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Old 15.10.2012, 20:00
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55k euro = ? CHF

A similar lifestyle that a 55k euro salary in a small German city gives requires a salary of how much CHF in Zurich?

55k euro seems not much converted into CHF but with much lower prices in Germany, especially for accommodation, what is the real purchaisng power and lifestyle equivalent in CHF?
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Old 15.10.2012, 20:05
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Re: 55k euro = ? CHF

CHF100'000. That's always the answer. (actually, in this case, it's actually about right)
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Old 15.10.2012, 20:12
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Re: 55k euro = ? CHF

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CHF100'000. That's always the answer. (actually, in this case, it's actually about right)
Maybe 100K in the city, but could be same purchase power as 82,5K in the provinces.
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Old 15.10.2012, 20:34
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Re: 55k euro = ? CHF

I was expecting answers over 100k. 82,5 seems very low to me.
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Old 15.10.2012, 20:41
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Re: 55k euro = ? CHF

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I was expecting answers over 100k. 82,5 seems very low to me.
It's equivalent to your DE model - living costs are less outside of major conurbations - so one-and-a-half times €uro isn't unrealistic.
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Old 15.10.2012, 20:44
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Re: 55k euro = ? CHF

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A similar lifestyle that a 55k euro salary in a small German city gives requires a salary of how much CHF in Zurich?

55k euro seems not much converted into CHF but with much lower prices in Germany, especially for accommodation, what is the real purchaisng power and lifestyle equivalent in CHF?
Also depends on the family-situation.
Childcare is much less expensive in Germany.
Housing is generally less expensive, too - and you don't have to hand in the application with 50 others...
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Old 15.10.2012, 20:54
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Re: 55k euro = ? CHF

I agree with the 100k ballpark number...Not everything is more expensive here than Germany. Really it is just food and rent - utilities, cell phone, insurances are all cheaper here for us (or the same) as they were in Germany. Childcare is more expensive here in CH, maybe, but I am a stay at home mom so didn't have day care costs.
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Old 15.10.2012, 21:33
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Re: 55k euro = ? CHF

100K is a good number. Reduce it by 20% for tax purposes and substract health insurance of about 300CHF a month. While the rent is significantly higher, the living costs (food) are reasonable about 30% more expensive than in Germany. Anything tourist related is very expensive (restaurants, cafe, hotel, rental car, etc.). For a 3 person family you can make due with 100K without being too stingy. Kids are considered a luxury item in Switzerland, keep that in mind.
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Old 16.10.2012, 09:53
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Re: 55k euro = ? CHF

Thanks a lot everyone!
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Old 16.10.2012, 11:43
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Re: 55k euro = ? CHF

In order to compare apples with apples you'll need to factor in that 50% of the (mandatory) health insurance premiums are on top of the 55k EUR salary, since it is paid by the employer. And your mandatory health insurance covers the entire family (no extra premiums for spouse or children).

With higher salaries you'll also need to factor in that - unlike in Switzerland - certain social security contributions are capped at a certain amount. However, I do not think that this applies to your case.

A (German language) gross/net calculator is available here:
http://www.spiegel.de/wirtschaft/ser...-a-223811.html
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Old 16.10.2012, 11:55
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Re: 55k euro = ? CHF

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In order to compare apples with apples you'll need to factor in that 50% of the (mandatory) health insurance premiums are on top of the 55k EUR salary, since it is paid by the employer. And your mandatory health insurance covers the entire family (no extra premiums for spouse or children).

With higher salaries you'll also need to factor in that - unlike in Switzerland - certain social security contributions are capped at a certain amount. However, I do not think that this applies to your case.

A (German language) gross/net calculator is available here:
http://www.spiegel.de/wirtschaft/ser...-a-223811.html
Not if you were privately insured in Germany like we were forced todo. In 2009 when we moved to DE we were told that since we were previously insured in the US, that counted as being privately insured and we could not sign up for TKK or other public Kassen. We paid 1200 Euros a month for our health insurance...out of that, the company paid the maximum for private of 272 EUR or so... I guess we are the exception to the rule, but for us, health care in Switzerland was cheaper than we previously had in Germany, and about the same as what we paid I the US (well, a bit more as we took out the extra dental insurance)
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Old 16.10.2012, 12:22
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Re: 55k euro = ? CHF

