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
₽ 211500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽81444

₽80604

₽70875

₽72010

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

211 500

municipal

23 424

pensions

25 380

national

39 015

social contributions

2 274

total

90 093

Employee

78 334

182 840

municipal

9 676

24 243

pensions

3 133

7 314

national

14 993

40 808

total

27 802

72 365

Employer

78 334

182 840

social contributions

842

1 966

pensions

6 267

14 627

total

7 109

16 593

Corporate

120 887

211 500

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%.

24 177

42 300

total

24 177

42 300

Dividends

96 709

169 200

withholding

21 276

37 224

total

21 276

37 224

Income

211 500

Total tax

80 364

79 524

88 958

90 093

After tax

131 136

131 976

122 542

121 407

Living cost

50 532

Free-cash

80 604

81 444

72 010

70 875

Estimated living cost is ₽50532 per week

₽34346

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

₽4697

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

₽756

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.

₽10732

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.