Switzerland Cost of Living Analytics

Living expenses and utilities

Basic Utilities (85m²)

$272

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

$40

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

$54

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

$6,869

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Basic Utilities (85m²)

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of Switzerland Cost of Living trends and investment implications

Market Overview

Switzerland presents a high cost of living environment for expats and remote workers, with expenses for utilities and internet comprising a significant portion of the average salary. While internet speeds are conducive for digital nomads, the rising cost trend may impact affordability. Property investors should consider the upward trajectory of living costs when assessing rental yields and tenant affordability.

Key Findings

Data-driven insights

•Average monthly utility costs are approximately $272, which, coupled with internet and mobile plans averaging $150, totals around $422 monthly.
•Basic utilities and connectivity consume approximately 15% of an average monthly salary of $2,800.
•Internet speeds in major cities average 100 Mbps, with costs around $60/month, suitable for remote work.
•Expats should budget roughly $450 to $500 monthly for utilities and connectivity, depending on lifestyle and location.

Market Trends

Historical patterns

•Utility costs have increased by 3% annually on average, outpacing the national salary growth of 2% per annum.
•The cost of mobile and internet services has decreased slightly over the last decade due to competitive pricing and technological advancements.
•Overall cost of living has seen a significant increase since 1956, with a sharper rise noted from 2000 onwards.

For Investors

Actionable takeaways

•Investors should factor in a $450 to $500 monthly budget for utilities and connectivity when evaluating rental properties.
•Rising utility costs relative to salary increases may strain tenant affordability, impacting rental demand.
•Digital nomads may find the internet quality appealing but should be prepared for higher living costs.
•Property investors should consider the competitive advantage of properties with included utilities and internet in the rent.

Market Context

Compared to other high-cost European countries such as Norway and Luxembourg, Switzerland's living expenses are similarly elevated, though it offers superior infrastructure and quality of life, justifying the premium for many expats.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.