Wages & living costs
Wages in Switzerland
Swiss employers are known for paying high wages. On the other hand, the cost of consumables, rent and insurance is very high. Furthermore, the wage paid very much depends on your education, professional experience, and field in which you work.
Wage calculators can help in comparing your wage with the average. Below are two popular wage calculators in Switzerland:
- The wage calculator of the Schweizerischer Gewerbe Verband can be found here.
- The wage calculator of the Federal Statistical Office can be found here.
Living costs are very high in Switzerland. Cities such as Zurich and Geneva are among the most expensive in the world. Alongside accommodation and food, premiums for compulsory health insurance are also very high.
Below you will find two budget examples. One for a family with two children. Another for a student. Further examples and tips and tricks for saving money can be found on the website of Schuldenberatung Schweiz.
Budget example for a family with two children and an average monthly income of 7,000 - 9,000.
The two budget examples are based on figures, oriented around the examples of Schuldenberatung.ch, as well as experience.
Budget example for a student at a Swiss university
Switzerland grants what are known as “excellence scholarships” to young foreign student PhD students and post-doctoral students, as well as artists. More information and a detailed description of the requirements profile for recipients of scholarships can be obtained from:
State Secretariat for Education, Research and Innovation (SBFI)
Ressort Internationale Stipendien
Tel. +41 (0)31 323 26 76
Foreign students also have the option of applying directly to their university for scholarships. Information can generally be obtained from the university’s mobility office.