SALARY IN NEW ZEALAND
New Zealand is a small colourful country with a population of only 5.2 million people, located in the Southwest Pacific Ocean far from the rest of the world. Despite a certain isolation (the nearest country is Australia, about 1,700 kilometres away), New Zealand has an open and competitive economy focused on the industrial sector and modern technology. The country has decent wages, high living standards and social standards.
Work in New Zealand attracts a large number of foreigners, for whom comfortable employment conditions are created and special labour migration programmes are in place. First of all, the country needs shortage of experienced specialists, such as engineers and doctors. Universities of New Zealand prepare qualified personnel, unemployment does not exceed 3-4% and the income of locals is growing. Next, let's find out what salaries in New Zealand in 2024.
CONTENTS
Minimum wage in New Zealand
According to official data from the local Ministry of Business, Innovation and Employment, from 1 April 2024, the minimum wage in New Zealand is 23.15 New Zealand dollars (NZD) per hour (€13), $185.20 per day (€105) and $926 per week (€515). Thus, every New Zealand citizen over the age of 16 in full-time employment (8 hours) can expect to be paid a minimum of NZD 4,015 per month, equivalent to €2,230.
The exception is for trainees or young workers aged 16-19 who have been in continuous employment with the same employer for less than 6 months. In this case, the minimum rate is reduced to NZD 18.52 per hour, NZD 148.16 per day and NZD 740.80 per week. After the end of the six-month period, the salary is paid on a general basis and in full. Compared to 2024, New Zealand's minimum wage has increased by NZD 0.45 per hour.
Note. The New Zealand government reviews the minimum wage rate annually as of 1 April.
Average salary in New Zealand
The high level of income of the local population is considered one of the main incentives for immigration to New Zealand. According to this indicator, the country is ahead of many developed countries of the European Union and the world as a whole. Thus, according to the official information of the local statistical office, before taxes, the average salary in New Zealand in 2024 is equal to 40.40 NZD per hour (22 euros), that is, in a week New Zealanders receive 1,616 NZD (900 euros), and in a month 7,000 NZD (3,890 euros).
New Zealand has an employment rate of 69%. About 3 million people are officially employed and about 122,000 are unemployed. In the public sector, wages are NZD 47.17 per hour and in the private sector NZD 38.64. Average incomes of local workers do not differ much by sector, which is also a peculiarity of the New Zealand labour market. Of course, experienced doctors in New Zealand receive more than housekeepers, but the minimum rate in any profession is quite high.
Occupation | NZD per month | Euro per month |
Doctor | 6,250-20,800 | 3,630-12,085 |
Pharmacist | 5,415-7,080 | 3,145-4,115 |
Certified nurse | 5,415 | 3,145 |
Programmer | 4,580-12,500 | 2,660-7,265 |
Bank teller, auditor | 4,580-8,300 | 2,660-4,825 |
Lawyer | 4,200-16,600 | 2,440-9,645 |
Engineer | 3,750-8,300 | 2,180-4,825 |
Accountant | 3,750-6,650 | 2,180-3,865 |
Teacher | 3,750-6,250 | 2,180-3,630 |
Financial analyst | 2,915-8,300 | 1,695-4,825 |
Interior designer | 2,915-7,915 | 1,695-4,600 |
Unskilled labour | 2,500-4,150 | 1,455-2,410 |
Sector of economy | NZD per hour | Euros per hour |
Financial and insurance services | 54.55 | 31.45 |
Information, media and telecommunications | 48.29 | 27.84 |
Electricity, gas, water, and waste management | 46.19 | 26.63 |
Professional and administrative services | 44.21 | 25.49 |
Public administration and security | 44.03 | 25.39 |
Forestry and mining | 42.36 | 24.42 |
Health care and social work | 39.59 | 22.83 |
Wholesale trade | 39.10 | 22.54 |
Education and training | 38.30 | 22.08 |
Real estate operations | 37.86 | 21.83 |
Manufacturing | 36.15 | 20.84 |
Construction | 35.85 | 20.67 |
Transport, post and logistics | 35.72 | 20.60 |
Arts, recreation and other services | 33.37 | 19.24 |
Accommodation and food services, retail trade | 28.32 | 16.33 |
Note. Information on average wages by sector of economy is based on official data from Statistics New Zealand.
