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
₽ 239500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽98180

₽97328

₽84296

₽85582

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

239 500

municipal

26 672

pensions

28 740

national

45 949

social contributions

2 575

total

103 936

Employee

79 474

207 046

municipal

9 816

27 599

pensions

3 179

8 282

national

15 211

47 979

total

28 206

83 860

Employer

79 474

207 046

social contributions

854

2 226

pensions

6 358

16 564

total

7 212

18 790

Corporate

147 568

239 500

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%.

29 514

47 900

total

29 514

47 900

Dividends

118 054

191 600

withholding

25 972

42 152

total

25 972

42 152

Income

239 500

Total tax

90 904

90 052

102 650

103 936

After tax

148 596

149 448

136 850

135 564

Living cost

51 268

Free-cash

97 328

98 180

85 582

84 296

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.