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Not if you were privately insured in Germany like we were forced todo. In 2009 when we moved to DE we were told that since we were previously insured in the US, that counted as being privately insured and we could not sign up for TKK or other public Kassen. We paid 1200 Euros a month for our health insurance...out of that, the company paid the maximum for private of 272 EUR or so... I guess we are the exception to the rule, but for us, health care in Switzerland was cheaper than we previously had in Germany, and about the same as what we paid I the US (well, a bit more as we took out the extra dental insurance)
The OP is based in Switzerland. AFAIK most (if not all) health insurances in Switzerland qualify as 'public insurance' from a German perspective, thus enabling you to access the 'public Kassen system' in Germany.
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Old 16.10.2012, 13:12
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Re: 55k euro = ? CHF

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The OP is based in Switzerland. AFAIK most (if not all) health insurances in Switzerland qualify as 'public insurance' from a German perspective, thus enabling you to access the 'public Kassen system' in Germany.

That is fine, I thought the OP wanted to know how much is needed in CH when one has 55k in DE...

Anyways, as I said, most people do not fall into the loophole we did, and I think it might be different now anyways, but I almost wanted to get back on a plane home when I found out we would have to be privately insured...we did inquire before we moved but were given incorrect info as the law was relatively new

Last edited by drmom; 16.10.2012 at 13:19. Reason: fixed typo
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Old 16.10.2012, 13:35
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Re: 55k euro = ? CHF

refer to this magic forumula:

US/CH Salary conversion
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Old 16.10.2012, 13:55
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Re: 55k euro = ? CHF

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That is fine, I thought the OP wanted to know how much is needed in CH when one has 55k in DE...
yes, that is exactly what I meant. I am an EU citizen so I guess I would have the same health insurance rights as German citizens.

I find life here very expensive, very difficult to get a good flat and very hard to integrate due in large part to the impossible to learn dialect that is spoken here. I speak good hochdeutsch but even after a few years here can't understand much of what is said to me in dialect, which really limits me careerwise. 55k is an attainable salary for me in Germany so I want to know how that would leave me fixed financially compared to what I have now. I am single with no kids so the German tax system would be rather severe on me.
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Old 16.10.2012, 14:29
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Re: 55k euro = ? CHF

But in Germany the taxes and social fees are much higher compared to switzerland.
To calculate, what will be left after taxes and fees , use : http://www.simtax.de/simtaxlb.htm
and it gets even worse , if you get your "Weihnachtsgeld"(13 Month payment in November); usually in Germany your contract is limited in the first year with
a 6 months probation period, it means in the first year you are constantly on probation.
The rental market in bigger cities like munich for example is as worse as here in switzerland
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Old 16.10.2012, 14:33
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Re: 55k euro = ? CHF

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yes, that is exactly what I meant. I am an EU citizen so I guess I would have the same health insurance rights as German citizens.

I find life here very expensive, very difficult to get a good flat and very hard to integrate due in large part to the impossible to learn dialect that is spoken here. I speak good hochdeutsch but even after a few years here can't understand much of what is said to me in dialect, which really limits me careerwise. 55k is an attainable salary for me in Germany so I want to know how that would leave me fixed financially compared to what I have now. I am single with no kids so the German tax system would be rather severe on me.
As was said, it depends very much on where in German you are going to live on that salary as some cities have much higher property costs than others.

Go over and have a look at toytown. But put on your fire proof pants before you jump in with a question.

Good luck!
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Old 16.10.2012, 14:42
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Re: 55k euro = ? CHF

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As was said, it depends very much on where in German you are going to live on that salary as some cities have much higher property costs than others.

Go over and have a look at toytown. But put on your fire proof pants before you jump in with a question.

Good luck!

Funny I have seen it inferred that Toytown is harsh. I find EF much harsher than I did Toytown...or I get the feeling that EF is full of perfect people who never make mistakes (except me, of course!)
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Old 16.10.2012, 14:48
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Re: 55k euro = ? CHF

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As was said, it depends very much on where in German you are going to live on that salary as some cities have much higher property costs than others.
I'm looking to compare salary / living expenses / purchasing power of a small German city (max rent:800 euro per month - not near Munich or any other big city) with Zurich
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Old 16.10.2012, 14:49
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Re: 55k euro = ? CHF

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usually in Germany your contract is limited in the first year with
a 6 months probation period, it means in the first year you are constantly on probation.
given that is not difficult to sack people in Switzerland, you are pretty much always on probation here
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