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
$ 2500

per

Your estimated

Best value All models

City

free-cash

Dresden , Germany

$900

$1214

$1052

$932

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.

2 500

trade

314

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.

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.

838

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

1 272

Employee

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

414

2 500

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.

838

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.

total

958

Employer

total

Corporate

2 086

2 500

trade

328

394

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

313

375

chamber of commerce

total

663

795

Dividends

1 422

1 705

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

351

422

total

370

445

Income

2 500

Total tax

1 120

1 240

958

1 272

After tax

1 380

1 260

1 542

1 228

Living cost

328

Free-cash

1 052

932

1 214

900

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

$872

$886

$1004

$1013

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

2 500

social contributions

municipal

278

national

476

pensions

300

total

1 081

Employee

847

2 161

pensions

national

162

497

municipal

105

288

total

301

871

Employer

847

2 161

pensions

173

social contributions

total

196

Corporate

1 520

2 500

income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

304

500

total

304

500

Dividends

1 216

2 000

withholding

267

440

total

267

440

Income

2 500

Total tax

949

940

1 067

1 081

After tax

1 551

1 560

1 433

1 419

Living cost

547

Free-cash

1 004

1 013

886

872

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

$688

$865

$1687

$1775

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.

2 500

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

income

534

microenterprise

surtax

638

total

1 587

Employee

317

1 972

income

454

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

286

total

882

Employer

317

1 972

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

217

total

528

Corporate

2 107

2 500

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%.

421

500

total

421

500

Dividends

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

1 686

2 000

total

Income

2 500

Total tax

588

500

1 410

1 587

After tax

1 912

2 000

1 090

913

Living cost

225

Free-cash

1 687

1 775

865

688

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

$885

$1145

$727

$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

2 500

health

134

income

900

pensions

127

total

1 161

Employee

925

2 299

income

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

151

439

pensions

167

127

health

142

121

134

total

460

399

700

Employer

925

2 299

pensions

health

unemployment

total

161

201

Corporate

1 424

1 413

income

285

283

total

285

283

Dividends

1 139

1 130

withholding

171

170

income

242

240

total

413

410

Income

2 500

Total tax

1 319

1 253

901

1 161

After tax

1 181

1 247

1 599

1 339

Living cost

454

Free-cash

727

793

1 145

885

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

$825

$816

$939

$948

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

2 500

other

106

unemployment

accident

municipal

667

health

national

326

pensions

total

1 258

Employee

594

2 213

national

320

municipal

177

660

total

177

980

Employer

594

2 213

pensions

other

106

accident

health

unemployment

total

187

287

Corporate

1 720

2 500

income

378

550

total

378

550

Dividends

1 341

1 950

withholding

402

585

total

402

585

Income

2 500

Total tax

1 144

1 135

1 267

1 258

After tax

1 356

1 365

1 233

1 242

Living cost

417

Free-cash

939

948

816

825

Estimated living cost is $417 per week

$276

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.

$93

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Hamburg , Germany

$788

$1116

$973

$821

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.

2 500

trade

328

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.

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.

838

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

1 286

Employee

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

549

2 500

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.

838

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.

total

124

958

Employer

total

Corporate

1 951

2 500

trade

321

411

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

293

375

chamber of commerce

total

634

812

Dividends

1 317

1 688

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

325

418

total

343

441

Income

2 500

Total tax

1 101

1 253

958

1 286

After tax

1 399

1 247

1 542

1 214

Living cost

426

Free-cash

973

821

1 116

788

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

$1328

$1308

$1428

$1472

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

2 500

social contributions

175

health

income

582

total

821

Employee

833

2 363

income

571

social contributions

health

total

135

160

704

Employer

833

2 363

health

social contributions

total

137

Corporate

1 963

1 582

income

245

198

total

245

198

Dividends

1 717

1 384

withholding

292

235

total

292

235

Income

2 500

Total tax

721

677

841

821

After tax

1 779

1 823

1 659

1 679

Living cost

351

Free-cash

1 428

1 472

1 308

1 328

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

$1533

$1252

$1209

$1205

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

2 500

unemployment

health

175

income

306

pensions

250

total

769

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.

