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
₽ 194500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽70378

₽69529

₽62112

₽63156

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

194 500

municipal

21 430

pensions

23 340

national

34 537

social contributions

2 091

total

81 398

Employee

79 044

168 144

municipal

9 763

22 183

pensions

3 162

6 726

national

15 129

36 186

total

28 054

65 095

Employer

79 044

168 144

social contributions

850

1 808

pensions

6 324

13 451

total

7 174

15 259

Corporate

103 066

194 500

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%.

20 613

38 900

total

20 613

38 900

Dividends

82 453

155 600

withholding

18 140

34 232

total

18 140

34 232

Income

194 500

Total tax

73 981

73 132

80 354

81 398

After tax

120 519

121 368

114 146

113 102

Living cost

50 990

Free-cash

69 529

70 378

63 156

62 112

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.