According to the Worldwide Cost of Living 2018 survey published by the Economist Intelligence Unit (EIU), Singapore is the most expensive city in the world. Zurich and Geneva however are hot on its tail ranking 2rd and 6th respectively. Zurich is the most expensive in Europe in second position alongside Paris. The survey compares more than 400 individual […]
How much more you need to earn in Switzerland to breakeven
Recently published international price comparison numbers show just how expensive life is in Switzerland. The price of a standard basket of items, including food, clothing, accommodation, healthcare, transport, education and other regular expenses, was far higher in Switzerland than in the rest of Europe. In 2016, life in Switzerland was 68% more expensive than the […]
A fifth of Swiss can’t cope with an unexpected expense of 2,500 francs
In 2015, 21.7% of Switzerland’s population was unable to cover an unexpected expense of CHF 2,500 within a month, says a report from the Swiss Federal Statistics Office. Single parent families were the least able to cope with 46.1% of them falling into this camp. Single parent families were followed by single people under 65 (27.1%) […]
Switzerland’s costliest cantons for tax, housing, health, commuting, and childcare
This week the bank Credit Suisse published its cantonal cost of living report. Its ranking considers a typical household’s biggest expenses: tax, housing, commuting, basic health insurance and childcare. It takes income and deducts all of these costs to arrive at a measure of disposable income. In a simplified world it might be expected that […]