Cost Of Living in Zurich 2025

cost of living chart - average monthly expenditure in Zurich

Average monthly spending for singles, couples, students, and families in Zurich

Whether you're living in Zurich or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Average Monthly Expenditure

Currency: CHF
540 7,000 70,000
MINIMUM AVERAGE MAXIMUM
$610 $7,900 $79,000

Monthly Expenditure ▶ Single

Currency: CHF
690 4,800 32,000
MINIMUM AVERAGE MAXIMUM
$780 $5,500 $36,000

Monthly Expenditure ▶ Couple

Currency: CHF
2,700 8,000 43,000
MINIMUM AVERAGE MAXIMUM
$3,000 $9,100 $48,000

Monthly Expenditure ▶ Family

Currency: CHF
3,800 11,000 70,000
MINIMUM AVERAGE MAXIMUM
$4,200 $12,000 $79,000

Monthly Expenditure ▶ Student

Currency: CHF
540 3,500 23,000
MINIMUM AVERAGE MAXIMUM
$610 $3,900 $26,000
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.

Singles

The average monthly expense for a single person living in Zurich is 4,800 CHF. Expenses can range from 690 CHF at the minimum level to 32,000 CHF at the highest end.


Couples

The average monthly spending of couples in Zurich is 8,000 CHF. Expenditure can range from 2,700 CHF to 43,000 CHF per month.


Families

The average cost of living for families in Zurich is 11,000 CHF per month. Families spend anywhere from 3,800 CHF to 70,000 CHF.


Students

The average monthly expenditure for students in Zurich is 3,500 CHF. Students spend from 540 CHF to 23,000 CHF per month.


Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.



Prices and cost of goods and services in Zurich


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Zurich

Dining, food, and beverages costs


Fast food combo meal

7 CHF 14 CHF 23 CHF
MINIMUM AVERAGE MAXIMUM
$7.9 $16 $26

Restaurant meal for one

24 CHF 37 CHF 73 CHF
MINIMUM AVERAGE MAXIMUM
$28 $41 $83

Fine dining meal for one

49 CHF 73 CHF 290 CHF
MINIMUM AVERAGE MAXIMUM
$55 $83 $330

Cappuccino or latte

5.8 CHF 9.3 CHF 14 CHF
MINIMUM AVERAGE MAXIMUM
$6.6 $11 $16

Grocery and market costs


Milk large bottle

4.7 CHF 5.6 CHF 7 CHF
MINIMUM AVERAGE MAXIMUM
$5.3 $6.3 $7.9

12 eggs

3.5 CHF 4.7 CHF 7 CHF
MINIMUM AVERAGE MAXIMUM
$3.9 $5.3 $7.9

Fresh whole chicken

7.9 CHF 10 CHF 15 CHF
MINIMUM AVERAGE MAXIMUM
$9 $12 $16

Pack of beef

9.3 CHF 14 CHF 28 CHF
MINIMUM AVERAGE MAXIMUM
$11 $16 $32

Medium bag of rice

3.8 CHF 5.1 CHF 7.3 CHF
MINIMUM AVERAGE MAXIMUM
$4.2 $5.8 $8.2

Bag of tomatos

1.4 CHF 1.9 CHF 3.5 CHF
MINIMUM AVERAGE MAXIMUM
$1.6 $2.1 $3.9

Bag of apples

2.5 CHF 3.3 CHF 5.4 CHF
MINIMUM AVERAGE MAXIMUM
$2.8 $3.7 $6.1
Chart showing the prices and cost of commute, travel, and transportation in Zurich

Commute, travel, and transportation costs


20 minutes taxi ride

6.1 CHF 7.3 CHF 15 CHF
MINIMUM AVERAGE MAXIMUM
$6.9 $8.3 $17

Average car full tank

35 CHF 47 CHF 93 CHF
MINIMUM AVERAGE MAXIMUM
$39 $53 $110

Average car 1-day rental

38 CHF 51 CHF 77 CHF
MINIMUM AVERAGE MAXIMUM
$43 $58 $86

Average car price

17,000 CHF 35,000 CHF 47,000 CHF
MINIMUM AVERAGE MAXIMUM
$20,000 $39,000 $53,000

Bus ticket one way

1.3 CHF 1.9 CHF 3.8 CHF
MINIMUM AVERAGE MAXIMUM
$1.4 $2.2 $4.3

Car Service

51 CHF 77 CHF 150 CHF
MINIMUM AVERAGE MAXIMUM
$58 $86 $170
Chart showing the prices and cost of utility, energy, water, and gas for a family in Zurich

Utility cost (monthly)


