Cost of living in Geneva for an average month
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- เผยแพร่เมื่อ 22 ต.ค. 2024
- This video is part one of a playlist dedicated to the logistics of moving to Geneva, where I talk about the costs of moving and living in Geneva, finding a job and apartment, about health insurance, apartment insurance and all other aspects of migrating to Geneva.
In this video, I talk about the costs of living in Geneva for an average month. As all such videos, it has a highly subjective character, but hopefully, it will still give you a rough idea of what are the costs of living here.
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www.numbeo.com...
HEALTH INSURANCE:
en.comparis.ch...
www.offremalad...
MOBILE PHONE:
en.comparis.ch...
www.sunrise.ch... - with half fare
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INTERNET:
en.comparis.ch...
GYM:
www.nonstopgym... - the cheap basic but 24-7 option
www.activfitne... - cheap option
www.letsgofitn...
MOBILITY:
www.mobility.ch/ - great option for a car in Switzerland
By popular demand, I now offer advice & consultation sessions for people who are thinking of moving or planning the move to Switzerland. There’s a lot of very personal and specific topics that I am not able to cover in videos.
For those cases, we can schedule a Zoom/Skype/FaceTime/WhatsApp call (20-45 min) where I will do my best to answer any specific questions you might have.
If you are interested, email me: hello.miko.ps@gmail.com
✏️ Advice & consultation about moving to Switzerland: hello.miko.ps@gmail.com
🧭 🎯 Check out all my content - linktr.ee/miko_ps - (blog, insta, and more 🎤 🎬 📸 🎥 📺 ✏️) 🟢
😉 I hope you enjoy the video
✍️ If you have any questions, don't hesitate to comment!
📸 Feel free to DM me on Instagram (@miko_ps)
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DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting Miko PS so I can continue to provide you with free content each week!
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Hi Miko! Renzo here :D
Enjoyable video's you have made. Hopefully we'll meet some time again. For now, best of luck and (better late than never) have a wonderful 2020! :D
I forwarded your videos to Ed as well, he wishes you all the best and warmest regards!
Keep up the videos, you're doing an awesome job!
REZTHETICS wow Renzo it’s so great to hear from you!! It’s would really be great to meet again! Thanks for the warm words, best of luck to you too and say hello to Ed from my as well! I hope to visit Maastricht some time this year
Thanks so much! With the inflation across the world, is the cost up much there?
Just finished watching this video. Quite useful since I am planning to move to Switzerland someday in the future. I just wanna ask, why did u choose Geneva out of many places in Switzerland? I hope u notice this comment and reply, thankyou!
Hello Raedawn, welcome to the channel and thanks for your comment! Im happy you found the video useful, should you have more questions, don't hesitate to DM me on insta (@miko_ps). As for Geneva, I wasn't really the one to choose Geneva, I was invited to come to the city on a work related project. Later I had a chance to stay and I definitely wanted to stay. And so I'm here now for almost 3 years 😊
Hi Miko. Thanks for your videos. For a single adult, 28 years old, no kids, how much will the taxes be?
Thanks for your comment. This will depend still on several factors (canton, your salary, how much your employer contributes out of your salary to a retirement fund, etc). But being in your exact position (which you described in your comment), I was paying something like 23% taxes on my monthly salary.
How much would transportation cost if you use public transport?
Hi there, can we please get a 2024 update?
So far I really like Sympany for health insurance. It's the second cheapest, but it's also very English--friendly and it's customer service is great. It's Basel-based, so even though it's available in Geneva, for some reason it's not common here.
Hello Esteban, thank you for your comment! I’ll have a look into Sympany. Good customer service is very important with insurers and being English friendly is rather rare, so it’s definitely a great tip, thank you!!
*Let me put an addendum - it's the second cheapest I could find for the most basic insurance and for my age (31). I don't know about the extras.
Also, if you do switch to it, please send me a comment or something since I think I might get a referral bonus.
Cool!!
Definitely, will do! Unfortunately the next opportunity to change will be 11.2020 but I’ll definitively keep Sympany in mind! Once again many thanks!
