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
₽ 103500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽13316

₽12464

₽11138

₽11952

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

103 500

municipal

10 810

pensions

12 420

national

16 751

social contributions

1 113

total

41 094

Employee

79 474

89 475

municipal

9 816

11 210

pensions

3 179

3 579

national

15 211

17 371

total

28 206

32 160

Employer

79 474

89 475

social contributions

854

962

pensions

6 358

7 158

total

7 212

8 120

Corporate

11 568

103 500

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%.

2 314

20 700

total

2 314

20 700

Dividends

9 254

82 800

withholding

2 036

18 216

total

2 036

18 216

Income

103 500

Total tax

39 768

38 916

40 280

41 094

After tax

63 732

64 584

63 220

62 406

Living cost

51 268

Free-cash

12 464

13 316

11 952

11 138

Estimated living cost is ₽51268 per week

₽34846

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.

₽10889

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.