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
$ 2350

per

Your estimated

Best value All models

City

free-cash

Dresden , Germany

$857

$976

$839

$1130

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.

2 350

trade

291

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.

775

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

1 183

Employee

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

414

2 350

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.

775

total

892

Employer

total

Corporate

1 936

2 350

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

290

352

trade

305

370

chamber of commerce

total

615

746

Dividends

1 320

1 603

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

326

397

total

344

419

Income

2 350

Total tax

1 046

1 165

892

1 183

After tax

1 304

1 185

1 458

1 167

Living cost

328

Free-cash

976

857

1 130

839

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

$919

$910

$797

$809

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

2 350

municipal

261

pensions

282

national

438

social contributions

total

1 006

Employee

848

2 032

municipal

105

270

pensions

national

162

458

total

301

809

Employer

848

2 032

social contributions

pensions

163

total

185

Corporate

1 369

2 350

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%.

274

470

total

274

470

Dividends

1 095

1 880

withholding

241

414

total

241

414

Income

2 350

Total tax

893

884

994

1 006

After tax

1 457

1 466

1 356

1 344

Living cost

547

Free-cash

910

919

809

797

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

$1655

$1567

$624

$793

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.

2 350

microenterprise

income

487

surtax

599

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

1 501

Employee

317

1 837

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

266

income

411

total

819

Employer

317

1 837

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

202

total

513

Corporate

1 957

2 350

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%.

391

470

total

391

470

Dividends

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

1 566

1 880

total

Income

2 350

Total tax

558

470

1 332

1 501

After tax

1 792

1 880

1 018

849

Living cost

225

Free-cash

1 567

1 655

793

624

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

$716

$651

$812

$1049

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

2 350

income

823

pensions

127

health

134

total

1 084

Employee

925

2 149

health

142

121

134

income

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

151

385

pensions

166

127

total

459

399

646

Employer

925

2 149

unemployment

pensions

health

total

161

201

Corporate

1 274

1 263

income

255

253

total

255

253

Dividends

1 020

1 010

income

217

215

withholding

153

152

total

370

367

Income

2 350

Total tax

1 245

1 180

847

1 084

After tax

1 105

1 170

1 503

1 266

Living cost

454

Free-cash

651

716

1 049

812

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

$865

$855

$757

$748

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

2 350

municipal

622

accident

pensions

other

107

unemployment

health

national

287

total

1 175

Employee

596

2 062

municipal

178

615

national

281

total

178

896

Employer

596

2 062

accident

other

107

unemployment

pensions

health

total

187

288

Corporate

1 566

2 350

income

345

517

total

345

517

Dividends

1 222

1 833

withholding

367

550

total

367

550

Income

2 350

Total tax

1 077

1 067

1 184

1 175

After tax

1 273

1 283

1 166

1 175

Living cost

418

Free-cash

855

865

748

757

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

$747

$900

$729

$1033

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.

2 350

trade

304

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.

775

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

1 196

Employee

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

549

2 350

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.

775

total

124

892

Employer

total

Corporate

1 801

2 350

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

270

352

trade

296

387

chamber of commerce

total

585

763

Dividends

1 215

1 587

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

300

393

total

316

415

Income

2 350

Total tax

1 025

1 178

892

1 196

After tax

1 325

1 172

1 458

1 154

Living cost

426

Free-cash

900

747

1 033

729

Estimated living cost is $426 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

