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
₴ 71500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴23148

₴20768

₴21330

₴22791

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

71 500

municipal

7 811

social contributions

769

pensions

8 580

national

12 104

total

29 264

Employee

33 279

61 811

municipal

4 110

8 088

pensions

1 331

2 472

national

6 370

12 533

total

11 811

23 093

Employer

33 279

61 811

social contributions

358

664

pensions

2 662

4 945

total

3 020

5 609

Corporate

33 005

71 500

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%.

6 601

14 300

total

6 601

14 300

Dividends

26 404

57 200

withholding

5 809

12 584

total

5 809

12 584

Income

71 500

Total tax

27 241

26 884

28 702

29 264

After tax

44 259

44 616

42 798

42 236

Living cost

21 468

Free-cash

22 791

23 148

21 330

20 768

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.