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Growing financial strain hits Swiss middle class

Most people in Switzerland are considered middle class, yet financial insecurity is common: roughly one in four people in the lower middle class could not meet an unexpected CHF2,500 bill ($3,200), according to the Federal Statistical Office (FSO). +Get the most important news from Switzerland in your inbox The findings are based on the FSO’s household budget survey and a survey on income and living conditions. Using income levels adjusted for household composition and housing costs, the FSO divides the population into several income groups. In 2024, around 4.9 million people in Switzerland fell into the middle‑income category. This group includes, for example, single adults earning a gross monthly income of between CHF4,228 and CHF9,061. Couples with two children under the age of 14 are also classified as middle income with a combined monthly gross income of between CHF8,800 and CHF19,028. + Are most Swiss residents rich? The data show that financial strain is particularly acute ... Full story here Are you the author?
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