Utility Bill - Individual

41 CHF 290 CHF 1,900 CHF
MINIMUM AVERAGE MAXIMUM
$47 $330 $2,200

Utility Bill - Couple

110 CHF 360 CHF 2,400 CHF
MINIMUM AVERAGE MAXIMUM
$120 $410 $2,700

Utility Bill - Family

190 CHF 540 CHF 3,500 CHF
MINIMUM AVERAGE MAXIMUM
$210 $610 $3,900

Internet and cable

35 CHF 70 CHF 93 CHF
MINIMUM AVERAGE MAXIMUM
$39 $79 $110

Mobile phone charges

28 CHF 47 CHF 140 CHF
MINIMUM AVERAGE MAXIMUM
$32 $53 $160

Leisure and activities costs


Movie ticket

17 CHF 23 CHF 35 CHF
MINIMUM AVERAGE MAXIMUM
$20 $26 $39

One month gym membership

61 CHF 77 CHF 150 CHF
MINIMUM AVERAGE MAXIMUM
$69 $86 $170
Chart showing the prices and cost of clothing and accessories in Zurich

Cloths and accessories costs


Pair of jeans or pants

45 CHF 64 CHF 96 CHF
MINIMUM AVERAGE MAXIMUM
$51 $72 $110

Woman dress

43 CHF 59 CHF 190 CHF
MINIMUM AVERAGE MAXIMUM
$48 $67 $220

Woman shoes

40 CHF 55 CHF 130 CHF
MINIMUM AVERAGE MAXIMUM
$46 $62 $140

Men's shoes

35 CHF 43 CHF 85 CHF
MINIMUM AVERAGE MAXIMUM
$39 $48 $96

Men suit

38 CHF 48 CHF 260 CHF
MINIMUM AVERAGE MAXIMUM
$43 $54 $290

Regular t-shirt

19 CHF 26 CHF 77 CHF
MINIMUM AVERAGE MAXIMUM
$22 $29 $86
Chart showing the prices and cost of housing, accommodation, and rent in Zurich

Housing costs / monthly rent


Studio apartment

640 CHF 960 CHF 2,600 CHF
MINIMUM AVERAGE MAXIMUM
$720 $1,100 $2,900

1-bedroom apartment

960 CHF 1,500 CHF 3,800 CHF
MINIMUM AVERAGE MAXIMUM
$1,100 $1,700 $4,300

2-bedroom apartment

1,300 CHF 1,900 CHF 5,100 CHF
MINIMUM AVERAGE MAXIMUM
$1,400 $2,200 $5,800

Housing costs / Buying


Studio apartment

130,000 CHF 190,000 CHF 380,000 CHF
MINIMUM AVERAGE MAXIMUM
$140,000 $220,000 $430,000

1-bedroom apartment

150,000 CHF 260,000 CHF 960,000 CHF
MINIMUM AVERAGE MAXIMUM
$170,000 $290,000 $1.1M

2-bedroom apartment

260,000 CHF 770,000 CHF 1.5M CHF
MINIMUM AVERAGE MAXIMUM
$290,000 $860,000 $1.7M
Chart showing the prices and cost of furniture in Zurich

Furniture Costs


King Size Bed

700 CHF 870 CHF 1,200 CHF
MINIMUM AVERAGE MAXIMUM
$790 $990 $1,300

Double Bed

470 CHF 700 CHF 870 CHF
MINIMUM AVERAGE MAXIMUM
$530 $790 $990

Single Bed

410 CHF 540 CHF 700 CHF
MINIMUM AVERAGE MAXIMUM
$460 $610 $790

Living Room

780 CHF 1,000 CHF 3,500 CHF
MINIMUM AVERAGE MAXIMUM
$880 $1,100 $3,900

Dining Table

350 CHF 470 CHF 870 CHF
MINIMUM AVERAGE MAXIMUM
$390 $530 $990

Sofa or Couch

470 CHF 640 CHF 1,400 CHF
MINIMUM AVERAGE MAXIMUM
$530 $720 $1,600
Chart showing the prices and cost of electronic devices and appliances in Zurich

Electronics and House Appliance Costs


TV Set

470 CHF 700 CHF 1,400 CHF
MINIMUM AVERAGE MAXIMUM
$530 $790 $1,600

Fridge or Freezer

410 CHF 640 CHF 870 CHF
MINIMUM AVERAGE MAXIMUM
$460 $720 $990

Washing Machine

540 CHF 780 CHF 1,400 CHF
MINIMUM AVERAGE MAXIMUM
$610 $880 $1,600

Stove or Cooker

500 CHF 640 CHF 870 CHF
MINIMUM AVERAGE MAXIMUM
$560 $720 $990

Mobile Phone

580 CHF 700 CHF 1,000 CHF
MINIMUM AVERAGE MAXIMUM
$660 $790 $1,100

Laptop or Computer

640 CHF 780 CHF 1,400 CHF
MINIMUM AVERAGE MAXIMUM
$720 $880 $1,600

Expenditure to Income Ratio in Zurich

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.

