Pay by Role
New Zealand · Salary comparison

Psychiatrist vs Psychologist salary

In New Zealand, a psychiatrist earns about 152% more than a psychologist $275,790 vs $109,395 per year.

Showing amounts in USD (USD default; source data is NZD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies

Pays more
Healthcare
Psychiatrist
$275,790/yr
Monthly
$22,973
Hourly
$132
Range
$188,907$381,960
10-yr outlook
+8%
Healthcare
Psychologist
$109,395/yr
Monthly
$9,097
Hourly
$52
Range
$74,964$151,540
10-yr outlook
+6%

Pay range, side by side

PercentilePsychiatristPsychologist
Entry (10th)$188,907$74,964
25th$232,377$92,179
Median$275,790$109,395
75th$328,875$130,468
Senior (90th)$381,960$151,540

National New Zealand figures in NZD. Individual pay varies with experience, employer, and location.

More Healthcare comparisons

Frequently asked questions

Does a psychiatrist or psychologist earn more in New Zealand?
A psychiatrist earns more, at about $479,000 per year vs $190,000 for a psychologist — roughly 152% ($289,000) more.
What is the salary range for these roles in New Zealand?
A psychiatrist typically earns $328,100–$663,400, while a psychologist earns $130,200–$263,200 per year.
How much do these jobs pay per month in New Zealand?
On a monthly basis before tax, a psychiatrist averages about $39,900 and a psychologist about $15,800.
How do entry-level salaries compare?
At the 10th percentile in New Zealand, a psychiatrist earns about $328,100 while a psychologist earns about $130,200 per year.
How do senior-level salaries compare?
At the 90th percentile in New Zealand, a psychiatrist earns about $663,400 while a psychologist earns about $263,200 per year.
Are psychiatrist and psychologist similar careers?
Both roles sit in the Healthcare category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.