Liechtenstein, Vaduz

Overview

Liechtenstein, Vaduz Vaduz is the capital of the principality of Liechtenstein. Vaduz has a lively tourist industry, despite being one of the very few capital cities in the world without an airport or railway station.

Liechtenstein is in Central Europe, between Austria and Switzerland. The climate is continental with cold, cloudy winters with frequent snow or rain and cool to moderately warm, cloudy, humid summers.

The official language is German. Alemannic and English are also spoken. The main religion is Christianity.

The economy of Liechtenstein is a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and living standards on a par with the urban areas of its large European neighbours. Low business taxes - the maximum tax rate is 18% - and easy incorporation rules have induced about 73,700 holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues.

Liechtensteiners are typically formal in business and social settings. Business culture is traditional and formal. Suits are the standard form of dress at business meetings. Businesswomen can wear either suits or smart dresses.

The security risk for expatriates in Liechtenstein is low. The largest risk for expatriates are the winter weather conditions.

The currency of Liechtenstein is the Swiss Franc (CHF). Banking is on a par with the rest of Western Europe and North America.

Medical facilities are good, however the cost of treatment for expatriates from outside the EU can be high.

The population of Vaduz is 5,400 (2019 est.), while the inflation rate (CPI) is 0.1% for Liechtenstein as at September 2019.

Xpatulator Hypothetical Tax for Liechtenstein is based on the current personal income tax rates which are progressive up to 8%.

Cost Of Living

The cost of living for expatriates / professional migrants in Vaduz as at 1 October 2019 is very high in comparison to other places in the world.

We have collected prices for the same items, world wide, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Vaduz is as follows:
1) Alcohol (where available) & Tobacco: for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1000 in New York costs USD$900
2) Clothing: for items such as business, casual and children's clothing and footwear. A basket costing USD$1000 in New York costs USD$1220
3) Communication: for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$216
4) Education: for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30000 in New York costs USD$28200
5) Furniture & Appliances: for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2500 in New York costs USD$1825
6) Groceries: for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1000 in New York costs USD$1110
7) Healthcare: for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1000 in New York costs USD$870
8) Household Accommodation: for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5000 in New York costs USD$3500
9) Miscellaneous: for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$530
10) Personal Care: for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$440
11) Recreation & Culture: for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$545
12) Restaurants Meals Out and Hotels: for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1000 in New York costs USD$840
13) Transport: for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1000 in New York costs USD$1050

Vaduz is 72.5% more expensive than Houston TX for groceries, 63% more expensive for household costs than Kuala Lumpur, and 78.8% more expensive for transport costs than Dubai.

Vaduz is ranked as a some hardship location.

The hardship premium for Vaduz for an expat from Perth, is for example 10%, i.e. host location (Vaduz) premium of 20% minus home (Perth) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Vaduz? Register subscribe to your home location and Vaduz and run your personalised reports.

International Cost of Living Calculators

Do you need a Cost of Living Comparison Calculator?

International Cost of Living Calculator Pricing

Cost of Living Articles and Rankings

Cost of Living Reviews by City and Country for 780 International Locations

International Cost of Living Help

The cost of living for expatriates / professional migrants in Vaduz as at 1 October 2019 is very high in comparison to other places in the world.

Vaduz is ranked as a some hardship location.