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> From what I can tell, Zurich beats the Bay Area. Yes, with the similar salaries and a 1:1 exchange rate between CHF and USD and the only tax is the Cantonal
by rolltiide 7y ago
> From what I can tell, Zurich beats the Bay Area.
Yes, with the similar salaries and a 1:1 exchange rate between CHF and USD and the only tax is the Cantonal tax of 13% vs 50% for Bay Area, it makes Zurich way far ahead.
The offices in Zug down the street get only 7% tax.
And healthcare is free, but its a negligible concern at these compensation ranges. It just shows how the American arguments fall apart, since most of them are based on "how much Europeans must have to be taxed"
- jsnell 7y agoBasically everything you wrote is incorrect. - It's not just the cantonal tax; you've ignored the federal and municipal taxes. - The location of the office isn't what matters, but where you live. - Healthcare definitely isn't free. Everyone is legally obligated to buy private health insurance.
- rolltiide 7y agoThanks for the summary, makes me wonder if I would live in Zug and work in Zurich.
- zrhswe 7y agoIf you like having a 40+ min commute instead of a few minutes of walking/biking for a few thousands of tax savings a year. Some people don't. Generally the richer you are the more you get to value your own time.