Average Cost Of Living In Switzerland VS USA – For more Americans who move abroad, the change can be jumpy or not. Of course, it depends on where you move and how much the new country resembles your home country.
Switzerland is a never-ending winsome expatriate destination. It’s a European and global center for investment, technology, and growth abilities, which implies there are numerous, well-paid careers for immigrants in all the major cities.
Yet, it can be a bit high-priced to move there. Actually, Zurich is listed as the most costly city on the earth (21% more expensive than London), and Geneva is the 3rd most expensive city in the world as well.
Average Cost Of Living In Switzerland VS USA
In some cases, you may not even be able to choose where to move but instead prioritize the job itself rather than the country. In other cases, it is only the environmental change that attracts, and then it can be very exciting to read about different countries and cities to get an idea of where to thrive best.
Moving abroad is often exciting, interesting, stimulating, and enriching. One factor that can be decisive for which country you choose to move to is the cost of living in the intended country. Together with other factors such as climate, culture, opportunities to find housing and work, and so on, they often form a basis for the decision to move.
Switzerland is indeed expensive – however, the salaries are usually high to balance the cost of living there. Still, if you’re retiring, or moving to Switzerland for good, it’s important to have a representation of what life there will require as an ex-pat. Here’s a detailed guide to help you avoid any surprises later.
The Economy and Its Relation To The Average Cost Of Living In Switzerland VS The USA
Unless you have unlimited resources and are financially independent, the economy probably plays a certain role, and that of course includes the cost of living in the new country.
- Do you already have an income that you can carry in the move?
- or saving money to live for the first time?
- Have you planned to apply for a job in the new country, and what type of jobs do you have the opportunity to get?
- What does the income look like in your particular profession?
- What does your lifestyle look like and how much money do you want to spend around with?
As you can see, there are many issues to consider. Together with the income, the country’s living costs must go together in a reasonable balance in order for you to have a good quality of life and security after emigration.
Consumer Price Index – CPI
Consumer Price Index (CPI) is a measure used when measuring and comparing the cost of living in different countries. This includes factors such as food, transportation expenses, and housing costs. It is based on the cost of living for the inhabitants of a major city like New York and has set this to Index 100.
Countries that are on a higher index number thus have a higher average cost of living, while a lower number indicates that it is cheaper to live there.
CPI is therefore a good measure to get an idea of what the cost of living looks like in the country (or region for that matter) that you are considering moving to. However, one should take into account that wage levels, taxes, and so on look different in various countries, which is important to keep in mind when putting together the overall picture.
- If you are Swedish or have been living in Switzerland and been saving your income and then decided to move to a country with a low CPI, you will probably feel that you have a lot of money left over.
- But if you are an American and decided to move to Switzerland depending on your previous American savings, then it can be very clingy to survive there.
CPI is only calculated on the actual costs independent of the residents’ income. Therefore, it can give a somewhat skewed picture of what it is like to live in a particular country, and one can therefore also make use of other measures such as gross domestic product (GDP), which is explained below.
As a comparison, it may be good to know that Sweden is in 15th place out of 123 countries with a CPI of 77.63 (mid-2016). CPI is a good measure to get an overview when you start thinking about moving abroad. Together with GDP and research on the jobs, you have the opportunity to get, you can then get a good overall picture.
Average Cost Of Living In Zurich Switzerland
Salary in Zurich (monthly) What is the average salary in Zurich?
- Average net salary zurich = 5,691.69 €
- Salary of an auditor zurich = 6,230.00 €
- Salary for an architect zurich = 7,420.82 €
- Salary for babysitter zurich = 2,427.92 €
- Salaries for a waiter zurich = 3,618.74 €
- Dentist’s salary = 18,139.98 €
- Cashier CHF 21,264
- Copywriter CHF 58,668
- Financial analyst CHF 104,355
- Graphic designer CHF 34,120
- Mobile developer CHF 115,743
- Product manager CHF 81,583
- Receptionist CHF 44,381
- Software engineer CHF 68,989
- Teacher CHF 40,955
- Web developer CHF 61,930
Average Cost to buy or rent price for houses or apartments in Zurich Swi
How much does it cost to rent or buy a house in Zurich?