Cost of living and expenditure to income ratio in Zurich

Spending to Income Ratio

91%

80% to 100%

( expenditure / income ) x 100


Expense to income distribution levels

Spending To Income Ratio% People
< 50%7%
50% - 60%12%
60% - 70%19%
70% - 80%27%
80% - 90%14%
90% - 100%8%
100% - 110%5%
110% - 120%3%
120% - 130%2%
130% - 140%1%
> 140%1%

Interpretation and Analysis

The average spending-to-salary ratio in Zurich is 91% This means that on average, people spend around 91% of their income for living. According to the distribution table, 19% of the population spend approximately 60% to 70% of their income every month.


How can spending be more than income?

A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.



Individual
82%
Spending-Income-Ratio
72%
92%

Couple
86%
Spending-Income-Ratio
76%
97%

Family
95%
Spending-Income-Ratio
83%
110%
Distribution of monthly cost of living expenses in Zurich

How do people spend their money in Zurich?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing Expenditure28%

28% of total expenses on average (17% to 36%)

LOW$180   160 CHF
AVERAGE$2,400   2,100 CHF
HIGH$24,000   21,000 CHF
Per Month

People living in Zurich typically spend from 17% to 36% of their total monthly expenditure on housing with 28% being the average. The average spend on housing is 2,100 CHF with expenditure ranging from 160 CHF to 21,000 CHF. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utilities, Electricity, Water, Internet, Mobile6%

6% of total expenses on average (3% to 10%)

LOW$30   27 CHF
AVERAGE$390   350 CHF
HIGH$3,900   3,500 CHF
Per Month

Utility expenditure like electricity, water, and gas in Zurich ranges from 3% to 10% of total expenses with 6% being the average. The average monthly cost of utilities is 350 CHF with 27 CHF and 3,500 CHF being the upper and lower limits.

Transport, Fuel, Commute9%

9% of total expenses on average (4% to 13%)

LOW$61   54 CHF
AVERAGE$790   700 CHF
HIGH$7,900   7,000 CHF
Per Month

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 54 CHF to 7,000 CHF on commuting with 700 CHF being the norm for most people in one month. This means that money spent on transport constitutes about 9% of total spending on average but can go as low as 4% or as high as 13%.

Food and Groceries Cost26%

26% of total expenses on average (18% to 32%)

LOW$150   130 CHF
AVERAGE$2,000   1,700 CHF
HIGH$20,000   17,000 CHF
Per Month

The average outlay on groceries in a month in Zurich is 1,700 CHF. The cost of groceries can range between 130 CHF to 17,000 CHF. People spend on average about 26% on food and groceries with upper and lower bounds of 18% and 32% respectively.

Healthcare and Medical Services8%

8% of total expenses on average (3% to 11%)

LOW$42   38 CHF
AVERAGE$550   490 CHF
HIGH$5,500   4,900 CHF
Per Month

People in Zurich allocate 3% to 11% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 8%. The range of medical expenses range from 38 CHF to 4,900 CHF with 490 CHF being the norm.

Leisure and Shopping6%

6% of total expenses on average (3% to 10%)

LOW$24   21 CHF
AVERAGE$310   280 CHF
HIGH$3,100   2,800 CHF
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 21 CHF to 2,800 CHF with 280 CHF being the average. Speaking of percentages, that equates to 3% to 10% of total expenses with an average of 6% for most residents.

Education and Schooling6%

6% of total expenses on average (4% to 12%)

LOW$36   32 CHF
AVERAGE$470   420 CHF
HIGH$4,700   4,200 CHF
Per Month

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 6% of the monthly expenditure with 4% and 12% being the lower and upper bounds respectively. The average reported education cost is 420 CHF per month with 32 CHF being the minimum spent amount and 4,200 CHF being the maximum.

Other Expenses11%

11% of total expenses on average (6% to 18%)

LOW$79   70 CHF
AVERAGE$1,000   910 CHF
HIGH$10,000   9,100 CHF
Per Month
Percentage of people who manage to save money from their income every month in Zurich

How much money can you save in Zurich every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.


What percentage of people in Zurich manage to save money from their income every month?


Saving Money
85%
Not Saving
15%

Almost 85% of the surveyed people in Zurich said that they can save some money at the end of each month while 15% said that aren't saving anything.