Payroll taxes in New Zealand
New Zealand's tax system is characterised by transparency, fairness and high rates. For example, the maximum income tax rate is 39%. If an employee fails to complete a tax return (Form IR330), the employer is obliged to withhold tax at a rate of 45%. You can calculate New Zealand payroll taxes (annual income tax) using the online calculator here.
Annual income | Tax rate |
0 and 14,000 NZD | 10.5% |
From 14,000 and 48,000 NZD | 17.5% |
From 48,000 and 70,000 NZD | 30% |
From 70,000 and 180,000 NZD | 33% |
Over 180,000 NZD | 39% |
For example, if annual earnings in New Zealand from 1 April 2023 to 31 March 2024 are NZD 84,032, the deduction amount is NZD 18,150. The tax rate is 21.6% Thus, the average salary in New Zealand in 2024 after tax is around NZD 5,490 or €3,050 per month.
HIGHEST PAID OCCUPATIONS IN NEW ZEALAND
Doctors
Programmers
Lawyers
Financial managers and consultants
Engineers
Commercial pilots
Marketing and sales directors
Senior civil servants
Construction managers
Telecommunications engineers
Cost of living in New Zealand
Doctors
Programmers
Lawyers
Financial managers and consultants
Engineers
Commercial pilots
Marketing and sales directors
Senior civil servants
Construction managers
Telecommunications engineers
Compared to most countries in the world, living in New Zealand is not cheap. The most expensive major New Zealand cities are Auckland, Wellington, Christchurch and Queenstown.
Basic costs in New Zealand (NZD):
Rent: $1,800-2,000 per month for a one-bedroom flat in the centre.
Utility bills: $200-250 per month.
Food: $200-300 per month per person.
Transport: $150-200 per month by public transport or $250-300 per month by car.
Internet/mobile phone: $150 per month.
Clothing and leisure activities: $500-700 per month.
Frequently asked questions about salaries in New Zealand:
What is the average salary in New Zealand?
-
Before taxes, the average wage in New Zealand in 2024 is NZ$40.40 per hour
What is the minimum wage in New Zealand?
-
The minimum wage in New Zealand in 2024 is NZ$23.15 per hour.
What is the highest earning job in New Zealand?
-
The highest paying occupations in New Zealand are doctors, computer programmers and lawyers.
What is the lowest earning job in New Zealand?
-
The lowest income in New Zealand is received by representatives of unskilled labour – cleaners,
waiters, cook's assistants, loaders, shop assistants, maids and so on.
What is the average salary of programmers in New Zealand?
-
The average income of programmers in New Zealand is between NZ$4,580-12,500 per month.
What is the payroll tax in New Zealand?
-
The income tax rate in New Zealand depends on annual income and ranges from 10.5% (income up to $14,000) to 39% (income over $180,000).
What is the average salary in Wellington?
-
The average salary in Wellington in 2024 is NZ$8,000-9,000 per month.
What is the average salary in New Zealand?
- Before taxes, the average wage in New Zealand in 2024 is NZ$40.40 per hour
What is the minimum wage in New Zealand?
- The minimum wage in New Zealand in 2024 is NZ$23.15 per hour.
What is the highest earning job in New Zealand?
- The highest paying occupations in New Zealand are doctors, computer programmers and lawyers.
What is the lowest earning job in New Zealand?
- The lowest income in New Zealand is received by representatives of unskilled labour – cleaners, waiters, cook's assistants, loaders, shop assistants, maids and so on.
What is the average salary of programmers in New Zealand?
- The average income of programmers in New Zealand is between NZ$4,580-12,500 per month.
What is the payroll tax in New Zealand?
- The income tax rate in New Zealand depends on annual income and ranges from 10.5% (income up to $14,000) to 39% (income over $180,000).
What is the average salary in Wellington?
- The average salary in Wellington in 2024 is NZ$8,000-9,000 per month.
RELATED ARTICLES: