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
₽ 101500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽12061

₽11209

₽9989

₽10785

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

101 500

municipal

10 576

pensions

12 180

national

16 389

social contributions

1 091

total

40 236

Employee

79 485

87 746

municipal

9 818

10 969

pensions

3 179

3 510

national

15 213

16 998

total

28 210

31 477

Employer

79 485

87 746

social contributions

854

943

pensions

6 359

7 020

total

7 213

7 963

Corporate

9 555

101 500

income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

1 911

20 300

total

1 911

20 300

Dividends

7 644

81 200

withholding

1 682

17 864

total

1 682

17 864

Income

101 500

Total tax

39 016

38 164

39 440

40 236

After tax

62 484

63 336

62 060

61 264

Living cost

51 275

Free-cash

11 209

12 061

10 785

9 989

Estimated living cost is ₽51275 per week

₽34851

Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.

₽4766

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

₽767

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.

₽10890

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.

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Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.