Wellington vs Stockholm
Salary equivalence calculator
Price-level ratio 1.182. Adjust to recalculate.
| Metric | Wellington | Stockholm | Difference |
|---|---|---|---|
| Price level index (NYC=100) | 66.0 | 78.0 | +18.2% |
| Rent index (NYC=100) | 52.0 | 58.0 | +11.5% |
| Equivalent of NZ$120,000 | NZ$120,000 | NZ$141,818 | costlier |
- Stockholm is about 18% more expensive than Wellington, so you need a higher nominal salary to break even.
How far does your salary go in Stockholm?
Moving from Wellington to Stockholm changes your cost of living in ways a currency conversion can't capture. What matters is purchasing power: how much the same basket of housing, food, transport and services costs in each place. On our index, where New York City = 100, Wellington sits at 66.0 and Stockholm at 78.0.
That makes Stockholm roughly 18% more expensive. A salary of NZ$120,000 in Wellington translates to about NZ$141,818 in Stockholm. Above that and you gain in real terms; below it and you take an effective pay cut.
Housing drives the gap
Rent is the largest and most variable line in most budgets. Stockholm's rent index is 58.0 versus Wellington's 52.0.
Common mistakes
- Converting currency instead of purchasing power.
- Ignoring taxes, which vary by jurisdiction.
- Forgetting one-off relocation costs.
Bottom line
Stockholm is about 18% more expensive than Wellington, so you need a higher nominal salary to break even. Use the calculator to plug in your real salary and compare against any concrete offer.
Rent equivalence: Wellington vs Stockholm
Based on the rent-index ratio of 1.115 (Wellington 52.0 vs Stockholm 58.0, NYC = 100).
Housing is usually the biggest single difference between two cities, and it moves independently of the overall price level. Renting the equivalent home in Stockholm costs about 12% more than in Wellington. Enter your actual rent above to see what a like-for-like place would cost after you move — a more honest gauge of affordability than a raw salary conversion, since renters and owners feel very different impacts.
Frequently asked questions
What salary do I need in Stockholm to match Wellington?
To keep the same standard of living as NZ$120,000 in Wellington, you would need roughly NZ$141,818 in Stockholm, a price-level ratio of 1.18.
Is Stockholm more expensive than Wellington?
Yes, by about 18% on the overall price level.
How much is rent in Stockholm compared to Wellington?
Rent in Stockholm is about 12% higher than in Wellington (rent indices 52.0 vs 58.0, NYC = 100). Use the rent calculator on this page for your exact figure.
How is the equivalent salary calculated?
We multiply your salary by the ratio of the two cities' composite price-level indices (housing, food, transport, services), benchmarked so New York City = 100.
Methodology
We build a composite price-level index for each city from official regional price parities and international purchasing-power parities across housing, food, transport and services, normalized so New York City = 100. The equivalent salary is your salary multiplied by the ratio of the destination index to the origin index. It estimates the income needed to hold real purchasing power constant and does not model taxes.