Swiss households have an average net monthly income of CHF7,124 ($7,140), according to the Swiss Statistical Office. This is after CHF2,909 has been spent on unavoidable payments like taxes, social contributions and health insurance.  

Kai Reusser

swissinfo.ch

Fixed expenses with a greater margin of choice also made a significant dent in the household budget, based on data from 2016External link. Lodging and energy bills added up to an average of 14.7% of total revenue (CHF1,476) while transport came to 7.7% and the grocery bill 6.3%.  

After paying the bills and splurging on life’s little luxuries – CHF106 on alcohol and tobacco, CHF584 on holidays – the average household was able to set aside CHF1,551 for a rainy day. 

Households bringing in less than CHF5,000 were generally unable to contribute to savings and often spent more than they earned. However, this statistic is skewed by the relatively high proportion of retiree households (61%) in this revenue bracket who pay for part of their expenses from their savings.

More

More

How far does CHF6,000 really get you in Switzerland?

This content was published on Nov 13, 2017 Nov 13, 2017 Salaries in Switzerland can seem high to people living in other countries, but a look at the expenses facing Swiss residents tells a different story.

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative