Cost of living in Switzerland

Everything a household buys
184.3 index, EU average = 100
Year
2024
Source
Eurostat

Switzerland has a price level of 184.3 where the European Union average is 100, measured for 2024. A household basket there costs about 84 percent more than the same basket across the Union.

Twelve spending categories are published for this country, so the breakdown below is measured rather than inferred from the headline.

The spread inside the basket is wider than the headline suggests. Education is the most expensive category at 269.9, and Transport the least at 126.9.

Switzerland: prices were close to flat over the year to 2024, changing by 0.1 percent.

Switzerland is the 39 cheapest of the 39 countries this source measures on the same scale, which places it in the dearer half of that group.

Nothing measured on this scale is more expensive. The next country down is Iceland at 172.7, out of 39 measured the same way.

Directly comparable with 38 other countries measured on the same scale.

A price level is not a budget. It compares a standard basket between countries and takes no account of what you earn, of the difference between the capital and a small town, or of what a newcomer pays for rent as opposed to what a sitting tenant pays. Read it as a starting point for a comparison, not as a figure to plan around.

Everything a household buys

MeasureValueYear
Food and soft drinks158.52024
Alcohol and tobacco140.32024
Clothing and shoes138.72024
Housing, water and energy214.42024
Furniture and household goods138.42024
Health223.72024
Transport126.92024
Phone and internet186.12024
Recreation and culture160.62024
Education269.92024
Restaurants and hotels170.82024
Other goods and services184.12024

Questions

Switzerland: is it an expensive country to live in?

Measured against the reference this figure uses, the price level is 184.3 for 2024. That is the whole answer this page can give honestly, because a price level says what a basket costs and not what your life costs.

What year is this figure from?

It is the value recorded for 2024. Price level statistics are annual and always lag, so this is the most recent one published rather than a figure for today.

Can I compare this with another country here?

Only with countries measured on the same scale. This one is quoted as index, EU average = 100, and a country quoted on the other scale is not comparable with it without a conversion nobody has measured.

Related pages

Sources

  • Eurostat, prc_ppp_ind (Eurostat reuse policy, commercial reuse permitted with attribution)