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
₽ 133500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽32314

₽31465

₽28557

₽29604

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

133 500

municipal

14 315

pensions

16 020

national

22 183

social contributions

1 435

total

53 953

Employee

79 044

115 410

municipal

9 763

14 832

pensions

3 162

4 616

national

15 129

22 984

total

28 054

42 432

Employer

79 044

115 410

social contributions

850

1 241

pensions

6 324

9 233

total

7 174

10 474

Corporate

42 066

133 500

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%.

8 413

26 700

total

8 413

26 700

Dividends

33 653

106 800

withholding

7 404

23 496

total

7 404

23 496

Income

133 500

Total tax

51 045

50 196

52 906

53 953

After tax

82 455

83 304

80 594

79 547

Living cost

50 990

Free-cash

31 465

32 314

29 604

28 557

Estimated living cost is ₽50990 per week

₽34657

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

₽4740

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

₽763

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.

₽10830

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

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.