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
₴ 66000

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴19541

₴19180

₴17459

₴17977

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

66 000

municipal

7 165

pensions

7 920

national

11 103

social contributions

710

total

26 898

Employee

33 550

57 056

municipal

4 144

7 421

pensions

1 342

2 282

national

6 422

11 499

total

11 908

21 202

Employer

33 550

57 056

social contributions

361

613

pensions

2 684

4 565

total

3 045

5 178

Corporate

27 190

66 000

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%.

5 438

13 200

total

5 438

13 200

Dividends

21 752

52 800

withholding

4 786

11 616

total

4 786

11 616

Income

66 000

Total tax

25 177

24 816

26 380

26 898

After tax

40 823

41 184

39 620

39 102

Living cost

21 643

Free-cash

19 180

19 541

17 977

17 459

Estimated living cost is ₴21643 per week

₴14710

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

₴2012

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.

₴4597

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.