So this is what it feels like to be poor....

So this is what it feels like to be poor....

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Discussion

Kermit power

Original Poster:

28,786 posts

215 months

Thursday 4th August 2011
quotequote all
I earn a decent salary. It needs to be decent with a non-working wife and three small kids to support, but whilst we can't afford to eat out every night, I've at least never been in a position of having to particularly worry about what we put in the Ocado basket or anything like that.

Until now, that is. We're currently on holiday in Switzerland, and it is fking horrific! Basically, everything, with the sole exception of petrol, is at least twice the price you'd pay in the UK.

New Zealand rack of lamb? Ocado will sell it to you at £15.99 per kg. Migros in Sion will ask £41 (CHF50) for the same kilo! Some nice, juicy New Zealand Gala apples for pud? £1.65 per kg in the UK, or £3.19 (CHF3.89) here. Maybe you'd like some gnocchi to go with it? That'll be £1.50 for a 500g pack on Ocado, or £3.12 (CHF3.81) in Switzerland.

Of course, you could be forgiven for thinking "Sod it, I'll just go to McDogmeat instead." After all, that's bound to be cheaper? Well, that 99p cheeseburger in the UK will set you back a mere £2.05 over here!!!

I do realise that the value of sterling and pretty much every other currency out there has plummeted against the Swiss Franc in the last few years, but what I don't understand is why the Swiss themselves put up with it?

On the one hand, why are they happy to pay twice the price for exactly the same imported product?

On the other, how long is it going to be before their tourist industry prices itself out of existence? We're here because my in-laws rented a chalet here (and no, I'm not comparing ski resort prices above, before anyone asks!), but I can safely guarantee that none of us will be back, since nice as it is, it has nothing that the French Alps can't offer at a significant discount, and I would assume Germany and Austria to be in a similar position for those preferring the barbaric tongue?

paddyhasneeds

51,939 posts

212 months

Thursday 4th August 2011
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What's the average take home in Switzerland? I've no idea but always assumed items were priced reasonably relative to earnings.

ringram

14,700 posts

250 months

Thursday 4th August 2011
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£10 for a Big mac meal in Norway. So its not just Switzerland.

Beardy10

23,337 posts

177 months

Thursday 4th August 2011
quotequote all
The swiss franc has basically doubled in value in the last few years against sterling which kind of explain the price differentials......mate of mine bought a place out there about four years ago (which is good) trouble is it's now eye wateringly expensive to maintain and to use! We were talking about this only the other day...the annual lads skiing trip might be going somewhere else.

Ozzie Osmond

21,189 posts

248 months

Thursday 4th August 2011
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I guess if Switzerland,

1) stopped being the world's number one destination for corrupt dictators to hide their money, and
2) joined the EU

prices would converge towards the norm.

OdramaSwimLaden

1,971 posts

171 months

Thursday 4th August 2011
quotequote all
ringram said:
£10 for a Big mac meal in Norway. So its not just Switzerland.
Just eat Burger King instead.....


















.....oh!

Kermit power

Original Poster:

28,786 posts

215 months

Thursday 4th August 2011
quotequote all
paddyhasneeds said:
What's the average take home in Switzerland? I've no idea but always assumed items were priced reasonably relative to earnings.
That may well be true, but not sustainable if you're running a resort hotel and all your customers are in France or Italy instead.

WhoseGeneration

4,090 posts

209 months

Thursday 4th August 2011
quotequote all
Ozzie Osmond said:
I guess if Switzerland,
2) joined the EU
Now, why would they ever want to do that?
They'd have to give up their citizen army, wouldn't they?
Always seemed a good concept to me.

Beardy10

23,337 posts

177 months

Thursday 4th August 2011
quotequote all
Kermit power said:
paddyhasneeds said:
What's the average take home in Switzerland? I've no idea but always assumed items were priced reasonably relative to earnings.
That may well be true, but not sustainable if you're running a resort hotel and all your customers are in France or Italy instead.
Very true...this will kill the Swiss ski resorts...especially as a lot of their visitors actually come from France,German,Italy as well as the UK. The locals obviously tend to just do day trips up the mountain and not spend much money in the resort.

galro

776 posts

171 months

Thursday 4th August 2011
quotequote all
ringram said:
£10 for a Big mac meal in Norway. So its not just Switzerland.
Wikipedia said:
Brazil - US$9.67
Norway - $7.20
Sweden - $6.56
Switzerland - $6.19
Denmark - $4.90
http://en.wikipedia.org/wiki/Big_Mac_Index

Kermit power

Original Poster:

28,786 posts

215 months

Thursday 4th August 2011
quotequote all
Beardy10 said:
Very true...this will kill the Swiss ski resorts...especially as a lot of their visitors actually come from France,German,Italy as well as the UK. The locals obviously tend to just do day trips up the mountain and not spend much money in the resort.
yes

I know it's summer at the moment, so a different dynamic, but there's no French cars around here, and just a smattering of Brits and Germans, although there are a fair few Cloggies and Belgians still.

