Interactive: See how your household income compares

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1.
What to include?
2.
How many people are in your household?
aged 15+
  
-15
3.
Use the slider below to estimate where you fit.
How to decide?
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Poorest
Richest
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How is this calculated?

How is this calculated?

The calculator adjusts your total income to enable comparisons between different households. (By looking solely at income, it leaves out other components of wealth, such as property.)

The calculator applies an OECD scale that recognises larger households need higher incomes than smaller households to have the same standard of living.

It also acknowledges economies of scale. For instance, a couple renting a two-bedroom flat will usually spend less than they would have as two individuals, each renting a one-bedroom flat. Children also require less than adults.

To do this, household income is divided by 1 for the first adult, plus 0.5 for each additional person aged 15 or older, plus 0.3 for each child under 15.

For example, a family of two adults and two children needs 2.1 times more income than a lone- person household to have the same standard of living. (1 + 0.5 + 0.3 + 0.3 = 2.1) .

The chart shows percentiles of the income distribution. A percentile of, say, 55 means 55 per cent of people have an adjusted household income below yours.

Income data used to calculate the percentile comes from Statistics NZ

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Are you as well off as you think you are? Compare your household's income to the rest of New Zealand with our income calculator. 

The calculator takes into account all types of income before tax and the number of adults (over 15) and children (under 15). 

It then calculates equivalised income to enable a fair comparison between households with different numbers of people. 

The data has been provided by Statistics New Zealand.

READ MORE:
It's not so tough at the top while bottom 'ignored'
Richest 10 per cent own $436b: research
NZ should consider Oz mortgage controls


 

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The biggest income gains have been made at the top of New Zealand society since 2007.

The biggest income gains have been made at the top of New Zealand society since 2007.

 - Stuff

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