Cost Of Living Inflation Rate 2024 Nz. The cost of living for the average kiwi household has increased by 3.8% in the 12 months to the september 2024 quarter, according to figures released by stats nz today, with interest payments and insurance the largest. 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.

They said while inflation was running at just over 7%, household costs rose 8.2% over 2022 because of a 45% increase in household interest payments. Stats nz recorded higher prices for petrol, accommodation.