New Zealand is Comparable to all OECD Countries
New Zealand manufactures a wide range of competitively-priced consumer goods of a similar style and standard to those found overseas. For items we need to import, such as cars, electrical and computer equipment and petroleum products, costs are on a par or are cheaper than in other comparable countries.
A Goods and Service Tax (GST) of 12.5% applies to everything except income and financial transactions.
Compare Costs for some Standard Items:
Washing machine
5kg electronic
NZ$850
Round of golf 18 holes
NZ$20 - $100
Cup of coffee
NZ$3.50
40” LCD flat screen television
NZ$2,599
Pair of jeans
NZ$100 - $200
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Movie ticket
NZ$15
Ford focus
2.0L, 5 speed manual
5 door hatch
NZ$32,000
Litre of petrol
NZ$2.10
Car insurance
NZ$350/year
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Prices may fluctuate
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