Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

London

United Kingdom

COL index 87.6

vs
Zurich

Switzerland

COL index 101.4

London vs Zurich — Cost of Living, Salary & Tax Compared (2026)

Updated today· Recently updated
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The verdict

Living in London is 13.6% cheaper than Zurich for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for cost
Better for salary
LondonMetricZurichΔ
87.6Cost of living index101.4+15.8%
€50,000Median gross salary€50,0000.0%
€37,714Net at €50,000 gross€44,757+18.7%
€2,450Rent — 1BR centre€2,980+21.6%
€3,333Monthly COL (single)€4,108+23.3%
€43,053PPP — net / COL€44,139+2.5%
24.6%Effective tax @ €50,00010.5%-57.3%
§ 02

Monthly expenses — paired

London Zurich
Rent — 1BR centre
London
€2,450
Zurich
€2,980
Groceries
London
€360
Zurich
€560
Utilities
London
€240
Zurich
€290
Transport
London
€200
Zurich
€148
Internet
London
€33
Zurich
€62
Gym
London
€50
Zurich
€68
§ 03

Salary equivalence

50,000 gross in United Kingdom = €3,143 net monthly.

To have the same purchasing power in Zurich, you would need roughly €48,707 gross in Switzerland (≈ €3,638 net monthly, adjusted for cost-of-living index).

€50,000
London
€37,714
Net annual · 24.6% effective
PPP-adjusted equivalent
€43,053
Zurich
€44,757
Net annual · 10.5% effective
PPP-adjusted equivalent
€44,139
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§ 04

Pros & cons

London
  • +Lower rent (€2,450 vs €2,980)
  • High cost of living (index 88)
  • +Favourable tax rate (24.6%)
  • High rent-to-income ratio (78.0%)
Zurich
  • High cost of living (index 101)
  • +Favourable tax rate (10.5%)
  • High rent-to-income ratio (79.9%)
§ 05

The verdict

Across the data, Zurich delivers a higher take-home on a €50,000 gross salary; London carries a lower cost-of-living index; Zurich has the lighter effective tax burden; Zurich wins on purchasing power after costs are netted out. If purchasing power is your north star, Zurich edges it.

§ 06

Frequently asked

Is London cheaper than Zurich?+

London is cheaper. Cost-of-living index: London 87.6, Zurich 101.4 — a 13.6% difference (Q1 2026).

What is the cost of living difference between London and Zurich?+

London sits at 87.6 on our COL index, Zurich at 101.4. That works out to roughly 13.6% — London being the cheaper of the two.

Is London a good place to live compared to Zurich?+

It depends on priorities. London delivers €37,714 net on a €50,000 gross salary at a 24.6% effective tax rate. Zurich delivers €44,757 at 10.5%. Centre 1-bed rent: €2,450 vs €2,980.

How do salaries compare in London vs Zurich?+

On a €50,000 gross salary, take-home is €37,714/year (€3,143/month) in London and €44,757/year (€3,730/month) in Zurich.

Which city has lower taxes, London or Zurich?+

Switzerland has the lower effective rate at €50,000: United Kingdom 24.6%, Switzerland 10.5%.

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