Percentage of people saving money by population group in Zurich

GroupSaversNon Savers
Singles85%15%
Couples80%21%
Families74%26%

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


Savings to income ratio in Zurich

Saving to Income Ratio

17% 28% of income 40%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

230 CHF
$260
3,000 CHF
$3,400
30,000 CHF
$34,000
MINIMUM AVERAGE MAXIMUM

For most people, 17% to 40% of their monthly income is what they can allocate to their savings, with 28% being the average. The amount of money that people can save is approximately 3,000 CHF on average with savings ranging from 230 CHF to 30,000 CHF.

85% of surveyed singles reported some of their income going to savings while 80% of couples said the same. 74% of families confirmed their ability to save money.


How much money do people actually save in Zurich?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.


Singles

Saving to Income Ratio

20% 33% of income 42%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

230 CHF
$260
2,100 CHF
$2,300
14,000 CHF
$16,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for singles

Saving To Income Ratio% Singles
0% - 10%27%
10% - 20%22%
20% - 30%15%
30% - 40%18%
40% - 50%13%
> 50%5%

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 20% to 42% of their monthly income to savings, with 33% being the average for most singles. The average amount of money that singles are able to save is 2,100 CHF with 230 CHF and 14,000 CHF being the minimum and maximum respectively.


Couples

Saving to Income Ratio

18% 31% of income 41%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,100 CHF
$1,300
3,400 CHF
$3,900
18,000 CHF
$21,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%31%
10% - 20%24%
20% - 30%18%
30% - 40%13%
40% - 50%10%
> 50%4%

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 18% to 41% of their monthly income, with 31% being the average for most couples. The average amount of money that couples can save is 3,400 CHF with 1,100 CHF and 18,000 CHF being the minimum and maximum respectively.


Families

Saving to Income Ratio

16% 26% of income 36%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,600 CHF
$1,800
4,600 CHF
$5,200
30,000 CHF
$34,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%34%
10% - 20%27%
20% - 30%19%
30% - 40%10%
40% - 50%7%
> 50%3%

Interpretation and Analysis

Families in Zurich can save anywhere between 16% to 36% of their monthly income, with 26% being the average for most families. The average amount of money that families can put aside is 4,600 CHF with 1,600 CHF and 30,000 CHF being the minimum and maximum respectively.

Reasons that make it difficult for people to save money in Zurich

Saving Challenges in Zurich

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Zurich. Listed below are the answers given by the survey participants.


Reason% People
Low Income7%
High Expenses10%
Debt and Loans20%
Lack of Budgeting Skills10%
Impulsive Spending8%
Financial Emergencies6%
Living the moment7%
Will do it later15%
Inflation10%
Social Pressure4%
Market Instability3%

Around 7% of the people said that their salary is too low to accommodate a portion for savings while 10% said that the high cost of living leaves little room for savings. 20% of the residents said that they are burdened with debt and find it challenging to save money. 10% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 8% blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 7% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 15% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 10% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 4% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Where do people choose to put their savings in Zurich

Typical saving choices for people in Zurich

Where do people choose to put their savings?


Saving Type% People
Emergency Funds10%
Gold9%
Savings Accounts18%
Retirement Accounts12%
Cash Savings14%
Real Estate10%
Investment6%
Stocks7%
Bonds7%
Mutual Funds3%
Certificates of Deposit4%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical to live in Zurich

Affordable living in Zurich

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Zurich?


Yes
97%
No
3.5%

Around 97% of surveyed residents think that living in Zurich is affordable with proper budgeting while 3.5% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting. Are there plenty of low-cost options in Zurich

Low-cost alternatives in Zurich

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options74%

Few low-cost options26%


Based on the survey, 74% of the people living in Zurich have no problem finding low-cost alternatives to support a frugal lifestyle while 26% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents of Zurich whether they have an emergency fund and the answers were as follows.

Yes97%

No3.5%


Based on the survey, 3.5% of the people living in Zurich said that they don't have an emergency fund while 97% said that they do.

Financial literacy and difficulty in budgeting and financial planning in Zurich

Financial Literacy in Switzerland

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy80%


We asked residents of Switzerland whether they acquired any adequate personal financial training in their lives. Approximately 20% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 80% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of Switzerland have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 10% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 90% said that they have everything under control.

Struggles with finance10%

Easily manages finances90%

Financial goals and targets of people living in Zurich

Financial goals of people in Zurich

In an attempt to understand the economic situation in Zurich, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund6%
Debt Reduction29%
Retirement Savings7%
Education Funding9%
Homeownership16%
Investing10%
Travel or Lifestyle12%
Healthcare Expenses7%
Financial Independence10%

Around 6% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 29% said their number one priority is to pay off high-interest debt or loans and improve credit. 7% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 9% reported that their priority is saving for the tuition fees and education costs of their children while 16% choose to buy a home or pay off existing mortgage before other things. 10% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 12% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 7% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Retirement, pension plans, and life after work in Zurich

What does the retirement lifestyle look like in Zurich and how much retirement savings are required?

