Cost Of Living Crisis Nz 2024. The cost of living for the average new zealand household increased 7.0 percent in the 12 months to the december 2023 quarter, according to figures released by stats nz today. A key use of the cpi is monetary policy, while the hlpis’ is to provide insight into the cost of living for different household groups.

High interest rates forcing kiwi homeowners to sell up, take second job or move to australia. Tens of thousands more children are living in poverty, a backwards slide reflecting the cost of living crisis and high inflation, new data shows.