The average cost of living in Switzerland is high. The country is known for being one of the most expensive to reside in the world. While Geneva is often considered the most expensive Swiss city, and one of the most expensive cities in Europe, Zurich took the crown this year. Zurich is nr 1 in Europe and nr 5 in the world, according to Mercer.
The following list is only an estimation of costs that you will pay while living in Switzerland.
All amounts may vary depending on your personal situation.
Cost of accommodation
The rent should not exceed 30% of net income (after deduction of social security and taxes) or 25% of gross income before deductions).Rents are high in major cities, around CHF 2000 for a small apartment.
In Zürich per example:
|Average rent of a one bedroom apartment||CHF 2000 month|
|Average rent for a 3 bedroom apartment||CHF 3600 month|
|Hot water & heating||Approx. 10% of the monthly rental. Usually included in the utilities.|
|Parking||from CHF 80 up to CHF 250 month|
|Electricity||CHF 30 to 200 quarter|
|Mail box name/plates||Name, plates for mailbox, door bells and main entrance are at tenant’s expense. The costs are around CHF 30 or more.|
You will be required to put down 1-3 month rent as a security deposit on the accommodation. The deposit is to be paid before entering the accommodation and will be returned when leaving it.
You are expected to leave your apartment spotless clean when returning the keys at end of the contract. Professional cleaning is highly recommended as the cleaning should include everything. Costs can go from CHF 500 for a small studio up to couple of thousands for a house.
TV, Internet and landline monthly subscription:
|Does not include call fees||from CHF 50 month|
|Mobile phone subscription||from CHF 10 month|
|Internet||from CHF 30 month|
|TV Digital||from CHF 19 month|
|Serafe||CHF 365 year|
Any resident using radio and/or TV sets pay license fees. It’s called Serafe. This is also applicable to residents who only receive foreign channels and those who don’t have a radio/TV but internet at home and/or car. License fee for radio and TV programs. It costs CHF 365 per year.
Cost of health Insurance (mandatory)
Health insurance in Switzerland is mandatory, as it is in many countries. The healthcare system is very professional and good. The price varies according to deductible amount, age, location, alternative insurance model (family doctor, free choice of doctor, HMO = Health Maintenance Organization).
There is also supplementary, the price varies according to Hospital ward (general, semi-private, private ward and private global) and outpatient package (cover for glasses, treatments abroad, fitness centre, etc)
Dental insurance is not included in the basic insurance.
|Adults basic||from CHF 275 month|
|Child basic||from CHF 50 month|
|Supplementary||from CHF 20 month|
|Liability Insurance||from CHF 120 year|
|Household Insurance||around CHF 200 year for covering CHF 75’000 plus an extra CHF 20 for each additional CHF 10’000|
|Private Travel insurance (voluntary)||from CHF 150 year|
Personal liability insurance is not compulsory but strongly recommended. Most of the real Estate agencies require that their tenants are covered. It can be extremely useful since one may unintentionally cause damage to a third party and be responsible for it. The costs start at CHF 120 per year.
Private Travel insurance (voluntary)
The annual travel insurance offers a wide range of benefits that gives you an entire protection up to 45 days consecutive per trip within an annual contract.
Convert Driving License
|Conversion Fee (mandatory)||from 80 to CHF 140 depending on Canton|
|See Test||approx. CHF 30 Done by an optician|
|Test Driving||CHF 130|
Cost of education
While public education is free of charge and of excellent quality, foreigners might prefer to send the children to an international school due to the language knowledge and continuity in the educational system. These school are more expensive. The price varies according to the different school, but they start at CHF 26’000 year.
Your own relocation coordinator
Atlas International Movers guides your move from door to door. If you have any questions during the relocation process, please contact your personal relocation coordinator. This person can answer all your questions about the move and the country. This way you can prepare for your life in Switzerland without any problems. This is all part of the Atlas Movers relocation service.
If you want help with your relocation to Switzerland, please feel free to contact us or view our website! If you would like storage for your household effects before, during or after your relocation to Switzerland, this is also possible. Click here for more information about inventory storage at Atlas. If you want to know more about Atlas International Movers, read more about our moving company here! Want to learn more about Swiss culture, take a look at this website!
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