> the high value is artificial given how much even basic supermarkt good cost
Compared with which location?
My experience is that you're way better off in Zurich than, say, London where you'll end up having similar costs. https://livingcost.org/cost/london/zurich illustrates that. Zurich seems similar to San Jose: https://livingcost.org/cost/san-jose-us/zurich.
Prices in most supermarkets are high, but I've come to understand this as most consumers being price-indifferent for groceries, at least in Zurich, because it represents little of their overall costs anyway. If you want to save on groceries, Lidl is way cheaper than Coop/Migros, but many consumers prefer convenience. That's not even including the case of people living in Basel / Geneva who buy groceries in Germany / France such that Swiss prices don't matter to them.