$1363

$1318

$1233

$1214

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

2 350

income

531

health

social contributions

175

total

766

Employee

833

2 216

social contributions

health

income

520

total

135

160

651

Employer

833

2 216

social contributions

health

total

134

Corporate

1 813

1 433

income

227

179

total

227

179

Dividends

1 586

1 253

withholding

270

213

total

270

213

Income

2 350

Total tax

681

636

785

766

After tax

1 669

1 714

1 565

1 584

Living cost

351

Free-cash

1 318

1 363

1 214

1 233

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

$1122

$1127

$1432

$1166

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

2 350

income

287

pensions

235

unemployment

health

164

total

721

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

1 967

health

138

income

240

pensions

197

unemployment

total

604

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

1 967

pensions

383

total

383

Corporate

2 011

2 215

income

181

199

total

181

199

Dividends

1 830

2 016

social contributions

355

392

withholding

348

383

total

703

775

Income

2 350

Total tax

1 026

1 031

987

721

After tax

1 324

1 319

1 363

1 629

Living cost

197

Free-cash

1 127

1 122

1 166

1 432

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

$1618

$1551

$997

$1093

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

2 350

income

315

pensions

470

health

306

total

1 091

Employee

307

1 756

income

339

pensions

unemployment

total

402

Employer

307

1 756

unemployment

pensions

351

health

228

total

103

593

Corporate

1 939

2 350

income

388

470

total

388

470

Dividends

1 551

1 880

total

Income

2 350

Total tax

537

470

995

1 091

After tax

1 813

1 880

1 355

1 259

Living cost

262

Free-cash

1 551

1 618

1 093

997

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

-$47

$154

$1368

$1055

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

2 350

accident

income

670

pensions

other

health

total

745

Employee

373

2 143

health

245

income

523

pensions

total

136

850

Employer

373

2 143

accident

unemployment

pensions

119

total

208

Corporate

1 901

2 350

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.

1 711

2 115

total

1 711

2 115

Dividends

190

235

withholding

total

Income

2 350

Total tax

1 959

2 160

1 058

745

After tax

391

190

1 292

1 605

Living cost

237

Free-cash

154

-47

1 055

1 368

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

$2135

$2118

$2230

$1783

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%.

2 350

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

2 350

income

470

total

470

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%.

2 228

2 350

total

Dividends

2 228

2 350

withholding

111

118

total

111

118

Income

2 350

Total tax

135

118

470

After tax

2 215

2 232

1 880

2 327

Living cost

Free-cash

2 118

2 135

1 783

2 230

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

$1437

$1362

$1111

$1092

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

2 350

income

405

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

950

Employee

393

1 933

health

income

399

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

553

Employer

393

1 933

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

1 858

2 350

income

390

494

total

390

494

Dividends

1 468

1 856

withholding

103

130

total

103

130

Income

2 350

Total tax

699

624

969

950

After tax

1 651

1 726

1 381

1 400

Living cost

289

Free-cash

1 362

1 437

1 092

1 111

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

$764

$853

$798

$588

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

2 350

income

718

pensions

107

total

825

Employee

1 028

2 049

health

income

185

578

pensions

128

total

301

734

Employer

1 028

2 049

pensions

121

262

health

total

141

301

Corporate

1 181

2 350

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.

224

447

total

224

447

Dividends

956

1 903

withholding

104

412

total

104

412

Income

2 350

Total tax

770

859

1 035

825

After tax

1 580

1 491

1 315

1 525

Living cost

727

Free-cash

853

764

588

798

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

$1867

$1816

$1753

$1852

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

2 350

income

353

pensions

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

unemployment

health

total

455

Employee

188

2 276

health

accident

We are using the highest rate at 1.1%.

