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
₴ 39000

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴2777

₴2098

₴2404

₴2418

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

39 000

municipal

4 018

social contributions

419

pensions

4 680

national

6 226

total

15 343

Employee

33 421

33 715

municipal

4 128

4 169

pensions

1 337

1 349

national

6 397

6 460

total

11 862

11 978

Employer

33 421

33 715

social contributions

359

362

pensions

2 674

2 697

total

3 033

3 059

Corporate

340

39 000

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%.

7 800

total

7 800

Dividends

272

31 200

withholding

6 864

total

6 864

Income

39 000

Total tax

15 023

14 664

15 037

15 343

After tax

23 977

24 336

23 963

23 657

Living cost

21 559

Free-cash

2 418

2 777

2 404

2 098

Estimated living cost is ₴21559 per week

₴14654

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

₴2004

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

₴323

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.

₴4579

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.

Adjust living cost Show details Source

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.