by © 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 ...
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© 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.
Tags: Average Swiss income,Editor's Choice,Featured,newsletter,Personal finance,Swiss spending