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
₽ 208500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽78836

₽77984

₽68885

₽70003

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

208 500

municipal

23 056

pensions

25 020

national

38 030

social contributions

2 241

total

88 347

Employee

79 474

180 246

municipal

9 816

23 863

pensions

3 179

7 210

national

15 211

39 798

total

28 206

70 871

Employer

79 474

180 246

social contributions

854

1 938

pensions

6 358

14 420

total

7 212

16 358

Corporate

116 568

208 500

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%.

23 314

41 700

total

23 314

41 700

Dividends

93 254

166 800

withholding

20 516

36 696

total

20 516

36 696

Income

208 500

Total tax

79 248

78 396

87 229

88 347

After tax

129 252

130 104

121 271

120 153

Living cost

51 268

Free-cash

77 984

78 836

70 003

68 885

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.