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I have lived in Dunedin, Christchurch and Hamilton - Christchurch gets my vote, but I haven't seen it after the quake...
Hamilton is nice - It's warmer and has an older feel about it - How old are you?....
Dunedin is cool if you are younger and it has a more 'alternative' vibe - Lots of students - Bloody cold in the winter...
I really didn't enjoy Wellington when I visited - Not sure why - Just blah.....
Auckland is warmer and is obviously a good sized city with all the usual facilities - I stayed a few weeks in Grey Lynne - Nice area...
I wont comment on prices - They have changed a lot since I was there.....
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