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
$ 2250

per

Your estimated

Best value All models

City

free-cash

Dresden , Germany

$806

$926

$800

$1075

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

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

2 250

trade

275

income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

733

health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

total

1 122

Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

414

2 250

health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

733

total

847

Employer

total

Corporate

1 836

2 250

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

income

275

337

trade

289

354

chamber of commerce

total

583

715

Dividends

1 252

1 535

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

withholding

309

380

total

326

401

Income

2 250

Total tax

996

1 116

847

1 122

After tax

1 254

1 134

1 403

1 128

Living cost

328

Free-cash

926

806

1 075

800

Estimated living cost is $328 per week

$206

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

$38

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$77

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.

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

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Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Reykjavik , Iceland

$857

$848

$748

$759

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

2 250

municipal

249

pensions

270

national

412

social contributions

total

955

Employee

848

1 945

municipal

105

258

pensions

national

162

431

total

301

767

Employer

848

1 945

social contributions

pensions

156

total

177

Corporate

1 269

2 250

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%.

254

450

total

254

450

Dividends

1 015

1 800

withholding

223

396

total

223

396

Income

2 250

Total tax

855

846

944

955

After tax

1 395

1 404

1 306

1 295

Living cost

547

Free-cash

848

857

759

748

Estimated living cost is $547 per week

$372

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

$51

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$116

I'm drinking at home rarely or never.

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.

Riga , Latvia

$1575

$1487

$581

$744

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

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

2 250

microenterprise

income

455

surtax

574

social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

415

total

1 444

Employee

316

1 747

social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

142

surtax

253

income

383

total

778

Employer

316

1 747

social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

311

surtax

192

total

503

Corporate

1 857

2 250

income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

371

450

total

371

450

Dividends

In Latvia, local dividends are not subject to withholding tax.

