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
₴ 75000

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴25336

₴24978

₴22729

₴23132

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

75 000

municipal

8 219

pensions

9 000

national

12 782

social contributions

806

total

30 807

Employee

33 274

64 837

municipal

4 110

8 509

pensions

1 331

2 593

national

6 369

13 418

total

11 810

24 520

Employer

33 274

64 837

social contributions

358

697

pensions

2 662

5 187

total

3 020

5 884

Corporate

36 511

75 000

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%.

7 302

15 000

total

7 302

15 000

Dividends

29 209

60 000

withholding

6 426

13 200

total

6 426

13 200

Income

75 000

Total tax

28 558

28 200

30 404

30 807

After tax

46 442

46 800

44 596

44 193

Living cost

21 464

Free-cash

24 978

25 336

23 132

22 729

Estimated living cost is ₴21464 per week

₴14589

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

₴1995

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.