285

114

2 092

income

256

pensions

209

unemployment

health

146

total

642

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.

285

114

2 092

pensions

408

total

408

Corporate

2 159

2 364

income

194

213

total

194

213

Dividends

1 965

2 152

social contributions

382

418

withholding

373

409

total

755

827

Income

2 500

Total tax

1 093

1 097

1 050

769

After tax

1 407

1 403

1 450

1 731

Living cost

198

Free-cash

1 209

1 205

1 252

1 533

Estimated living cost is $198 per week

$135

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.

$43

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Tallinn , Estonia

$1078

$1179

$1671

$1738

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

2 500

health

325

income

335

pensions

500

total

1 160

Employee

307

1 868

income

360

pensions

unemployment

total

427

Employer

307

1 868

pensions

374

health

243

unemployment

total

103

632

Corporate

2 089

2 500

income

418

500

total

418

500

Dividends

1 671

2 000

total

Income

2 500

Total tax

567

500

1 059

1 160

After tax

1 933

2 000

1 441

1 340

Living cost

262

Free-cash

1 671

1 738

1 179

1 078

Estimated living cost is $262 per week

$180

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

$1469

$1142

$167

-$35

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

2 500

other

accident

health

income

718

pensions

total

794

Employee

374

2 287

income

564

pensions

health

262

total

136

908

Employer

374

2 287

pensions

119

accident

unemployment

total

213

Corporate

2 050

2 500

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.

1 845

2 250

total

1 845

2 250

Dividends

205

250

withholding

total

Income

2 500

Total tax

2 096

2 298

1 121

794

After tax

404

202

1 379

1 706

Living cost

237

Free-cash

167

-35

1 142

1 469

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

$2377

$1902

$2259

$2277

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%.

2 500

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

2 500

income

500

total

500

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%.

2 378

2 500

total

Dividends

2 378

2 500

withholding

119

125

total

119

125

Income

2 500

Total tax

143

125

500

After tax

2 357

2 375

2 000

2 475

Living cost

Free-cash

2 259

2 277

1 902

2 377

Estimated living cost is $98 per week

$61

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

$1222

$1203

$1472

$1548

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

2 500

other

health

income

443

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

total

989

Employee

393

2 081

income

436

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

health

total

106

590

Employer

393

2 081

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

other

accident

health

unemployment

total

100

418

Corporate

2 007

2 500

income

422

525

total

422

525

Dividends

1 586

1 975

withholding

111

138

total

111

138

Income

2 500

Total tax

739

663

1 008

989

After tax

1 761

1 837

1 492

1 511

Living cost

289

Free-cash

1 472

1 548

1 203

1 222

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

$885

$663

$933

$845

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

2 500

income

776

pensions

110

total

886

Employee

1 031

2 179

income

186

627

pensions

131

health

total

302

787

Employer

1 031

2 179

pensions

122

280

health

total

142

321

Corporate

1 328

2 500

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.

252

475

total

252

475

Dividends

1 075

2 025

withholding

142

451

total

142

451

Income

2 500

Total tax

838

926

1 108

886

After tax

1 662

1 574

1 392

1 614

Living cost

729

Free-cash

933

845

663

885

Estimated living cost is $729 per week

$546

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

$86

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

$1881

$1987

$1944

$1995

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

2 500

unemployment

health

income

375

pensions

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

total

477

Employee

188

2 426

income

243

pensions

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

health

accident

We are using the highest rate at 1.1%.

total

297

Employer

188

2 426

pensions

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

accident

We are using the highest rate at 1.1%.

