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
₴ 93500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴36677

₴36316

₴31789

₴32291

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

93 500

municipal

10 372

pensions

11 220

national

17 447

social contributions

1 005

total

40 044

Employee

33 588

80 830

municipal

4 149

10 734

pensions

1 344

3 233

national

6 429

18 240

total

11 922

32 207

Employer

33 588

80 830

social contributions

361

869

pensions

2 687

6 466

total

3 048

7 335

Corporate

54 647

93 500

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%.

10 929

18 700

total

10 929

18 700

Dividends

43 718

74 800

withholding

9 618

16 456

total

9 618

16 456

Income

93 500

Total tax

35 517

35 156

39 542

40 044

After tax

57 983

58 344

53 958

53 456

Living cost

21 667

Free-cash

36 316

36 677

32 291

31 789

Estimated living cost is ₴21667 per week

₴14727

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.

₴4602

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.