by Recently published data shows how prices compare across Europe. © Julija Sapic | Dreamstime.comThe data, collected by Eurostat, compares prices across a number of categories of spending in 2018. Average prices across the EU-28 are used as a base. Overall, residents of Switzerland spent 59% more on the same items than an average resident of the EU-28. Switzerland was 57% more expensive than Italy, 54% more expensive than Germany, 49% more expensive than France, 41% more expensive than Austria and 35% more expensive than the UK. Compared to the EU-28 average, the biggest price differences were for education (+119%), healthcare (+107%), housing (+72%) and food (+64%) – meat was 128% more expensive, the most expensive on the list. Switzerland was slightly cheaper in some
Topics:
Investec considers the following as important: Editor's Choice, Expensive Switzerland, Personal finance
This could be interesting, too:
Investec writes Switzerland ranked second in digital competitiveness
Investec writes Swiss wages set to rise in 2025
Investec writes Federal Council hopes to boost savings with pension change
Investec writes Switzerland’s cross border workers reach record level
Recently published data shows how prices compare across Europe.
The data, collected by Eurostat, compares prices across a number of categories of spending in 2018.
Average prices across the EU-28 are used as a base.
Overall, residents of Switzerland spent 59% more on the same items than an average resident of the EU-28.
Switzerland was 57% more expensive than Italy, 54% more expensive than Germany, 49% more expensive than France, 41% more expensive than Austria and 35% more expensive than the UK.
Compared to the EU-28 average, the biggest price differences were for education (+119%), healthcare (+107%), housing (+72%) and food (+64%) – meat was 128% more expensive, the most expensive on the list.
Switzerland was slightly cheaper in some areas. It was 12% cheaper for furniture, 4% cheaper for personal transport and 2% cheaper for computers, cameras and audio visual equipment.
A comparison with Germany, France, Italy and Austria can be viewed here.
More on this:
Federal Statistical Office press release (in French) – Take a 5 minute French test now
For more stories like this on Switzerland follow us on Facebook and Twitter.