Retirement age

The retirement age for most employees in Switzerland is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.


The typical saved amount of money you should have at every age as multiples of monthly salary:
AgeAmount
255x monthly salary at age 25
3010x monthly salary at age 30
3515x monthly salary at age 35
4025x monthly salary at age 40
4532x monthly salary at age 45
5048x monthly salary at age 50
5556x monthly salary at age 55
6064x monthly salary at age 60
6578x monthly salary at age 65

The typical average saved amount of money you should have at every age in Zurich:
AgeAmount
2520,000 CHF
3040,000 CHF
3570,000 CHF
40100,000 CHF
45150,000 CHF
50210,000 CHF
55250,000 CHF
60310,000 CHF
65370,000 CHF

Retirement Income Distribution

We asked residents of Zurich about their retirement income sources and below are the results.

Source% People
Pensions14%
Savings21%
Investments14%
Social Security9%
Annuities9%
Part-time Job8%
Real Estate16%
Dividends and Interest9%

Retirement Monthly Expenses in Zurich

380 CHF
$430
3,500 CHF
$3,900
23,000 CHF
$26,000
MINIMUM AVERAGE MAXIMUM
Chart showing the percentage of people who are in debt in Zurich

Debt, loans, and mortgages in Zurich


Percentage of people who are in debt


In Debt
23%
Debt Free
77%

According to the survey, 23% of the people in Zurich have some kind of debt, loan, mortgage, or credit card payments while 77% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Zurich

Debt-to-income ratio in Zurich

Debt to income ratio

28%

17% to 40%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 28% of the people's monthly income in Zurich goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%2%
50% - 60%9%
40% - 50%10%
30% - 40%12%
20% - 30%17%
10% - 20%21%
0% - 10%29%

According to our data, 2% of the debtors in Zurich pay 60%+ of their income as debt settlement while 9% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 10% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 12% dedicated 30% to 40% of income for same. Things are looking brighter for 17% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Zurich

Debt% People
Real Estate Mortgage15%
Auto Loan25%
Student Loan3%
Credit Card23%
Personal Loan34%

15% of debtors in Zurich confirm that real estate mortgages constitutes the main part of their outstanding debt while 23% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 25% of people and personal loans rose at 34%. Lastly, student loans are the main source of debt for 3% of debtors in Zurich.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Zurich

Besides measuring the loan-to-income ratio, we asked residents of Zurich how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never57%
Once a year21%
Twice a year11%
Three times a year8%
Four times a year3%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Zurich

Housing costs, accommodation, and housing affordability in Zurich

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Zurich

Monthly Rent Prices

Studio apartment monthly rent cost

640 CHF 960 CHF 2,600 CHF
MINIMUM AVERAGE MAXIMUM
$720 $1,100 $2,900

1-bedroom apartment monthly rent cost

960 CHF 1,500 CHF 3,800 CHF
MINIMUM AVERAGE MAXIMUM
$1,100 $1,700 $4,300

2-bedroom apartment monthly rent cost

1,300 CHF 1,900 CHF 5,100 CHF
MINIMUM AVERAGE MAXIMUM
$1,400 $2,200 $5,800

3-bedroom apartment monthly rent cost

1,500 CHF 2,600 CHF 7,000 CHF
MINIMUM AVERAGE MAXIMUM
$1,700 $2,900 $7,900

Furnished apartment monthly rent cost

3,100 CHF 7,700 CHF 15,000 CHF
MINIMUM AVERAGE MAXIMUM
$3,500 $8,600 $17,000

Townhouse monthly rent cost

2,600 CHF 3,800 CHF 11,000 CHF
MINIMUM AVERAGE MAXIMUM
$2,900 $4,300 $12,000

House monthly rent cost

3,100 CHF 7,700 CHF 15,000 CHF
MINIMUM AVERAGE MAXIMUM
$3,500 $8,600 $17,000

Villa monthly rent cost

3,800 CHF 9,600 CHF 15,000 CHF
MINIMUM AVERAGE MAXIMUM
$4,300 $11,000 $17,000

The monthly rental cost of a studio apartment in Zurich ranges between 640 CHF and 2,600 CHF, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 960 CHF to 3,800 CHF. Two-bedroom rentals rate ranges between 1,300 CHF and 5,100 CHF per month. The monthly rental for a three-bedroom apartment ranges from 1,500 CHF to 7,000 CHF. The average rent of a townhouse in Zurich is around 3,800 CHF while house rental costs can be as high as 7,700 CHF per month. Finally, if you want to rent a villa, expect to pay anywhere from 3,800 CHF to 15,000 CHF per month.



