Can you live on 1000 Swiss francs per month in Switzerland?

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

I will be staying in Switzerland for a year and I am working on my budget. In my country I live on the equivalent of 500 Swiss francs per month, but I hear that Switzerland is expensive. Can a single person live ok on 1000 Swiss francs per month in Switzerland?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Hi there,

While some costs (food, housing, transportation) are very subjective in that you may be able to share a room, hitch free rides or eat simple food, two expenses which are guaranteed are the premiums you pay for compulsory health insurance and compulsory accident insurance.

You can use the unbiased moneyland.ch compulsory health insurance comparison tool to find out exactly what premiums you can expect to pay.

Best regards from Moneyguru

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Cheap bank accounts with card

Online private account

UBS key4

  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

Swiss digital bank

Radicant

  • High interest on your everyday account

  • Best exchange rates

  • Up to 1% of card spending as saveback in the investment portfolio

Swiss Bank

Bank WIR Bankpaket Top

  • Free account & card

  • No exchange fees for foreign payments (interbank exchange rates)

  • 24 ATM withdrawals worldwide per year free of charge

Swiss digital bank

Alpian

  • CHF 100 welcome bonus

  • Favorable foreign exchange rates

  • Multi-currency account with Visa card (CHF, EUR, USD, GBP) 

Free bank account

Yuh

  • No account fees

  • Banking partner: Swissquote & Postfinance

  • CHF 20 trading credit with code «YUHMONEYLAND»

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