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
₴ 68500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴21276

₴19054

₴19591

₴20919

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

68 500

municipal

7 461

social contributions

736

pensions

8 220

national

11 561

total

27 978

Employee

33 279

59 218

municipal

4 110

7 726

pensions

1 331

2 369

national

6 370

11 972

total

11 811

22 067

Employer

33 279

59 218

social contributions

358

637

pensions

2 662

4 737

total

3 020

5 374

Corporate

30 005

68 500

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%.

6 001

13 700

total

6 001

13 700

Dividends

24 004

54 800

withholding

5 281

12 056

total

5 281

12 056

Income

68 500

Total tax

26 113

25 756

27 441

27 978

After tax

42 387

42 744

41 059

40 522

Living cost

21 468

Free-cash

20 919

21 276

19 591

19 054

Estimated living cost is ₴21468 per week

₴14591

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

₴1996

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.

₴4559

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.