just be renting on your own? or looking to move in with others? you could get a decent 2 bedroom flat to rent on your own in Timaru for $170 a week. Groceries maybe $75 a week, other bills such as phone and power are monthly. I reckon you could probably save $100 a week and still have money to spare.

to give you an idea of rent costs check out: http://www.trademe.co.nz/Browse/Property...

this link takes you directly to houses/flats currently for rent in timaru

there's also a flatmates wanted section on this same site http://www.trademe.co.nz/Browse/Property...

If you were to move in to a flat with others already in it you could get by on as little as $75 rent a week.

Owning a car would be the other major expense to consider. Petrol is $2.13 a litre now so it can cost upwards of $100 to fill a car up!

Hope this helps, Good luck