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
₴ 79000

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴27655

₴27294

₴24598

₴25021

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

79 000

municipal

8 681

pensions

9 480

national

13 751

social contributions

849

total

32 761

Employee

33 548

68 295

municipal

4 144

8 987

pensions

1 342

2 732

national

6 421

14 421

total

11 907

26 140

Employer

33 548

68 295

social contributions

361

734

pensions

2 684

5 464

total

3 045

6 198

Corporate

40 193

79 000

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%.

8 039

15 800

total

8 039

15 800

Dividends

32 155

63 200

withholding

7 074

13 904

total

7 074

13 904

Income

79 000

Total tax

30 065

29 704

32 338

32 761

After tax

48 935

49 296

46 662

46 239

Living cost

21 641

Free-cash

27 294

27 655

25 021

24 598

Estimated living cost is ₴21641 per week

₴14709

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.

₴4596

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.