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Cost Of Living News - Latest Updates & Headlines

New Zealand households continue to face pressure of housing costs

Wellington, Feb 20: Nearly 20 per cent of New Zealand households spent 40 per cent or more of their income on housing in the year ended June 2024, up from 18.2 per cent of households the previous year, according to figures released by the statistics department Stats NZ on Thursday.

New Zealand household living costs up by 3 per cent

Wellington, Feb 3: The cost of living for the average New Zealand household increased 3 per cent in the 12 months to the December 2024 quarter, following a 3.8 per cent increase in the 12 months to the September 2024 quarter, according to the statistics department Stats NZ on Monday.