income

228

pensions

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

total

282

Employer

188

2 276

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

2 125

2 350

income

212

235

total

212

235

Dividends

1 912

2 115

withholding

106

total

106

Income

2 350

Total tax

392

341

356

455

After tax

1 958

2 009

1 994

1 895

Living cost

142

Free-cash

1 816

1 867

1 852

1 753

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

$569

$597

$665

$902

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

2 350

income

823

pensions

127

health

134

total

1 084

Employee

1 004

925

2 149

health

125

121

134

income

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

151

385

pensions

127

total

403

399

646

Employer

1 004

925

2 149

unemployment

pensions

health

total

176

161

201

Corporate

1 170

1 263

income

234

253

total

234

253

Dividends

936

1 010

income

199

215

withholding

140

152

total

339

367

Income

2 350

Total tax

1 152

1 180

847

1 084

After tax

1 198

1 170

1 503

1 266

Living cost

601

Free-cash

597

569

902

665

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

$1358

$1267

$1125

$1023

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

2 350

income

249

health

317

solidarity contribution

social contributions

373

total

966

Employee

382

1 863

social contributions

health

251

solidarity contribution

income

229

total

123

580

Employer

382

1 863

social contributions

320

health

168

total

129

488

Corporate

1 839

2 350

income

349

447

total

349

447

Dividends

1 489

1 903

withholding

223

286

total

223

286

Income

2 350

Total tax

824

733

1 068

966

After tax

1 526

1 617

1 282

1 384

Living cost

259

Free-cash

1 267

1 358

1 023

1 125

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

$796

$740

$671

$579

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

2 350

municipal

regional

national

637

social contributions

542

total

1 222

Employee

963

2 350

social contributions

325

711

regional

municipal

national

167

564

total

506

1 314

Employer

963

2 350

total

Corporate

1 387

2 350

nationa

333

564

municipal

total

387

656

Dividends

1 000

1 694

withholding

260

441

total

260

441

Income

2 350

Total tax

1 153

1 097

1 314

1 222

After tax

1 197

1 253

1 036

1 128

Living cost

457

Free-cash

740

796

579

671

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

$1239

$1206

$867

$800

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

2 350

income

728

pensions

289

other

unemployment

health

103

surtax

122

total

1 244

Employee

358

2 046

other

health

surtax

109

income

663

pensions

unemployment

101

total

119

1 006

Employer

358

2 046

other

unemployment

pensions

193

health

total

305

Corporate

1 916

2 350

income

498

611

total

498

611

Dividends

1 418

1 739

withholding

213

261

total

213

261

Income

2 350

Total tax

905

872

1 311

1 244

After tax

1 445

1 478

1 039

1 106

Living cost

239

Free-cash

1 206

1 239

800

867

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

$994

$1065

$1028

$818

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

2 350

income

718

pensions

107

total

825

Employee

689

2 049

health

income

124

578

pensions

128

total

193

734

Employer

689

2 049

pensions

262

health

total

301

Corporate

1 573

2 350

income

299

447

total

299

447

Dividends

1 274

1 903

withholding

208

412

total

208

412

Income

2 350

Total tax

788

859

1 035

825

After tax

1 562

1 491

1 315

1 525

Living cost

497

Free-cash

1 065

994

818

1 028

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

$255

$607

$1049

$960

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

2 350

city

pensions

216

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

130

health

national

total

482

Employee

958

2 114

city

regional

116

health

pensions

166

unemployment

national

total

128

358

Employer

958

2 114

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

166

health

total

101

213

Corporate

1 280

2 350

regional

271

497

national

109

200

total

380

697

Dividends

900

1 653

withholding

315

579

total

315

579

Income

2 350

Total tax

924

1 276

571

482

After tax

1 426

1 074

1 779

1 868

Living cost

819

Free-cash

607

255

960

1 049

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

$666

$840

$645

$962

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.

2 350

trade

317

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.

775

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

1 209

Employee

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

651

2 350

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.

