Rule of thumb Rent Salary Switzerland
Common advice recommends keeping the rental costs to salary ratio at around 1:3. The ratio refers to the net income, whereby the tax reserve should already be included in the budget. So if you pay CHF 1,500 in rent, you should earn at least CHF 4,500 net.
At the Rent Salary Rule of thumb you should, however, take a few things into consideration!Â
- When looking for accommodation, consider your Service charges. A car park, Billag and other additional costs can have a greater impact than you might initially think.
- You live in a WG or with your partner? Be aware that you are also Loss of earnings should be able to bear temporarily. If someone moves out of the shared flat or a salary is cancelled due to parental leave, for example, the rent should not overwhelm you. If only one person in the household is still earning and has to finance a 4-room flat in the canton of Zurich for a longer period of time, the rent should not be too high. nest egg must be correspondingly large.Â
- Also a Purchase of real estate could be an option for you. Don't make the mistake of thinking that you generally can't afford it. The question of how high the rent can be or what is the rule of thumb for a rentable salary is superfluous if you have a Home acquire. But for reasons of space, more on this elsewhere.
Hello
The 4500.- is the effective net wage without taking into account the taxes (just because before it says something about tax reserves)?
Including taxes - i.e. money already set aside for the tax burden. However, these are all rules of thumb that should only give you a rough idea and direction.
Hello friends
I live at the moment in a cheap apartment, now I have the luck that I work for a great company.
Would like to live nicely for a change, though.
Do you have maybe a tip that I have not yet considered that would be extremely friendly
Kind regards
Have you seen the money saving tips? Savings tips Switzerland 2021
Hello 🙂
Something seems strange to me about the calculator above. If I roughly enter my current situation there, the maximum rent is far too low: income 8k, expenses 3k, rent 2k, savings 3k. But the calculator says I can only afford 650 rent. What is going wrong? I can save 3k a month, so my rent is probably reasonable, right?
Hello Martin
the calculator takes the ratio 1:3 according to your expenses/savings. If you want to save 3k, there is therefore not so much left over that you can calculate with the simple "rule of thumb" 1:3.
The calculator is just to give you a direction. If you can save 3k per month and have your finances under control, you can definitely spend more on your rent 🙂
Kind regards
In my case, the ratio of net wage (incl. deduction for control unit and company car) to rent (incl. utilities, food, internet, Netflix and minor repairs) is 1:2.5
Therefore I don't have a car (company car) which I have to maintain or finance myself and the rent is more than the usual. Therefore I am so satisfied.
Gross wage (can be better compared) of me and my girlfriend in relation to the rent including utilities without food, internet etc. would be 1:4.25
Hello dear colleague
Now I'm a bit confused. Why is the rule of thumb superfluous when buying a home? What may be a rule of thumb when renting is already a FINMA regulation when buying. The banks' affordability calculation clearly states that the cost of the debt in relation to income must not exceed 33%. In practice, there are of course loopholes, but this rule is not "superfluous".
Hey Fabio 🙂
this simply meant that the affordability calculation could not be made with THE rule of thumb for the rent/income ratio, simply because there are two pairs of boots. I agree with you about the 33%, but I didn't want to include the topic of home financing in this article 🙂
Many greetings!