Economic Research Disposable Income in Swiss Municipalities MAY 2011 GISIKON (LU) Map of Municipality Regional Overview Municipality Facts Canton LU Mandatory charges District Luzern low high Population (2009) 1'056 Fixed costs Swiss average Population growth (1999-2009) 1.8% low high Employed persons (2008) 384 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 Luzern (LU) Private vehicle 58 14 - 4'498 11'725 4'664 Luzern (LU) Public transp. 58 18 TVLU 3 Zones 882 1'764 882 Zürich (ZH) Private vehicle 15 29 - 8'151 19'513 8'490 Zürich (ZH) Public transp. 15 48 Point-to-point ticket 2'241 4'482 2'241 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 % Luzern (LU) Private vehicle 33'70045% 78'400 31% 60'400 40% - - Luzern (LU) Public transp. 37'30050% 88'300 35% 64'200 43% - - - Zürich (ZH) Private vehicle 30'30040% 71'300 29% 56'800 38% - - Zürich (ZH) Public transp. 36'20048% 86'300 35% 63'000 42% - - No commuting 38'10051% 89'700 36% 64'900 43% 48'100 60% "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. page 1 Economic Research GISIKON (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* Gisikon (LU) 0.6235'500 83'400 62'300 38'100 89'700 64'900 48'100 Root (LU) 0.6534'700 91'300 67'000 36'600 95'500 68'900 45'800 Risch (ZG) 0.3338'300 66'300 55'200 40'300 71'50057'300 49'400 Dietwil (AG) -0.1432'800 76'600 59'200 35'800 83'900 62'400 45'900 Inwil (LU) 0.6034'600 89'400 65'900 36'600 93'800 68'000 45'800 Dierikon (LU) 0.6736'000 85'900 63'000 37'500 89'800 64'600 46'800 Oberrüti (AG) 0.0533'800 79'300 60'600 36'300 85'400 62'400 46'500 Buchrain (LU) 0.4135'500 80'800 60'800 36'800 84'300 62'200 46'300 Meierskappel (LU) 0.3133'500 84'500 63'500 36'000 90'500 66'100 45'200 Eschenbach (LU) 0.9536'500 94'100 68'200 38'600 98'800 69'800 48'400 Ebikon (LU) 0.6435'300 89'300 65'700 36'400 92'100 66'100 45'400 Hünenberg (ZG) -0.2037'200 57'900 49'500 38'900 61'400 50'700 47'100 Cham (ZG) 0.3437'000 77'000 60'500 38'200 79'500 61'800 45'900 Udligenswil (LU) 0.2434'700 76'100 58'000 36'600 80'200 59'200 45'700 Abtwil (AG) 0.4134'400 89'900 67'000 37'200 95'900 69'200 48'000 Sins (AG) 0.2733'300 89'900 67'300 35'700 95'100 69'000 45'200 Knonau (ZH) -0.0734'700 75'600 58'200 36'700 80'500 60'300 45'400 Ballwil (LU) 0.8335'900 89'900 65'600 38'300 95'800 68'100 47'900 Adligenswil (LU) 0.1734'400 75'900 57'700 35'600 79'100 58'300 44'300 Rothenburg (LU) 0.6635'600 85'700 63'400 37'300 90'100 65'200 46'500 Mettmenstetten (ZH) 0.1434'700 80'100 60'700 37'100 85'700 62'400 45'400 Küssnacht am Rigi (SZ) -0.1635'700 66'400 49'600 38'000 71'600 51'400 45'200 Steinhausen (ZG) 0.3638'300 69'400 56'500 39'500 71'600 57'200 47'800 Hochdorf (LU) 0.6935'200 86'500 64'200 37'900 92'500 67'100 47'900 Rain (LU) 0.6934'900 89'900 66'300 37'300 95'200 68'800 46'900 Luzern (LU) 0.0334'900 71'500 53'600 35'600 73'100 54'300 43'700 Meggen (LU) -0.2735'800 61'100 46'800 37'100 64'500 48'100 45'000 Auw (AG) 0.4234'600 89'400 66'600 37'300 95'300 68'700 48'100 Maschwanden (ZH) 0.6536'100 90'700 67'700 38'500 96'400 70'200 48'400 Obfelden (ZH) -0.0634'700 73'700 57'200 37'500 80'300 60'100 46'700 Zürich (ZH) -2.2632'600 19'300 21'200 33'500 21'500 22'100 39'800 The RDI (Regional Disposable Income) indicator expresses the disposable income for a wide range of households. For Switzerland 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. Credit Suisse Group AG Credit Suisse AG is one of the world's leading financial services providers. As an integrated bank, Credit Suisse offers clients combined expertise in the areas of private banking, investment banking, and asset management. 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). This publication may be quoted providing the source is indicated. Copyright © 2011 Credit Suisse Group AG and/or its affiliated companies. page 2.