Excellent! Could you make the next video about looking for a job?
Thanks for your comment I’m glad you enjoyed! Yes, the video on finding a job is in the pipeline!
Hey miko, im in my early teens and i absolutely love Switzerland. I like every aspect of it. What should i do when i grow up and how can i study in Switzerland easily?
Hello and thanks for your comment. Hard to say really, there are many routes to reach this goal and it also depends on your interests. But in most general terms and safest way, work hard to educate yourself to a point where your expertise is world class and indisputable in a field is big here (finance, engineering, pharma, trading, tax). and of course languages.
I wish you best of luck, its admirable that you are so motivated and conscious at such a young age. If you couple your drive with consistency, focus and hard work I am confident you can reach any goal you desire. And I wish you that from the bottom of my heart 😊
Best of luck and success!
@@Miko_PS_in_Switzerland thank you man 🙏
In what currency you are talking about costs?
All princes in CHF (Swiss franks). I might sometimes say dollars since usulaly the exchange rate USD to CHF is close to 1:1
What about the cost of leisure activities such as going to the cinema, clubbing etc.?
Btw, great and informative video. Keep up the good work! 😊
thanks you, I'm glad you thinks so :D
that's a good questions, Geneva can get quite pricey in this regard. As for going out a beer will cost you 6 - 12 CHF depending on where you go, as for wine 5 - 12 CHF per glass depending on where you go. If you'd like cocktails you'll be looking at something like 15 - 30 CHF on average. On the upside, entrance to many clubs is free. Tickets to pathe cinema (cinema chain with blockbuster movies) is roughly 19 CHF, some more off cinemas are round 15CHF, there are also special deals on less busy days. Hope that answers your question ;)
Hi Miko. Thank you for the very valuable information. I wanted to know the average salaries for one to be able to live within this budget you shared. Could you help on salaries?
Hi Rodwin and thanks for your comment! It's of course a very individual matter (glassdoor is a great place to check average salaries per job and per industry). The average cost in the video is (for a single person) calculated at 4000CHF, so if you get that as your after tax salary, you'll cover all your expenses, but not really have anything left. On the other hand the 4000CHF monthly is an average, im sure it's possible to live more modestly than that. 4000CHF after tax is something like 65k CHF per year salary (before tax, but the calculation here is very rough as it depends on a number of factors, such as how much you earn, if you are married, if so, if your spouse works if you have kids etc). 65k CHF is a low salary in Switzerland.
This website (www.payscale.com/research/CH/Location=Geneva/Salary) claims the average annual salary in Geneva is 99k CHF, a single person can live comfortably off this in my opinion. You can also support a spouse off of this amount. With kids it would probably be difficult though. Did I at least partly answer your question?
@@Miko_PS_in_Switzerland yep, you are right, CHF4000/month is the minimum salary/wage per month for any one individual to be able to afford (at all) the costs of living in Geneva; the range of the salaries/wages per month, in Geneva, for work that's, typically, associated with the middle class, is between CHF6000-8000/month.
thanks! helpful!
Hello Ivy, thanks for your comment, Im glad you are finding the channel useful. Regards!
I know it's all relative to how frugal you are, but for a family of 5 (2 adults, 3 kids) is a salary of 132,000 CHF good enough to live well in Geneva?
I dont have kids myself, but from what I hear from friends who do, having kids in Switzerland is really expensive. 130,000CHF salary (depending on the canton) will be something just above 100k after taxes, lets say thats 9000 per month. An apartment for 5 people, I cannot imagine it will be possible for less than 3500-4000. insurances for the adults around 300 per head (again depending on canton and other details, you can see the details on Comparis.ch, you can also check the price for kids which I dont know completely. then food, we in 2 adults spend around 600-800 per month shopping in france, buying the same kind of selection in swiss would probably be around twice that (especially meet is like gold here...), but lets say groceries 1600. up to now we are at 5700. then the question is, what about, kids orthodontists, dentists, new clothes, kindergarden/daycare etc etc etc.