health

unemployment

total

Corporate

2 275

2 500

income

228

250

total

228

250

Dividends

2 048

2 250

withholding

102

113

total

102

113

Income

2 500

Total tax

414

363

371

477

After tax

2 086

2 137

2 129

2 023

Living cost

142

Free-cash

1 944

1 995

1 987

1 881

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

$738

$998

$674

$646

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

2 500

health

134

income

900

pensions

127

total

1 161

Employee

1 005

925

2 299

income

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

151

439

pensions

127

health

125

121

134

total

403

399

700

Employer

1 005

925

2 299

pensions

health

unemployment

total

176

161

201

Corporate

1 320

1 413

income

264

283

total

264

283

Dividends

1 056

1 130

withholding

158

170

income

224

240

total

382

410

Income

2 500

Total tax

1 225

1 253

901

1 161

After tax

1 275

1 247

1 599

1 339

Living cost

601

Free-cash

674

646

998

738

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

$1226

$1114

$1368

$1461

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

2 500

social contributions

374

health

337

income

268

solidarity contribution

total

1 014

Employee

383

1 999

income

247

solidarity contribution

social contributions

health

270

total

123

625

Employer

383

1 999

health

180

social contributions

321

total

130

501

Corporate

1 987

2 500

income

378

475

total

378

475

Dividends

1 610

2 025

withholding

241

304

total

241

304

Income

2 500

Total tax

872

779

1 126

1 014

After tax

1 628

1 721

1 374

1 486

Living cost

260

Free-cash

1 368

1 461

1 114

1 226

Estimated living cost is $260 per week

$181

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.

$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

$752

$660

$820

$876

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

2 500

social contributions

542

municipal

national

701

regional

total

1 291

Employee

963

2 500

national

167

629

social contributions

325

711

municipal

regional

total

506

1 383

Employer

963

2 500

total

Corporate

1 537

2 500

nationa

369

600

municipal

total

429

698

Dividends

1 108

1 802

withholding

288

469

total

288

469

Income

2 500

Total tax

1 223

1 167

1 383

1 291

After tax

1 277

1 333

1 117

1 209

Living cost

457

Free-cash

820

876

660

752

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

$937

$869

$1301

$1333

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

2 500

other

unemployment

health

103

income

795

surtax

135

pensions

289

total

1 324

Employee

358

2 196

income

731

pensions

unemployment

101

health

other

surtax

122

total

119

1 087

Employer

358

2 196

pensions

193

other

health

unemployment

total

305

Corporate

2 066

2 500

income

537

650

total

537

650

Dividends

1 529

1 850

withholding

229

278

total

229

278

Income

2 500

Total tax

960

928

1 392

1 324

After tax

1 540

1 572

1 108

1 176

Living cost

239

Free-cash

1 301

1 333

869

937

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

$1116

$894

$1148

$1076

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

2 500

income

776

pensions

110

total

886

Employee

691

2 179

income

124

627

pensions

131

health

total

193

787

Employer

691

2 179

pensions

280

health

total

321

Corporate

1 721

2 500

income

327

475

total

327

475

Dividends

1 394

2 025

withholding

246

451

total

246

451

Income

2 500

Total tax

854

926

1 108

886

After tax

1 646

1 574

1 392

1 614

Living cost

498

Free-cash

1 148

1 076

894

1 116

Estimated living cost is $498 per week

$373

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

$1158

$1071

$675

$323

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

2 500

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.

health

city

national

regional

142

pensions

230

total

523

Employee

958

2 252

pensions

173

national

unemployment

city

health

regional

128

total

129

387

Employer

958

2 252

pensions

173

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.

health

unemployment

total

102

223

Corporate

1 429

2 500

regional

302

529

national

121

213

total

423

742

Dividends

1 005

1 759

withholding

352

616

total

352

616

Income

2 500

Total tax

1 006

1 358

610

523

After tax

1 494

1 142

1 890

1 977

Living cost

819

Free-cash

675

323

1 071

1 158

Estimated living cost is $819 per week

$533

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

$704

$1046

$914

$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

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

2 500

trade

342

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.

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.

838

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

1 300

Employee

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

651

2 500

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.

