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
₽ 132500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽31413

₽30561

₽27725

₽28764

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

132 500

municipal

14 192

pensions

15 900

national

21 992

social contributions

1 424

total

53 508

Employee

79 474

114 545

municipal

9 816

14 705

pensions

3 179

4 582

national

15 211

22 787

total

28 206

42 074

Employer

79 474

114 545

social contributions

854

1 231

pensions

6 358

9 164

total

7 212

10 395

Corporate

40 569

132 500

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%.

8 114

26 500

total

8 114

26 500

Dividends

32 455

106 000

withholding

7 140

23 320

total

7 140

23 320

Income

132 500

Total tax

50 672

49 820

52 469

53 508

After tax

81 828

82 680

80 031

78 992

Living cost

51 267

Free-cash

30 561

31 413

28 764

27 725

Estimated living cost is ₽51267 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.

₽10888

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.