775

total

155

892

Employer

total

Corporate

1 699

2 350

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

352

trade

291

403

chamber of commerce

total

564

779

Dividends

1 135

1 570

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

280

388

total

295

409

Income

2 350

Total tax

1 014

1 188

892

1 209

After tax

1 336

1 162

1 458

1 141

Living cost

496

Free-cash

840

666

962

645

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

$813

$878

$922

$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

2 350

income

427

pensions

377

other

health

113

surtax

social contributions

total

1 057

Employee

464

1 796

social contributions

surtax

income

381

pensions

134

total

566

Employer

464

1 796

other

social contributions

unemployment

pensions

224

health

177

total

144

553

Corporate

1 742

2 350

surtax

income

488

658

total

488

658

Dividends

1 254

1 692

surtax

social contributions

216

291

withholding

161

217

total

377

508

Income

2 350

Total tax

1 101

1 166

1 119

1 057

After tax

1 249

1 184

1 231

1 293

Living cost

371

Free-cash

878

813

860

922

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

$850

$910

$959

$897

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

2 350

income

427

pensions

377

other

health

113

surtax

social contributions

total

1 057

Employee

414

1 796

social contributions

surtax

income

381

pensions

134

total

566

Employer

414

1 796

other

social contributions

unemployment

pensions

224

health

177

total

129

553

Corporate

1 807

2 350

surtax

income

506

658

total

506

658

Dividends

1 301

1 692

surtax

social contributions

224

291

withholding

167

217

total

391

508

Income

2 350

Total tax

1 106

1 166

1 119

1 057

After tax

1 244

1 184

1 231

1 293

Living cost

334

Free-cash

910

850

897

959

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

$1204

$1209

$1280

$1218

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

2 350

income

352

health

164

social contributions

324

total

840

Employee

367

2 350

social contributions

324

health

164

income

414

total

138

902

Employer

367

2 350

total

Corporate

1 983

2 350

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%.

117

total

117

Dividends

1 884

2 233

health

131

156

social contributions

260

308

withholding

283

335

total

674

799

Income

2 350

Total tax

911

916

902

840

After tax

1 439

1 434

1 448

1 510

Living cost

230

Free-cash

1 209

1 204

1 218

1 280

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

$914

$899

$824

$235

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

2 350

chamber of commerce

income

736

pensions

234

unemployment

health

surtax

total

1 144

Employee

541

432

1 935

other

health

income

615

pensions

130

unemployment

total

159

110

845

Employer

541

432

1 935

accident

other

chamber of commerce

unemployment

surtax

pensions

159

payroll

health

total

157

126

415

Corporate

1 651

1 792

1 894

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.

413

448

473

total

413

448

473

Dividends

1 238

1 344

withholding

340

370

total

340

370

Income

2 350

Total tax

1 069

1 054

1 733

1 144

After tax

1 281

1 296

617

1 206

Living cost

382

Free-cash

899

914

235

824

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

$899

$757

$627

$406

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

2 350

national

933

communal

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

125

social contributions

270

total

1 328

Employee

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

775

1 820

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.

137

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

685

total

379

1 019

Employer

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

775

1 820

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

206

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.

161

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.

112

total

226

530

Corporate

1 350

2 350

surtax

income

270

497

total

275

507

Dividends

1 074

1 844

withholding

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

318

549

total

318

549

Income

2 350

Total tax

1 198

1 056

1 549

1 328

After tax

1 152

1 294

801

1 022

Living cost

395

Free-cash

757

899

406

627

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

$1171

$1096

$923

$877

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

2 350

accident

income

735

pensions

284

other

unemployment

total

1 036

Employee

539

2 030

other

income

114

698

pensions

unemployment

total

148

762

Employer

539

2 030

accident

other

unemployment

pensions

127

237

total

172

320

Corporate

1 639

2 350

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.