1 486

1 800

total

Income

2 250

Total tax

538

450

1 281

1 444

After tax

1 712

1 800

969

806

Living cost

225

Free-cash

1 487

1 575

744

581

Estimated living cost is $225 per week

$144

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

$21

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$55

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Rotterdam , Netherlands

$665

$600

$764

$985

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

2 250

income

771

pensions

127

health

134

total

1 032

Employee

925

2 049

health

142

121

134

income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

151

349

pensions

166

127

total

459

399

610

Employer

925

2 049

unemployment

pensions

health

total

161

201

Corporate

1 174

1 163

income

235

233

total

235

233

Dividends

940

930

income

200

198

withholding

141

140

total

341

338

Income

2 250

Total tax

1 196

1 131

811

1 032

After tax

1 054

1 119

1 439

1 218

Living cost

454

Free-cash

600

665

985

764

Estimated living cost is $454 per week

$322

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

$41

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$84

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Stockholm , Sweden

$811

$801

$712

$703

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

2 250

municipal

592

accident

pensions

other

107

unemployment

health

national

262

total

1 120

Employee

596

1 962

municipal

178

585

national

256

total

178

841

Employer

596

1 962

accident

other

107

unemployment

pensions

health

total

187

288

Corporate

1 466

2 250

income

323

495

total

323

495

Dividends

1 144

1 755

withholding

343

526

total

343

526

Income

2 250

Total tax

1 031

1 021

1 129

1 120

After tax

1 219

1 229

1 121

1 130

Living cost

418

Free-cash

801

811

703

712

Estimated living cost is $418 per week

$277

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

$41

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$94

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Hamburg , Germany

$697

$849

$691

$978

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

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

2 250

trade

287

income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

733

health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

total

1 134

Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

549

2 250

health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

733

total

124

847

Employer

total

Corporate

1 701

2 250

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

income

255

337

trade

280

370

chamber of commerce

total

553

731

Dividends

1 148

1 519

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

withholding

283

376

total

299

397

Income

2 250

Total tax

976

1 128

847

1 134

After tax

1 274

1 122

1 403

1 116

Living cost

425

Free-cash

849

697

978

691

Estimated living cost is $425 per week

$285

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

$45

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$90

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

Limassol , Cyprus

$1290

$1246

$1170

$1152

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

2 250

income

497

health

social contributions

175

total

729

Employee

833

2 118

social contributions

health

income

486

total

135

160

615

Employer

833

2 118

social contributions

health

total

132

Corporate

1 713

1 333

income

214

167

total

214

167

Dividends

1 499

1 166

withholding

255

198

total

255

198

Income

2 250

Total tax

653

609

747

729

After tax

1 597

1 641

1 503

1 521

Living cost

351

Free-cash

1 246

1 290

1 152

1 170

Estimated living cost is $351 per week

$240

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

$27

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$78

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Budapest , Hungary

$1066

$1071

$1361

$1108

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

2 250

income

275

pensions

225

unemployment

health

158

total

692

Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

284

113

1 883

health

132

income

230

pensions

188

unemployment

total

578

Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

284

113

1 883

pensions

367

total

367

Corporate

1 911

2 115

income

172

190

total

172

190

Dividends

1 739

1 925

social contributions

338

374

withholding

330

366

total

668

740

Income

2 250

Total tax

982

987

945

692

After tax

1 268

1 263

1 305

1 558

Living cost

197

Free-cash

1 071

1 066

1 108

1 361

Estimated living cost is $197 per week

$134

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

$16

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$42

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Tallinn , Estonia

$1538

$1471

$944

$1035

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

2 250

income

302

pensions

450

health

292

total

1 044

Employee

307

1 682

income

324

pensions

unemployment

total

385

Employer

307

1 682

unemployment

pensions

336

health

219

total

103

568

Corporate

1 839

2 250

income

368

450

total

368

450

Dividends

1 471

1 800

total

Income

2 250

Total tax

517

450

953

1 044

After tax

1 733

1 800

1 297

1 206

Living cost

262

Free-cash

1 471

1 538

1 035

944

Estimated living cost is $262 per week

$179

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

$16

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$61

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Gdansk , Poland

-$55

$146

$1300

$998

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

2 250

accident

income

638

pensions

other

health

total

713

Employee

373

2 047

health

234

income

496

pensions

total

136

812

Employer

373

2 047

accident

unemployment

pensions

119

total

203

Corporate

1 801

2 250

income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

1 621

2 025

total

1 621

2 025

Dividends

180

225

withholding

total

Income

2 250

Total tax

1 867

2 068

1 015

713

After tax

383

182

1 235

1 537

Living cost

237

Free-cash

146

-55

998

1 300

Estimated living cost is $237 per week

$174

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

$13

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$45

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Batumi , Georgia

$2041

$2023

$2131

$1703

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

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

2 250

microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

total

Employee

122

2 250

income

450

total

450

Employer

total

Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

2 128

2 250

total

Dividends

2 128

2 250

withholding

106

112

total

106

112

Income

2 250

Total tax

130

112

450

After tax

2 120

2 138

1 800

2 228

Living cost

Free-cash

2 023

2 041

1 703

2 131

Estimated living cost is $97 per week

$60

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

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$26

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Bratislava , Slovakia

$1364

$1289

$1036

$1017

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

2 250

income

380

pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

395

other

health

total

925

Employee

393

1 833

health

income

374

pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

115

unemployment

total

106

528

Employer

393

1 833

accident

other

unemployment

pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

280

health

total

100

416

Corporate

1 758

2 250

income

369

473

total

369

473

Dividends

1 389

1 777

withholding

124

total

124

Income

2 250

Total tax

672

597

944

925

After tax

1 578

1 653

1 306

1 325

Living cost

289

Free-cash

1 289

1 364

1 017

1 036

Estimated living cost is $289 per week

$204

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

$19

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$61

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

London , United Kingdom

$710

$798

$740

$539

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

2 250

income

679

pensions

104

total

783

Employee

1 028

1 962

health

income

185

544

pensions

126

total

301

697

Employer

1 028

1 962

pensions

121

250

health

total

141

287

Corporate

1 081

2 250

income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

205

427

total

205

427

Dividends

875

1 823

withholding

386

total

386

Income

2 250

Total tax

725

813

984

783

After tax

1 525

1 437

1 266

1 467

Living cost

727

Free-cash

798

710

539

740

Estimated living cost is $727 per week

$545

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

$85

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$91

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Varna , Bulgaria

$1782

$1731

$1669

$1762

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

2 250

income

337

pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

unemployment

health

total

439

Employee

188

2 176

health

accident

We are using the highest rate at 1.1%.

income

218

pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

total

272

Employer

188

2 176

accident

We are using the highest rate at 1.1%.

