Thames, Waikato

New Zealand · Comprehensive city data and intelligence

72
Overall Score

Thames, nestled at the southwestern tip of the Coromandel Peninsula in New Zealand's North Island, is a town steeped in history, particularly its gold mining past. This heritage is visible in landmarks like the Thames School of Mines, drawing visitors interested in the region's rich past. Beyond its historical significance, Thames boasts a vibrant arts community and a dynamic local calendar of events, offering a unique blend of culture and heritage. People are drawn to Thames for its distinctive town feel, merging historical charm with a lively local atmosphere, making it a notable settlement within the broader Waikato region.

About Waikato

Waikato, located in the central North Island, is characterized by its fertile agricultural lands, diverse natural environment, and a relaxed lifestyle. The economy is robust and diverse, with major industries including agriculture (especially dairy farming), forestry, manufacturing, energy generation (geothermal and hydroelectric), and a growing technology sector. Living in Waikato generally offers a more affordable cost of living compared to larger cities like Auckland, with Hamilton, the region's largest city, providing relatively lower housing costs. The region experiences a temperate climate with warm, humid summers and mild winters, and generally plentiful rainfall year-round, though specific conditions vary across its diverse landscapes. Residents enjoy a lifestyle that balances rural tranquility with access to urban amenities, outdoor activities, and a strong sense of community.

7,230
Population
$57K
Avg Salary
95
Cost Index
72.0
Quality Score

Quality Scores

Business
68
Livability
74
Affordability
65
Growth
70

Cost of Living

The cost of living in Thames is generally considered more affordable than in major New Zealand cities like Wellington. While dining out might be slightly more expensive than in Wellington, grocery costs tend to be lower, contributing to overall savings. Utilities, such as electricity, heating, cooling, water, and garbage, for an apartment can amount to approximately NZ$325.43 per month, with mobile phone plans and broadband internet adding to these costs. The cost of living index for Thames is estimated to be around 95, suggesting it is slightly below the US average.

Average Rent
$1,656/mo
Groceries
$350/mo
Transport
$90/mo
Utilities
$325/mo
Healthcare
$250/mo
Cinema ticket
$23.00
Restaurant meal (mid-range)
$25.03
Monthly groceries
$350.00
1BR Apartment (city centre)
$974.00
2BR Apartment (city centre)
$1,676.00

Salary Insights

The job market in Thames and the wider Thames-Coromandel District has seen varied performance. While some sectors like agriculture and fishing show promise, others reliant on discretionary spending have faced declines. Employment growth has been modest, with healthcare, fishing, and agriculture being key contributors to job creation. The unemployment rate in the Thames-Coromandel District rose to 4.5% in the year to June 2024, which is the district's highest level in a decade and above the national average. New business registrations have seen fluctuations, with a decrease in registrations and an increase in deregistrations in some periods, though recent data shows an increase in new business registrations.

The average salary in Thames is $56,880 per year. You would need approximately $55,000 to live comfortably.

Top Industries

Healthcare Retail Agriculture Fishing Forestry

Climate

🌡️
Avg Temp
☀️
Summer High
❄️
Winter Low
🌧️
"
Annual Rain
💧
%
Humidity
🌤️
Sunny Days

Transport

Transportation in Thames appears to be primarily car-dependent, as indicated by a medium car dependency. Public transport options and walkability scores are not extensively detailed in the provided data, but the transit score is estimated at 55 and walkability at 60, suggesting moderate accessibility. The average commute time is not explicitly stated, but traffic is generally not a major concern, with a traffic index of 45.

min
Avg Commute
55.00/10
Transit Score
60.00/10
Walkability
Medium
Car Dependency

Pros & Cons

Advantages
Affordable cost of living compared to major New Zealand cities.
Rich gold mining history and a vibrant arts community.
Relatively safe environment with a lower crime rate than the national average.
Scenic location at the southwestern end of the Coromandel Peninsula.
Moderate car dependency and decent transit/walkability scores.
Drawbacks
Rising unemployment rate, reaching a decade-high in the Thames-Coromandel District.
High average house prices despite recent falls, making homeownership challenging.
Higher median age compared to the national average, potentially indicating an aging population.
Economic conditions can be challenging, with some industries declining.
Crime rate in the wider district has seen an increase.

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