838

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.

total

155

958

Employer

total

Corporate

1 849

2 500

trade

317

429

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

277

375

chamber of commerce

total

613

830

Dividends

1 235

1 670

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

305

414

total

322

437

Income

2 500

Total tax

1 090

1 267

958

1 300

After tax

1 410

1 233

1 542

1 200

Living cost

496

Free-cash

914

737

1 046

704

Estimated living cost is $496 per week

$363

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

$993

$915

$955

$889

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

2 500

other

social contributions

health

124

income

475

surtax

pensions

389

total

1 136

Employee

464

1 904

income

419

pensions

145

social contributions

surtax

total

618

Employer

464

1 904

pensions

242

other

health

191

unemployment

social contributions

total

144

596

Corporate

1 891

2 500

surtax

income

530

700

total

530

700

Dividends

1 362

1 800

surtax

social contributions

234

310

withholding

174

230

total

408

540

Income

2 500

Total tax

1 174

1 240

1 214

1 136

After tax

1 326

1 260

1 286

1 364

Living cost

371

Free-cash

955

889

915

993

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.

$101

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Marseille , France

$1030

$952

$987

$926

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

2 500

other

social contributions

health

124

income

475

surtax

pensions

389

total

1 136

Employee

414

1 904

income

419

pensions

145

social contributions

surtax

total

618

Employer

414

1 904

pensions

242

other

health

191

unemployment

social contributions

total

129

596

Corporate

1 957

2 500

surtax

income

548

700

total

548

700

Dividends

1 409

1 800

surtax

social contributions

242

310

withholding

180

230

total

422

540

Income

2 500

Total tax

1 179

1 240

1 214

1 136

After tax

1 321

1 260

1 286

1 364

Living cost

334

Free-cash

987

926

952

1 030

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

$1376

$1307

$1300

$1295

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

2 500

social contributions

345

health

174

income

375

total

894

Employee

367

2 500

income

444

social contributions

345

health

174

total

138

963

Employer

367

2 500

total

Corporate

2 133

2 500

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%.

107

125

total

107

125

Dividends

2 026

2 375

social contributions

280

328

health

141

166

withholding

304

356

total

725

850

Income

2 500

Total tax

970

975

963

894

After tax

1 530

1 525

1 537

1 606

Living cost

230

Free-cash

1 300

1 295

1 307

1 376

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

$898

$273

$981

$996

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

2 500

chamber of commerce

unemployment

health

income

811

surtax

pensions

234

total

1 220

Employee

541

432

2 075

income

682

pensions

130

unemployment

health

other

total

159

110

912

Employer

541

432

2 075

pensions

159

other

accident

health

payroll

chamber of commerce

unemployment

surtax

total

157

127

425

Corporate

1 801

1 942

2 033

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.

450

485

508

total

450

485

508

Dividends

1 350

1 456

withholding

371

400

total

371

400

Income

2 500

Total tax

1 137

1 122

1 845

1 220

After tax

1 363

1 378

655

1 280

Living cost

382

Free-cash

981

996

273

898

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

$693

$452

$840

$973

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

2 500

social contributions

270

communal

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

134

national

1 008

total

1 412

Employee

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

775

1 936

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.

145

national

238

735

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.

communal

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

101

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.

total

379

1 089

Employer

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

775

1 936

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.

172

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.

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.

119

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

220

total

226

564

Corporate

1 499

2 500

surtax

income

300

540

total

306

551

Dividends

1 193

1 949

withholding

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

354

581

total

354

581

Income

2 500

Total tax

1 265

1 132

1 653

1 412

After tax

1 235

1 368

847

1 088

Living cost

395

Free-cash

840

973

452

693

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

$1006

$960

$1194

$1268

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

2 500

other

unemployment

accident

income

802

pensions

284

total

1 103

Employee

539

2 180

income

114

765

pensions

unemployment

other

total

148

829

Employer

539

2 180

pensions

127

237

other

accident

unemployment

total

172

320

Corporate

1 789

2 500

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.

