How Much Does It Cost To Study In New Zealand: Studying abroad can be a transformative experience. One such destination is New Zealand, known for its beautiful landscapes, friendly locals, and high-quality education. For Indian students, studying in New Zealand can be an exciting opportunity, but it’s important to understand the costs involved. This blog will break down the various components of studying in New Zealand and provide a comprehensive understanding of the expenses.
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How Much Does It Cost To Study In New Zealand?
The cost of living in New Zealand varies based on factors like lifestyle and city of residence. For tertiary students, the estimated annual budget ranges from NZD13,000 to NZD16,000, encompassing various expenses.
| Expenses | The weekly average cost in NZD |
| Food & beverages | 136.50 |
| Clothing & footwear | 16.70 |
| Housing & household utilities | 202.10 |
| Household content & services | 32.20 |
| Health | 34.90 |
| Transport | 79.50 |
| Communication | 23.80 |
| Recreation & culture | 64.20 |
| Education | 15.30 |
| Miscellaneous goods & services | 71.70 |
| Other expenses | 56.20 |
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Tuition Fees
Tuition fees are the primary cost associated with studying in New Zealand. These fees vary depending on the course and the university. Some universities some scholarships for international students, which can significantly reduce the overall cost. Check out the below table for a detailed understanding of the annual fees of different degrees.
| Study Program | Annual fees in NZD |
| Undergraduate degree | 20,500 – 25,000 annually |
| Master’s degree | 19,000 – 29,000 annually |
| Doctoral degree | 6,500 – 9,000 annually |
| MBA | 31,000 – 50, 000 annually |
Living Expenses
Living in New Zealand comes with its own set of expenses. Some of the cheapest cities to live in New Zealand include Wellington, Hamilton, Auckland, and Christchurch. Accommodation, food, health insurance, and transportation are some of the major costs. Depending on where you live, accommodation can range from shared flats to private apartments. Check out the below table for a detailed understanding of accommodation type.
| Accommodation type | Cost per week in NZD |
| Hall of Residence (on-campus accommodation) | 210-555 |
| Hostels and Guesthouses | 140-210 (20 – 30 per night) |
| Shared Rental | 120 |
| Private flat | 180 |
Also Read: Are you planning the next step of your career in New Zealand? Calculate the Cost Of Studying In New Zealand in our specified blog for you!
Transportation
Transportation is another significant cost. While some universities provide shuttle services to and from campus, many students rely on public transport. Regional trains, buses, and subways are commonly used for short distances, especially in urban areas. For longer distances, options include long-distance buses, rail, air, ferries, and water taxis.
Taxes
As an Indian student in New Zealand, you are required to acquire an Inland Revenue Department (IRD) number. This allows you to work up to 20 hours per week during academic sessions and full-time during vacations. Any income earned will be taxable. Therefore, it’s crucial to factor in potential tax liabilities when budgeting.
FAQs on how much does it cost to study in New Zealand
Yes, international students in New Zealand can work part-time, up to 20 hours per week during academic sessions, and full-time during vacations, with the acquisition of an IRD number.
Yes, students in New Zealand can choose from various accommodation types, including Hall of Residence (on-campus), hostels, shared rentals, and private flats.
Acquiring an Inland Revenue Department (IRD) number is mandatory for Indian students in New Zealand. It allows students to work up to 20 hours per week during academic sessions and full-time during vacations.
Yes, some universities in New Zealand offer scholarships for international students, helping to significantly reduce tuition fees.
The weekly average cost for food and beverages in New Zealand is approximately NZD 136.50.
Thank you for reading our blog. This blog was all about the cost of studying in New Zealand. For booking the best accommodation abroad to start your study abroad experience you can contact Fly Homes at 1800572118.
