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
₽ 96500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽9090

₽8241

₽7269

₽8026

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

96 500

municipal

9 997

pensions

11 580

national

15 491

social contributions

1 037

total

38 105

Employee

79 255

83 423

municipal

9 789

10 370

pensions

3 170

3 337

national

15 169

16 070

total

28 128

29 777

Employer

79 255

83 423

social contributions

852

897

pensions

6 340

6 674

total

7 192

7 571

Corporate

4 822

96 500

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%.

964

19 300

total

964

19 300

Dividends

3 858

77 200

withholding

849

16 984

total

849

16 984

Income

96 500

Total tax

37 133

36 284

37 348

38 105

After tax

59 367

60 216

59 152

58 395

Living cost

51 126

Free-cash

8 241

9 090

8 026

7 269

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.