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Geneva Local Reference INFOrmation
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INFOrmation

Living in Switzerland - Incomes & Cost of Living

Contents:
Introduction

Moving to Switzerland
Registration Procedures
Moving Goods
Moving Financial Assets
Cars, Driving & Licences
Finding Accommodation
Finding a School
Moving Checklist

Living in Switzerland
The System
Incomes & Taxes
Cost of Living
Accommodation
Cultural & Social Life
Educational System
Private Life
Transport
The Health System

Social Security
Social Security in Europe
E forms: General Overview
General Organisation
Sickness Insurance
Family Insurance
Old Age Pensions
EU Health Card
Unemployment Benefits

Working in Switzerland
Finding a Job
Applications
Recognition of Qualifications
Kinds of Employment
Employment Contracts
Remuneration
Working Time
Vocational Training
Leave
End of Employment
Special Categories
Self-employment
Representation of Workers
Work Disputes
Cost of living
According to an AC Nielsen Euro-Barometer study conducted in 2005, Switzerland is one of the most expensive countries in Europe, after Norway, Denmark and Finland. The main items of expenditure in one’s budget are insurance, such as health insurance, invalidity insurance, unemployment insurance and private insurance policies (23% of a typical household budget in 2004), accommodation and energy (17%), tax (13%) and food and clothing (11%).

Other recurring monthly expenditure includes transport and fuel (12%), restaurant meals (6%), healthcare (5%) and communications (2%). In 2005, disposable income – the amount remaining after compulsory deductions (social security contributions, taxes, basic health insurance, etc.) – amounted to 72.6% of gross household income, averaging CHF 8 967.

Text last edited on: 04/2008

Source: European Union
© European Communities, 1995-2008
Reproduction is authorised.

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