Apartment and house prices in Zurich

Cost of buying a property

Studio apartment price

130,000 CHF 190,000 CHF 380,000 CHF
MINIMUM AVERAGE MAXIMUM
$140,000 $220,000 $430,000

1-bedroom apartment price

150,000 CHF 260,000 CHF 960,000 CHF
MINIMUM AVERAGE MAXIMUM
$170,000 $290,000 $1.1M

2-bedroom apartment price

260,000 CHF 770,000 CHF 1.5M CHF
MINIMUM AVERAGE MAXIMUM
$290,000 $860,000 $1.7M

3-bedroom apartment price

850,000 CHF 1.3M CHF 3.8M CHF
MINIMUM AVERAGE MAXIMUM
$960,000 $1.4M $4.3M

Townhouse price

1.1M CHF 2.6M CHF 9.6M CHF
MINIMUM AVERAGE MAXIMUM
$1.2M $2.9M $11M

House price

1.3M CHF 7.7M CHF 11M CHF
MINIMUM AVERAGE MAXIMUM
$1.4M $8.6M $12M

Villa price

1.5M CHF 8.5M CHF 13M CHF
MINIMUM AVERAGE MAXIMUM
$1.7M $9.6M $14M

The average price of a studio apartment in Zurich can range from 130,000 CHF to 380,000 CHF depending on location. One bedroom cost can be anywhere from 150,000 CHF to 960,000 CHF. A villa can cost you 8.5M CHF on average with prices ranging from 1.5M CHF to 13M CHF.


If you're leasing or purchasing, housing costs in Zurich will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


57 x170 monthly income 261
MINIMUM AVERAGE MAXIMUM

Property prices in Zurich can be x170 to x261 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x170 multiples of the average monthly salary in Zurich.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


28% 40% of income 51%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Zurich is around 40%. This means that people pay 40% of their income for rent. Those figures can range from 28% to 51% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
37%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.6%
AVERAGE
3.6%
TO
4.7%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


11 CHF 140 CHF 1,400 CHF
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Zurich

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Zurich

Utility Bill Cost / Electricity + Water + Gas / Individual

41 CHF 290 CHF 1,900 CHF
MINIMUM AVERAGE MAXIMUM
$47 $330 $2,200

Utility Bill Cost / Electricity + Water + Gas / Couple

110 CHF 360 CHF 2,400 CHF
MINIMUM AVERAGE MAXIMUM
$120 $410 $2,700

Utility Bill Cost / Electricity + Water + Gas / Family

190 CHF 540 CHF 3,500 CHF
MINIMUM AVERAGE MAXIMUM
$210 $610 $3,900

Internet and cable cost

35 CHF 70 CHF 93 CHF
MINIMUM AVERAGE MAXIMUM
$39 $79 $110

Mobile phone bill and charges

28 CHF 47 CHF 140 CHF
MINIMUM AVERAGE MAXIMUM
$32 $53 $160

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly expenditure for individuals on electricty, water, and gas in Zurich ranges between 41 CHF and 1,900 CHF with average being 290 CHF, meanwhile the expenditure of couples is slightly higher at 360 CHF with 110 CHF and 2,400 CHF being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 540 CHF. The cost of internet and WiFi is unchanged among the three groups and ranges from 35 CHF to 93 CHF with 70 CHF being the average internet bill. Finally, the average monthly mobile charges is around 47 CHF but can range between 28 CHF and 140 CHF depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


1.1% 4.5% of income 9.1%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Zurich is around 4.5%. This means that people pay 4.5% of their income for energy, water, internet, and mobile charges. Those figures can range from 1.1% to 9.1% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Zurich

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Zurich

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

7 CHF 14 CHF 23 CHF
MINIMUM AVERAGE MAXIMUM
$7.9 $16 $26

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Zurich is approximatly 14 CHF with meal cost ranging from 7 CHF to 23 CHF. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

24 CHF 37 CHF 73 CHF
MINIMUM AVERAGE MAXIMUM
$28 $41 $83

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 24 CHF and 73 CHF with 37 CHF being the average price of a plate for one person at a regular restaurant in Zurich.

Fine dining meal for one price

49 CHF 73 CHF 290 CHF
MINIMUM AVERAGE MAXIMUM
$55 $83 $330

The price range of a meal at fine-dining restaurant is 49 CHF to 290 CHF with the average cost being 73 CHF for one person. This is what you would expect to pay a top-tier diner in Zurich.

Beverage prices, cappuccino, latte etc..

