Full Cost of Living comparison Zurich vs New York City. Cost of Living $7,893 $3,967 Average Salary $3,162 $3,276 Average House Rent Rent Per Month Name Zurich Brooklyn, NY Apartment (1 bedroom) in City Centre $2,432.64 $2,520.35 Apartment (1 bedroom) Outside of Centre $1,587.93 $1,734.43 Apartment (3 bedrooms) in City Centre $4,027.56 $4,945.53 Apartment (3 bedrooms) Outside of Centre $2,971.07 Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels. These services dont come cheap though. CHF, Basic lunchtime menu (including a drink) in the business district, Combo meal in fast food restaurant (big mac meal or similar), 500 gr (1 lb.) The average cost of a monthly travel pass is 77.67 per person. The high housing cost is due to the increased demand for houses in the city that overpowers the supply. (1 kg), Bananas Also, the country boasts a higher income rate of 28 percent. On average, a single person must earn at least $2,000 a month to live a comfortable life. Does It Snow In Italy? Please consider telling us about your city. This comparison is based on abundant and consistent data. You'll also need to budget for parking, which costs 2.74/hour. However, salaries in Switzerland are higher, so you may have a consistent and steady income to afford a comfortable life. Many students choose to share accommodation to minimize this high expense. Like many in the fireworks industry, Stephen Vitale is in the family business. Read Also: Cost of Living in Copenhagen Guide For Family, Students and Single Person. (New York). Utilities, however, cost less in Zurich. Cost of living in Zurich is approximately around the same as in Brooklyn, NY according to the average local monthly cost. For starters, the city has world-class universities with some being internationally ranked. Universities, as centers of higher education and research, are important contributions to a citys development. The statistics used to build this comparison are calculated using data from users just like you. While renting is a cost-effective option for expatriates, especially those planning to stay in Zurich for a short while, buying is still an option. Source: city's official website, 2023. Cost of living in Zurich compared to New York - MyLifeElsewhere.com With so many options to choose from, those moving here permanently can easily find reasonable deals on SMS, calls, and data, with various Swiss mobile operators. Full cost of living comparison of Zurich vs Geneva. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Furnishing the apartment and basic utilities will cost more in Zurich though. The standard value-added tax (VAT) rate. But its not just the outdoorsy kind of people that have a reason to move to Zurich. Join the Elsewhere community and ask a question about Zurich or New York. Its surrounded by quite a scenic view with plenty of lakes and rivers. Note that prices are subject to change. In general, cities with possibility of drinking alcohol in public places have more thriving nightlife. Canadian cities are at the cheaper end of the ranking for North America, with all of them having dropped since last year. +319.4 % While Mercers Cost of Living research primarily helps employers determine compensation strategies for international assignees, Vince Cordova, Partner in Mercers Mobility Practice, is mindful that current socio-economic conditions affect all employees and their employers. Research shows that expatriates will need 6,670.86 to maintain the same living standards they can have with 5,142.86 in London. (0.33 liter), Local cheese Sources: Wikipedia, CIA World Factbook, 2023. Comparisons improve with every new data that you enter. It is worth mentioning that most internet providers in this city provide good and stable internet connections. Living cost family of 4, not including rent. The U.S., on the other hand, is ranked among the top countries that emits greenhouse gases, which is a known environmental hazard. Do you know how much money you will need there to maintain your current standard of living? On the other hand, if you lived in Zurich instead of San Francisco, expect to pay over 50% more for restaurants, 40% more for groceries, 10% more for childcare, and 37.3% more for clothing. Mercer US health news provides the latest observations, research and US healthcare industry news articles. You need about 410/month to be able to stock the fridge or eat at the university canteen. Cost of Living in New York, NY - Salary.com Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. This country is one of the largest tourist attractions. If you want to save on the cost of food, I recommend you buy groceries and cook for yourself. (8 km), Utilities for two Some people love to visit or live in a quiet city, but also want to enjoy the variety of entertainment options or job opportunities that a capital city may offer. Switzerland is surrounded by food spills and a unique culture all around its borders. (25.00 $) Meal for 2 People, Mid-range Restaurant, Three-course It is good to shop around and compare contract terms before you settle on a provider. The city has a booming job market and economy that attracts the masses to the city. These prices were last updated on July 09, 2023. Versus uses cookies to improve your experience on the site. Our annual health benefits survey is one of the largest of its kind. New York City ( the base city) Apartments in Geneva - Tea | Dreamstime.com The Expatistan cost of living index has no base city. While the USA and Switzerland are both great countries to live in, their cost of living may differ significantly. NerdWallet's Cost of Living calculator shows you what it costs to live and the quality of life in New York (Manhattan), NY. The World Heritage List includes 962 properties forming part of the cultural and natural heritage which the World Heritage Committee considers as having outstanding universal value. Source: Mercer, 2023. The cost of living calculated as a consumer basket for a moderate lifestyle in developed countries and thus might seem too high for some least developed countries where maintaining such a standard of living is expensive. Mercer's widely recognized Cost of Living ranking is one of the worlds most comprehensive studies and is designed to help multinational companies and governments determine compensation strategies for their international assignees. It's also usually connected with better night life and dating possibilities. 