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
₴ 64000

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴18481

₴18124

₴16492

₴16994

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

64 000

municipal

6 936

pensions

7 680

national

10 749

social contributions

688

total

26 053

Employee

33 259

55 327

municipal

4 108

7 184

pensions

1 330

2 213

national

6 366

11 133

total

11 804

20 530

Employer

33 259

55 327

social contributions

358

595

pensions

2 661

4 426

total

3 019

5 021

Corporate

25 527

64 000

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%.

5 105

12 800

total

5 105

12 800

Dividends

20 422

51 200

withholding

4 493

11 264

total

4 493

11 264

Income

64 000

Total tax

24 421

24 064

25 551

26 053

After tax

39 579

39 936

38 449

37 947

Living cost

21 455

Free-cash

18 124

18 481

16 994

16 492

Estimated living cost is ₴21455 per week

₴14583

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

₴1994

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

₴321

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.

₴4557

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.