unemployment

pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

health

total

Corporate

2 025

2 250

income

202

225

total

202

225

Dividends

1 822

2 025

withholding

101

total

101

Income

2 250

Total tax

377

326

346

439

After tax

1 873

1 924

1 904

1 811

Living cost

142

Free-cash

1 731

1 782

1 762

1 669

Estimated living cost is $142 per week

$83

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

$10

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$45

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Amsterdam , Netherlands

$518

$546

$617

$838

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

2 250

income

771

pensions

127

health

134

total

1 032

Employee

1 004

925

2 049

health

125

121

134

income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

151

349

pensions

127

total

403

399

610

Employer

1 004

925

2 049

unemployment

pensions

health

total

176

161

201

Corporate

1 070

1 163

income

214

233

total

214

233

Dividends

856

930

income

182

198

withholding

128

140

total

310

338

Income

2 250

Total tax

1 103

1 131

811

1 032

After tax

1 147

1 119

1 439

1 218

Living cost

601

Free-cash

546

518

838

617

Estimated living cost is $601 per week

$443

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

$54

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$97

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Brno , Czech Republic

$1290

$1199

$1057

$961

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

2 250

income

236

health

304

solidarity contribution

social contributions

373

total

934

Employee

381

1 771

social contributions

health

239

solidarity contribution

income

217

total

122

551

Employer

381

1 771

social contributions

320

health

159

total

129

479

Corporate

1 739

2 250

income

330

428

total

330

428

Dividends

1 408

1 822

withholding

211

273

total

211

273

Income

2 250

Total tax

792

701

1 030

934

After tax

1 458

1 549

1 220

1 316

Living cost

259

Free-cash

1 199

1 290

961

1 057

Estimated living cost is $259 per week

$180

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

$18

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$56

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Milan , Italy

$743

$687

$615

$523

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

2 250

municipal

regional

national

594

social contributions

542

total

1 178

Employee

963

2 250

social contributions

325

711

regional

municipal

national

167

522

total

506

1 270

Employer

963

2 250

total

Corporate

1 287

2 250

nationa

309

540

municipal

total

359

628

Dividends

928

1 622

withholding

241

422

total

241

422

Income

2 250

Total tax

1 106

1 050

1 270

1 178

After tax

1 144

1 200

980

1 072

Living cost

457

Free-cash

687

743

523

615

Estimated living cost is $457 per week

$319

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

$30

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$101

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Thessaloniki , Greece

$1176

$1143

$821

$754

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

2 250

income

683

pensions

289

other

unemployment

health

103

surtax

113

total

1 190

Employee

358

1 946

other

health

surtax

100

income

618

pensions

unemployment

101

total

119

952

Employer

358

1 946

other

unemployment

pensions

193

health

total

305

Corporate

1 816

2 250

income

472

585

total

472

585

Dividends

1 344

1 665

withholding

202

250

total

202

250

Income

2 250

Total tax

868

835

1 257

1 190

After tax

1 382

1 415

993

1 060

Living cost

239

Free-cash

1 143

1 176

754

821

Estimated living cost is $239 per week

$146

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

$22

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$65

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details

Cambridge , United Kingdom

$940

$1012

$970

$769

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

2 250

income

679

pensions

104

total

783

Employee

689

1 962

health

income

124

544

pensions

126

total

192

697

Employer

689

1 962

pensions

250

health

total

287

Corporate

1 473

2 250

income

280

427

total

280

427

Dividends

1 193

1 823

withholding

181

386

total

181

386

Income

2 250

Total tax

741

813

984

783

After tax

1 509

1 437

1 266

1 467

Living cost

497

Free-cash

1 012

940

769

970

Estimated living cost is $497 per week

$372

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

$37

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$82

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details

Additional information

Zurich , Switzerland

$210

$562

$974

$886

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

2 250

city

pensions

207

other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

regional

123

health

national

total

457

Employee

958

2 021

city

regional

108

health

pensions

161

unemployment

national

total

128

339

Employer

958

2 021

other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

unemployment

pensions

161

health

total

101

206

Corporate

1 180

2 250

regional

250

476

national

100

191

total

350

667

Dividends

830

1 583

withholding

290

554

total

290

554

Income

2 250

Total tax

869

1 221

545

457

After tax

1 381

1 029

1 705

1 793

Living cost

819

Free-cash

562

210

886

974

Estimated living cost is $819 per week

$532

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

$73

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

$10

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.