246

352

total

246

352

Dividends

1 393

1 998

withholding

297

436

total

297

436

Income

2 350

Total tax

863

788

1 082

1 036

After tax

1 487

1 562

1 268

1 314

Living cost

391

Free-cash

1 096

1 171

877

923

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

$749

$599

$523

$617

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

2 350

accident

income

435

pensions

352

health

165

surtax

117

communal

149

total

1 238

Employee

820

2 099

health

surtax

129

income

503

pensions

168

total

232

893

Employer

820

2 099

accident

pensions

168

health

total

251

Corporate

1 432

2 350

surtax

communal

159

income

215

352

total

327

536

Dividends

1 105

1 814

income

339

204

withholding

166

272

total

505

476

Income

2 350

Total tax

1 162

1 012

1 144

1 238

After tax

1 188

1 338

1 206

1 112

Living cost

589

Free-cash

599

749

617

523

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

$1235

$1201

$863

$796

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

2 350

income

728

pensions

289

other

unemployment

health

103

surtax

122

total

1 244

Employee

365

2 046

other

health

surtax

109

income

663

pensions

unemployment

101

total

120

1 006

Employer

365

2 046

other

unemployment

pensions

193

health

total

305

Corporate

1 908

2 350

income

496

611

total

496

611

Dividends

1 412

1 739

withholding

212

261

total

212

261

Income

2 350

Total tax

906

872

1 311

1 244

After tax

1 444

1 478

1 039

1 106

Living cost

243

Free-cash

1 201

1 235

796

863

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

$943

$919

$828

$737

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

2 350

municipal

regional

national

637

social contributions

542

total

1 230

Employee

601

2 350

social contributions

203

711

regional

municipal

national

564

total

309

1 321

Employer

601

2 350

total

Corporate

1 749

2 350

nationa

420

564

municipal

117

total

507

681

Dividends

1 242

1 669

withholding

323

434

total

323

434

Income

2 350

Total tax

1 139

1 115

1 321

1 230

After tax

1 211

1 235

1 029

1 120

Living cost

292

Free-cash

919

943

737

828

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

$1297

$1184

$1064

$962

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

2 350

income

249

health

317

solidarity contribution

social contributions

373

total

966

Employee

470

1 863

social contributions

health

251

solidarity contribution

income

229

total

150

580

Employer

470

1 863

social contributions

118

320

health

168

total

160

488

Corporate

1 720

2 350

income

327

447

total

327

447

Dividends

1 393

1 903

withholding

209

286

total

209

286

Income

2 350

Total tax

846

733

1 068

966

After tax

1 504

1 617

1 282

1 384

Living cost

320

Free-cash

1 184

1 297

962

1 064

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

$951

$948

$862

$271

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

2 350

chamber of commerce

income

736

pensions

234

unemployment

health

surtax

total

1 142

Employee

473

432

1 937

other

health

income

616

pensions

130

unemployment

total

127

110

846

Employer

473

432

1 937

accident

other

chamber of commerce

unemployment

surtax

pensions

159

payroll

health

total

135

124

413

Corporate

1 740

1 794

1 896

income

435

449

474

total

435

449

474

Dividends

1 305

1 346

withholding

359

370

total

359

370

Income

2 350

Total tax

1 056

1 053

1 733

1 142

After tax

1 294

1 297

617

1 208

Living cost

346

Free-cash

948

951

271

862

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

$2080

$2052

$2175

$1728

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%.

2 350

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

2 350

income

470

total

470

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%.

2 160

2 350

total

Dividends

2 160

2 350

withholding

108

118

total

108

118

Income

2 350

Total tax

146

118

470

After tax

2 204

2 232

1 880

2 327

Living cost

152

Free-cash

2 052

2 080

1 728

2 175

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

$1327

$1237

$809

$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

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.

2 350

income

586

pensions

429

unemployment

health

231

total

1 250

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

2 033

health

131

income

535

pensions

315

unemployment

total

189

984

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

2 033

unemployment

pensions

180

health

135

total

316

Corporate

1 796

2 350

income

341

446

total

341

446

Dividends

1 455

1 904

withholding

218

286

total

218

286

Income

2 350

Total tax

822

732

1 300

1 250

After tax

1 528

1 618

1 050

1 100

Living cost

291

Free-cash

1 237

1 327

759

809

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

$962

$446

$1156

$1739

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

2 350

income

458

social contributions

268

total

726

Employee

671

social contributions

income

148

total

203

Employer

671

social contributions

946

135

total

946

135

Corporate

734

2 350

income

161

517

total

161

517

Dividends

572

1 833

income

126

403

total

126

403

Income

2 350

Total tax

1 436

920

143

726

After tax

914

1 430

2 207

1 624

Living cost

468

Free-cash

446

962

1 739

1 156

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

$996

$986

$890

$710

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.

