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Cost of Living in Switzerland

Written by: Bridgewest

Cost-of-Living-in-Switzerland.jpgWhen searching for a business location, investors should take into consideration Switzerland, which is one of the most developed economies situated in Europe. However, it is not a member state of the European Union, and the regulations referring to company formation in Switzerland can differ from the ones established within the members of the Community. Those who want to open a Swiss company and who also want to relocate in this country should verify the costs of living in the particular region there are interested to live in. Our team of company formation specialists in Switzerland can offer advice for choosing a favourable region or city, in accordance with the characteristics of the future company
 

Standard of living in Switzerland 

 
Switzerland is one of the most expensive countries in Europe, but, at the same time, it also provides some of the highest salaries in the world. There is no specific differentiation in terms of the standard of living and the associated costs between rural and urban areas, although, like anywhere else in the world, the largest cities are also the most expensive and our team of company incorporation agents in Switzerland can provide in-depth details on how to set up a business in one of the main Swiss cities
 
Investors who are interested in Swiss company formation should know that the most expensive cities, as stated in the Mercer Cost of Living Survey (from 2015), are the following: 
 
Geneva;
Zurich;
Bern
 

Housing costs in Switzerland 

 
Generally speaking, the housing costs, in the situation in which the property is rented, represent minimum 20% of an average salary, especially in the above mentioned cities. Monthly rent in a regular furnished apartment is approximated at CHF 2,500, while an apartment in a more expensive area is rented for CHF 3,470. It is also important to know that the general basket of goods and services for a regular family (of three persons) is estimated at CHF 3,569 (at the level of February 2016). 
 
Although the prices are rather high, foreigners have to know that the prices also reflect the quality of the services and goods provided on the local market. 
 
Businessmen who need further details on the costs of living and the costs of registering and running a company, are invited to address to our team of company formation representatives in Switzerland.
 

Comments

  • Andrew 2016-09-23

    Yes, living in Switzerland can be rather costly, but the average salary is also very high and those who are working here can afford this type of expenses.

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