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
₽ 219500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽85974

₽85126

₽74539

₽75719

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

219 500

municipal

24 346

pensions

26 340

national

40 921

social contributions

2 360

total

93 967

Employee

79 050

189 756

municipal

9 764

25 195

pensions

3 162

7 590

national

15 130

42 782

total

28 056

75 567

Employer

79 050

189 756

social contributions

850

2 040

pensions

6 324

15 180

total

7 174

17 220

Corporate

128 059

219 500

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%.

25 612

43 900

total

25 612

43 900

Dividends

102 447

175 600

withholding

22 538

38 632

total

22 538

38 632

Income

219 500

Total tax

83 380

82 532

92 787

93 967

After tax

136 120

136 968

126 713

125 533

Living cost

50 994

Free-cash

85 126

85 974

75 719

74 539

Estimated living cost is ₽50994 per week

₽34660

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.

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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.