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
₽ 14500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

-₽41598

-₽39176

-₽39062

-₽71135

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

14 500

municipal

445

social contributions

156

pensions

1 740

national

689

total

3 030

Employee

78 511

12 535

municipal

9 697

501

pensions

3 140

501

national

15 027

776

total

27 864

1 778

Employer

78 511

12 535

social contributions

844

135

pensions

6 281

1 003

total

7 125

1 138

Corporate

14 500

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%.

2 900

total

2 900

Dividends

11 600

withholding

2 552

total

2 552

Income

14 500

Total tax

34 989

5 452

2 916

3 030

After tax

-20 489

9 048

11 584

11 470

Living cost

50 646

Free-cash

-71 135

-41 598

-39 062

-39 176

Estimated living cost is ₽50646 per week

₽34424

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

₽4708

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

₽758

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.

₽10756

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.