Previous post Next post

Where an average Swiss household spends its income

Swiss

© Bigpressphoto | Dreamstime - Click to enlarge

A recent report from Switzerland Federal Statistical Office shows how an average Swiss household spends its income.

In 2015, the mean income was CHF 9,946 per month, including all forms of income and any 13th month payment received at the end of the year. This means an average Swiss household of 2.17 people had CHF 119,352 coming in across the year. According to the Federal Statistical Office, the disposable portion of it was 70%.

The largest slice of income went on taxes and social security payments (21.9%), known as AVS or AHI. The next largest hole in household pockets was housing and utilities (14.7%), followed by transport (7.6%), food and drink (5.6%), and compulsory health insurance (5.9%).

Leisure (5.6%), other insurance (3.2%), communication (1.9%), donations (1.9%), alcohol (0.7%) and another varied number of small things (17%) gobbled up much of the rest.

On average there was CHF 1,388 (14%) left at the end of the month for saving, or CHF 16,656 per year. Not every Swiss household enjoyed a mean income. 61% fell short of the mark.

 

Full story here Are you the author?
About Le News
Le News
The newspaper Le News is a free, quality, local English language newspaper launched on 31 October 2013. Le News fills a gap in local Swiss media for the numerous English-speakers living and visiting Switzerland. In late January 2015 we decided to put our print medium on hold and focus on our digital media presence.
Previous post See more for 3.) Personal Finance Next post
Tags: ,,,,

🤞 Don’t miss posts anymore!
Subscribe to our newsletter!

Permanent link to this article: https://snbchf.com/2017/11/news-swiss-household-income/

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.