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
₽ 69500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

-₽7758

-₽16946

-₽8172

-₽7627

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

69 500

municipal

6 848

pensions

8 340

national

10 611

social contributions

747

total

26 546

Employee

79 255

60 082

municipal

9 789

7 117

pensions

3 170

2 403

national

15 169

11 028

total

28 128

20 548

Employer

79 255

60 082

social contributions

852

646

pensions

6 340

4 807

total

7 192

5 453

Corporate

69 500

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%.

13 900

total

13 900

Dividends

55 600

withholding

12 232

total

12 232

Income

69 500

Total tax

35 320

26 132

26 001

26 546

After tax

34 180

43 368

43 499

42 954

Living cost

51 126

Free-cash

-16 946

-7 758

-7 627

-8 172

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.

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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.