Cost Of Living Increase 2024 Nz 2024. To calculate each city's price index value, we start by assigning a value of 100 to a central reference city (that happens to be prague). The increase in living cost was higher for every household group in the december 2021 quarter compared with the december 2020 quarter, with living cost increases ranging from 4.8.
Main benefits to increase by the rate of inflation, meaning a family on a benefit with. This is an increase of $1.80 on the 2023/24 rate, which is in line with a 6.9% increase in new zealand’s average ordinary time.