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Net Worth Calculator

Calculate your net worth (assets − liabilities) and compare to the NZ median household ($397k). Tracks home, KiwiSaver, investments, mortgage, and debts.

By Konstantin IakovlevPublished 28 March 2026Last reviewed
Data stays on your deviceStats NZ data

About this calculator

This calculator implements household net wealth survey (2024 HES) from Stats NZ + MoneyHub. Last consulted 18 May 2026. Verify the figures yourself by following the link.

NZ household net worth benchmarks

Stats NZ HES 2024
  • Median household net worth: $397,000
  • Top 20% threshold: ~$1.55M
  • Bottom 20% threshold: ~$45,000
  • Home equity median: $510,000
  • Median KiwiSaver balance (45-49): ~$54,000

Source: Stats NZ — Household Economic Survey

Disclaimer

This calculator provides estimates for general information purposes only. Results should not be relied upon as professional financial, tax, or legal advice. Tax rates and thresholds are based on publicly available IRD data and may change. Always consult a qualified tax agent or financial adviser for advice specific to your circumstances.

How NZ net worth is calculated

Net worth = total assets − total liabilities. Both flow and stock measure of wealth.

  1. 1

    Sum all assets

    Assets = home + KiwiSaver + investments + cash + vehicles + other

    Use current market value for the home, not purchase price.

  2. 2

    Sum all liabilities

    Liabilities = mortgage + student loan + credit cards + personal/car loans + other debts

    Include any HP, AfterPay balances etc.

  3. 3

    Net worth = assets − liabilities

    Net_worth = total_assets − total_liabilities

    Track quarterly to see trend.

  4. 4

    Compare to NZ median

    vs_median = (your_net_worth − $397,000) ÷ $397,000 × 100%

    Stats NZ HES 2024 median household net worth.

Worked example

Inputs: Home $900k, KS $80k, savings $20k, mortgage $480k, no other debt

Result: Assets $1,000,000 − Liabilities $480,000 = Net worth $520,000 (+31% vs NZ median).

Frequently Asked Questions

How is net worth calculated in NZ?
Net worth = total assets − total liabilities. Common assets include your home (market value), KiwiSaver balance, term deposits, vehicles (current value), and other investments. Common liabilities include the mortgage balance, student loan, credit card debt, personal loans, and HP. Stats NZ Household Economic Survey (2024) puts the median household net worth at $397,000. Source: Stats NZ HES.
Should I include my home in net worth?
Yes — both your home (at market value) and the mortgage balance. Some advisers separate "net worth" (everything) from "investable assets" (excluding the home you live in) since you can't spend home equity without selling. Both views are useful for tracking progress. Source: MoneyHub.
How does NZ household net worth compare to other countries?
NZ has high household net worth by OECD standards, driven by housing. Per Credit Suisse Global Wealth Report 2024, NZ ranks #6 globally by median wealth at ~US$248,000 (NZ$397,000) — behind Australia (#1 at US$496k), Belgium, Luxembourg, Hong Kong, and the UK. But about 60% of NZ household wealth is locked in the family home. Stripping out home equity, NZ ranks ~20th — well below Australia and the UK. This 'asset-rich, income-poor' profile is why so many Kiwis feel financially stretched despite high net worth. Source: Stats NZ HES + Credit Suisse 2024 + RNZ analysis.
How often should I recalculate my net worth?
Quarterly is the sweet spot for most people. Annual is the minimum (do it at tax-year end, 31 March). Track it monthly only if you're actively managing investments or paying down debt aggressively — daily tracking causes anxiety, not better decisions. Major life events that warrant immediate recalculation: buying or selling a home, redundancy, inheritance, divorce, starting a business, having a child, or any large purchase or debt change. Use the same valuation method each time (e.g. Homes.co.nz CV for the house, last KiwiSaver balance, current TD account balances). Consistency matters more than precision. Source: Sorted NZ.

The net worth calculator adds up everything you own, subtracts everything you owe, and compares the result with the Stats NZ median household net worth of $397,000 — the single best snapshot of your financial position.

How this calculator works

Net worth is assets minus liabilities. On the asset side, use current market values — what your home would sell for today (not what you paid), your KiwiSaver balance, other investments, cash savings, and vehicles at realistic resale value. On the liability side, include the mortgage balance, student loan, credit cards, car and personal loans, and buy-now-pay-later balances. The single number matters less than its trend: tracking quarterly shows whether your position is compounding or eroding, independent of how busy your income statement looks. For context, the Stats NZ Household Economic Survey puts the median NZ household at $397,000, the top 20% threshold near $1.55 million, and the bottom 20% under about $45,000 — and roughly half of median household wealth sits in home equity, which is why renters and owners at the same salary often diverge sharply over a decade.

NZ household net worth benchmarks (Stats NZ HES)

Median household net worth$397,000
Top 20% threshold~$1,550,000
Bottom 20% threshold~$45,000
Median home equity (owner households)~$510,000
Median KiwiSaver balance (age 45-49)~$54,000

Stats NZ Household Economic Survey; medians move with each survey wave.

Worked Examples

Homeowner: house $900k, KiwiSaver $80k, savings $20k, mortgage $480k, no other debt

Net worth $520,000 — about 31% above the NZ median.

  1. Assets: $900,000 + $80,000 + $20,000 = $1,000,000
  2. Liabilities: $480,000
  3. Net worth: $1,000,000 − $480,000 = $520,000
  4. vs median: ($520,000 − $397,000) ÷ $397,000 ≈ +31%

Renter: KiwiSaver $35k, savings $12k, car $15k, student loan $28k, credit card $4k

Net worth $30,000 — positive, and the trend matters more than the level at this stage.

  1. Assets: $35,000 + $12,000 + $15,000 = $62,000
  2. Liabilities: $28,000 + $4,000 = $32,000
  3. Net worth: $62,000 − $32,000 = $30,000

Built and maintained by Konstantin Iakovlev. Data sourced from the IRD and official New Zealand government sources.

Last reviewed: