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
₽ 35000

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

-₽29286

-₽51446

-₽27902

-₽27627

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

35 000

municipal

2 824

pensions

4 200

national

4 376

social contributions

376

total

11 776

Employee

79 255

30 257

municipal

9 789

2 959

pensions

3 170

1 210

national

15 169

4 586

total

28 128

8 755

Employer

79 255

30 257

social contributions

852

325

pensions

6 340

2 421

total

7 192

2 746

Corporate

35 000

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%.

7 000

total

7 000

Dividends

28 000

withholding

6 160

total

6 160

Income

35 000

Total tax

35 320

13 160

11 501

11 776

After tax

-320

21 840

23 499

23 224

Living cost

51 126

Free-cash

-51 446

-29 286

-27 627

-27 902

Estimated living cost is ₽51126 per week

₽34750

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

₽4753

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

₽765

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.

₽10858

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.