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
₴ 52000

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴9463

₴9871

₴10454

₴10815

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

52 000

social contributions

559

municipal

5 532

national

8 573

pensions

6 240

total

20 904

Employee

33 535

44 954

pensions

1 341

1 798

national

6 419

8 885

municipal

4 142

5 734

total

11 902

16 417

Employer

33 535

44 954

pensions

2 683

3 596

social contributions

361

483

total

3 044

4 079

Corporate

13 208

52 000

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%.

2 642

10 400

total

2 642

10 400

Dividends

10 567

41 600

withholding

2 325

9 152

total

2 325

9 152

Income

52 000

Total tax

19 913

19 552

20 496

20 904

After tax

32 087

32 448

31 504

31 096

Living cost

21 633

Free-cash

10 454

10 815

9 871

9 463

Estimated living cost is ₴21633 per week

₴14704

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

₴2011

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

₴324

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.

₴4595

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.