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
₽ 46500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

-₽21667

-₽39198

-₽20910

-₽20545

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

46 500

municipal

4 176

pensions

5 580

national

6 471

social contributions

500

total

16 727

Employee

78 568

40 199

municipal

9 704

4 356

pensions

3 143

1 608

national

15 038

6 750

total

27 885

12 714

Employer

78 568

40 199

social contributions

845

432

pensions

6 285

3 216

total

7 130

3 648

Corporate

46 500

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%.

9 300

total

9 300

Dividends

37 200

withholding

8 184

total

8 184

Income

46 500

Total tax

35 015

17 484

16 362

16 727

After tax

11 485

29 016

30 138

29 773

Living cost

50 683

Free-cash

-39 198

-21 667

-20 545

-20 910

Estimated living cost is ₽50683 per week

₽34449

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

₽4711

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

₽759

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.

₽10764

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.