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
₽ 181500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽61988

₽61136

₽55460

₽56435

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

181 500

municipal

19 907

pensions

21 780

national

31 134

social contributions

1 951

total

74 772

Employee

79 474

156 905

municipal

9 816

20 610

pensions

3 179

6 276

national

15 211

32 672

total

28 206

59 558

Employer

79 474

156 905

social contributions

854

1 687

pensions

6 358

12 552

total

7 212

14 239

Corporate

89 568

181 500

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%.

17 914

36 300

total

17 914

36 300

Dividends

71 654

145 200

withholding

15 764

31 944

total

15 764

31 944

Income

181 500

Total tax

69 096

68 244

73 797

74 772

After tax

112 404

113 256

107 703

106 728

Living cost

51 268

Free-cash

61 136

61 988

56 435

55 460

Estimated living cost is ₽51268 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.

₽10889

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.