2 350

income

303

surtax

social contributions

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

817

total

1 120

Employee

498

1 899

social contributions

209

surtax

income

104

639

total

159

849

Employer

498

1 899

social contributions

118

451

total

118

451

Corporate

1 734

2 350

surtax

income

364

494

total

364

494

Dividends

1 369

1 856

withholding

383

520

total

383

520

Income

2 350

Total tax

1 024

1 014

1 300

1 120

After tax

1 326

1 336

1 050

1 230

Living cost

340

Free-cash

986

996

710

890

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

$661

$737

$770

$708

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

2 350

income

427

pensions

377

other

health

113

surtax

social contributions

total

1 057

Employee

678

1 796

social contributions

surtax

income

381

pensions

134

total

155

566

Employer

678

1 796

other

social contributions

unemployment

pensions

111

224

health

177

total

210

553

Corporate

1 460

2 350

surtax

income

409

658

total

409

658

Dividends

1 051

1 692

surtax

social contributions

181

291

withholding

135

217

total

316

508

Income

2 350

Total tax

1 090

1 166

1 119

1 057

After tax

1 260

1 184

1 231

1 293

Living cost

523

Free-cash

737

661

708

770

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

$1789

$1752

$1389

$1453

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

2 350

income

118

social contributions

517

total

635

Employee

348

2 035

income

124

social contributions

132

total

256

Employer

348

2 035

social contributions

315

total

315

Corporate

1 948

2 350

income

195

235

total

195

235

Dividends

1 753

2 115

total

Income

2 350

Total tax

272

235

571

635

After tax

2 078

2 115

1 779

1 715

Living cost

326

Free-cash

1 752

1 789

1 453

1 389

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

-$11

$839

-$11

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

2 350

municipal

503

pensions

national

290

labour market

187

total

989

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

2 350

Total tax

1 839

989

After tax

511

1 361

Living cost

522

Free-cash

-11

839

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.

$111

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Krakow , Poland

-$43

$156

$1372

$1059

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

2 350

accident

income

670

pensions

other

health

total

745

Employee

367

2 143

health

245

income

523

pensions

total

133

850

Employer

367

2 143

accident

unemployment

pensions

119

total

208

Corporate

1 908

2 350

income

1 717

2 115

total

1 717

2 115

Dividends

191

235

withholding

total

Income

2 350

Total tax

1 961

2 160

1 058

745

After tax

389

190

1 292

1 605

Living cost

233

Free-cash

156

-43

1 059

1 372

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

$1029

$1062

$1035

$766

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

2 350

municipal

417

health

national

450

total

899

Employee

570

1 977

health

municipal

322

pensions

133

unemployment

national

284

total

153

795

Employer

570

1 977

accident

unemployment

pensions

343

health

total

108

373

Corporate

1 673

2 350

income

335

470

total

335

470

Dividends

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

1 004

1 410

national

181

municipal

181

254

total

276

435

Income

2 350

Total tax

872

905

1 168

899

After tax

1 478

1 445

1 182

1 451

Living cost

416

Free-cash

1 062

1 029

766

1 035

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

$1463

$1404

$1333

$1314

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

2 350

income

531

health

social contributions

175

total

766

Employee

833

2 216

social contributions

health

income

520

total

128

160

651

Employer

833

2 216

social contributions

health

total

134

Corporate

1 932

1 433

income

242

179

total

242

179

Dividends

1 691

1 253

withholding

287

213

total

287

213

Income

2 350

Total tax

695

636

785

766

After tax

1 655

1 714

1 565

1 584

Living cost

251

Free-cash

1 404

1 463

1 314

1 333

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.

