DON’T MISS
IamExpat Job BoardIamExpat HousingIamExpat Webinars
Newsletters
EXPAT INFO
CAREER
HOUSING
EDUCATION
LIFESTYLE
EXPAT SERVICES
NEWS & ARTICLES
Home
Expat Info
Swiss news & articles
One in three people in Switzerland fear for their finances in 2023, survey finds
Never miss a thing!Sign up for our weekly newsletters with important news stories, expat events and special offers.
Keep me updated with exclusive offers from partner companies
By signing up, you agree that we may process your information in accordance with our privacy policy

One in three people in Switzerland fear for their finances in 2023, survey finds

Never miss a thing!Sign up for our weekly newsletters with important news stories, expat events and special offers.
Keep me updated with exclusive offers from partner companies
By signing up, you agree that we may process your information in accordance with our privacy policy
or
follow us for regular updates:



Related Stories

Renting in Switzerland: Where have costs risen (and fallen)?Renting in Switzerland: Where have costs risen (and fallen)?
Switzerland to enshrine the franc in the constitutionSwitzerland to enshrine the franc in the constitution
Could tips soon be taxed in Switzerland?Could tips soon be taxed in Switzerland?
Sizeable number of Swiss companies underpay their staff, report findsSizeable number of Swiss companies underpay their staff, report finds
Petrol and diesel prices in Switzerland fall to 4-year lowPetrol and diesel prices in Switzerland fall to 4-year low
Switzerland falls into deflation: What it means for youSwitzerland falls into deflation: What it means for you
What salary should I expect after graduating from Swiss higher education?What salary should I expect after graduating from Swiss higher education?
1 in 5 households in French-speaking Switzerland spend too much on rent1 in 5 households in French-speaking Switzerland spend too much on rent
For expats of all colours, shapes and sizes

Explore
Expat infoCareerHousingEducationLifestyleExpat servicesNews & articles
About us
IamExpat MediaAdvertisePost a jobContact usSitemap
More IamExpat
IamExpat Job BoardIamExpat HousingWebinarsNewsletters
Privacy
Terms of usePrivacy policyCookiesAvoiding scams

Never miss a thing!Sign up for expat events, news & offers, delivered once a week.
Keep me updated with exclusive offers from partner companies
By signing up, you agree that we may process your information in accordance with our privacy policy


© 2025 IamExpat Media B.V.
© 2025 IamExpat Media B.V.
Nov 8, 2022
Jan de Boer

Editor at IamExpat Media

Jan studied History at the University of York and Broadcast Journalism at the University of Sheffield. Though born in York, Jan has lived most of his life in Zurich and has worked as a journalist, writer and editor since 2016. While he has plunged head-first back into life in Switzerland since returning to the country in 2020, he still enjoys a taste of home at pub quizzes and karaoke nights.Read more

A new study by comparison site Comparis has revealed that one in three people in Switzerland sees themselves as financially worse off now than they were in 2021. The main reason cited for the scepticism was the imminent rise in the cost of health insurance.

One in three in Switzerland worried about finances

According to a survey of 1.000 residents in Switzerland, 33,4 percent expect their finances to worsen in the future, a rise of 16 percent compared with March 2022. Comparis explained that the increase in pessimism is not because of fears of unemployment or a reduction in salaries, but due to rising costs.

63,6 percent of respondents said that the heightened cost of basic and supplemental health insurance in Switzerland was the main reason why they expect to have less money in the future. The government confirmed in September that the cost of basic health insurance would rise by 6,6 percent on average when premiums are renewed for 2023.

According to 20 minuten, the average adult premium for basic health insurance will rise to 4.882 Swiss francs a year in 2023. The cost of insurance is already having a knock-on effect on people’s finances, with 14,1 percent of people surveyed reporting that they had difficulty raising enough money to pay for health insurance even before the premium rise was announced.

Health insurance and rental costs blamed for fears for finances

In second place with 30,8 percent, residents said that the rising cost of renting a house or apartment in Switzerland was the primary cause for concern. This is perhaps unsurprising, as a recent study by IAZI found that rental costs in Zurich have risen by 3,7 percent in the last month alone. Finally, 21,6 percent said that the loss of investment value at Swiss banks and other financial institutions was the main reason for the scepticism.

"In the spiral of inflation, the massive surcharges for basic insurance are omnipresent and fuel concerns about a deterioration in personal finances," noted Comparis finance expert Michael Kuhn. With more cost rises for energy and other goods still on the horizon, it is likely that this scepticism will continue.

By Jan de Boer