Switzerland is a beautiful country with a high standard of living. However, this also means that the cost of living is relatively high. According to Numbeo, a website that compares the cost of living in different countries, Switzerland is the 14th most expensive country in the world.
Here is a breakdown of the cost of living in Switzerland in 2023:
Accommodation:
- Rent for a one-bedroom apartment in the city center: CHF 2,300 – CHF 4,000 per month
- Rent for a three-bedroom apartment in the city center: CHF 5,000 – CHF 10,000 per month
- Utilities: CHF 200 – CHF 400 per month
Food:
- Eating out: CHF 20 – CHF 50 per person for a meal
- Groceries: CHF 500 – CHF 1,000 per month for a single person
Transportation:
- Public transport: CHF 100 – CHF 200 per month
- Car ownership: CHF 500 – CHF 1,000 per month
Entertainment:
- Cinema: CHF 20 – CHF 30 per ticket
- Going out to bars and restaurants: CHF 50 – CHF 100 per person per night
- Sporting events: CHF 50 – CHF 100 per ticket
Other Expenses:
- Healthcare: CHF 200 – CHF 300 per month
- Personal care: CHF 100 – CHF 200 per month
- Telephone and internet: CHF 50 – CHF 100 per month
Total Monthly Expenses:
- Single person: CHF 5,000 – CHF 8,000 per month
- Couple: CHF 7,000 – CHF 12,000 per month
- Family of four: CHF 10,000 – CHF 15,000 per month
Tips for Saving Money in Switzerland:
- Cook at home as much as possible.
- Take advantage of public transportation.
- Walk or bike whenever possible.
- Don’t go out to eat or drink every night.
- Look for cheaper activities to do in your free time.
- Be frugal with your spending habits.