Cost of living in Planken

Planken, a picturesque municipality in Liechtenstein, offers a unique blend of serene landscapes and modern living. Understanding the cost of living here is crucial for anyone considering relocation or planning a visit.

This guide provides a detailed breakdown of essential expenses in Planken, including transportation costs and average salaries, to help you make informed financial decisions.

An image showcasing the beauty of Planken

People enjoying the surroundings of Planken

Cost of Living Summary

Transportation

Public Transport (One-Way Ticket)A one-way local transport ticket costs approximately $6.9.
Monthly PassA regular monthly pass for public transport is priced at $55.55.

Salaries and Financing

Average Monthly Net Salary (After Tax)The average monthly net salary in Planken is $5996.37 after tax.
Mortgage Interest RateThe average mortgage interest rate for a 20-year fixed-rate loan is 8.1%.

Cost of Living Data

The following pricing data has been gathered from 2 user contributions, as of the most recent update in May, 2023.

Transportation

Avg / Range

Transportation

Avg

Range

One-way Ticket (Local Transport)

$6.90

Monthly Pass (Regular Price)

$55.55

Salaries And Financing

Avg / Range

Salaries And Financing

Avg

Range

Average Monthly Net Salary (After Tax)

$5,996.37

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

8.1%

Overview Job Market

Planken Cost of Living

"Key Takeaways"

Planken's cost of living is influenced by relatively high transportation costs, with a one-way ticket priced at $6.9 and a monthly pass at $55.55.
The average monthly net salary is quite substantial at $5996.37, which can offset some of the higher living costs.
Mortgage interest rates are relatively high at 8.1%, which is an important consideration for potential homeowners.

Conclusion

In conclusion, Planken offers a high standard of living with significant salaries that help balance the higher costs of transportation and financing.

Potential residents should consider the impact of mortgage rates on housing affordability, while the robust salary levels provide a cushion for other living expenses.

Planken