A number have people have asked us the prices of various staples here in the UK so I thought I’d do a quick blog entry on basic items here in the UK and rough NZ price equivalents. The exchange rate is currently around 50p to 1NZ$, so just double the British pounds to get the NZ$ equivalent.
The first major one that is a global talking point is the price of fuel. Diesel seems to be very expensive here compared to NZ with it being more expensive than 91 grade petroleum. Today 91 is priced at £1.89 and diesel at £1.99 (roughly NZ$4 whereas in Auckland we understand 91 is retailing at around $3.03 and diesel a few cents less).
At the supermarket we did a quick price check…butter is £2.40 for 250gms, a 500gm pack which is the usual size in NZ is a rarer sight here but I did find a 500gm pack at Sainsbury’s for £3.50, which is about the same full price in NZ although we buy it when it’s on special for around NZ$5.
Milk is £1.35 For a 2.7litre bottle (4 pints) whereas it is anything upwards from $NZ4 for a 2 litre bottle.
Cheese (tasty) is £4.40 for a 550gm block, again, kilo blocks of cheese are hardly in UK supermarkets but in NZ a 1kg block of tasty cheese can be up to NZ$21 in some supermarkets. Again, we buy it when it’s on special.
A tin of tomatoes is 28p….and anyone buying tinned tomatoes in NZ will know that since the pandemic the price has risen considerably and it’s now hard to find a tin for under NZ$1.
A whole chicken is as low as £2.50, of course you can pay a lot more for larger sizes and free range/organic but I’m pretty sure that a standard chicken is around the NZ$10. Meat, specifically beef, is expensive in the UK as you can see from the photo below, admittedly this was taken at Borough Market where prices are much higher.
It’s difficult to compare prices of fresh fruit and veg as they are very seasonal with it summer here in the UK and winter in NZ but you can buy 2 large punnets of strawberries for £3 or NZ$6. Bananas were 78p/kilo, cauliflower 82p for a whole one, tomatoes 75p/kilo.
You can buy spirits at the local supermarket with a litre bottle of Captain Morgan Rum for around £15 whereas that would be $60 in NZ.
House prices seem to be on a par with Auckland prices, you cannot get very much for the equivalent of NZ$1million in the suburbs around London. Apartments, flats, maisonettes and the like are also similar prices to Auckland. But in other areas there are much more affordable prices depending on your budget.
Electricity and gas prices are difficult for us to compare…..but I am assured that prices have risen in some cases over 150% here in the UK over the past year making it a major expense.
Car insurance is compulsory and each driver must be named on the policy for the specific car to be road legal, something that NZ should consider, even if it’s just 3rd party insurance. No insurance? No excuses, your car is seized immediately and you make your own way home.
The cost of living and inflation rates are high on the news reel each day with some speculating inflation will rise to 11% in the UK in the next few months.
Generally we have found the cost of groceries to be about half of what we would pay at the supermarket in NZ, taking into account the exchange rate. However, we tend to think of a pound as a dollar and don’t bother to convert, otherwise we’d end up doing very little!