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Yeah, it's pretty much the same as in other countries. The higher average salary makes up for the higher cost of living.
Well, it's not the same everywhere, which is why I asked. In some countries, or some cities, rent & living expenses eat up more of the salary than in other places. I don't assume anything.
Yes, Geneva is expensive. I was there a couple of weeks ago and the only thing that is cheap is wine.
A pizza in a restaurant is around 20 francs.
A bus/tram ticket is 3 francs and is good for 60 minutes.
A bottle of decent wine at Aldi is 7-10 francs
Rent for a non-controled apartment is at least 2,000 francs/month
To buy a town-house style home is 1,000,000 - 1,500,000 francs
Tax is generally lower than in the USA
Gas is around 1.60/liter
Salaries are generally higher and people on lower salaries have access to subsidized housing. My son (who lives there) and his fiance are probably grossing around 200k between the two of them. They live comfortably but are not rich. They would like to buy a house but are having difficulty raising the 20% they need plus 5% to pay for legal costs. The last house they saw that they liked was 1.45 million francs.
Yes, Geneva is expensive. I was there a couple of weeks ago and the only thing that is cheap is wine.
A pizza in a restaurant is around 20 francs.
A bus/tram ticket is 3 francs and is good for 60 minutes.
A bottle of decent wine at Aldi is 7-10 francs
Rent for a non-controled apartment is at least 2,000 francs/month
To buy a town-house style home is 1,000,000 - 1,500,000 francs
Tax is generally lower than in the USA
Gas is around 1.60/liter
Salaries are generally higher and people on lower salaries have access to subsidized housing. My son (who lives there) and his fiance are probably grossing around 200k between the two of them. They live comfortably but are not rich. They would like to buy a house but are having difficulty raising the 20% they need plus 5% to pay for legal costs. The last house they saw that they liked was 1.45 million francs.
OK, so would some kind of administrative staff job pay enough for a non-rent controlled apt., or would that qualify for a subsidy? Could people with subsidized housing even afford to take public transport to work every day?
When I was there 20 years ago, a single slice of pizza in a nice restaurant cost $20. My friend who was there temporarily said that's the only kind of restaurant dinner that's affordable. I didn't see if there were more informal pizza places, or anything like that.
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Even with a mid level job in Zurich, you will have a very high quality of life.