$203

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Munich , Germany

$615

$791

$607

$907

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

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

2 250

trade

300

income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

733

health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

total

1 147

Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

651

2 250

health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

733

total

155

847

Employer

total

Corporate

1 599

2 250

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

income

240

337

trade

274

386

chamber of commerce

total

531

747

Dividends

1 068

1 503

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

withholding

263

372

total

277

392

Income

2 250

Total tax

963

1 139

847

1 147

After tax

1 287

1 111

1 403

1 103

Living cost

496

Free-cash

791

615

907

607

Estimated living cost is $496 per week

$362

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

$40

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$88

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

Nice , France

$763

$829

$876

$823

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

2 250

income

394

pensions

369

other

health

106

surtax

social contributions

total

1 003

Employee

464

1 724

social contributions

surtax

income

355

pensions

127

total

531

Employer

464

1 724

other

social contributions

unemployment

pensions

212

health

168

total

144

525

Corporate

1 642

2 250

surtax

income

460

630

total

460

630

Dividends

1 182

1 620

surtax

social contributions

203

279

withholding

151

207

total

354

486

Income

2 250

Total tax

1 050

1 116

1 056

1 003

After tax

1 200

1 134

1 194

1 247

Living cost

371

Free-cash

829

763

823

876

Estimated living cost is $371 per week

$234

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

$30

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$100

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Marseille , France

$800

$861

$913

$860

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

2 250

income

394

pensions

369

other

health

106

surtax

social contributions

total

1 003

Employee

414

1 724

social contributions

surtax

income

355

pensions

127

total

531

Employer

414

1 724

other

social contributions

unemployment

pensions

212

health

168

total

129

525

Corporate

1 707

2 250

surtax

income

478

630

total

478

630

Dividends

1 229

1 620

surtax

social contributions

211

279

withholding

157

207

total

368

486

Income

2 250

Total tax

1 055

1 116

1 056

1 003

After tax

1 195

1 134

1 194

1 247

Living cost

334

Free-cash

861

800

860

913

Estimated living cost is $334 per week

$194

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

$34

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$100

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Vilnius , Lithuania

$1143

$1148

$1215

$1158

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

2 250

income

337

health

157

social contributions

311

total

805

Employee

367

2 250

social contributions

311

health

157

income

394

total

138

862

Employer

367

2 250

total

Corporate

1 883

2 250

income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

112

total

112

Dividends

1 789

2 138

health

125

149

social contributions

247

295

withholding

268

321

total

640

765

Income

2 250

Total tax

872

877

862

805

After tax

1 378

1 373

1 388

1 445

Living cost

230

Free-cash

1 148

1 143

1 158

1 215

Estimated living cost is $230 per week

$154

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

$14

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$57

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Vienna , Austria

$860

$844

$774

$209

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

2 250

chamber of commerce

income

686

pensions

234

unemployment

health

surtax

total

1 094

Employee

541

432

1 842

other

health

income

571

pensions

130

unemployment

total

159

110

801

Employer

541

432

1 842

accident

other

chamber of commerce

unemployment

surtax

pensions

159

payroll

health

total

157

126

408

Corporate

1 551

1 692

1 801

income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

388

423

450

total

388

423

450

Dividends

1 163

1 269

withholding

320

349

total

320

349

Income

2 250

Total tax

1 024

1 008

1 659

1 094

After tax

1 226

1 242

591

1 156

Living cost

382

Free-cash

844

860

209

774

Estimated living cost is $382 per week

$255

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

$33

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$88

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium

$850

$701

$582

$378

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

2 250

national

884

communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

119

social contributions

270

total

1 273

Employee

The minimum management director salary is set at €45,000 per year.

775

1 743

communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

131

unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

national

238

651

total

379

970

Employer

The minimum management director salary is set at €45,000 per year.

775

1 743

accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

surtax

198

pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

154

health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

107

total

226

507

Corporate

1 250

2 250

surtax

income

250

468

total

255

477

Dividends

995

1 773

withholding

As an investor, you can take advantage of €640 tax free allowance per year.

