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
₽ 93500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽6188

₽6923

₽7056

₽7895

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

93 500

social contributions

1 005

municipal

9 664

national

14 974

pensions

11 220

total

36 863

Employee

78 206

80 830

pensions

3 128

3 233

national

14 969

15 535

municipal

9 660

10 025

total

27 757

28 793

Employer

78 206

80 830

pensions

6 256

6 466

social contributions

841

869

total

7 097

7 335

Corporate

3 036

93 500

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%.

607

18 700

total

607

18 700

Dividends

2 428

74 800

withholding

534

16 456

total

534

16 456

Income

93 500

Total tax

35 995

35 156

36 128

36 863

After tax

57 505

58 344

57 372

56 637

Living cost

50 449

Free-cash

7 056

7 895

6 923

6 188

Estimated living cost is ₽50449 per week

₽34290

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

₽4690

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

₽755

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.

₽10715

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.