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
₽ 155500
per

Your estimated
City
free-cash

Reykjavik , Iceland
₽52508
₽47944
₽47108
₽51768
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
-
-
-
155 500
social contributions
-
-
-
1 672
municipal
-
-
-
17 041
pensions
-
-
-
18 660
national
-
-
-
26 495
total
-
-
-
63 868
Employee
69 020
-
134 428
-
municipal
8 525
-
17 642
-
pensions
2 761
-
5 377
-
national
13 210
-
27 814
-
total
24 496
-
50 833
-
Employer
69 020
-
134 428
-
social contributions
742
-
1 445
-
pensions
5 522
-
10 754
-
total
6 264
-
12 199
-
Corporate
75 661
155 500
-
-
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%.

15 132
31 100
-
-
total
15 132
31 100
-
-
Dividends
60 528
124 400
-
-
withholding
13 316
27 368
-
-
total
13 316
27 368
-
-
Income
155 500
155 500
155 500
155 500
Total tax
59 208
58 468
63 032
63 868
After tax
96 292
97 032
92 468
91 632
Living cost
44 524
44 524
44 524
44 524
Free-cash
51 768
52 508
47 944
47 108

Estimated living cost  is ₽44524 per week

₽30262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
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.
₽9456
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.

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