- 🏫Monthly rental of a 1-room apartment in the middle = 1,645.61 €
- Monthly rental of a 1-room apartment in the suburbs = 1,211.01 €
- 🏫Monthly rent for apartment, 3 rooms, center = 3,061.31 €
- Monthly rent for apartment 3 rooms on the outskirts = 2,263.89 €
- Price per sqm of an apartment in the center = 12,347.77 €
- Price per sqm of an apartment in the suburbs = 7,809.51 €
Prices in Grocery Stores in Zurich
How much does it cost to fill a shopping cart in Zurich? Here you can find prices for meat, fruits, vegetables, legumes, lactose, cereals, and non-alcoholic beverages:
- 🍞 Baguette (250 g) = € 1.34
- A dozen eggs = 5.03 €
- One kilo of chicken wings = 25.78 €
- 🍏 1 kilogram of apples = 3.84 €
- One liter of milk = 1.57 €
- One kilogram of cheese = 23.4 €
- One kilogram of ceasar salad = 2.35 €
- One kilogram of onion = € 2.35
- 🍟 1 Kilogram of potatoes = 2.52 €
- 🍅 1 Kg tomatoes = 3.82 €
- 🍊 1 Kg oranges = € 3.87
- 🍌 One kilogram of banana = 2.67 €
Restaurant prices in Zurich
How much does it cost to eat in Zurich? Here you can find prices of coffee, water, soft drinks, daily menus, burgers, and restaurants. :
- Food for one person, cheap restaurant = 22.94 €
- Food for two in a good restaurant = 91.76 €
- Macdonalds menu = € 12.34
- ☕️ Coffee with milk in a cafeteria = 4.57 €
- Can of Coke or Pepsi (0.33l) = € 3.97
- Bottle of water (0.33l) = € 3.32
Price of shoes and clothes in Zurich Switzerland
Here you can find prices for sneakers, jeans, dresses, and shoes: Zurich
- 👞 A pair of leather shoes for suit = 167.82 €
- 👖 A pair of jeans = 103.11 €
- 👗 Ladies summer dress = 46.51 €
- 👟 A Nike = 114.53 €
Service prices in Zurich Switzerland
How much does it cost to rent mobile data/internet or a phone call in Zurich?
- 📡Internet Amount = 51.67 €
- One month water and electricity for an apartment of 80 square meters = 173.53 €
- 1-minute phone call with a prepaid phone = 0.25 €
- A movie ticket = € 16.52
- Monthly fee, gym = 73.08 €
Average prices for transportation in Zurich
How much does an urban transport ticket or a liter of petrol cost in Zurich?
- Ticket in public transport = 3.67 €
- 🚕First fare standard taxi = 6.42 €
- Monthly public transport card = 78 €
- One hour taxi ride = 73.23 €
- 1KM standard AND taxi = 3.67 €
- Toyota Corolla 1.6l 97kW = 20,177.9 €
- Volkswagen Golf 1.4 90 KW Trendline = 22,023.3 €
- 1 liter of petrol = € 1.54
Travel guide in Zurich
- 🔌Power connectors = 230V 50Hz
- ⏱Average travel duration = 5 days
- 💨Air quality (annual average) = 20 µg / m3
- 🚕Best application to order taxi = Uber
- 📲Best wireless carrier = Swisscom
- 💳Cashless society = No, only cash (esp. For foreigners)
- ÄBest collaboration space = CoLab Zurich
- 🚰Safe tap water = Yes, drinkable
- Religious government = Non-religious
- online electronics store online = Digitec
- ✈️Best airline with short-range = Swiss
- ✈️best international airlines = Swiss
- 📡Internet speed avg = 28 Mbps
- 💸Tipping = No
Budget for travelers in Zurich
How much money do you need in a day in Zurich?
- Budget for song cost traveler * = 72.68 €
- 👪Travel budget for a family with 1 child = 300.67 €
- Travel budget for a family with 3 children = 575.13 €
* Amount of cheap travel expense (1 person for 1 day): This budget is for backpackers and entrants, 2 meals (on a street or in a store, one night in a hostel, two bottles of water, a beer, and a ticket for the train or bus.
The Average cost of studying in Switzerland
Swiss universities charge tuition fees. Tuition fees are usually CHF 500-2000 (Swiss francs) per semester, but there is a lot of variation in tuition fees. Tuition fees at certain colleges can be as high as CHF 10,000 per semester. In addition, some colleges may charge higher tuition fees for international students.
Cost of living and housing for students
In Switzerland, the cost of living is high. Because living in Switzerland is relatively expensive, students prefer a roommate. Students may have to acquire their home away from school or change their home several times during their studies, as there are few affordable homes available. Due to the high price level, some students work during their education to finance their housing expenses.
Finding an apartment can be difficult, so it’s a good idea to start your search early enough. Only a few universities have student housing, but they may also require charges for their students’ housing.
In higher education, teaching is available in local languages (German, French, Italian, and Romansh) as well as English. Many universities offer free language courses to their students
Most expensive and cheapest countries in the world
The figures that follow here are calculated on the 2016 half-year report.
- Bermuda has the highest CPI in the world with 140.31
- closely followed by Switzerland with 125.67.
