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
₽ 89500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽4700

₽3016

₽3245

₽3947

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

89 500

municipal

9 180

pensions

10 740

national

14 225

social contributions

962

total

35 107

Employee

79 289

77 372

municipal

9 793

9 526

pensions

3 172

3 095

national

15 176

14 762

total

28 141

27 383

Employer

79 289

77 372

social contributions

852

832

pensions

6 343

6 190

total

7 195

7 022

Corporate

89 500

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%.

17 900

total

17 900

Dividends

71 600

withholding

15 752

total

15 752

Income

89 500

Total tax

35 336

33 652

34 405

35 107

After tax

54 164

55 848

55 095

54 393

Living cost

51 148

Free-cash

3 016

4 700

3 947

3 245

Estimated living cost is ₽51148 per week

₽34765

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

₽4755

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

₽766

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.

₽10863

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.