294

528

total

294

528

Income

2 250

Total tax

1 154

1 005

1 477

1 273

After tax

1 096

1 245

773

977

Living cost

395

Free-cash

701

850

378

582

Estimated living cost is $395 per week

$254

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

$35

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$100

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Barcelona , Spain

$1105

$1030

$868

$822

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

2 250

accident

income

690

pensions

284

other

unemployment

total

991

Employee

539

1 930

other

income

114

653

pensions

unemployment

total

148

717

Employer

539

1 930

accident

other

unemployment

pensions

127

237

total

172

320

Corporate

1 539

2 250

income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

231

337

total

231

337

Dividends

1 308

1 913

withholding

278

417

total

278

417

Income

2 250

Total tax

829

754

1 037

991

After tax

1 421

1 496

1 213

1 259

Living cost

391

Free-cash

1 030

1 105

822

868

Estimated living cost is $391 per week

$288

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

$28

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$70

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Luxembourg , Luxembourg

$700

$552

$485

$575

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

2 250

accident

income

408

pensions

337

health

158

surtax

112

communal

142

total

1 176

Employee

820

2 010

health

surtax

123

income

473

pensions

161

total

232

846

Employer

820

2 010

accident

pensions

161

health

total

240

Corporate

1 332

2 250

surtax

communal

152

income

200

337

total

304

513

Dividends

1 028

1 737

income

321

187

withholding

154

261

total

475

448

Income

2 250

Total tax

1 109

961

1 086

1 176

After tax

1 141

1 289

1 164

1 074

Living cost

589

Free-cash

552

700

575

485

Estimated living cost is $589 per week

$442

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

$36

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$105

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Athens , Greece

$1172

$1138

$817

$750

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

2 250

income

683

pensions

289

other

unemployment

health

103

surtax

113

total

1 190

Employee

365

1 946

other

health

surtax

100

income

618

pensions

unemployment

101

total

120

952

Employer

365

1 946

other

unemployment

pensions

193

health

total

305

Corporate

1 808

2 250

income

470

585

total

470

585

Dividends

1 338

1 665

withholding

201

250

total

201

250

Income

2 250

Total tax

869

835

1 257

1 190

After tax

1 381

1 415

993

1 060

Living cost

243

Free-cash

1 138

1 172

750

817

Estimated living cost is $243 per week

$147

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

$21

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$70

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details

Naples , Italy

$890

$866

$773

$682

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

2 250

municipal

regional

national

594

social contributions

542

total

1 185

Employee

601

2 250

social contributions

203

711

regional

municipal

national

522

total

309

1 276

Employer

601

2 250

total

Corporate

1 649

2 250

nationa

396

540

municipal

112

total

478

652

Dividends

1 171

1 598

withholding

305

416

total

305

416

Income

2 250

Total tax

1 092

1 068

1 276

1 185

After tax

1 158

1 182

974

1 065

Living cost

292

Free-cash

866

890

682

773

Estimated living cost is $292 per week

$181

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

$30

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$76

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Prague , Czech Republic

$1229

$1115

$996

$900

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

2 250

income

236

health

304

solidarity contribution

social contributions

373

total

934

Employee

470

1 771

social contributions

health

239

solidarity contribution

income

217

total

150

551

Employer

470

1 771

social contributions

118

320

health

159

total

160

479

Corporate

1 620

2 250

income

308

428

total

308

428

Dividends

1 312

1 822

withholding

197

273

total

197

273

Income

2 250

Total tax

815

701

1 030

934

After tax

1 435

1 549

1 220

1 316

Living cost

320

Free-cash

1 115

1 229

900

996

Estimated living cost is $320 per week

$238

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

$18

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$59

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Graz , Austria

$897

$894

$812

$246

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

2 250

chamber of commerce

income

686

pensions

234

unemployment

health

surtax

total

1 092

Employee

473

432

1 844

other

health

income

571

pensions

130

unemployment

total

127

110

801

Employer

473

432

1 844

accident

other

chamber of commerce

unemployment

surtax

pensions

159

payroll

health

total

135

124

406

Corporate

1 640

1 694

1 803

income

410

424

451

total

410

424

451

Dividends

1 230

1 271

withholding

338

349

total

338

349

Income

2 250

Total tax

1 010

1 007

1 658

1 092

After tax

1 240

1 243

592

1 158

Living cost

346

Free-cash

894

897

246

812

Estimated living cost is $346 per week

$207

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

$35

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$97

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

Tbilisi , Georgia

$1986

$1957

$2076

$1648

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

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

2 250

microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

total

Employee

190

2 250

income

450

total

450

Employer

total

Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

2 060

2 250

total

Dividends

2 060

2 250

withholding

103

112

total

103

112

Income

2 250

Total tax

141

112

450

After tax

2 109

2 138

1 800

2 228

Living cost

152

Free-cash

1 957

1 986

1 648

2 076

Estimated living cost is $152 per week

$103

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

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$38

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

Ljubljana , Slovenia

$1259

$1168

$774

$724

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

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

2 250

income

550

pensions

411

unemployment

health

221

total

1 185

Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

479

1 947

health

126

income

501

pensions

302

unemployment

total

189

932

Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

479

1 947

unemployment

pensions

172

health

130

total

303

Corporate

1 696

2 250

income

322

427

total

322

427

Dividends

1 374

1 823

withholding

206

273

total

206

273

Income

2 250

Total tax

791

700

1 235

1 185

After tax

1 459

1 550

1 015

1 065

Living cost

291

Free-cash

1 168

1 259

724

774

Estimated living cost is $291 per week

$199