- India has the very lowest cost of living at 24.02.
But as I said, the earnings figures look completely different in India compared to Switzerland and other top CPI countries.
Low cost of living in Eastern Europe
In Eastern Europe, there are many countries that in recent years have been modernized more and more, but where the cost of living is still rather low if compared to Sweden, among others. Countries such as Estonia, Latvia, Lithuania, Belarus, Poland, and Russia are relatively cheap countries to live in.
Many international companies invest and open new offices and new entrepreneurs in Europe start new companies in these countries as the workforce is vigorous and the wages are relatively low.
Although the cost of living in Eastern European countries is lower than in Sweden, it is worth mentioning that these countries have also had an increased CPI in recent years, and many of them have had a good positive economic development.
This means that it can be a good idea to invest in these countries, but also interesting to take part in the development that is taking place. There are many companies in Eastern Europe that have a continuous recruitment need of Swedish-speaking employees in customer service, sales, administration, finance & finance, etc.
Do you yearn for the warmth?
Do you long for a warm climate and exotic cultures? Then you can look even further east towards countries such as China, Thailand, Vietnam, and Malaysia to find countries with low cost of living. South Korea has slightly higher costs than many other Asian countries but is still cheaper than Sweden, and if you, like many others, are interested in Japan, they are actually higher in CPI than Sweden. However, many countries in southern Europe, such as Spain and Portugal, have lower living costs.
Average Prices in Switzerland | Zurich, Bern, Geneva, Basel, Lugano
|Meal, cheap restaurant||179.85 SEK|
|Meal for two, average restaurant, three-course menu||809.32 SEK|
|McMeal at McDonald’s (or similar meal)||116.90 SEK|
|Local beer (0.5 liters)||53.95 SEK|
|Imported beers||47.21 SEK|
|Cappuccino (regular)||38.76 SEK|
|Coca Cola / Pepsi (0.33 liters)||35.35 SEK|
|Water (0.33 liter bottle)||29.63 SEK|
|Milk (regular), (1 liter)||13.28 SEK|
|Loaf of fresh white bread (500 g)||22.47 SEK|
|Rice (white), 1 kg||21.69 SEK|
|Eggs (12)||45.47 SEK|
|Local cheese, 1 kg||175.73 SEK|
|Chicken breast (without bones and skin), (1kg)||200.47 SEK|
|Apples, 1 kg||33.79 SEK|
|Oranges, 1 kg||29.70 SEK|
|Tomato, 1 kg||33.99 SEK|
|Potatoes, 1 kg||21.26 SEK|
|Salad head||18.20 SEK|
|Water (1.5 liter bottle)||9.88 SEK|
|Bottle of wine (middle class)||98.92 SEK|
|Local beer (0.5 liters)||15.41 SEK|
|Imported beers||18.85 SEK|
|Pack of Cigarettes (Marlboro)||71.94 SEK|
|Easy ticket (local transport)||26.98 SEK|
|Monthly Pass (Regular Price)||656.45 SEK|
|Taxi start payment||55.75 SEK|
|Taxi 1 km journey||34.17 SEK|
|Taxi 1 hour awaits payment||544.05 SEK|
|Petrol (1 liter)||14.35 SEK|
|Volkswagen Golf 1.4 90 KW Trendline (or equivalent new car)||224,812.28 SEK|
|Electricity, gas, water, internet (month)||Average|
|Electricity, gas, water, garbage (85 m2 apartment)||1,844.36 SEK|
|Prepaid local mobile taxan (1 min)||3.60 SEK|
|Internet (6 Mbps, cable / ADSL)||405.00 SEK|
|Sports and leisure||Average|
|Fitness club (monthly fee for an adult)||911.97 SEK|
|Tennis court Rent (one hour on the weekend)||316.74 SEK|
|Movie ticket price||161.86 SEK|
|Clothes and shoes||Average|
|1 Pair of Jeans (Levis 501 Or Similar)||1,069.08 SEK|
|A summer dress (Zara, H&M)||508.87 SEK|
|1 pair of Nike running shoes||1,112.66 SEK|
|A pair of men’s leather shoes||1,266.44 SEK|
|Apartment rent per month||Average|
|Apartment (1 bedroom) in the center||12,635.55 SEK|
|Apartment (1 bedroom) outside the center||10,087.94 SEK|
|Apartment (3 bedrooms) in the center||23,786.44 SEK|
|Apartment (3 bedrooms) outside the center||19,080.55 SEK|
|Price per square meter in the center||87,340.13 SEK|
|Price per square meter outside the center||66,581.91 SEK|
|Salaries and financing||Average|
|Average salary per month (after tax)||50,520.81 SEK|
|Mortgage interest (%), annual||1.94|