Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
€ 22300
per

Your estimated
City
free-cash

Batumi , Georgia
€16920
€13575
€17812
€16121
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
22 300
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
223
total
-
-
-
223
Employee
5 331
-
22 300
-
income
1 066
-
4 460
-
total
1 066
-
4 460
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

16 969
22 300
-
-
total
-
-
-
-
Dividends
16 969
22 300
-
-
withholding
848
1 115
-
-
total
848
1 115
-
-
Income
22 300
22 300
22 300
22 300
Total tax
1 914
1 115
4 460
223
After tax
20 386
21 185
17 840
22 077
Living cost
4 265
4 265
4 265
4 265
Free-cash
16 121
16 920
13 575
17 812

Estimated living cost  is €4265 per year

€2643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€1150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Tbilisi , Georgia
€14539
€11194
€15431
€13292
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
22 300
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
223
total
-
-
-
223
Employee
8 308
-
22 300
-
income
1 662
-
4 460
-
total
1 662
-
4 460
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

13 992
22 300
-
-
total
-
-
-
-
Dividends
13 992
22 300
-
-
withholding
700
1 115
-
-
total
700
1 115
-
-
Income
22 300
22 300
22 300
22 300
Total tax
2 362
1 115
4 460
223
After tax
19 938
21 185
17 840
22 077
Living cost
6 646
6 646
6 646
6 646
Free-cash
13 292
14 539
11 194
15 431

Estimated living cost  is €6646 per year

€4497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€1646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

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Additional information

Source

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