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

$19

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$67

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Oslo , Norway

$901

$385

$1086

$1639

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

2 250

income

439

social contributions

257

total

696

Employee

670

social contributions

income

148

total

203

Employer

670

social contributions

945

135

total

945

135

Corporate

634

2 250

income

140

495

total

140

495

Dividends

495

1 755

income

109

386

total

109

386

Income

2 250

Total tax

1 397

881

143

696

After tax

853

1 369

2 107

1 554

Living cost

468

Free-cash

385

901

1 639

1 086

Estimated living cost is $468 per week

$303

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

$44

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$114

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Lisbon , Portugal

$939

$929

$843

$672

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

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

2 250

income

285

surtax

social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

782

total

1 067

Employee

498

1 818

social contributions

200

surtax

income

104

606

total

159

806

Employer

498

1 818

social contributions

118

432

total

118

432

Corporate

1 634

2 250

surtax

income

343

473

total

343

473

Dividends

1 291

1 777

withholding

361

498

total

361

498

Income

2 250

Total tax

981

971

1 238

1 067

After tax

1 269

1 279

1 012

1 183

Living cost

340

Free-cash

929

939

672

843

Estimated living cost is $340 per week

$254

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

$20

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$60

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Paris , France

$611

$688

$724

$671

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

2 250

income

394

pensions

369

other

health

106

surtax

social contributions

total

1 003

Employee

678

1 724

social contributions

surtax

income

355

pensions

127

total

155

531

Employer

678

1 724

other

social contributions

unemployment

pensions

111

212

health

168

total

210

525

Corporate

1 360

2 250

surtax

income

381

630

total

381

630

Dividends

979

1 620

surtax

social contributions

168

279

withholding

125

207

total

293

486

Income

2 250

Total tax

1 039

1 116

1 056

1 003

After tax

1 211

1 134

1 194

1 247

Living cost

523

Free-cash

688

611

671

724

Estimated living cost is $523 per week

$354

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

$43

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$119

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Andorra , Andorra

$1699

$1662

$1319

$1379

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

2 250

income

110

social contributions

495

total

605

Employee

348

1 948

income

116

social contributions

127

total

243

Employer

348

1 948

social contributions

302

total

302

Corporate

1 848

2 250

income

185

225

total

185

225

Dividends

1 663

2 025

total

Income

2 250

Total tax

262

225

545

605

After tax

1 988

2 025

1 705

1 645

Living cost

326

Free-cash

1 662

1 699

1 379

1 319

Estimated living cost is $326 per week

$211

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

$25

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$84

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Copenhagen , Denmark

-$111

$786

-$111

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

2 250

municipal

479

pensions

national

275

labour market

179

total

942

Employee

2 203

labour market

176

national

269

municipal

469

pensions

total

917

Employer

2 203

labour market

176

municipal

470

pensions

national

270

total

922

Corporate

income

total

Dividends

withholding

total

Income

2 250

Total tax

1 839

942

After tax

411

1 308

Living cost

522

Free-cash

-111

786

Estimated living cost is $522 per week

$357

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

$46

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$110

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Krakow , Poland

-$51

$148

$1304

$1002

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

2 250

accident

income

638

pensions

other

health

total

713

Employee

367

2 047

health

234

income

496

pensions

total

133

812

Employer

367

2 047

accident

unemployment

pensions

119

total

203

Corporate

1 808

2 250

income

1 627

2 025

total

1 627

2 025

Dividends

181

225

withholding

total

Income

2 250

Total tax

1 869

2 068

1 015

713

After tax

381

182

1 235

1 537

Living cost

233

Free-cash

148

-51

1 002

1 304

Estimated living cost is $233 per week

$170

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

$13

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$46

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

Helsinki , Finland

$973

$1006

$985

$728

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

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

2 250

municipal

400

health

national

419

total

849

Employee

570

1 893

health

municipal

308

pensions

128

unemployment

national

260

total

153

749

Employer

570

1 893

accident

unemployment

pensions

328

health

total

108

357

Corporate

1 573

2 250

income

315

450

total

315

450

Dividends

Finish residents use 75% of income from dividends as a base for income tax.

944

1 350

national

168

municipal

170

243

total

252

411

Income

2 250

Total tax

828

861

1 106

849

After tax

1 422

1 389

1 144

1 401

Living cost

416

Free-cash

1 006

973

728

985

Estimated living cost is $416 per week

$272

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

$40

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$98

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

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Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Larnaca , Cyprus

$1390

$1331

$1270

$1252

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

2 250

income

497

health

social contributions

175

total

729

Employee

833

2 118

social contributions

health

income

486

total

128

160

615

Employer

833

2 118

social contributions

health

total

132

Corporate

1 832

1 333

income

229

167

total

229

167

Dividends

1 603

1 166

withholding

273

198

total

273

198

Income

2 250

Total tax

668

609

747

729

After tax

1 582

1 641

1 503

1 521

Living cost

251

Free-cash

1 331

1 390

1 252

1 270

Estimated living cost is $251 per week

$150

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

$25

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$70

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Podgorica , Montenegro

$1692

$1636

$1738

$1521

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

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

up to €9,000.00, 60% of the average monthly wage in Montenegro
up to €15,000.00, 100% of the average monthly wage in Montenegro
in excess of €15,000, 150% of the average monthly wage in Montenegro

