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
₴ 99500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₴40421

₴40060

₴34771

₴35305

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

99 500

municipal

11 072

pensions

11 940

national

18 980

social contributions

1 070

total

43 062

Employee

33 588

86 017

municipal

4 149

11 457

pensions

1 344

3 441

national

6 429

19 824

total

11 922

34 722

Employer

33 588

86 017

social contributions

361

925

pensions

2 687

6 881

total

3 048

7 806

Corporate

60 647

99 500

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%.

12 129

19 900

total

12 129

19 900

Dividends

48 518

79 600

withholding

10 674

17 512

total

10 674

17 512

Income

99 500

Total tax

37 773

37 412

42 528

43 062

After tax

61 727

62 088

56 972

56 438

Living cost

21 667

Free-cash

40 060

40 421

35 305

34 771

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.