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
₽ 118000

per

Your estimated

Best value All models

City

free-cash

Graz , Austria

₽33558

₽33056

₽26183

₽1306

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

118 000

chamber of commerce

472

income

21 833

pensions

21 829

unemployment

6 233

health

9 028

surtax

total

59 395

Employee

44 424

40 499

91 629

other

444

405

916

health

1 718

1 568

3 547

income

3 957

2 987

19 365

pensions

4 549

4 146

9 382

unemployment

1 333

1 215

2 748

total

12 001

10 321

35 958

Employer

44 424

40 499

91 629

accident

577

526

1 192

other

2 110

1 923

4 353

chamber of commerce

177

162

366

unemployment

1 333

1 215

2 748

surtax

pensions

5 575

5 084

11 500

payroll

1 333

1 215

2 748

health

1 680

1 531

3 464

total

12 785

11 656

26 371

Corporate

60 792

65 844

87 772

income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

15 199

16 462

21 943

total

15 199

16 462

21 943

Dividends

45 593

49 382

withholding

12 537

13 581

total

12 537

13 581

Income

118 000

Total tax

52 522

52 020

84 272

59 395

After tax

65 478

65 980

33 728

58 605

Living cost

32 422

Free-cash

33 056

33 558

1 306

26 183

Estimated living cost is ₽32422 per week

₽19449

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

₽3311

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

₽579

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.

₽9083

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

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.