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
₴ 79500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴27944

₴27583

₴24830

₴25257

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

79 500

municipal

8 739

pensions

9 540

national

13 872

social contributions

855

total

33 006

Employee

33 583

68 727

municipal

4 148

9 047

pensions

1 343

2 749

national

6 428

14 546

total

11 919

26 342

Employer

33 583

68 727

social contributions

361

739

pensions

2 687

5 498

total

3 048

6 237

Corporate

40 653

79 500

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%.

8 131

15 900

total

8 131

15 900

Dividends

32 522

63 600

withholding

7 155

13 992

total

7 155

13 992

Income

79 500

Total tax

30 253

29 892

32 579

33 006

After tax

49 247

49 608

46 921

46 494

Living cost

21 664

Free-cash

27 583

27 944

25 257

24 830

Estimated living cost is ₴21664 per week

₴14725

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

₴2014

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.

₴4601

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.