Thames, New Zealand
With a population of just 7,380, Thames is a far cry from the bustling metropolis it once was during the gold rush era. The town's glory days are long gone, and its modern economy now largely revolves around tourism and servicing the local farming community. Bureaucracy remains a persistent headache, as evidenced by the mayor's 2012 criticism of safety procedures after a sinkhole opened above an old mine shaft.
While Thames offers a slower pace of life and scenic surroundings, its limited job prospects and aging population (the median age is 54.9 years) make it an unappealing prospect for young professionals or families seeking vibrant urban amenities. This sleepy Coromandel town is best suited for retirees or those content with a quiet, provincial existence.
Can I afford Thames?
You could save
$1481 / month