New Zealand cities rate as cheapest in Asia-Pacific
By Rebekah White
4:00 AM Wednesday Jun 30, 2010


Auckland and Wellington are cheaper to live in than any other major city in the Asia-Pacific region. Photo / Glen Jeffrey

Auckland and Wellington are cheaper to live in than any other major city in the Asia-Pacific region, according to a global survey.

Mercer's 2010 Worldwide Cost of Living Survey ranked Wellington 163rd out of 214 cities. Auckland had slightly greater living costs at 149th, equal with Aberdeen and just ahead of Johannesburg (150) and Kuwait City (151).

The higher-ranked the city is, the more expensive it is to live in.

Mercer senior associate Anthony Shippard said New Zealand's position on the list was "very good news".

"The cost of living within New Zealand is really one of the most reasonable in the whole of the Asia-Pacific region, and of the developed economies within the Asia-Pacific region, it really is the best."

Mr Shippard said New Zealand had an advantage in that its economy had not been as strongly affected by the recession as others. "The strength of the New Zealand economy and, really, the state of your currency, has meant that the US dollar is still able to buy significant international goods at reasonable costs within New Zealand."

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