New Zealand's Free Financial Calculators
MoneyBalance is a free personal finance toolkit built around New Zealand's own rules. No more trying to make another countries calculators work for your needs.
What Income It Takes to Buy a Home
Housing affordability varies enormously by city. Here's the approximate individual income needed to service a median-priced home, at a 20% deposit and 30-year term.
Cities where buyers need the most income
Cities where buyers need the least income
Figures are the approximate individual income needed to service a median-priced home with a 20% deposit at 5.55% over 30 years, based on RBNZ DTI restrictions (6× income cap). Indicative 2026 estimates from REINZ and CoreLogic data — see the full city-by-city house price and affordability breakdown.
Income Tax Brackets at a Glance
New Zealand's progressive tax system means higher rates only apply to the portion of income above each threshold. Here's how the 2025–26 brackets break down.
10.5% up to $15,600
17.5% $15,601–$53,500
30% $53,501–$78,100
33% $78,101–$180,000
39% above $180,000
$50,000 salary
15.32%
effective tax rate
$75,000 salary
19.63%
effective tax rate
$100,000 salary
22.88%
effective tax rate
These are marginal rates — moving into a higher bracket only increases tax on the income above that threshold, not your whole salary. Add the 1.67% ACC earner levy for total deductions. See the full tax brackets guide.
How Many New Zealanders Earn Each Income Band?
IRD's 2025 tax data shows exactly how wage and salary income is spread across 2.87 million earners — see where the bulk of Kiwis actually sit, and where you fit in.
$59,908
Median individual income
Number of individual wage and salary earners by income band (thousands), year ended 31 March 2025 — official IRD tax data covering 2.87 million earners and $194.4 billion in total wage and salary income. See the full average salary breakdown.
Recently Updated
NZ tax brackets, KiwiSaver settings and bank rates change often — here's what we've most recently reviewed or updated.