2024 Cost Of Living Increase Rates Nz. The cost of living for the average new zealand household has increased 5.4% in the last 12 months to the june 2024 quarter, stats nz has revealed. In the year to december 2023, the increase was 7 percent.
In the hlpis, interest payments increased by 28 percent for the average household in the 12 months to the march 2024 quarter. New zealand’s consumer price index is projected to fall to 3.4 percent in 2024 before dropping to 2.6 percent in 2025.
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