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
A simple example based on a gross salary of 5,500 CHF plus a pro rata 13th month. Amounts vary by canton, insurance model and housing.
Total gross income
6,000 CHF
Approx. €6,500
Total deductions
1,100 CHF
Tax incl. insurance + retirement
Net wage
4,900 CHF
Approx. €5,250
Savings remaining
1,950 CHF
After fixed example expenses
Income and deductions
| Base salary | 5,500 |
| 13th month pro rata | + 500 |
| Total gross income | 6,000 |
| Tax incl. insurance | – 900 |
| Retirement contribution | – 200 |
| Net wage | 4,900 |
Example expenses
| Health insurance high deductible | – 350 |
| Rent | – 1,500 |
| Groceries | – 600 |
| Leisure | – 500 |
| Total expenses | – 2,950 |
| Savings remaining | 1,950 |
This is a broad calculation. In practice you will often spend less on housing, groceries and leisure. We regularly hear that saving around €2,000 per month is very realistic.
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