Amusingly, I emailed my sister (who lives in Geneva) to say I thought I'd have to bite the price bullet and come out for a couple of long weekends of skiing with them this winter, and her reply was "don't worry about the price too much, we drive to Chamonix or Megeve because they're in France and therefore cheaper"!

I did also trundle off from starting this thread to pick up the Telegraph business section (€3.20 in France, and a fking criminal CHF6.20!!!) to see that the Swiss Central Bank cut interest rates by 0.5% yesterday in a desperate attempt to weaken the currency. smile

Beardy10

23,337 posts

177 months

Thursday 4th August 2011
quotequote all
Kermit power said:
Beardy10 said:
Very true...this will kill the Swiss ski resorts...especially as a lot of their visitors actually come from France,German,Italy as well as the UK. The locals obviously tend to just do day trips up the mountain and not spend much money in the resort.
yes

I know it's summer at the moment, so a different dynamic, but there's no French cars around here, and just a smattering of Brits and Germans, although there are a fair few Cloggies and Belgians still.

Amusingly, I emailed my sister (who lives in Geneva) to say I thought I'd have to bite the price bullet and come out for a couple of long weekends of skiing with them this winter, and her reply was "don't worry about the price too much, we drive to Chamonix or Megeve because they're in France and therefore cheaper"!

I did also trundle off from starting this thread to pick up the Telegraph business section (€3.20 in France, and a fking criminal CHF6.20!!!) to see that the Swiss Central Bank cut interest rates by 0.5% yesterday in a desperate attempt to weaken the currency. smile
And I should say a lot of them deserve it! The prices you have to pay to buy a bowl of pasta and a medicinal panache at lunchtime in a mountain restaurant are criminal.


Andy Zarse

10,868 posts

249 months

Thursday 4th August 2011
quotequote all
Beardy10 said:
And I should say a lot of them deserve it! The prices you have to pay to buy a bowl of pasta and a medicinal panache at lunchtime in a mountain restaurant are criminal.
Funnily enough I was telling an Austrian friend this morning about my last ski-in to Swizzleland from Austria. A beer and Spag Bol in Zermatt was £45 each. Three years ago... it would be about £90 now.

Yes it was lovely food, a magic setting and the service superb, but yeesh! I'm far from unindulgent and generally have at least two ski trips a year but there's no way I could justify doing that every day.

BigBen

11,668 posts

232 months

Thursday 4th August 2011
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We went there on holiday last year and agree it was ridiculously expensive for almost everything, except petrol! Typical bog standard evening meal was £150 for two of us and not at anywhere that fancy.

Great place for a driving holiday but probably won't be back in a hurry.

Ben

tomw2000

2,508 posts

197 months

Thursday 4th August 2011
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OP Is this a joke?

Go on cheaper holidays. Don't go on holiday. Earn more. Spend less. Get wifey earning.

You're joking, right?

SWH

1,261 posts

204 months

Thursday 4th August 2011
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£75 for a curry in Geneva, back in 2003, tricky to get signed off on the expenses claim that was... works out around £130 for the same now I think... ouch!

bp1

796 posts

210 months

Thursday 4th August 2011
quotequote all
Not just me then smile

Had a week in Saas Fee beginning of July and thank fk we were full board. The only day of the week where we had to pay for food when the chalet girls got a day off cost us £200 for lunch and dinner. - 2 main courses, a kids meal, a beer and a wine. Saas Fee also has the worlds highest revolving restaurant(used as Telly Savalas's lair in On her Majestys Secret Service) so wanted to go visit. Took me a long time to come round to the fact that a return trip on the cable/funicular for the Mrs and I was going to be £108(daughter went along as part of the kids club she was in ). Eventually paid it on the basis that I doubt I'd be back(skiing not extensive to keep me there for a week).

We came back via Paris, where it all fealt refreshingly cheap in comparison. Never thought I'd say that about Paris smile

And yes, we filled the car up on the Swiss side of the border before going back to France, only thing that was cheaper.

On a side note the Citadel at Besancon is pretty amazing to visit if you ever get a chance.

DaGuv

446 posts

208 months

Thursday 4th August 2011
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What a daft thread this is. Do you have any sense of economics??? Its all relative, you will find that the average swiss doing an average job will take home a lot more when compared to the equivalent Brit.

KaraK

13,200 posts

211 months

Friday 5th August 2011
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Depending on the currency rates and product you can end up easily paying double for something over here vs the US.

I remember Norway being horrifically expensive as a Brit when I went on holiday there back in 2002 and I can't imagine it has changed much.

Colonial

13,553 posts

207 months

Friday 5th August 2011
quotequote all
The UK, and Europe. was massively expensive for me when I was over in 08 due to the weak Australian dollar.

Reversed now.

It's the way exchange rates work.