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Podgorica , Montenegro

$1774

$1719

$1827

$1610

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

2 350

income

243

pensions

unemployment

health

total

351

Employee

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

249

2 244

health

income

216

pensions

154

unemployment

total

462

Employer

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

249

2 244

unemployment

pensions

health

total

106

Corporate

2 076

2 350

income

187

212

total

187

212

Dividends

1 889

2 138

withholding

170

192

total

170

192

Income

2 350

Total tax

459

404

568

351

After tax

1 891

1 946

1 782

1 999

Living cost

172

Free-cash

1 719

1 774

1 610

1 827

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

$1264

$1216

$1016

$970

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

2 350

accident

income

735

pensions

284

other

unemployment

total

1 036

Employee

400

2 030

other

income

698

pensions

unemployment

total

102

762

Employer

400

2 030

accident

other

unemployment

pensions

237

total

128

320

Corporate

1 822

2 350

income

273

352

total

273

352

Dividends

1 549

1 998

withholding

333

436

total

333

436

Income

2 350

Total tax

836

788

1 082

1 036

After tax

1 514

1 562

1 268

1 314

Living cost

298

Free-cash

1 216

1 264

970

1 016

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

$1436

$1432

$1479

$1478

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

2 350

income

803

pensions

health

total

841

Employee

2 326

health

income

802

pensions

unemployment

total

818

Employer

2 326

unemployment

pensions

health

total

Corporate

2 295

2 350

income

505

517

total

505

517

Dividends

1 790

1 833

withholding

358

367

total

358

367

Income

2 350

Total tax

888

884

842

841

After tax

1 462

1 466

1 508

1 509

Living cost

Free-cash

1 432

1 436

1 478

1 479

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

$1511

$1456

$1319

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.

2 350

income

542

pensions

208

unemployment

health

total

844

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

2 207

health

income

542

pensions

112

unemployment

total

701

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

2 207

unemployment

pensions

health

total

143

Corporate

2 017

2 350

income

303

352

total

303

352

Dividends

1 714

1 998

withholding

257

300

total

257

300

Income

2 350

Total tax

707

652

844

After tax

1 643

1 698

1 506

Living cost

187

Free-cash

1 456

1 511

1 319

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

$1044

$1041

$938

$758

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.

2 350

income

303

surtax

social contributions

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

817

total

1 120

Employee

420

1 899

social contributions

209

surtax

income

639

total

128

849

Employer

420

1 899

social contributions

100

451

total

100

451

Corporate

1 830

2 350

surtax

income

384

494

total

384

494

Dividends

1 446

1 856

withholding

405

520

total

405

520

Income

2 350

Total tax

1 017

1 014

1 300

1 120

After tax

1 333

1 336

1 050

1 230

Living cost

292

Free-cash

1 041

1 044

758

938

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

$1181

$1109

$933

$887

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

2 350

accident

income

735

pensions

284

other

unemployment

total

1 036

Employee

523

2 030

other

income

109

698

pensions

unemployment

total

143

762

Employer

523

2 030

accident

other

unemployment

pensions

123

237

total

166

320

Corporate

1 660

2 350

income

249

352

total

249

352

Dividends

1 411

1 998

withholding

302

436

total

302

436

Income

2 350

Total tax

860

788

1 082

1 036

After tax

1 490

1 562

1 268

1 314

Living cost

381

Free-cash

1 109

1 181

887

933

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

$1823

$1758

$1709

$1808

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

2 350

income

353

pensions

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

unemployment

health

total

455

Employee

247

2 276

health

accident

We are using the highest rate at 1.1%.

income

228

pensions

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

total

282

Employer

247

2 276

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

2 055

2 350

income

205

235

total

205

235

Dividends

1 849

2 115

withholding

106

total

106

Income

2 350

Total tax

406

341

356

455

After tax

1 944

2 009

1 994

1 895

Living cost

186

Free-cash

1 758

1 823

1 808

1 709

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

$792

$933

$775

$1040

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.

