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
₽ 235500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽82869

₽84133

₽95670

₽96510

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

235 500

social contributions

2 532

municipal

26 225

national

45 172

pensions

28 260

total

102 189

Employee

78 195

203 588

pensions

3 128

8 143

national

14 966

47 169

municipal

9 658

27 137

total

27 752

82 449

Employer

78 195

203 588

pensions

6 256

16 287

social contributions

841

2 189

total

7 097

18 476

Corporate

145 048

235 500

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%.

29 010

47 100

total

29 010

47 100

Dividends

116 039

188 400

withholding

25 529

41 448

total

25 529

41 448

Income

235 500

Total tax

89 388

88 548

100 925

102 189

After tax

146 112

146 952

134 575

133 311

Living cost

50 442

Free-cash

95 670

96 510

84 133

82 869

Estimated living cost is ₽50442 per week

₽34285

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

₽4689

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

₽755

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.

₽10713

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.