How to manage expenses in Switzerland?


Managing expenses as a student in Switzerland is crucial, as it is known for its high cost of living. Here are some practical tips and important information to help you manage your finances effectively while studying in Switzerland:

1. Understand the Cost of Living


- Average Monthly Expenses: CHF 1,300 to CHF 1,800 per month (may vary by city).
- Accommodation: CHF 400 – CHF 800 (student halls or shared apartments)
- Food & Groceries: CHF 300 – CHF 500
- Transport: CHF 50 – CHF 100 (with student discounts)
- Health Insurance: CHF 80 – CHF 150 (compulsory)
- Miscellaneous (books, leisure): CHF 100 – CHF 200

2. Accommodation Tips


- Opt for university student residences or shared flats ("WG" or Wohngemeinschaft).
- Book early to secure affordable housing.

3. Save on Food


- Cook at home instead of eating out.
- Shop at discount supermarkets like Migros, Coop, Lidl, or Aldi.
- Take advantage of student canteens ("Mensa") for subsidized meals.

4. Transportation


- Use public transport with a Swiss Travel Pass or local student travel cards for discounts.
- Consider a bicycle for short distances.

5. Part-time Work


- Non-EU/EFTA students can work up to 15 hours/week during the semester and full-time during holidays (after residing in Switzerland for 6 months).
- Check with your university’s career services for job opportunities.

6. Health Insurance


- Health insurance is mandatory. Some universities offer guidance on choosing affordable student insurance plans.

7. Scholarships & Grants


- Apply for scholarships offered by Swiss universities, government, or external organizations.
- Check Pollster Education for guidance on available scholarships.

8. Student Discounts


- Always carry your student ID.
- Look for discounts on transport, museums, cinema, and events.

9. Banking & Budgeting


- Open a local bank account for easy transactions.
- Use budgeting apps to track and control your expenses.

10. Sim Cards & Internet


- Choose prepaid or student deals from providers like Swisscom, Sunrise, or Salt.

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Need help finding affordable courses or scholarships in Switzerland?
Pollster Education can guide you on universities, application process, and budgeting advice for studying in Switzerland.

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