5,301.01 USD/month. (1 kg), Onions Source: Wikipedia, 2023. Consumer prices are 61.30% higher in Zurich than in London. What's the cost of living in Switzerland? - Lingoda Source: numbeo.com, 2023, An indicator of how drinkable the tap water is, with 1 being not drinkable and 10 being very drinkable. This comparison is based on abundant and consistent data. The mega package, on the other hand, costs 39/month and allows for unlimited calling and texting within the country and 6 other EU countries, as well as unlimited SMS/MMS in and out of the country. The average rent of a single-bedroom apartment located in the city center. There are also bilingual schools that teach the Swiss curriculum in a local language and English. The USA is an expensive place to live, but Switzerland is listed among the most expensive countries in the world. The cost of living in this city is very high, even by the standards of an already expensive country. Switzerland does not tolerate eating and drinking in the car. They are also among the top providers when it comes to package deals. It provides trends in cost and plan design and looks at employers strategies for managing cost and supporting employees -- and how they have responded to the pandemic. Hong Kong 4. The first difference in the cost of living in Zurich VS San Francisco is seen in housing. Source: Wikipedia, 2023. Source: Wikipedia, 2023. Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels. However, it will cost you more as the Swiss government often imposes restrictions, which make it difficult for non-nationals to buy a property. Source: Socialbakers, 2023. Below is an overview of the monthly cost of living in Zurich for a single person. Family of four estimated monthly costs: CHF 7,255. An indicator of how safe people feel walking alone in the city during the night, with 1 being very unsafe and 10 being very safe. A ticket to the cinema, on the other hand, costs 6.5. Source: Wikipedia, 2023. Youd need around 6,681.46/month in Zurich to maintain the same living standards youd have with 7,056.42/month in New York. It pays to shop around and find a suitable plan for your needs. 7 737.18$ vs 6 058.32$ 1 140.76$ cheaper rent for a one-bedroom apartment? A 3-bedroom apartment in the same area goes for 3,013.60/month and 5,633.62/month in Zurich and San Francisco respectively. Zurich 3. There are several ways you can save in Zurich, including using public transport, taking advantage of special offers and discounts, buying at seasonal sales, and living in the outskirts of the city such as Dietikon, Winterthur, and Schlieren. Note that dental care is not catered for by the basic health cover. New York City is used as the base city for all city ranking comparisons and currency movements are measured against the US dollar. Cost of living More cities to compare Chicago vs Zurich vs Bern $2375 vs $2372 Chicago Chicago $2372 vs $2204 Vaduz Chicago $2372 vs $1618 +496.4 % McMeal at McDonalds (or Equivalent Combo Meal) 350.00 (3.81 Fr.) In Switzerland, there is no time to hibernate or huddle up like in America. (1 kg), Potatoes Despite Switzerland's high cost of living, it reportedly remains an attractive destination for foreigners, ranked as the 14 th most popular country for British expats. In addition to tuition fees, students should budget for teaching materials, which cost between 45 and 137/month, depending on the field of study. Living cost single person, not including rent. The quality of education in Switzerland and the US is different. Zurich isnt all expensive as housing, which is the biggest expense in every household, is considerably cheaper there than in San Francisco. A cheaper option would be to seek the services of a childminder or a baby sitter. So much so that three Swiss cities featured prominently in Mercer's 2021 Cost of Living City Ranking - Zurich (fifth), Geneva (eighth), and Bern (tenth). This makes Switzerland expensive for some people, primarily because of rent and additional living costs. Are you used to enjoying cold drinks at free refill stations in the US? A bigger percentage goes to food, housing, childcare, and transport. The presence and number of airports shows how good is connection of city with different international destinations and its international accessibility. An example of data being processed may be a unique identifier stored in a cookie. Cost of Living Index Expatistan's Cost of Living World Map This map shows only the top cities in the world. Let us know how we can improve or how we can help you. Its best to consider cheaper or even free options like on-campus entertainment, which is cheaper or even taking a dip in one of the many public swimming pools for free. MyLifeElsewhere is a collaborative project. However, this does not mean that the two countries are similar. Source: Wikipedia, 2023; city's official stats, 2023. SEE MY OPTIONSNo Thanks Home (current) Meal for 2 People, Mid-range Restaurant, Three-course When moving to a new country as a family, its essential to determine how much your childrens education will cost you. Social scene, cultural "feel", etc. To reflect the differences in the cost of living and inflation rates, we show the GDP at purchasing power parity (PPP). Nursing Home Fraud Cost Taxpayers $83 Million, N.Y - The New York Times Source: city's official website, 2023. Continue with Recommended Cookies. Everyone living in Switzerland must have healthcare. Fireworks Have a New Competitor: Drones - The New York Times Source: numbeo.com, 2023, An indicator of how safe people feel walking alone in the city during