Are you dreaming about moving to Switzerland and wondering how far your money can go? Here is an overview of the costs for a lifestyle that is hard to compare.
With high incomes, top-level healthcare and education, as well as a developed cultural and sports scene, being rich in Switzerland means more than wealth – it’s about embracing an exceptional way of life.
A mix of luxury and adventure
Being rich in Switzerland is equally connected to the landscapes and the culture.
Whether you’re skiing in Verbier, dining in Zurich, or going rafting in the Engadin Valley in the summer, the country offers an incomparable mix of luxury and outdoor adventure.
Quality of life
Being rich in Switzerland means living a quality life. Switzerland has been at the top of the list of best countries for the last two years (2023 and 2024), which is proof of its exceptional quality of life.
It has one of the highest GDPs per capita and more Nobel Prize winners than any other country.
Average annual salary in Switzerland
The European Union (EU) statistical agency – Eurostat – ranks Switzerland as the European country with the highest average annual income, which amounts to 93.400 dollars (85.582 euros).
Eurostat data also show that the European average is around 31.000 dollars (28.217 euros). The average annual income in Bulgaria, which is the lowest in any EU country, is slightly above 10.000 dollars (9.355 euros).
Cost of living
Many European countries have lower living costs compared to the United States (U.S.), the United Kingdom (UK), and France, but that is not the case with Switzerland.
When viewed globally, the cost of living in Switzerland is higher than in many other countries. For example, the cost of living in Switzerland is approximately 67 percent higher than in France.
When rent is also taken into account, it becomes clear that Switzerland is again more expensive than many of its neighbors, offering less for the dollar per square meter.
Rent in Switzerland is about 125 percent higher than rent in France, Forbes writes.
