Cost of Living in Zug, Switzerland
Last updated on Dec 11, 2024
Summary: The cost of living in Zug, Switzerland is generally high. A nice one bedroom apartment in Zug can cost anywhere from $1,500 to $2,500 per month, while a nice two bedroom apartment can cost anywhere from $2,000 to $3,500 per month. The cost of dinner at a moderately priced restaurant in Zug is usually around $30 per person.
Is the cost of living in Zug high?
We asked people how much they someone comfortably live on in Zug, they wrote:
"Yes, the cost of living in Zug is generally considered high compared to other locations," said one person in Switzerland.
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Will I save money living in Zug?
"Living in Zug can be more expensive than living in the United States in some areas, such as housing and transportation. However, the cost of living in Zug is generally lower than in the United States due to the strong Swiss Franc and the lower taxes. Additionally, the cost of food and other basic necessities is generally lower in Zug than in the United States. Therefore, overall, living in Zug can be more cost-effective than living in the United States," explained one expat living in Switzerland.
What is the average cost of housing in Zug?
If you are thinking about moving to Zug, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Zug is generally quite high. Renting an apartment in the city can cost anywhere from 1,500 to 3,000 Swiss Francs per month, while buying a property can cost upwards of 1 million Swiss Francs," remarked one expat in Switzerland.
"On the whole housing cost is higher but we are paying lower taxes and my husband's salary is better ehre than in the UK so overall we now have a slightly higher standard of living," explained one expat living in Switzerland.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
What are typical rental prices for expats in Zug?
"The rental price for a nice 1 bedroom apartment in Zug can range from around 1,500 to 2,500 US Dollars per month. For a nice 2 bedroom apartment, the rental price can range from around 2,000 to 3,500 US Dollars per month," said an expat in Switzerland.
What appliances are typically included in a rental?
We asked foreigners in Zug what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Zug typically include a refrigerator, stove, oven, dishwasher, washing machine, and dryer. Additionally, some properties may include a microwave, toaster, and other small kitchen appliances," wrote an expat living in Switzerland.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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