Anyone who has done a weekly shop in Germany, France, Italy or Austria and compared prices to Switzerland, knows how much more it costs on the Swiss side of the border. The cost difference is sometimes pinned on the higher take-home pay paid to Swiss supermarket workers. Right? Wrong. The website barometre des prix allows the public to easily compare the […]
Switzerland’s high prices – a European comparison
Recently published data shows how prices compare across Europe. The data, collected by Eurostat, compares prices across a number of categories of spending in 2018. Average prices across the EU-28 are used as a base. Overall, residents of Switzerland spent 59% more on the same items than an average resident of the EU-28. Switzerland was […]
Some Swiss import duties could be axed
Swiss import duties on a number of industrial products might disappear if a plan put forward by Guy Parmelin, Switzerland’s economic’s minister, is approved by the National Council, Switzerland’s parliament, according to RTS. The changes are expected to benefit businesses and consumers by around CHF 860 million a year. On the other hand, the government […]
Zurich and Geneva in top 10 most expensive cities
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 […]
Swiss government to take aim at high Swiss prices
20 Minuten. Switzerland’s Federal Council wants to introduce new measures to lower prices in Switzerland to curb cross-border shopping, something that it says hurts Swiss businesses. Minister for Economic Affairs, Johann Schneider-Ammann, said in an interview with the newspaper Schweiz am Wochenende that he’s working on a package of measures to tackle high retail prices in Switzerland. He thinks […]
Switzerland most expensive in Europe, but not for everything says new study
Few who have visited or lived in Switzerland will be particularly surprised to hear that Switzerland is the most expensive place in Europe. However the price differences are quite eye opening. The recently published Eurostat price level study ranks Switzerland as the most expensive overall, well ahead of second and third placed Iceland and Norway. […]
A Geneva taxi can cost more than your flight
Recent research shows how expensive airport taxis can be. Many people don’t include these costs in travel budgets and can often be in for a shock. Geneva is known to be an expensive destination, however the cost of a Geneva taxi compared to other cities is surprisingly high. Simon Phillips from No1 Currency, which conducted […]
Switzerland ranked the world’s most affordable country
In a survey of 119 countries, Switzerland ranked at the top of the Local Purchasing Power Index with a score of 147. The 2015 index was calculated recently by Numbeo the world’s largest database of user-contributed data about cities and countries. Someone in Switzerland on an average wage can buy 47% more typical goods and […]
