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
₴ 65500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴19192

₴18831

₴17139

₴17653

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

65 500

municipal

7 106

pensions

7 860

national

11 011

social contributions

704

total

26 681

Employee

33 608

56 624

municipal

4 151

7 359

pensions

1 344

2 265

national

6 433

11 404

total

11 928

21 028

Employer

33 608

56 624

social contributions

361

609

pensions

2 689

4 530

total

3 050

5 139

Corporate

26 624

65 500

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%.

5 325

13 100

total

5 325

13 100

Dividends

21 299

52 400

withholding

4 686

11 528

total

4 686

11 528

Income

65 500

Total tax

24 989

24 628

26 167

26 681

After tax

40 511

40 872

39 333

38 819

Living cost

21 680

Free-cash

18 831

19 192

17 653

17 139

Estimated living cost is ₴21680 per week

₴14736

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

₴2015

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.

₴4605

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.