5.8 CHF 9.3 CHF 14 CHF
MINIMUM AVERAGE MAXIMUM
$6.6 $11 $16

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Zurich is around 9.3 CHF. Price ranges between 5.8 CHF and 14 CHF depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

4.7 CHF 5.6 CHF 7 CHF
MINIMUM AVERAGE MAXIMUM
$5.3 $6.3 $7.9

The average price of a large bottle of milk in Zurich is 5.6 CHF. The maximum what you would pay for milk is 7 CHF and the minimum being 4.7 CHF depending on the brand of milk and other properties.

12 eggs price

3.5 CHF 4.7 CHF 7 CHF
MINIMUM AVERAGE MAXIMUM
$3.9 $5.3 $7.9

A dozen eggs costs around 4.7 CHF on average with 3.5 CHF and 7 CHF being the lower and upper limits respectively.

Fresh whole chicken price

7.9 CHF 10 CHF 15 CHF
MINIMUM AVERAGE MAXIMUM
$9 $12 $16

The price range of a fresh whole chicken in Zurich is between 7.9 CHF and 15 CHF depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 10 CHF.

Pack of beef price

9.3 CHF 14 CHF 28 CHF
MINIMUM AVERAGE MAXIMUM
$11 $16 $32

The price of a regular pack of beef or meat is around 14 CHF. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

3.8 CHF 5.1 CHF 7.3 CHF
MINIMUM AVERAGE MAXIMUM
$4.2 $5.8 $8.2

A bag of rice in Zurich costs around 5.1 CHF on average with prices rangeing between 3.8 CHF and 7.3 CHF depending on the brand and quality.

Bag of tomatos price

1.4 CHF 1.9 CHF 3.5 CHF
MINIMUM AVERAGE MAXIMUM
$1.6 $2.1 $3.9

A bag of tomatoes costs anywhere from 1.4 CHF to 3.5 CHF. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

2.5 CHF 3.3 CHF 5.4 CHF
MINIMUM AVERAGE MAXIMUM
$2.8 $3.7 $6.1

A bag of apples costs 3.3 CHF on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


18% 27% of income 34%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Zurich is around 27%. This means that people spend 27% of their income on grocery and basic household items. The expenditure can range from 18% to 34% depending on salary and location.


Expenditure on food and grocery for every population group

A single person living alone spends approximately 770 CHF per month on grocery and food with expenditure fluctuating between 110 CHF and 5,200 CHF depending on location and the type of person. The average cost of food and groceries for a couple is around 1,100 CHF per month. That number can be get as low as 380 CHF or a high as 6,000 CHF. Families' spending on grocery ranges from 680 CHF to 13,000 CHF with the location, income, and size of the family being the most determinite factors.


Single
Spending habits, consumption analysis, and expenditure patterns for a single person living in Zurich

Housing cost for a single person34%

34% of total expenses on average (22% to 46%)

LOW$280   250 CHF
AVERAGE$2,000   1,700 CHF
HIGH$13,000   12,000 CHF
Per Month

Utilities, Electricity, Water, Internet, Mobile7%

7% of total expenses on average (3% to 12%)

LOW$47   41 CHF
AVERAGE$330   290 CHF
HIGH$2,200   1,900 CHF
Per Month

Transport and Fuel Cost7%

7% of total expenses on average (5% to 13%)

LOW$62   55 CHF
AVERAGE$440   390 CHF
HIGH$2,900   2,600 CHF
Per Month

Food and Groceries Cost17%

17% of total expenses on average (11% to 22%)

LOW$120   110 CHF
AVERAGE$870   770 CHF
HIGH$5,800   5,200 CHF
Per Month

Healthcare Cost10%

10% of total expenses on average (4% to 14%)

LOW$70   62 CHF
AVERAGE$490   430 CHF
HIGH$3,300   2,900 CHF
Per Month

Leisure and Shopping Expenditure4%

4% of total expenses on average (3% to 7%)

LOW$39   34 CHF
AVERAGE$270   240 CHF
HIGH$1,800   1,600 CHF
Per Month

Education Cost2%

2% of total expenses on average (1% to 4%)

LOW$16   14 CHF
AVERAGE$110   97 CHF
HIGH$730   640 CHF
Per Month

Other Expenses19%

19% of total expenses on average (11% to 23%)

LOW$140   120 CHF
AVERAGE$980   870 CHF
HIGH$6,500   5,800 CHF
Per Month


Couple
Average monthly living expenditure breaks and spending patterns for couples in Zurich

Housing cost for a couple31%

31% of total expenses on average (24% to 41%)

LOW$1,000   910 CHF
AVERAGE$3,100   2,700 CHF
HIGH$16,000   15,000 CHF
Per Month

Utilities, Electricity, Water, Internet, Mobile6%

6% of total expenses on average (4% to 10%)

