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
₽ 64500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

-₽10843

-₽10492

-₽10998

-₽21888

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

64 500

social contributions

693

municipal

6 265

national

9 709

pensions

7 740

total

24 407

Employee

79 201

55 760

municipal

9 783

6 515

pensions

3 168

2 230

national

15 159

10 096

total

28 110

18 841

Employer

79 201

55 760

pensions

6 336

4 461

social contributions

851

599

total

7 187

5 060

Corporate

64 500

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%.

12 900

total

12 900

Dividends

51 600

withholding

11 352

total

11 352

Income

64 500

Total tax

35 297

24 252

23 901

24 407

After tax

29 203

40 248

40 599

40 093

Living cost

51 091

Free-cash

-21 888

-10 843

-10 492

-10 998

Estimated living cost is ₽51091 per week

₽34726

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

₽4749

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.

₽10851

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.