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
₴ 82500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴29800

₴29439

₴26310

₴26753

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

82 500

municipal

9 089

pensions

9 900

national

14 634

social contributions

887

total

34 510

Employee

33 608

71 321

municipal

4 151

9 408

pensions

1 344

2 853

national

6 433

15 333

total

11 928

27 594

Employer

33 608

71 321

social contributions

361

767

pensions

2 689

5 706

total

3 050

6 473

Corporate

43 624

82 500

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%.

8 725

16 500

total

8 725

16 500

Dividends

34 899

66 000

withholding

7 678

14 520

total

7 678

14 520

Income

82 500

Total tax

31 381

31 020

34 067

34 510

After tax

51 119

51 480

48 433

47 990

Living cost

21 680

Free-cash

29 439

29 800

26 753

26 310

Estimated living cost is ₴21680 per week

₴14736

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

₴2015

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.

₴4605

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.