Economic Research

Disposable Income in Swiss Municipalities MAY 2011 (LU) Map of Municipality Regional Overview

Municipality Facts

Canton LU Mandatory charges

District low high Population (2009) 1'359 Fixed costs Swiss average Population growth (1999-2009) 0.1% low high Employed persons (2008) 753

The fixed costs comprise: living costs, ancillary expenses, charges for water, sewers and waste collection, cost of commuting to nearest center. The mandatory charges comprise: Income and wealth taxes, social security contributions, mandatory health insurance. Both are standardized figures taking the Swiss average as their zero point.

Information about Commuting

Commute to Transportation Commuter Time Integrated fare network / Cost per year in CHF mode no. (2000) each way travel pass Single person Married couple Family in minutes 1 commuter 2 commuters 1 commuter

Olten (SO) Private vehicle 23 17 - 4'414 11'539 4'576 Olten (SO) Public transp. 23 24 Point-to-point ticket 1'089 2'178 1'089

Basel (BS) Private vehicle 4 49 - 10'492 24'437 10'956 Basel (BS) Public transp. 4 58 Point-to-point ticket 2'286 4'572 2'286

Information on commuting relates to routes to the nearest relevant center. The starting point in each case is the center of the corresponding municipality. Travel costs associated with vehicles vary according to household type and are based on the following vehicle types: Single person = compact car, married couple = higher-price-bracket station wagon + compact car, family: medium-price-bracket station wagon.

Disposable Income for Reference Households

Single person Married couple (no children) Family (2 children) Retired couple In employment 1 person 2 persons 1 person Retired Income 75'000 250'000 150'000 80'000 Assets 50'000 600'000 300'000 300'000 Living situation Rented apartment 60m2 High-quality SFH Medium-quality SFH Rented apartment 100m2 Commute to Transp. mode CHF% CHF % CHF% CHF %

Olten (SO) Private vehicle 34'00045% 85'100 34% 65'300 44% - - Olten (SO) Public transp. 37'30050% 94'400 38% 68'800 46% - - - Basel (BS) Private vehicle 28'10037% 72'800 29% 59'200 39% - - Basel (BS) Public transp. 36'30048% 92'700 37% 67'800 45% - -

No commuting 38'30051% 96'000 38% 69'800 47% 48'800 61%

"Disposable income" relates to the amount that remains at a household's disposal based on income from employment, assets, occupational pensions and any transfer payments and after deduction of all mandatory charges (income and wealth taxes, social security contributions, pension contributions, health insurance premiums) and fixed costs (living costs, ancillary expenses, electricity costs). The inclusion of commuting results in transportation costs, part of which are tax-deductible. SFH = single-family house. % = relative share of gross income.

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WIKON (LU) Comparison of Disposable Income

30 selected reference Cost of commuting to nearest center Commuting costs excluded municipalities in the region RDI IndicatorSingle* Couple* Family* Single* Couple* Family* Rtd Couple* Wikon (LU) 0.8535'700 89'800 67'100 38'300 96'000 69'800 48'800 (LU) 0.3532'600 83'300 63'100 37'500 93'800 68'200 47'500 (AG) 0.4534'300 89'100 66'500 37'000 95'00069'300 47'800 (AG) 0.5134'900 90'200 66'900 37'000 95'400 68'300 47'300 (AG) 0.7135'500 92'600 68'300 37'700 97'600 70'700 48'900 (LU) 0.7234'300 87'700 65'100 38'900 97'500 69'100 49'200 (LU) 0.8334'100 94'300 69'500 38'800 104'900 73'500 49'100 (AG) 0.9035'600 99'900 73'200 38'100 105'900 75'800 49'600 (AG) 0.7734'900 99'200 72'700 37'300 105'300 75'300 48'400 (LU) 0.9834'000 100'600 73'400 38'700 110'500 77'400 49'100 (LU) 0.4132'700 84'200 64'500 37'900 95'700 69'900 48'600 (AG) 0.8036'400 93'000 68'800 37'800 96'700 69'500 48'900 Walterswil (SO) 0.5034'400 84'900 63'400 36'100 89'400 65'200 46'700 (AG) 0.8335'800 98'500 71'700 36'900 101'400 72'900 47'500 (AG) 0.8034'800 100'300 73'600 37'600 107'000 76'400 48'800 (LU) 0.7434'000 94'500 69'600 38'300 103'600 74'100 48'700 (LU) 1.1335'300 98'300 72'400 38'700 106'200 75'900 49'900 Schötz (LU) 0.8233'700 96'500 71'300 38'500 107'400 76'300 49'000 (AG) 0.8235'100 99'500 73'000 37'300 105'200 75'400 48'400 (AG) 0.6335'800 89'000 67'100 37'900 94'300 68'500 49'400 (LU) 0.9335'100 93'500 68'400 39'500 102'900 72'900 50'100 (AG) 0.7835'000 98'500 72'400 37'600 104'700 75'000 48'700 (AG) 0.7136'000 91'500 66'900 37'500 94'800 68'400 48'100 (AG) 0.9035'900 97'300 71'200 38'000 102'600 73'400 49'100 (LU) 0.4133'100 83'200 63'200 37'100 92'500 66'500 46'700 (LU) 0.8434'300 93'800 70'000 38'500 103'400 74'300 49'300 (AG) 0.6535'200 92'900 69'200 37'700 98'900 71'000 48'800 (LU) 0.8134'300 93'000 69'400 38'200 101'900 73'400 48'800 (AG) 0.6535'100 94'000 68'800 37'000 98'100 70'700 47'500 Olten (SO) 0.9136'200 94'800 68'100 36'800 95'800 68'000 46'900 Basel (BS) -1.6929'100 56'700 44'600 29'900 58'900 45'500 35'300

The RDI (Regional Disposable Income) indicator expresses the disposable income for a wide range of households. For it is set at 0. Cost of commuting: average cost of public transport and private vehicle. * The definition of reference households corresponds to that on the first page. Bold = nearest relevant center of employment. Only municipalities with more than 500 inhabitants are taken into account. The number of municipalities corresponds to the number in 2008 (2'706). Information

Contact Further Information Credit Suisse Economic Research "Living and Commuting: Where's the Least Expensive Place to Live? Disposable Income in Switzerland" Regional Analysis www.credit-suisse.com/research Swiss Economy Regions Publications Email: [email protected] Sources Tel.: +41 44 334 74 19 Details of sources are contained in the above-mentioned study.

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Disclaimer This document was prepared by Credit Suisse Economic Research, and does not constitute the results of any financial analysis by ourselves or others. As a result, the "Directives on the Independence of Financial Research" issued by the Swiss Bankers Association do not apply to this document. This publication is for information purposes only. The views expressed herein are those of Credit Suisse Economic Research at the time of going to print (we reserve the right to make amendments).

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