2 250

income

232

pensions

unemployment

health

total

340

Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

249

2 144

health

income

205

pensions

154

unemployment

total

451

Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

249

2 144

unemployment

pensions

health

total

106

Corporate

1 976

2 250

income

178

202

total

178

202

Dividends

1 798

2 048

withholding

162

184

total

162

184

Income

2 250

Total tax

442

386

557

340

After tax

1 808

1 864

1 693

1 910

Living cost

172

Free-cash

1 636

1 692

1 521

1 738

Estimated living cost is $172 per week

$110

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

$12

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$45

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Valencia , Spain

$1198

$1150

$961

$915

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

2 250

accident

income

690

pensions

284

other

unemployment

total

991

Employee

400

1 930

other

income

653

pensions

unemployment

total

102

717

Employer

400

1 930

accident

other

unemployment

pensions

237

total

128

320

Corporate

1 722

2 250

income

258

337

total

258

337

Dividends

1 464

1 913

withholding

314

417

total

314

417

Income

2 250

Total tax

802

754

1 037

991

After tax

1 448

1 496

1 213

1 259

Living cost

298

Free-cash

1 150

1 198

915

961

Estimated living cost is $298 per week

$201

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

$29

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$63

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Istanbul , Turkey

$1374

$1370

$1414

$1413

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

2 250

income

768

pensions

health

total

806

Employee

2 226

health

income

767

pensions

unemployment

total

783

Employer

2 226

unemployment

pensions

health

total

Corporate

2 195

2 250

income

483

495

total

483

495

Dividends

1 712

1 755

withholding

342

351

total

342

351

Income

2 250

Total tax

850

846

807

806

After tax

1 400

1 404

1 443

1 444

Living cost

Free-cash

1 370

1 374

1 413

1 414

Estimated living cost is $30 per week

$18

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

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details

Belgrade , Serbia

$1438

$1384

$1244

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

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

2 250

income

517

pensions

208

unemployment

health

total

819

Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

282

2 107

health

income

517

pensions

112

unemployment

total

676

Employer

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

282

2 107

unemployment

pensions

health

total

143

Corporate

1 917

2 250

income

288

338

total

288

338

Dividends

1 629

1 912

withholding

244

287

total

244

287

Income

2 250

Total tax

679

625

819

After tax

1 571

1 625

1 431

Living cost

187

Free-cash

1 384

1 438

1 244

Estimated living cost is $187 per week

$126

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

$14

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$41

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Porto , Portugal

$987

$984

$891

$720

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

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

2 250

income

285

surtax

social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

782

total

1 067

Employee

420

1 818

social contributions

200

surtax

income

606

total

128

806

Employer

420

1 818

social contributions

100

432

total

100

432

Corporate

1 730

2 250

surtax

income

363

473

total

363

473

Dividends

1 367

1 777

withholding

383

498

total

383

498

Income

2 250

Total tax

974

971

1 238

1 067

After tax

1 276

1 279

1 012

1 183

Living cost

292

Free-cash

984

987

720

891

Estimated living cost is $292 per week

$207

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

$20

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$60

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Madrid , Spain

$1115

$1044

$878

$832

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

2 250

accident

income

690

pensions

284

other

unemployment

total

991

Employee

523

1 930

other

income

109

653

pensions

unemployment

total

143

717

Employer

523

1 930

accident

other

unemployment

pensions

123

237

total

166

320

Corporate

1 560

2 250

income

234

337

total

234

337

Dividends

1 326

1 913

withholding

282

417

total

282

417

Income

2 250

Total tax

825

754

1 037

991

After tax

1 425

1 496

1 213

1 259

Living cost

381

Free-cash

1 044

1 115

832

878

Estimated living cost is $381 per week

$273

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

$30

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$72

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Sofia , Bulgaria

$1738

$1672

$1625

$1718

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

2 250

income

337

pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

unemployment

health

total

439

Employee

247

2 176

health

accident

We are using the highest rate at 1.1%.

income

218

pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

total

272

Employer

247

2 176

accident

We are using the highest rate at 1.1%.

