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
₴ 92500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴36056

₴35695

₴31294

₴31790

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

92 500

municipal

10 255

pensions

11 100

national

17 193

social contributions

994

total

39 542

Employee

33 583

79 965

municipal

4 148

10 613

pensions

1 343

3 199

national

6 428

17 977

total

11 919

31 789

Employer

33 583

79 965

social contributions

361

860

pensions

2 687

6 397

total

3 048

7 257

Corporate

53 653

92 500

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%.

10 731

18 500

total

10 731

18 500

Dividends

42 922

74 000

withholding

9 443

16 280

total

9 443

16 280

Income

92 500

Total tax

35 141

34 780

39 046

39 542

After tax

57 359

57 720

53 454

52 958

Living cost

21 664

Free-cash

35 695

36 056

31 790

31 294

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.