Welcome to the Finfacts Blog

Monday, July 10, 2017

Swiss basket of grocery items +91% more expensive than France in 2017

A Swiss basket of grocery items is +91% more expensive than France in 2017.

Switzerland is a wealthy country and the per head standard of living (based on consumption adjusted for price differences) is among Europe's highest. However, the rise in the value of the Swiss franc in recent years compared with the euro has made the country a very expensive place to visit and it is also bad news for low-income residents.

A snapshot comparison by Swissinfo of a 14-item list of basic groceries has revealed a +€27.74 (CHF30.38) difference between Switzerland (COOP supermarket in Lausanne) and France (Carrefour supermarket in Ferney Voltaire, near Geneva).