A survey of the cost of living in 77 cities, by UBS, ranks Zurich (1st) and Geneva (2nd) as the most expensive. In Zurich, less than five days pay affords an iPhone X. While average net pay in Geneva is 33% above New York. The extra net pay in Zurich (+53%) and Geneva (+33%), compared to New York is far greater than the relatively higher costs of these cities. The price level premiums, including rent, in Zurich (+4.3%) and Geneva (+2.9%) are tiny compared to the extra net pay.
Source: Le News May 30, 2018 12:45 UTC