South KoreaSouth Korea

New Zealand

Compared with South Korea, using real observed prices.

Baseline: South KoreaSouth Korea = 1×

New ZealandNew Zealand vs South KoreaSouth Korea
Overall verdict

New ZealandNew Zealand is about 1.26× South KoreaSouth Korea.

Average across 5 categories, 7 items with data

The shape of prices (vs South KoreaSouth Korea = 1×)

How to read this

The centre line is South Korea. A bar running right means New Zealand is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.

← Cheaper than South KoreaSouth Korea South Korea = 1× New ZealandNew Zealand is pricier →
  • Utilities 2 items
    ×1.49
  • 🍔 Food & Dining 1 item
    ×1.32
  • 🎟 Leisure 1 item
    ×1.28
  • Transport 2 items
    ×1.12
  • 📱 Electronics 1 item
    ×1.12

Thin bar shows the range (cheapest to priciest item in the category)

In New Zealand, Electricity 1kWh (household) costs 1.7× what it does in South Korea — but Diesel 1L costs only 1.0×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

  • Electricity 1kWh (household) 1 kWh ×1.67
    New ZealandNew Zealand ₩319 USD 0.212
    South KoreaSouth Korea ₩191 USD 0.127
    Observed 2026-04-01 · GlobalPetrolPrices.com
  • Natural gas 1kWh (household) 1 kWh ×1.33
    New ZealandNew Zealand ₩146 USD 0.097
    South KoreaSouth Korea ₩110 USD 0.073
    Observed 2026-04-01 · GlobalPetrolPrices.com
  • Big Mac 1 burger ×1.32
    New ZealandNew Zealand ₩7,258 NZD 8.6
    South KoreaSouth Korea ₩5,500 KRW 5,500
    Observed 2026-01-01 · The Economist Big Mac Index
  • PC game (Cyberpunk 2077) 1 game ×1.28
    New ZealandNew Zealand ₩84,675 NZD 99.99
    South KoreaSouth Korea ₩66,000 KRW 66,000
    Observed 2026-07-27 · Steam Store
  • Gasoline 1L 1 L ×1.26
    New ZealandNew Zealand ₩2,800 USD 1.797
    South KoreaSouth Korea ₩2,223 USD 1.427
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • iPhone (base model, base storage) 1 unit ×1.12
    New ZealandNew Zealand ₩1,438,780 NZD 1,699
    South KoreaSouth Korea ₩1,290,000 KRW 1,290,000
    Observed 2026-07-27 · Apple official online store
  • Diesel 1L 1 L ×1.00
    New ZealandNew Zealand ₩2,205 USD 1.415
    South KoreaSouth Korea ₩2,205 USD 1.415
    Observed 2026-07-20 · GlobalPetrolPrices.com

See what really changed New Zealand

Big Mac, 2021 → 2026
At the timeUsing the exchange rate of each date
+25%
in NZD
6.9 → 8.6
vs
At today's rateUsing today's exchange rate
+32%
in KRW

It rose 25% in local currency, but 32% in yours. Most of what you feel is the exchange rate, not New Zealand's inflation.