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
₴ 81000

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴29089

₴28732

₴25718

₴26152

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

81 000

municipal

8 919

pensions

9 720

national

14 317

social contributions

871

total

33 827

Employee

33 259

70 024

municipal

4 108

9 233

pensions

1 330

2 801

national

6 366

15 004

total

11 804

27 038

Employer

33 259

70 024

social contributions

358

753

pensions

2 661

5 602

total

3 019

6 355

Corporate

42 527

81 000

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%.

8 505

16 200

total

8 505

16 200

Dividends

34 022

64 800

withholding

7 485

14 256

total

7 485

14 256

Income

81 000

Total tax

30 813

30 456

33 393

33 827

After tax

50 187

50 544

47 607

47 173

Living cost

21 455

Free-cash

28 732

29 089

26 152

25 718

Estimated living cost is ₴21455 per week

₴14583

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

₴1994

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.

₴4557

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.

Adjust living cost Show details Source

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.