How does America's cost of living compare to New Zealand's? | 1News Explains

The cost of living is a huge concern globally and shows little sign of improvement. Both the United States of America and New Zealand are rated highly as countries with good opportunities and living conditions, so how do they compare in terms of the cost of living crisis? Which country gives you more bang for your buck? Chapters: 00:00 Introduction 00:36 Coffee 01:03 Fuel 01:50 Meals 02:08 Groceries 02:26 Healthcare 02:59 Rent 03:32 House prices 04:03 Wages 04:34 University/College 05:12 The result Check out the three areas where New Zealand consumers do better than the United States - and the three where they do far worse: https://www.1news.co.nz/2024/05/05/pr... This information provides a snapshot as there are many variables in cross-country comparisons. - Due to the immense volume of comments 1News videos attract, we've made the decision to hold all comments for review, and in some cases, turn them off entirely. 1News is a media outlet based in New Zealand, and could potentially be liable for any comments that defame others or breach New Zealand law. Our content receives thousands of comments each day, and we lack the capacity to moderate that volume without holding comments for review. This decision ensures that our platform remains a safe and compliant space for all viewers. We appreciate your understanding and continued support. - Subscribe to 1News: bit.ly/1NewsYouTube | For the latest news from Aotearoa and overseas: https://www.1News.co.nz This is the official channel of TVNZ's 1News, where we deliver the latest news, in-depth journalism and expert analysis from reporters you can trust. Subscribe for news and current affairs reports from 1News, Seven Sharp, Breakfast, Q+A, Fair Go and Sunday.