Cost of Living in Neuchatel
Summary: Understanding the the cost of living in Neuchatel helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
Category | Cost |
---|---|
Apartment Rentals (1 bedroom in city center) | Approximately CHF 1,200 - 1,500 per month |
Apartment Rentals (1 bedroom outside city center) | Approximately CHF 1,000 - 1,300 per month |
Apartment Purchases (Price per square meter in city center) | Approximately CHF 7,000 - 9,000 |
Apartment Purchases (Price per square meter outside city center) | Approximately CHF 5,500 - 7,000 |
Transportation (Monthly Pass) | Approximately CHF 70 |
Transportation (Taxi, 1km) | Approximately CHF 3.50 |
Groceries (Milk, 1 liter) | Approximately CHF 1.50 |
Groceries (Bread, 500g) | Approximately CHF 2.50 |
Groceries (Chicken Breasts, 1kg) | Approximately CHF 20 |
Restaurants (Meal for 2 People, Mid-range Restaurant, Three-course) | Approximately CHF 100 |
Restaurants (Domestic Beer, 0.5 liter draught) | Approximately CHF 6 |
Utilities (Basic, Electricity, Heating, Cooling, Water, Garbage for 85m2 Apartment) | Approximately CHF 200 per month |
Private School Tuition (Preschool or Kindergarten, Full Day, Private) | Approximately CHF 20,000 - 30,000 per year |
Private School Tuition (International Primary School, Yearly) | Approximately CHF 25,000 - 35,000 per year |
Private School Tuition (International Secondary School, Yearly) | Approximately CHF 30,000 - 40,000 per year |
Monthly Budget for Retirees in Neuchatel
"Living in Neuchatel can be quite expensive, as is the case with most Swiss cities. The cost of housing is high, with rent for a one-bedroom apartment in the city center typically being significantly more than in other European cities. Utilities, including electricity, heating, cooling, water, and garbage, are also pricey.Groceries in Neuchatel can be costly as well, with basic items such as bread, milk, and eggs often being more expensive than in other countries. Eating out is also not cheap, with a meal at an inexpensive restaurant typically costing more than in other European cities.Public transportation in Neuchatel is efficient but can be expensive. A monthly pass for public transport is quite pricey. However, owning and maintaining a car can be even more expensive due to high fuel costs and parking fees.Healthcare in Switzerland is of high quality, but it is also costly. Everyone living in Switzerland is required to have health insurance, and premiums can be high.Leisure activities, such as going to the cinema, can also be more expensive in Neuchatel compared to other cities. Similarly, fitness and sports activities, such as gym memberships, are also typically more costly.Despite the high cost of living, salaries in Neuchatel, as in the rest of Switzerland, are also high, which can help offset these costs. However, for those earning a lower income or coming from a country with a lower cost of living, the high prices in Neuchatel can be a shock," said one expat living in Neuchatel.
Can I live in Neuchatel on $1,500 a month?
"I've been living in Neuchatel for a few years now and I can tell you that living on $1,500 a month would be quite a challenge, especially if you're used to modern amenities. The cost of living here is quite high compared to other places. For instance, a one-bedroom apartment in the city center can cost you around $1,200 per month. If you move a bit further out, say to La Coudre or Monruz, you might find something a bit cheaper, maybe around $900, but that's still a significant chunk of your budget. Then you have to consider utilities, which can run you about $150 per month, and internet, which is around $50. Groceries are also quite expensive here. Expect to spend at least $300 per month if you're frugal. Eating out is a luxury with meals at a cheap restaurant costing around $20. Public transportation is efficient and reliable, but it's not cheap. A monthly pass is around $70. If you have a car, petrol is around $1.50 per liter. Health insurance is mandatory in Switzerland and it's not cheap. The cost varies depending on your age and health condition, but expect to pay at least $200 per month. As for neighborhoods, the city center and areas like Hauterive and Saint-Blaise are quite expensive. You might want to consider more affordable areas like La Coudre or Monruz, but even there, the cost of living is high compared to what you might be used to. In terms of sacrifices, you'd probably have to give up eating out and other luxuries. You'd also have to be very careful with your grocery shopping, sticking to the basics and avoiding expensive items. You might also have to consider sharing an apartment to cut down on rent. In conclusion, while it's not impossible to live in Neuchatel on $1,500 a month, it would require careful budgeting and significant sacrifices. You'd have to live a very frugal lifestyle and even then, it might be a struggle," commented an expat living in Neuchatel.
