Is it expensive to live in Zurich?

FGP Swiss & Alps

Switzerland’s Zurich has always been the best place where people go for their holidays. The place has beautiful mountains, scenic and calm lakes, and picturesque views. It is a beautiful destination for those who want to live in style. Zurich city is in the heart of Europe. The city has a unique charm, reflected in the architecture of the buildings and the laid-back atmosphere. The city is also home to many famous companies, for example, the Swiss banking group UBS and the famous pharmaceutical company Novartis. The great fashion designer Karl Lagerfeld also has his office in the city.

The city is also the leading center for business and finance. Here, we explain why you should expect to spend more money on the cost of living in Zurich.

Why is it expensive to live in Zurich?

The Swiss city of Zurich is home to over half a million people. It’s a thriving metropolis and home to most of the world’s wealthiest people. The high cost of living is attributed to the presence of the affluent class. But, while it’s not cheap to live here, it is relatively affordable.

So why is it so expensive to live in Zurich? For starters, it’s a haven for wealthy investors who want to take advantage of Switzerland’s favorable tax situation. Zurich has a highly educated workforce, and it’s considered a global financial center. 

High Cost of Living

Life in Zurich is expensive, given the high cost of living. It’s estimated that the average household income in the United States is $56,000, while Switzerland’s is $95,000. The data means that you need more money to live in Switzerland that in the United States.


Expensive Housing

The cost of housing in Zurich is high, associated with the high number of luxury homes. Zurich has some of the world’s most expensive homes, and they belong to affluent people. For example, a studio apartment in the city center costs more than CHF 1,000 a month, while A 2-bedroom apartment goes for about CHF 2,000 a month.

Presence of High-End Restaurants and Shops

Zurich is a cosmopolitan city with many high-end restaurants and shops. Most people find the cost of living in the city quite high. The cost of living in Zurich depends on where you live, plus it’s hard to find a home that fits all your needs. For example, you may need to spend a lot of money on transportation. If you want to live close to the business district, you might need to pay a premium price for your home.

Why Should You Consider Living in Zurich?

Zurich is a beautiful city with many unique things to explore. It has a very interesting history, making it different from the rest of the cities. However, the city is expensive, especially during summertime.

  • Job & Education

Living in Zurich means that you need to have a high level of education. The average income is over $100,000, and most people are college graduates. One of the Swiss government requirements is that a person must have a degree to get a government job. However, the government provides a lot of support for the working poor, and social programs exist to help those who cannot afford to pay for their education.

Because of the high cost of living, most of the population lives in the urban center, known as Zürich. Most of the jobs in the city center are in the financial sector, which includes banking, insurance, and consulting. Some large industries in the city include food processing, textiles, and metalworking. The city also has many small businesses, such as restaurants, shops, and small hotels.

Education is a big part of the culture in Switzerland, and the university system is one of the best in the world. Most students attend college after they finish high school, and some choose to continue to study at a university.

  • Equality

The Swiss have a culture of equality, and everyone is treated equally. The Swiss government is also a leader in inequality issues. For example, the government helps those with disabilities. Women are also given equal rights, and the government offers equal pay to men and women. The Swiss are also well known for their neutrality, and the country does not get involved in military conflicts.

  • Weather

Zurich is known to be one of the coldest parts of Switzerland. People love to live in Zurich due to the weather. The summers are milder, and the temperatures rarely get above 100°F. However, during winter, it becomes cold and snowy when it comes to winter. The temperature in the city reaches down to -20°F at night. The wind chill makes it feel as low as -30°F. In fact, it is said that the average temperature in the city is about -6°F. If you are a fan of cold weather, you should consider moving to Zurich for your next destination.

  • Lifestyle

The lifestyle in Zurich is very different from that in other cities in Europe. It is a sophisticated and intellectual place, and the people are friendly. People speak both German and French, and many others speak English. Many expatriates live in the city, and the language barrier is not a problem. 

Final Thoughts 

In conclusion, Zurich has high living costs compared to cities in France, Germany, Austria, Italy, or any other country in Europe. High housing costs also contribute to the expensive life in the city, but the place is among the best and most livable cities. It has good jobs and education, a great environment, a sophisticated lifestyle, a vibrant culture, and peace. I believe that if you like a multicultural city, then you should consider moving to Zurich.