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
₽ 190500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽60665

₽61688

₽67847

₽68680

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

190 500

social contributions

2 048

municipal

20 983

national

33 752

pensions

22 860

total

79 643

Employee

77 807

164 686

pensions

3 112

6 587

national

14 892

35 367

municipal

9 610

21 721

total

27 614

63 675

Employer

77 807

164 686

pensions

6 225

13 175

social contributions

836

1 770

total

7 061

14 945

Corporate

100 497

190 500

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%.

20 099

38 100

total

20 099

38 100

Dividends

80 397

152 400

withholding

17 687

33 528

total

17 687

33 528

Income

190 500

Total tax

72 461

71 628

78 620

79 643

After tax

118 039

118 872

111 880

110 857

Living cost

50 192

Free-cash

67 847

68 680

61 688

60 665

Estimated living cost is ₽50192 per week

₽34115

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

₽4666

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

₽751

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.

₽10660

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.