Insurance was 8.4% in 2009, but cost has risen for past 2 years
BERN, SWITZERLAND – Average disposable household income in Switzerland in 2009 was CHF6,650 a month, with 13 percent of that, CHF1,185, going for food, beverages and restaurants. Housing and energy together made up the largest household budget item, CHF1,495 a month.
Transport used up 7.7 percent of the budgets and entertainment 6.7 percent. Clothing: 2.4 percent.
Households were left with, on average, savings of CHF1,160 after all expenses were deducted.
Taxes consumed on average CHF1,125 a month, some 12 percent, or less than what a household spent on food and beverages.
But taxes are only one part of Swiss mandatory expenses, which also include social security payments:
– 10 percent of disposable income that includes AVS and company pension plans (the Swiss first and second pillars)
– the mandatory part of the health insurance system (5 percent)
– and money sent to other households, for example as part of a divorce settlement (2 percent).
These mandatory expenses together with taxes account for 29 percent of household budgets, some CHF2,720 a month.
In addition, the Swiss in 2009 spent 3.4 percent on health insurance not covered by the basic, obligatory plans.
The figures were published by the Swiss Statistical Office Tuesday 15 November.
The office notes three important points: 58 percent of all households had lower revenue than the average, 39 percent had at least two people contributing to the revenue, and revenue here includes salaries but also social security income, pension payouts, interest payments, dividends, income from fortunes and money from other households (notably divorce settlements).