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
₽ 57500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

-₽14803

-₽28198

-₽14619

-₽14168

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

57 500

municipal

5 459

pensions

6 900

national

8 459

social contributions

618

total

21 436

Employee

78 568

49 708

municipal

9 704

5 682

pensions

3 143

1 988

national

15 038

8 804

total

27 885

16 474

Employer

78 568

49 708

social contributions

845

534

pensions

6 285

3 977

total

7 130

4 511

Corporate

57 500

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%.

11 500

total

11 500

Dividends

46 000

withholding

10 120

total

10 120

Income

57 500

Total tax

35 015

21 620

20 985

21 436

After tax

22 485

35 880

36 515

36 064

Living cost

50 683

Free-cash

-28 198

-14 803

-14 168

-14 619

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.

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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.