Wanted to do the rough math for Zürich out of curiosity. According to this website, the cost of living in Zürich for a family of four is about CHF 8500 and the median gross monthly wage in the region is CHF 7502 (for full-time employment?) according to the bfs, so it’s pretty comfortable with two working parents. Even for the 10th percentile (CHF 4761 / month) it’s probably doable, but you need to factor in that families with young children need to pay for daycare as well. But there are benefits and aids as well, so I’m not exactly sure how liveable that situation really is. Also, taxes might be harsh or not very, i don’t know either. All I know is that sustaining a family of four with both parents earning a wage at the 10th percentile in Zürich is at least very stressful.
Also, I’m kinda sceptical about that cost of living calculation. That would equal around $130’000 a year which is lower than I would have guessed when compared to the $140’000 estimate for the USA, since cost of living in Switzerland and especially in Zürich are generally notoriously high.
TLDR: Most people in Switzerland are relatively well-off.
Wanted to do the rough math for Zürich out of curiosity. According to this website, the cost of living in Zürich for a family of four is about CHF 8500 and the median gross monthly wage in the region is CHF 7502 (for full-time employment?) according to the bfs, so it’s pretty comfortable with two working parents. Even for the 10th percentile (CHF 4761 / month) it’s probably doable, but you need to factor in that families with young children need to pay for daycare as well. But there are benefits and aids as well, so I’m not exactly sure how liveable that situation really is. Also, taxes might be harsh or not very, i don’t know either. All I know is that sustaining a family of four with both parents earning a wage at the 10th percentile in Zürich is at least very stressful.
Also, I’m kinda sceptical about that cost of living calculation. That would equal around $130’000 a year which is lower than I would have guessed when compared to the $140’000 estimate for the USA, since cost of living in Switzerland and especially in Zürich are generally notoriously high.
TLDR: Most people in Switzerland are relatively well-off.