Are you planning a road trip in New Zealand? One of the essential things you need to consider is the cost of gas. Gas prices can vary significantly depending on various factors, including global oil prices, currency exchange rates, and taxes imposed by the government.
In this article, we will discuss how much gas costs in New Zealand, the factors that affect gas prices, average gas prices in the country, regional variations in gas prices, and tips for saving money on gas.
Gas prices in New Zealand are heavily influenced by global oil prices, which can fluctuate significantly due to supply and demand factors. Currency exchange rates also play a role in determining gas prices, as the value of the New Zealand dollar relative to other currencies affects the cost of importing oil.
Additionally, the New Zealand government imposes taxes and levies on petrol and diesel fuel, which can account for a significant portion of the final cost of gas. The Excise Duty, for example, is a fixed tax charged on every litre of fuel sold in the country, while the ACC Levy is a fee imposed to fund the country’s accident compensation scheme.
The combination of these factors can result in fluctuating gas prices in New Zealand, making it a challenge for consumers to predict the cost of fuel accurately. However, understanding these factors can help you make informed decisions when planning your travel budget.
The average gas price in New Zealand varies depending on the type of fuel and the region. According to the Ministry of Business, Innovation and Employment, the average price of 91 octane gasoline in the country as of August 2021 was NZD 2.32 per litre, while diesel fuel cost NZD 1.93 per litre on average.
Compared to other countries, New Zealand’s gas prices are relatively high. In 2020, for example, New Zealand was ranked 42nd in the world for the highest gas prices, with an average cost of USD 1.32 per litre. However, this can vary significantly depending on the country and the region within the country.
In the next section, we will explore the regional variations in gas prices in New Zealand to help you plan your road trip budget effectively.
Average Gas Prices in New Zealand
Gas prices in New Zealand have been steadily increasing over the past few years, with the average cost of petrol increasing by more than 30 cents per litre between 2016 and 2021. This can be attributed to various factors, including rising global oil prices, increasing taxes and levies, and a weaker New Zealand dollar.
Compared to other countries, New Zealand’s gas prices are relatively high. In 2020, for example, New Zealand was ranked 42nd in the world for the highest gas prices, with an average cost of USD 1.32 per litre. However, this can vary significantly depending on the country and the region within the country.
Regional Variations in Gas Prices
Gas prices can vary significantly across different regions in New Zealand, with some areas having higher prices than others. According to the Ministry of Business, Innovation, and Employment, the North Island tends to have higher gas prices than the South Island, with Auckland having one of the highest average prices in the country.
The reasons for these regional variations can be attributed to various factors, including transportation costs, competition among retailers, and taxes and levies imposed by local governments. For example, some regions may have higher transportation costs, which can result in higher gas prices due to increased delivery costs.
Additionally, some regions may have fewer gas stations, resulting in less competition among retailers, which can lead to higher prices. Local governments may also impose additional taxes and levies on gas prices, leading to higher prices in certain regions.
When planning your road trip in New Zealand, it’s essential to consider these regional variations in gas prices to budget effectively. You may want to research gas prices in the areas you plan to visit to ensure that you are prepared for any regional differences in cost. Additionally, consider using fuel-efficient driving techniques and other tips to save money on gas and stretch your travel budget further.
Tips for Saving Money on Gas
While gas prices in New Zealand can be high, there are ways to save money on fuel during your travels. Here are some tips to help you reduce your gas expenses:
Fuel-efficient driving techniques
Practicing fuel-efficient driving techniques can help you save money on gas during your road trip. For example, accelerating slowly, maintaining a consistent speed, and avoiding excessive idling can all help you maximize your fuel efficiency. Additionally, keeping your tires properly inflated and avoiding overloading your vehicle can also help reduce fuel consumption.
Using public transportation
If you’re planning to explore cities during your travels, consider using public transportation instead of driving your car. This can be a cost-effective way to get around while also reducing your carbon footprint. Many cities in New Zealand have a comprehensive public transportation system, including buses, trains, and ferries.
Carpooling
If you’re traveling with friends or family, consider carpooling to share the cost of gas. This can help reduce your overall expenses while also providing a more social and engaging travel experience.
By using these tips, you can save money on gas during your travels in New Zealand while also minimizing your impact on the environment.
Conclusion
In conclusion, gas prices in New Zealand can vary depending on various factors, including global oil prices, currency exchange rates, and taxes imposed by the government. The average gas price in the country is relatively high compared to other countries worldwide. However, understanding the factors that affect gas prices and implementing fuel-efficient driving techniques, using public transportation, and carpooling can help you save money on gas during your travels.
At Gogo Gidget, we highly recommend considering these tips to help you stay within your budget while exploring the beautiful landscapes and cities of New Zealand. Happy travels!
