that's what i heard as well. but they do have high salaries to compensate the high cost of living.
According to an AC Nielsen Euro-Barometer study conducted in 2005, Switzerland is one of the most expensive countries in Europe, after Norway, Denmark and Finland. The main items of expenditure in oneâs budget are insurance, such as health insurance, invalidity insurance, unemployment insurance and private insurance policies (23% of a typical household budget in 2005), accommodation and energy (17%), tax (13%) and food and clothing (11%).
Other recurring monthly expenditure includes transport and fuel (12%), restaurant meals (6%), healthcare (5%) and communications (2%). In 2005, disposable income â the amount remaining after compulsory deductions (social security contributions, taxes, basic health insurance, etc.) â amounted to 72.6% of gross household income, averaging CHF 8 967.