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Cost of Living Payment The Government has announced a Cost of Living Payment, which will be paid from 1 August 2022. You do not need to apply for this payment. If you are eligible, we’ll pay it into your bank account. Find out more

The Government has announced a Cost of Living Payment as part of Budget 2022.

The payment will be up to $350, split into 3 monthly payments of around $116. The first payment will be made on 1 August 2022.

The payment will be available to eligible individuals who earned $70,000 or less during the period from 1 April 2021 to 31 March 2022, and who are not eligible to receive the Winter Energy Payment.

You do not need to apply for the Cost of Living Payment. If you're eligible, we'll pay it directly into your bank account.

We recommend you check that your correct personal bank account details are in myIR in case you qualify for the payment.

We've updated our website with more detailed information.

Cost of Living Payment

Find out more in the media release on the Beehive website.

Budget 2022: Cost of living package eases impact on households – 2.1 million Kiwis to get new targeted payment - beehive.govt.nz

Last updated: 19 May 2022
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