LOW$120   110 CHF
AVERAGE$410   360 CHF
HIGH$2,700   2,400 CHF
Per Month

Transport and Fuel Cost11%

11% of total expenses on average (5% to 16%)

LOW$360   320 CHF
AVERAGE$1,100   970 CHF
HIGH$5,800   5,200 CHF
Per Month

Food and Groceries Cost15%

15% of total expenses on average (10% to 20%)

LOW$420   380 CHF
AVERAGE$1,300   1,100 CHF
HIGH$6,800   6,000 CHF
Per Month

Healthcare Cost12%

12% of total expenses on average (6% to 16%)

LOW$330   300 CHF
AVERAGE$1,000   890 CHF
HIGH$5,300   4,700 CHF
Per Month

Leisure and Shopping Cost5%

5% of total expenses on average (2% to 8%)

LOW$180   160 CHF
AVERAGE$550   480 CHF
HIGH$2,900   2,600 CHF
Per Month

Education Cost2%

2% of total expenses on average (1% to 4%)

LOW$61   54 CHF
AVERAGE$180   160 CHF
HIGH$970   860 CHF
Per Month

Other Expenses18%

18% of total expenses on average (12% to 24%)

LOW$510   460 CHF
AVERAGE$1,500   1,400 CHF
HIGH$8,200   7,300 CHF
Per Month


Family
Average monthly expenses and break out of spending for families living in Zurich

Housing cost for a family30%

30% of total expenses on average (25% to 40%)

LOW$1,400   1,200 CHF
AVERAGE$3,900   3,400 CHF
HIGH$25,000   22,000 CHF
Per Month

Utilities, Electricity, Water, Internet, Mobile4%

4% of total expenses on average (2% to 7%)

LOW$210   190 CHF
AVERAGE$610   540 CHF
HIGH$3,900   3,500 CHF
Per Month

Transport and Fuel Expenses7%

7% of total expenses on average (5% to 9%)

LOW$420   380 CHF
AVERAGE$1,200   1,100 CHF
HIGH$7,900   7,000 CHF
Per Month

Food and Groceries Cost19%

19% of total expenses on average (12% to 25%)

LOW$760   680 CHF
AVERAGE$2,200   1,900 CHF
HIGH$14,000   13,000 CHF
Per Month

Healthcare Expenses9%

9% of total expenses on average (5% to 14%)

LOW$380   340 CHF
AVERAGE$1,200   1,100 CHF
HIGH$6,300   5,600 CHF
Per Month

Leisure and Shopping Cost4%

4% of total expenses on average (2% to 8%)

LOW$210   190 CHF
AVERAGE$610   540 CHF
HIGH$3,900   3,500 CHF
Per Month

Education Cost14%

14% of total expenses on average (7% to 22%)

LOW$590   530 CHF
AVERAGE$1,700   1,500 CHF
HIGH$11,000   9,800 CHF
Per Month

Other Expenses13%

13% of total expenses on average (6% to 18%)

LOW$340   300 CHF
AVERAGE$970   860 CHF
HIGH$6,300   5,600 CHF
Per Month


Student
Cost of living and expenses break down for students living in Zurich

Housing costs for Student22%

22% of total expenses on average (17% to 28%)

LOW$150   130 CHF
AVERAGE$930   830 CHF
HIGH$6,200   5,500 CHF
Per Month

Utilities, Electricity, Water, Internet, and Mobile Expenses5%

5% of total expenses on average (3% to 9%)

LOW$24   21 CHF
AVERAGE$160   140 CHF
HIGH$1,000   920 CHF
Per Month

Transport and Fuel Cost6%

6% of total expenses on average (5% to 12%)

LOW$42   38 CHF
AVERAGE$270   240 CHF
HIGH$1,800   1,600 CHF
Per Month

Food and Groceries Expenditure21%

21% of total expenses on average (15% to 25%)

LOW$120   110 CHF
AVERAGE$780   690 CHF
HIGH$5,200   4,600 CHF
Per Month

Healthcare Cost7%

7% of total expenses on average (4% to 10%)

LOW$36   32 CHF
AVERAGE$230   210 CHF
HIGH$1,600   1,400 CHF
Per Month

Leisure and Shopping Cost4%

4% of total expenses on average (3% to 8%)

LOW$30   27 CHF
AVERAGE$190   170 CHF
HIGH$1,300   1,200 CHF
Per Month

Education Cost19%

19% of total expenses on average (12% to 24%)

LOW$120   100 CHF
AVERAGE$740   660 CHF
HIGH$4,900   4,400 CHF
Per Month

Other Expenses16%

16% of total expenses on average (10% to 22%)

LOW$91   80 CHF
AVERAGE$580   520 CHF
HIGH$3,900   3,500 CHF
Per Month
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