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
₽ 81500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

-₽138

-₽4724

-₽1186

-₽545

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

81 500

municipal

8 251

pensions

9 780

national

12 785

social contributions

876

total

31 692

Employee

79 050

70 456

municipal

9 764

8 566

pensions

3 162

2 818

national

15 130

13 274

total

28 056

24 658

Employer

79 050

70 456

social contributions

850

757

pensions

6 324

5 636

total

7 174

6 393

Corporate

81 500

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%.

16 300

total

16 300

Dividends

65 200

withholding

14 344

total

14 344

Income

81 500

Total tax

35 230

30 644

31 051

31 692

After tax

46 270

50 856

50 449

49 808

Living cost

50 994

Free-cash

-4 724

-138

-545

-1 186

Estimated living cost is ₽50994 per week

₽34660

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

₽4740

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

₽763

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.

₽10830

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.