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HOUSING

Here’s how much rent prices across Switzerland fell by in 2019

Good news for renters in Switzerland this year, with rental prices falling on average across the country in 2019. Here’s the average drop - and where they declined the most.

Here’s how much rent prices across Switzerland fell by in 2019
Photo: Depositphotos

Rents in Switzerland declined by an average of 0.5 percent last year, figures from the end of 2019 show. 

The fall was strongest in December, where rents decreased by 0.4 percent. 

READ: Rent prices in Switzerland likely to fall next year

The figures, published on Tuesday, come from Swiss property and rentals company ImmoScout24 and real estate consultancy CIFI. 

Besides highlighting an overall decline in rents, the percentage figures also show stark regional variations across the country. 

Central and north-western Switzerland saw the biggest drops, with 1.7 percent and 0.9 percent respectively – while rents in the Lake Geneva region decreased by 1.1 percent. 

No longer cheaper to buy?

Buying has often been thought of as a way of saving money in Switzerland, although recent figures show that perhaps a few other people had the same idea.

READ: Is it better to rent than to buy in Switzerland? 

Prices for buying increased across Switzerland by around 2.8 percent – including an increase of 0.5 percent in December alone. 

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A spokesperson for ImmoScout24 said low interest rates were fuelling the demand for buying as opposed to renting in Switzerland, 

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COST OF LIVING

Six no-gimmick websites that help you save money in Switzerland

Sure, there are many adverts on the internet that claim to offer cheaper this and that, but more often than not, clicking on the link could cost you even more money (and time). However, there are also credible sites in Switzerland that will actually help you spend less.

Six no-gimmick websites that help you save money in Switzerland

When you live in an expensive country like Switzerland, getting more bang for your buck (or franc) may seem like an impossible feat.

Some residents of border areas save money by shopping for groceries in France, Italy, or Germany, where most products are much cheaper.

But not everyone in Switzerland has access to these stores and some people may actually prefer to support their own economy, even if it costs more.

READ MORE: Everything you need to know about the cost of living in Switzerland

These six sites will not help you save money on everything, but they will help you in that direction.

Comparis.ch is an independent comparison platform that provides well-researched and impartial information on best deals in a variety of areas.

They include lowest prices for insurance (health, life, travel, car, and others); properties (including loans and mortgages); vehicles; and mobile phone and internet plans.

You can also find price comparison for various electronics; toys; beauty and wellness services; car and motorcycle accessories, and other products and services.

Moneyland.ch is another, though similar, cost comparison website, where lowest prices for banking, insurance and telecom services can be found.

Like Comparis, Moneyland will often produce reports ranking certain products and services, such as healthcare and insurance plans, which can give you a valuable insight on how to save in Switzerland. 

We can’t tell you which of the two resources is better; visit both and see which one fits your needs. Both have a English-language pages, as well as producing reports in Switzerland’s national languages. 

Cost of living: How to save on groceries in Switzerland

Toppreise.ch

This comprehensive portal also lists prices for hundreds of products in a wide range of categories, including electronics; household items, and appliances; clothing and jewellery; and even wine.

You can get good deals on wine if you look around. Image by Holger Detje from Pixabay

Bonus.ch

This site compares prices of items ranging from foods to body care products at Coop, Migros, and Lidl.

The prices may not always be up to date (and may change as the war in Ukraine and inflation progress), but the site will nevertheless give you a good idea of which products are cheapest where.

READ MORE: 13 things that are actually ‘cheaper’ in Switzerland

Consumer sites

While these websites aim primarily at protecting and defending consumer rights, they also have some useful information on how to save money on various purchases.

For instance, the Swiss-German chapter, Stiftung für Konsumentenschutz has advice on how to save on customs taxes when purchasing goods online in foreign countries.

In the French speaking cantons, Féderation  Romande des Consommateurs has information on where in the region you can pick your own strawberries and save money while doing so, and in Ticino, Associazione consumatrici e consumatori della Svizzera italiana has similar information.

If you visit these consumer sites regularly, you will find helpful advice on how and where to spend less on certain products and services at that particular time.

Find out where picking your own strawberries will save you money. Photo: Anna Tarazevich / Pexels

And then there is this…
 
If you want to know how much the price of communal services such as water and waste management is in your commune and how it compares with other Swiss municipalities, you can check it out on this official government website.
 
It doesn’t tell you per se how to save money on these services but it is a useful resource nevertheless.

READ MORE: EXPLAINED: Why is Switzerland so expensive?

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