unemployment

pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

health

total

Corporate

1 955

2 250

income

195

225

total

195

225

Dividends

1 759

2 025

withholding

101

total

101

Income

2 250

Total tax

392

326

346

439

After tax

1 858

1 924

1 904

1 811

Living cost

186

Free-cash

1 672

1 738

1 718

1 625

Estimated living cost is $186 per week

$123

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

$11

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$48

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Berlin , Germany

$740

$881

$734

$985

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

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

2 250

trade

251

income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

733

health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

total

1 098

Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

539

2 250

health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

733

total

120

847

Employer

total

Corporate

1 711

2 250

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

income

257

337

trade

246

323

chamber of commerce

total

521

684

Dividends

1 191

1 566

surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

withholding

294

387

total

310

408

Income

2 250

Total tax

951

1 092

847

1 098

After tax

1 299

1 158

1 403

1 152

Living cost

418

Free-cash

881

740

985

734

Estimated living cost is $418 per week

$288

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

$45

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$79

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

Dublin , Ireland

$958

$983

$529

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

2 250

income

721

social contributions

383

total

1 104

Employee

847

2 250

income

160

721

social contributions

383

total

230

1 104

Employer

847

2 250

total

Corporate

1 403

2 250

income

175

281

total

175

281

Dividends

1 227

1 969

withholding

245

394

total

245

394

Income

2 250

Total tax

650

675

1 104

After tax

1 600

1 575

1 146

Living cost

617

Free-cash

983

958

529

Estimated living cost is $617 per week

$469

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

$50

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$91

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Sliema , Malta

$1013

$1050

$1448

$1186

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

We use The Residence Programme or The Global Residence Programme.

2 250

income

337

health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

total

409

Employee

497

2 200

income

571

social contributions

total

104

621

Employer

497

2 200

social contributions

total

Corporate

1 703

2 250

income

596

787

total

596

787

Dividends

1 107

1 463

social contributions

total

Income

2 250

Total tax

807

844

671

409

After tax

1 443

1 406

1 579

1 841

Living cost

393

Free-cash

1 050

1 013

1 186

1 448

Estimated living cost is $393 per week

$259

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

$31

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$97

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Edinburgh , United Kingdom

$1033

$1097

$1063

$862

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

2 250

income

679

pensions

104

total

783

Employee

554

1 962

health

income

101

544

pensions

126

total

150

697

Employer

554

1 962

pensions

250

health

total

287

Corporate

1 629

2 250

income

310

427

total

310

427

Dividends

1 320

1 823

withholding

222

386

total

222

386

Income

2 250

Total tax

749

813

984

783

After tax

1 501

1 437

1 266

1 467

Living cost

404

Free-cash

1 097

1 033

862

1 063

Estimated living cost is $404 per week

$277

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

$37

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$85

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details

Additional information

Warsaw , Poland

-$75

$143

$1280

$978

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

2 250

accident

income

638

pensions

other

health

total

713

Employee

403

2 047

health

234

income

496

pensions

total

146

812

Employer

403

2 047

accident

unemployment

pensions

119

total

203

Corporate

1 764

2 250

income

1 588

2 025

total

1 588

2 025

Dividends

176

225

withholding

total

Income

2 250

Total tax

1 851

2 068

1 015

713

After tax

399

182

1 235

1 537

Living cost

257

Free-cash

143

-75

978

1 280

Estimated living cost is $257 per week

$188

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

$15

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$48

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

Skopje , Macedonia

$1575

$1543

$1251

$1491

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

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

2 250

work injury

health insurance

128

income

376

pensions

319

unemployment

total

853

Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

234

2 250

work injury

income

376

pensions

159

health insurance

unemployment

total

613

Employer

total

Corporate

2 016

2 250

income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

202

225

total

202

225

Dividends

1 814

2 025

withholding

272

304

total

272

304

Income

2 250

Total tax

561

529

613

853

After tax

1 689

1 721

1 637

1 397

Living cost

146

Free-cash

1 543

1 575

1 491

1 251

Estimated living cost is $146 per week

$91

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

$11

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$40

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

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Rome , Italy

$755

$706

$615

$524

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

2 250

municipal

regional

national

594

social contributions

542

total

1 204

Employee

913

2 250

social contributions

308

711

regional

municipal

national

154

522

total

481

1 295

Employer

913

2 250

total

Corporate

1 337

2 250

nationa

321

540

municipal

108

total

385

648

Dividends

952

1 602

withholding

247

416

total

247

416

Income

2 250

Total tax

1 113

1 064

1 295

1 204

After tax

1 137

1 186

955

1 046

Living cost

431

Free-cash

706

755

524

615

Estimated living cost is $431 per week

$303

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

$30

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

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.

$92

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

[[ place.name ]], [[ place.country ]]

[[ row[2] ]] ^{[[ row[0] ]]}

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ source.content ]] ([[ source.language ]])
Last time retrieved: [[ source.date ]]

[[ row[2] ]] ^{[[ row[0] ]]}

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ source.content ]] ([[ source.language ]])
Last time retrieved: [[ source.date ]]

My average income is &#36; 2250 per week

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Your estimated [[ filt ]] in[[ place.name ]], [[ place.country ]]

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[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

average income is
$ 2250

per

Your estimated [[ filt ]] in
[[ place.name ]], [[ place.country ]]