Auckland in the North Island of New Zealand, is the largest and most populous urban area. Most major international corporations have an Auckland office, as the city is the economic capital of the nation. New Zealand is in Oceania, and comprises islands in the South Pacific Ocean, southeast of Australia. Temperate with sharp regional contrasts. Predominately mountainous with some large coastal plains. The official languages are English and Maori. Maori is only used in New Zealand and despite its official status, its speakers (estimated to be around 130,000 in total) struggle against it being lost. The main religion is Christianity. The Economy of New Zealand is a market economy which is greatly dependent on international trade, mainly with Australia, the European Union, the United States, China and Japan. It has only small manufacturing and high-tech sectors, being strongly focused on tourism and primary industries like agriculture (though both sectors are highly profitable). The population in Auckland is 1.5 Mil (2014 est.), while the inflation rate is 1.6% (2014 est.).
Cost Of Living
The cost of living for expatriates in Auckland as at 1 October 2014 is very high in comparison to other places in the world. In Auckland, the cost of each basket, based on local prices, compared to the international average in USD, is categorized follows: 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: Very High 3) Communication: Very High 4) Education: Low 5) Furniture & Appliances: High 6) Groceries: High 7) Healthcare: Very High 8) Household Accommodation: High 9) Miscellaneous: Very High 10) Personal Care: Very High 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: Very High 13) Transport: Very High Auckland is for example 28% more expensive than Montevideo for groceries, 24.3% more expensive for household costs than Durban, and 29.7% more expensive for transport costs than Athens. Auckland is ranked as a minimal hardship location. Hardship (also know as quality of living) refers to the degree of hardship an expatriate and their family are likely to experience in the host location. Hardship pay is compensation to encourage people to move, in particular to less desirable locations. In determining the amount of hardship premium payable, factors such as economic, political, religious, infrastructure, environment/climate, personal safety, health, education, and transportation factors are considered. The hardship premium for Auckland for an expat from Zurich is for example 0%, i.e. host location (Auckland) premium of 10% minus home (Zurich) location premium of 10%. Xpatulator.com has been created to assist subscribers calculate expatriate pay using the online calculators and extensive database of cost of living and hardship indexes, for 780 international locations. Want to know more about cost of living, hardship or expat pay in Auckland? Register subscribe to your home location and Auckland and run your personalised reports.