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
₴ 84500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴31064

₴30703

₴27316

₴27770

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

84 500

municipal

9 322

pensions

10 140

national

15 150

social contributions

908

total

35 520

Employee

33 583

73 049

municipal

4 148

9 649

pensions

1 343

2 922

national

6 428

15 866

total

11 919

28 437

Employer

33 583

73 049

social contributions

361

785

pensions

2 687

5 844

total

3 048

6 629

Corporate

45 653

84 500

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%.

9 131

16 900

total

9 131

16 900

Dividends

36 522

67 600

withholding

8 035

14 872

total

8 035

14 872

Income

84 500

Total tax

32 133

31 772

35 066

35 520

After tax

52 367

52 728

49 434

48 980

Living cost

21 664

Free-cash

30 703

31 064

27 770

27 316

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.

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.