In my assesment 130,000 is comfortable living for 2 people, 2 people with a child is still possible but you dont get to splurge on vacations, going out and you cannot save all that much. with 3 kids I think its very difficult. But again, that depends how good you are with saving. I suggest you try to reach out to families with kids, they will be much better able to say what expenses you have to take into account when having kids. I dont want to discourage, just trying to give the most full answer I can, but I must admit I have big gaps in knowledge when it comes to kids.
Well done :)
Thanks, Im glad you liked it 😊
What about living in the border in France and working in Geneva?
That’s a very popular solution many people do that. Mostly because real estate (buy or rent) is so much cheaper. You’d have a Swiss permit for people living in France, you’d be a French resident, for health insurance you must decide if you take Swiss or French (you decide once in your life only). You pay tax in Swiss and then part of it is shared with France based on agreements between Switzerland and France
Is it possible for foreigner to buy property such as house in Switzerland?
I personally rent but from what I researched:
“Switzerland has strict restrictions on foreigners buying property, so depending on your background, you may find your options limited. You can buy property in Switzerland if:
- You are an EU or EFTA national with a Swiss residence permit who resides in Switzerland
- You hold a Swiss C Permit.
In both cases, you will have the same rights as a Swiss citizen to purchase property, so you can buy investment properties, holiday homes or commercial premises as well as a primary residence.”
Source: www.expatica.com/ch/housing/buying/buying-a-swiss-property-100026/
Hope this helps ☺️
Mike what would be a good Yearly salary for middle manager position in a top tier company in Geneva would be?
Nick im sorry but I cannot really give you an answer with any degree of certainty, depends on the firm and its size, depends on the industry, depends what exactly you mean by middle manager. But I do recommend glassdoor for this, I found the info there rather reliable. Best of luck and success!
hi miko. good day. i would like to ask how or what i will do to go there in switzerland??i hope u read my message. Thank you miko
Hi Muncho, thanks for your comment. If you are an EU citizen, you can live here when you have a job or you are a student. As mentioned in the immigration video (th-cam.com/video/GvpXzwmy944/w-d-xo.html) , as a non EU citizen, it's possible to live in CH while being a student (student visa) or by obtaining a permit (usually together with employer) based on special professional expertise not available in CH/EU (many people working for Google, UN or CERN live in CH on this basis). It's not easy, but can be done. For job search, I recommend:
- www.jobup.ch/en/ (the most popular job search website in Switzerland
- LinkedIn
-Glassdoor
I wish you best of luck, success and see you in Switzerland 😊
@@Miko_PS_in_Switzerland thank you for your response miko
@@Miko_PS_in_Switzerland i would like to like how to apply a job there. i was working in cruise line now. and i have my visa as a italian visa ,is this possible as a EU VISA?.i hope i can go there soon. i hope to see you soon also
How come your groceries are just 150/month?? What do you eat!?
Hello Anastasiia, thanks for your comment. In the video I’ve put 300 as an average groceries cost for one person and 150 which I consider a bare minimum, but at the same time have friends which spend that. Of course spending greatly depends on ones tastes and preferences. The idea in the minimum cost column was to show that if you’re a student or a beginning professional this is an absolute minimum you’ll need to spend to survive (pasta + passata diet ) 😂☺️
Miko PS I see, thx... I mean I live in Switzerland for more than 7 years now (Zurich + Geneva) as a student and then as a worker, and I believe I would always spend 500+ month on groceries!
Well, I have experience in optimizing groceries, once (as a student) I survived on 28€ groceries in the Netherlands 😂🤣
As for Geneva, I do groceries in France, where meat is 4-5 times cheaper, the rest also much cheaper
Hi, miko lucky you even with a shopping in como wouldn't be less then 400 fr...and i don't eat so much meat or pasta😊and now with the border close nothing less than 500 fr x month in lugano 🙈🙈👋👋🇨🇭🇨🇭have you consider lycamobile? I'm using time to time instead of sunrise prepay
What will happen to my paper if I come to Switzerland illegally?
Hello Didar! I really do not recommend doing that 😔
did you say if you don't have a car, get a car from? ???
Mobility
@@Miko_PS_in_Switzerland come funziona?
This is too incomplete. What a shame