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Cost of Living in Switzerland

According to an EU study conducted in 2002, Switzerland is one of the most expensive countries in Europe, after Norway and Iceland. 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 (8%), restaurant meals (6%), healthcare (5%) and communications (2%). In 2004, disposable income – the amount remaining after compulsory deductions (social security contributions, taxes, basic health insurance, etc.) – amounted to 73.6% of gross household income, averaging CHF 8,506.





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