Cost Of Living Increase 2024 To 2024 Nz. The cost of living for the average kiwi household has increased by 3.8% in the 12 months to the september 2024 quarter, according to figures released by stats nz today, with interest. The cost of living for the average new zealand household increased by 7.0% in the 12 months to the december 2023, way more than the official rate of inflation of 4.7%.

The good news is that, while the price of simply existing keeps rising, it’s rising at a slower rate. Interest rates are also much higher than they were a year or two ago.