the day, with 1 being very unsafe and 10 being very safe. Some thoughts- New York and London are very similar. (1 kg), Apples Are you moving to New York City? Tourism is usually a major source of income of a city. How Long Does it Take to Drive the Overseas Highway? A one-bedroom house in New York costs $3,900, while the same in Zurich is $1,900. Families can also consider owning a car for easy mobility within and outside the city. Geneva, Switzerland. "Companies are still navigating their way in thepay transparencyspace, but more visibility on compensation factors will also help employees who are considering international assignments understand how they should be thinking about pay and how their financial wellness could be impacted by living in the US, added Cordova. Consumer prices are 47.9% higher in Zurich than in Copenhagen. Switzerland is a country that experiences fair climatic conditions. Cost of living in Zurich (Switzerland) is 88% more expensive than in Rochester, New York (United States) We need your help! An individual can spend more than $9,000 per annum on healthcare. If you are struggling to choose your home between the two countries, comparing the cost of living will be helpful. Mercers Cost of Living survey helps employers design efficient and equitable compensation packages for assignment locations worldwide. Source: numbeo.com, 2023, An indicator of how worried people are about having their home broken into, with 1 being not worried and 10 being very worried. It's easier to organize parties in public places. Are you moving to Zurich? Prices and comparisons for the whole range of expenses: food, housing, going out, etc. Cost of the monthly public transport ticket indicates affordability of public transportation for an average inhabitant. The most affordable option for families is public transportation. High relative humidity reduces the effectiveness of sweating in cooling the body by reducing the rate of evaporation of moisture from the skin. The perfect way to save on food in Zurich is to cook your food. There may be a need for more income for those who want a very comfortable life, especially in the major cities of Switzerland. You may spend up to $500 per month. 59.86% lower population density? cost of living in this city is very high, Monthly Cost of Living in Zurich for a Family, Monthly Cost of Living in Zurich for Single Person, Monthly Cost of Living in Zurich for Students, Average Monthly Costs of Living in Zurich, Switzerland, Cost of Living in Edinburgh For a Family, Single Person, International Students, Cost of Living in Copenhagen Guide For Family, Students and Single Person. Source: numbeo.com, 2023, An indicator of how worried people are about having their car stolen, with 1 being not worried and 10 being very worried. CHF Living Cost In Zug, Switzerland And Three Tips To Survive Copyright 2009-2023 Numbeo. Shoes and clothes are also important items to consider in a family monthly expenditure. Parking spaces are scarce; not to mention parking fees can quickly add up. To help cover these costs, international students are allowed to take up part-time work so long as it doesnt affect the progress of their studies. Moving to a new city alone can be as exciting as it is nerve-wracking since you dont know what awaits you on the other side of the world. Source: IBM, 2023. For starters, take advantage of big sale discounts to save some money, go jogging or running as opposed to getting a gym membership, and most importantly, make your meals as much as possible to save on food costs. $4,248 Cost of Living $7,910 Average Salary $3,169 Average House Rent Rent Per Month (1 out of 5) Zurich is the most expensive city in Western Europe (1 out of 72) Zurich is the 4th most expensive city in the World (4 out of 218) When you visit a restaurant in Switzerland, food preparation takes time. The most popular gross salary is 85,646/year, education requirement is a Masters degree, working experience requirement is 4-8 years, and popular industries include IT, banking, and financial services. We average the price of thousands of data points entered by users across the world. Connect to 600 Mbit/s for just 90/month, 300 Mbit/s for 72/month, or 60 Mbit/s for 54/month. Threads, Instagram's 'Twitter Killer,' Has Arrived - The New York Although most prices are about the same in both cities, the overall cost of living in Zurich is still 28.8 % higher than in New York. The cost of living in Switzerland is high compared to the USA. Between the two of us, we've spent time on 5 out of 7 continents. Other things you would pay more for in Zurich instead of London include childcare, entertainment & sports, clothing, and personal care. On average, the cost of living in Switzerland is 82.07 percent higher than in the U.S, according to Numbeo. Manage Settings What is the cost of living in Zurich? You may want to read up on a few of them to ensure youre not too frugal or too extravagant. Sunrise: This internet provider offers packages that allow users to surf unlimited with all their devices, even on the go. Source: Forbes, 2023. Population density shows how cramped or spread out inhabitants are. / Source: Wikipedia, 2023. Those on any kind of long-term medication need to confirm whether its covered by their policy. Currently, the worlds population is growing at a rate of approximately 1.07% per year. Source: Wikipedia, 2023; WMO, 2023. This amount covers the minimum deductible amount and premiums. A huge part of a students budget goes into accommodation. Furthermore, the drinks you buy here are smaller compared to the ones in America. Everyone should have at least the flu and Covid shots this fall, experts said. This article will compare the two countries and help you decide which suits you, so keep reading. For instance, renting a one-bedroom apartment in the city center costs 1,627.47 and 1,902.00 in Zurich and London respectively. Cost of Living Comparison Between London, United Kingdom And New York 2023 Mercer Cost of Living survey