About ASG's Education Costs Calculators

  • ASG provides these calculators as a tool for parents to estimate the future costs of their children's education.
  • The calculator enables parents to plan for their education choices and better understand the financial outcomes of those choices. 
  • These figures have been rounded to the nearest dollar amount, and provided as a guide only.
  • The impact of the Consumer Price Index (CPI) changes have been considered in calculating all total figures, and where applicable the relevant sub-index group has been applied accordingly to estimated costs.
  • ASG has endeavoured to provide a reasonable basis for planning, however no allowance has been made for the possibility that GST may be applied to education fees. These figures are the estimated costs parents and families could expect to pay. Figures have been rounded and are provided as a guide only. ASG cannot guarantee that they will represent the actual costs of education for a particular child.

Primary school and secondary school calculator FAQs

How have the schooling estimates been collected?

ASG conducted an online education costs survey among its members during September 2017. The surveys covered primary and secondary school. In all, ASG received more than 300 survey responses. The survey asked parents to estimate the costs associated with tuition fees and levies (including voluntary contributions), extracurricular activities, clothing, necessities such as books and stationery, travel expenses and computer costs (including internet) that they paid for their children in primary or secondary schooling at state, state integrated, and private schools.

Estimates of expenditure, being based on a sample rather than a census, are subject to sampling error.  As such there is a level of uncertainty about actual expenditure, which depends on the sample size and inherent variability of expenditure.  In order to reduce this uncertainty, cost estimates for 2017 were derived using a combination of 2013 and 2015 survey data, adjusted for inflation reported by Statistics New Zealand, as well as survey data from 2017.  

Indexation

To provide these estimates, derived 2018 costs are increased at an average growth rate, based on the past 10 years of the relevant Consumer Price Index (CPI). Projecting future economic performance is not ASG's area of expertise and it makes no claims to this effect. Nevertheless, an allowance for inflation must be made in order to provide meaningful estimates of future education costs. The projected costs are all in current dollar terms, as this is the basis which most consumers understand.  There has been no adjustment for the time value of money.  Future price movements will be subject to factors such as the dollar exchange rate, government policy, and other factors which ASG makes no attempt to predict.

• Primary education is projected to increase at an average annual rate of 4.26% over the next 20 years.

• Secondary education is projected to increase at an average annual rate of 4.26% over the next 20 years.

• Extracurricular activities are projected to increase at an average annual rate of 2.08% over the next 20 years.

• Children’s clothing and footwear costs have actually dropped over the past 10 years, and are projected to continue decreasing at an average annual rate of 0.09% over the next 20 years.

• Necessities are indexed by the Newspapers, Books and Stationery CPI sub-index which is projected to increase at an average annual rate of 2.55% over the next 20 years.

• Transport costs are projected to increase at an average annual rate of 0.45% over the next 20 years.

• Computers and computer-related costs have actually dropped over the past 10 years, and are projected to continue decreasing at an average annual rate of 7.49% over the next 20 years, as technology improves and is more widely adopted according to the computing and telecommunications sub-index.

• All education is projected to increase at an average annual rate of 3.93% over the next 20 years

• The All Groups CPI index is projected to increase at an average annual rate of 1.86% over the next 20 years.  This is consistent with the Reserve Bank of New Zealand's target of keeping inflation within the band 1% to 3% per year, on average.  

What are the annual costs comprised of?

The annual cost amounts include tuition fees and levies, extracurricular activities, clothing, necessities, travel, and computer and internet costs as provided by ASG members. These are outlined in detail below.

Fees:

Includes total tuition and/or annual fees, charges, levies (including voluntary levies), and fundraising contributions before government assistance.

Extracurricular:

Includes items such as outings, camps, private tuition/coaching, music lessons, instruments and sports equipment, sport/gym/drama/art/dance classes, or any other extracurricular activity costs appropriate to the stage of schooling for each child.

Clothing:

Includes school-related special clothing requirements, basic school uniform - summer and winter, blazer, shoes, sports kit appropriate to the stage of schooling for each child.

Necessities:

Includes items such as stationery, textbooks, school bags, art and craft materials, and other necessities appropriate to the stage of schooling for each child.

Travel:

Includes items such as car travelling expenses (calculated on the basis of travel for one child), public transport tickets and school buses.

Computer:

Includes computer hardware and software (e.g. purchase or rental of desktop computer and/or laptop computer, software applications and programs, computer levies, etc.) and internet access costs at home and/or at school.