In 2023, the average weekly household expenditure on mortgage repayments in New Zealand came to around 605 New Zealand dollars. This marked a signficant rise in average weekly mortgage repayment expenditure from the previous year.
Average weekly household expenditure on mortgage repayments in New Zealand from 2014 to 2023
(in New Zealand dollars)
Characteristic
Average expenditure in New Zealand dollars
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One New Zealand dollar is equal to approximately 0.59 U.S. dollars and 0.56 euros (as of April 2024).Â
Values refer to New Zealand resident population living in private dwellings.
Values exclude: - overseas visitors who are in the country for less than 12 months. - people living in non-private dwellings. - patients in hospitals. - members of the permanent armed forces in group living facilities. - people living on offshore islands excl. Waiheke Island. - members of the non-New Zealand armed forces. - non-New Zealand diplomats and their families.
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Figure.NZ. (February 22, 2024). Average weekly household expenditure on mortgage repayments in New Zealand from 2014 to 2023 (in New Zealand dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1364170/new-zealand-average-weekly-expenditure-on-mortgage-repayments/
Figure.NZ. "Average weekly household expenditure on mortgage repayments in New Zealand from 2014 to 2023 (in New Zealand dollars)." Chart. February 22, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1364170/new-zealand-average-weekly-expenditure-on-mortgage-repayments/
Figure.NZ. (2024). Average weekly household expenditure on mortgage repayments in New Zealand from 2014 to 2023 (in New Zealand dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1364170/new-zealand-average-weekly-expenditure-on-mortgage-repayments/
Figure.NZ. "Average Weekly Household Expenditure on Mortgage Repayments in New Zealand from 2014 to 2023 (in New Zealand Dollars)." Statista, Statista Inc., 22 Feb 2024, https://www.statista.com/statistics/1364170/new-zealand-average-weekly-expenditure-on-mortgage-repayments/
Figure.NZ, Average weekly household expenditure on mortgage repayments in New Zealand from 2014 to 2023 (in New Zealand dollars) Statista, https://www.statista.com/statistics/1364170/new-zealand-average-weekly-expenditure-on-mortgage-repayments/ (last visited July 22, 2024)
Average weekly household expenditure on mortgage repayments in New Zealand from 2014 to 2023 (in New Zealand dollars) [Graph], Figure.NZ, February 22, 2024. [Online]. Available: https://www.statista.com/statistics/1364170/new-zealand-average-weekly-expenditure-on-mortgage-repayments/
