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
₴ 24500

per

Your estimated

Best value All models

City

free-cash

Graz , Austria

₴392

-₴81

-₴42

-₴4213

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

24 500

chamber of commerce

income

1 702

pensions

4 533

unemployment

2 634

health

1 874

surtax

total

10 841

Employee

18 772

17 114

19 024

other

187

171

190

health

726

663

736

income

1 672

1 262

1 745

pensions

1 922

1 752

1 949

unemployment

563

513

570

total

5 070

4 361

5 190

Employer

18 772

17 114

19 024

accident

244

222

247

other

892

812

903

chamber of commerce

unemployment

563

513

570

surtax

pensions

2 356

2 148

2 388

payroll

563

513

570

health

710

647

719

total

5 403

4 923

5 473

Corporate

1 630

2 461

17 397

income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

407

615

4 349

total

407

615

4 349

Dividends

1 846

withholding

508

total

508

Income

24 500

Total tax

10 880

10 407

15 012

10 841

After tax

13 620

14 093

9 488

13 659

Living cost

13 701

Free-cash

-81

392

-4 213

-42

Estimated living cost is ₴13701 per week

₴8219

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

₴1399

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

₴244

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.

₴3838

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

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.