2 350

trade

265

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.

775

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

1 157

Employee

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

539

2 350

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.

775

total

120

892

Employer

total

Corporate

1 811

2 350

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

272

352

trade

260

337

chamber of commerce

total

551

713

Dividends

1 260

1 636

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

311

405

total

328

427

Income

2 350

Total tax

999

1 140

892

1 157

After tax

1 351

1 210

1 458

1 193

Living cost

418

Free-cash

933

792

1 040

775

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

$1028

$1052

$570

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

2 350

income

761

social contributions

402

total

1 163

Employee

847

2 350

income

160

761

social contributions

402

total

230

1 163

Employer

847

2 350

total

Corporate

1 503

2 350

income

188

294

total

188

294

Dividends

1 315

2 056

withholding

263

411

total

263

411

Income

2 350

Total tax

681

705

1 163

After tax

1 669

1 645

1 187

Living cost

617

Free-cash

1 052

1 028

570

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

$1077

$1115

$1533

$1251

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.

2 350

income

352

health

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

total

424

Employee

497

2 300

income

606

social contributions

total

104

656

Employer

497

2 300

social contributions

total

Corporate

1 803

2 350

income

631

823

total

631

823

Dividends

1 172

1 527

social contributions

total

Income

2 350

Total tax

842

880

706

424

After tax

1 508

1 470

1 644

1 926

Living cost

393

Free-cash

1 115

1 077

1 251

1 533

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

$1087

$1151

$1121

$911

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

2 350

income

718

pensions

107

total

825

Employee

554

2 049

health

income

101

578

pensions

128

total

150

734

Employer

554

2 049

pensions

262

health

total

301

Corporate

1 729

2 350

income

329

447

total

329

447

Dividends

1 401

1 903

withholding

249

412

total

249

412

Income

2 350

Total tax

795

859

1 035

825

After tax

1 555

1 491

1 315

1 525

Living cost

404

Free-cash

1 151

1 087

911

1 121

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

-$66

$152

$1349

$1036

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

2 350

accident

income

670

pensions

other

health

total

745

Employee

403

2 143

health

245

income

523

pensions

total

146

850

Employer

403

2 143

accident

unemployment

pensions

119

total

208

Corporate

1 864

2 350

income

1 678

2 115

total

1 678

2 115

Dividends

186

235

withholding

total

Income

2 350

Total tax

1 942

2 160

1 058

745

After tax

408

190

1 292

1 605

Living cost

256

Free-cash

152

-66

1 036

1 349

Estimated living cost is $256 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.

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Additional information

Skopje , Macedonia

$1652

$1619

$1333

$1573

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.

2 350

work injury

health insurance

128

income

394

pensions

319

unemployment

total

871

Employee

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

234

2 350

work injury

income

394

pensions

159

health insurance

unemployment

total

631

Employer

total

Corporate

2 116

2 350

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%.

212

235

total

212

235

Dividends

1 904

2 115

withholding

286

317

total

286

317

Income

2 350

Total tax

585

552

631

871

After tax

1 765

1 798

1 719

1 479

Living cost

146

Free-cash

1 619

1 652

1 573

1 333

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

$806

$758

$666

$577

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

2 350

municipal

regional

national

637

social contributions

542

total

1 252

Employee

913

2 350

social contributions

308

711

regional

municipal

national

154

564

total

481

1 341

Employer

913

2 350

total

Corporate

1 437

2 350

nationa

345

564

municipal

113

total

414

677

Dividends

1 023

1 673

withholding

266

435

total

266

435

Income

2 350

Total tax

1 161

1 112

1 341

1 252

After tax

1 189

1 238

1 009

1 098

Living cost

432

Free-cash

758

806

577

666

Estimated living cost is $432 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.

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

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Estimated living cost

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

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

Estimated living cost

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

My average income is &#36; 2350 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
$ 2350

per

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