Your browser is out of date. It has known security flaws and may not display all features of this websites. Learn how to update your browser[Close]

Cost analysis


Switzerland is Europe’s priciest country


Food is on average 50% more expensive in Switzerland than in the rest of Europe (Keystone)

Food is on average 50% more expensive in Switzerland than in the rest of Europe

(Keystone)

Switzerland is the most expensive country in Europe, according to the latest data from the European Statistics Office Eurostat. In Switzerland, prices for consumer goods and services are 56% higher than the European average.

Food and non-alcoholic beverages are on average 50% more expensive in Switzerland than in the rest of Europe, while restaurants and hotels are also 52% pricier. Consumer electronics are the only category that come out slightly cheaper than the European average – 6% less.

Across Europe, prices varied less for clothing and electronic items than for food, drink and especially alcohol and tobacco. For example, in Ireland, alcohol and tobacco products cost 78% more than the EU average.

Behind Switzerland in overall price rankings came Norway, with average prices 55% higher than Europe. Denmark was the most expensive EU member country, with 40% higher prices.

Although the Swiss will likely continue to cross the border to shop in neighbouring countries Germany, Italy and Austria, prices rose in all three of those countries as well: by 9% in France, 3% in Italy and 2% in Germany.

The cheapest places in Europe are Bulgaria, Romania, Poland and Hungary, with prices up to two times less expensive than the rest of the continent.

swissinfo.ch and agencies



Links

Copyright

All rights reserved. The content of the website by swissinfo.ch is copyrighted. It is intended for private use only. Any other use of the website content beyond the use stipulated above, particularly the distribution, modification, transmission, storage and copying requires prior written consent of swissinfo.ch. Should you be interested in any such use of the website content, please contact us via contact@swissinfo.ch.

As regards the use for private purposes, it is only permitted to use a hyperlink to specific content, and to place it on your own website or a website of third parties. The swissinfo.ch website content may only be embedded in an ad-free environment without any modifications. Specifically applying to all software, folders, data and their content provided for download by the swissinfo.ch website, a basic, non-exclusive and non-transferable license is granted that is restricted to the one-time downloading and saving of said data on private devices. All other rights remain the property of swissinfo.ch. In particular, any sale or commercial use of these data is prohibited.

×