I don't buy that COL is significantly higher unless you're firehosing money everywhere for the hell of it. You can spend scads of money, but you're not obligated to. I lived there for five years, and left in December. My grocery bill was the same as it is now in Ireland (but still less than my parents pay in Chicagoland) and while I don't pay rent in Ireland, a friend just got a "steal" on an apartment @ €2500/mo in outer Dublin, while I was paying CHF 2250 for a 3-storey townhouse with private parking in outer Zürich. Road tax is similar. Health insurance more in CH, but we're talking 6k/yr vs 2.4k. And income tax was so low in CH that the foreign tax credit didn't do much for me, and I ended up having to cut a check to the IRS for 5 figures every year. Switzerland is truly exceptional, and you can make crazy money there.