Bay of Plenty Times
  • Bay of Plenty Times home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Sport
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
  • Sport

Locations

  • Coromandel & Hauraki
  • Katikati
  • Tauranga
  • Mount Maunganui
  • Pāpāmoa
  • Te Puke
  • Whakatāne
  • Rotorua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Thames
  • Tauranga
  • Whakatāne
  • Rotorua

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Bay of Plenty Times

Tauranga ranked ninth least affordable city in the world

Kiri Gillespie
By Kiri Gillespie
Assistant News Director and Multimedia Journalist·Bay of Plenty Times·
22 Jan, 2017 08:09 PM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Tauranga has been ranked the ninth least affordable city in the world to live in. Photo/file

Tauranga has been ranked the ninth least affordable city in the world to live in. Photo/file

The Tauranga housing market has ranked the region the ninth-least affordable city in the world to live in.

The Demographia International Housing Affordability Survey assessed the median house price and incomes of 406 cities around the world and concluded that Tauranga, which included the Western Bay of Plenty, was "severely unaffordable".

The survey results were released today and showed Hong Kong, Sydney, and Vancouver were the three least affordable cities to live in. These were followed by Santa Cruz and Santa Barbara in the United States, Auckland, and Wingcaribee and Tweed Heads in Australia.

The survey rated middle-income housing affordability using the median house price divided by the median household income to produce a rating. Affordable ratings were ranked 3.0 and under; moderately unaffordable was 3.1 to 4.0; seriously unaffordable was 4.1 to 5.0 and severely unaffordable was 5.1 and over.

Tauranga scored 9.7.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Nationally, Tauranga came in second to Auckland (10.0) as the least affordable city followed by Hamilton (6.2), Christchurch (5.9), Wellington (5.8) and Napier-Hastings (5.7). Palmerston North (4.7) was the most affordable city in New Zealand, the survey found.

The survey results have been released each year over the past 13 years.

Last year Tauranga recorded a score of 8.1, and in 2015 it had a rating of 6.8.

Advertisement
Advertise with NZME.

The survey recorded Tauranga's median price as $591,000 compared to a median household income of $61,200.

Save

    Share this article

Latest from Bay of Plenty Times

Bay of Plenty TimesUpdated

Substation fault cuts power to thousands in Tauranga

11 Jul 03:01 AM
Bay of Plenty Times

Theatre stalwart's triumphant return after PTSD recovery

11 Jul 02:00 AM
Bay of Plenty Times

'Moments are priceless': Silver Ferns stars reunite for TV reality show

11 Jul 12:00 AM

From early mornings to easy living

sponsored
Advertisement
Advertise with NZME.

Latest from Bay of Plenty Times

Substation fault cuts power to thousands in Tauranga

Substation fault cuts power to thousands in Tauranga

11 Jul 03:01 AM

Power was cut to 21,529 customers at 12.30pm in Tauranga.

Theatre stalwart's triumphant return after PTSD recovery

Theatre stalwart's triumphant return after PTSD recovery

11 Jul 02:00 AM
'Moments are priceless': Silver Ferns stars reunite for TV reality show

'Moments are priceless': Silver Ferns stars reunite for TV reality show

11 Jul 12:00 AM
Home-schooled students ride 755km to Parliament for equal sports access

Home-schooled students ride 755km to Parliament for equal sports access

10 Jul 11:07 PM
Solar bat monitors uncover secrets of Auckland’s night sky
sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Bay of Plenty Times e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Bay of Plenty Times
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Bay of Plenty Times
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP