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 a bank's debt-to-income limit points to for a median-priced home with a 20% deposit.
Cities where buyers need the most income
Cities where buyers need the least income
Figures are the gross income at which an 80% mortgage on a median-priced home is 6 times income, the debt-to-income level the RBNZ holds most owner-occupier lending to. Median prices are indicative early-2026 estimates (REINZ and CoreLogic) — 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 2026–27 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 PAYE rate
$75,000 salary
19.63%
effective PAYE rate
$100,000 salary
22.88%
effective PAYE 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 1.75% ACC earner levy (2026–27 rate) for total deductions. See the full tax brackets guide.
How Many New Zealanders Earn Each Income Band?
IRD's tax data for the year ended 31 March 2026 shows how wage and salary income is spread across 2.84 million earners — see where the bulk of Kiwis actually sit, and where you fit in.
$61,958
Median individual income
Number of individual wage and salary earners by income band (thousands), year ended 31 March 2026: official IRD tax data covering 2.84 million earners and $199.7 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.