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
₽ 226000

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽90034

₽89185

₽77773

₽78987

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

226 000

municipal

25 104

pensions

27 120

national

42 583

social contributions

2 430

total

97 237

Employee

79 044

195 375

municipal

9 763

25 979

pensions

3 162

7 815

national

15 129

44 499

total

28 054

78 293

Employer

79 044

195 375

social contributions

850

2 100

pensions

6 324

15 630

total

7 174

17 730

Corporate

134 566

226 000

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%.

26 913

45 200

total

26 913

45 200

Dividends

107 653

180 800

withholding

23 684

39 776

total

23 684

39 776

Income

226 000

Total tax

85 825

84 976

96 023

97 237

After tax

140 175

141 024

129 977

128 763

Living cost

50 990

Free-cash

89 185

90 034

78 987

77 773

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.