Can I live in Neuchatel on $3,500 a month?
"I've been living in Neuchatel for a few years now and I can tell you that living on $3,000 a month is possible, but it will require some careful budgeting and lifestyle adjustments. The cost of living in Switzerland is quite high compared to other countries, especially when it comes to housing and groceries. For instance, a one-bedroom apartment in the city center can cost you around $1,200 to $1,500 per month. If you want to save on rent, you might want to consider living in neighborhoods like La Coudre or Monruz, where the rent is slightly cheaper. However, these areas are a bit far from the city center, so you'll have to factor in the cost of public transportation. On the other hand, neighborhoods like Hauterive and Saint-Blaise are quite expensive, so you might want to avoid them if you're on a tight budget. Groceries can also be quite expensive in Switzerland. To save money, you might want to shop at discount supermarkets like Aldi or Lidl, instead of the more expensive ones like Coop or Migros. Eating out can also be quite costly, so you might want to cook at home more often. Health insurance is mandatory in Switzerland and it can cost you around $300 to $400 per month, depending on your age and health condition. You might want to shop around and compare different insurance plans to find the most affordable one. Other expenses you'll need to consider include utilities, which can cost around $200 per month, and internet and mobile phone plans, which can cost around $50 to $100 per month. In terms of entertainment, there are plenty of free or low-cost activities you can do in Neuchatel. You can go hiking in the Jura Mountains, visit the local museums, or enjoy the beautiful Lake Neuchatel. In conclusion, living on $3,000 a month in Neuchatel is doable, but it will require some sacrifices and careful budgeting. You'll need to live in a more affordable neighborhood, shop at discount supermarkets, cook at home more often, and find low-cost or free activities to do in your spare time," said one expat living in Neuchatel.
Can I live in Neuchatel on $5,000 a month?
"I've been living in Neuchatel for a few years now and I can tell you that living on $5,000 a month is definitely possible, but it does require some careful budgeting and planning. The cost of living in Switzerland is quite high compared to other countries, especially when it comes to housing and healthcare. However, if you're used to modern amenities, you'll find that Neuchatel has a lot to offer. The city is clean, safe, and has excellent public transportation. Now, let's talk about housing. The most affordable neighborhoods are Maladière and Monruz. You can find a decent one-bedroom apartment in these areas for around $1,500 a month. On the other hand, neighborhoods like Hauterive and Seedorf are quite expensive, with rents often exceeding $2,500 a month for a similar-sized apartment. So, if you want to save on rent, I'd recommend looking in Maladière or Monruz.Groceries can also be quite expensive in Switzerland. However, you can save a lot by shopping at discount supermarkets like Aldi and Lidl, and by cooking at home instead of eating out. A monthly grocery bill for a single person can be around $300 if you shop wisely.Healthcare is another major expense. The mandatory health insurance can cost around $300 a month, but it provides excellent coverage. Public transportation is very efficient and reliable in Neuchatel, so you might not need a car. A monthly public transportation pass costs around $70.So, if you add up all these expenses, you'll see that living on $5,000 a month is doable, but it doesn't leave a lot of room for extras like travel, dining out, or entertainment. You'll have to be careful with your spending and maybe make some sacrifices, but it's definitely possible to live comfortably in Neuchatel on this budget," commented an expat living in Neuchatel.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.