Swiss finances per month
Working in Switzerland doesn’t just mean a new professional adventure – it’s also a great financial step. Salaries are generally higher than in other countries, and the overall quality of life is excellent. Of course, some expenses like rent or health insurance can be higher, but the difference in net income usually makes up for that.
When you start working in Switzerland, you’ll encounter a different tax and insurance system than you’re used to. Fortunately, it’s all well organized and easy to understand. With the right preparation, you’ll know exactly what to expect and can fully enjoy your new experience abroad.
Example: Monthly Budget in Switzerland
| Category | Description | Amount (CHF) |
|---|---|---|
| Income | Base salary | 5,000 |
| + 13th month (pro rata) | + 500 | |
| Total gross income | 5,500 (= approx. €5,000) | |
| Deductions | Tax incl. insurance | – 900 |
| Retirement contribution | – 220 | |
| Net wage | 4,380 (= approx. €4,290) | |
| Expenses | Health insurance (high deductible) | – 250 |
| Rent | – 1,500 | |
| Groceries | – 500 | |
| Leisure | – 500 | |
| Savings / Remaining amount | 1,680 |
This is a broad calculation. You will probably spend less money on housing, groceries and recreational activities. We regularly hear that you can easily save €2000 per month.
For more information check www.lohncomputer.ch