268

375

total

268

375

Dividends

1 520

2 125

withholding

327

466

total

327

466

Income

2 500

Total tax

915

841

1 149

1 103

After tax

1 585

1 659

1 351

1 397

Living cost

391

Free-cash

1 194

1 268

960

1 006

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

$580

$680

$672

$822

S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

2 500

accident

health

176

income

477

communal

158

surtax

124

pensions

375

total

1 331

Employee

821

2 233

income

549

pensions

179

health

surtax

137

total

232

964

Employer

821

2 233

pensions

179

accident

health

total

267

Corporate

1 581

2 500

communal

107

169

surtax

income

237

375

total

361

570

Dividends

1 221

1 930

withholding

183

289

income

365

230

total

548

519

Income

2 500

Total tax

1 239

1 089

1 231

1 331

After tax

1 261

1 411

1 269

1 169

Living cost

589

Free-cash

672

822

680

580

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

$933

$865

$1296

$1329

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

2 500

other

unemployment

health

103

income

795

surtax

135

pensions

289

total

1 324

Employee

365

2 196

income

731

pensions

unemployment

101

health

other

surtax

122

total

120

1 087

Employer

365

2 196

pensions

193

other

health

unemployment

total

305

Corporate

2 058

2 500

income

535

650

total

535

650

Dividends

1 523

1 850

withholding

228

278

total

228

278

Income

2 500

Total tax

961

928

1 392

1 324

After tax

1 539

1 572

1 108

1 176

Living cost

243

Free-cash

1 296

1 329

865

933

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

$909

$818

$998

$1022

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

2 500

social contributions

542

municipal

national

701

regional

total

1 299

Employee

601

2 500

national

629

social contributions

203

711

municipal

regional

total

309

1 390

Employer

601

2 500

total

Corporate

1 899

2 500

nationa

456

600

municipal

124

total

550

724

Dividends

1 349

1 776

withholding

351

462

total

351

462

Income

2 500

Total tax

1 210

1 186

1 390

1 299

After tax

1 290

1 314

1 110

1 201

Living cost

292

Free-cash

998

1 022

818

909

Estimated living cost is $292 per week

$182

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

$1165

$1053

$1285

$1400

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

2 500

social contributions

374

health

337

income

268

solidarity contribution

total

1 014

Employee

472

1 999

income

247

solidarity contribution

social contributions

health

270

total

152

625

Employer

472

1 999

health

180

social contributions

118

321

total

160

501

Corporate

1 868

2 500

income

355

475

total

355

475

Dividends

1 513

2 025

withholding

227

304

total

227

304

Income

2 500

Total tax

894

779

1 126

1 014

After tax

1 606

1 721

1 374

1 486

Living cost

321

Free-cash

1 285

1 400

1 053

1 165

Estimated living cost is $321 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

$936

$309

$1028

$1032

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

2 500

chamber of commerce

unemployment

health

income

811

surtax

pensions

234

total

1 218

Employee

474

432

2 077

income

683

pensions

130

unemployment

health

other

total

128

110

913

Employer

474

432

2 077

pensions

159

other

accident

health

payroll

chamber of commerce

unemployment

surtax

total

135

125

423

Corporate

1 890

1 944

2 035

income

473

486

509

total

473

486

509

Dividends

1 418

1 458

withholding

390

401

total

390

401

Income

2 500

Total tax

1 126

1 122

1 845

1 218

After tax

1 374

1 378

655

1 282

Living cost

346

Free-cash

1 028

1 032

309

936

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

$2323

$1848

$2195

$2223

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%.

2 500

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

2 500

income

500

total

500

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%.

2 310

2 500

total

Dividends

2 310

2 500

withholding

115

125

total

115

125

Income

2 500

Total tax

153

125

500

After tax

2 347

2 375

2 000

2 475

Living cost

152

Free-cash

2 195

2 223

1 848

2 323

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

$862

$810

$1340

$1430

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.

2 500

unemployment

health

246

income

640

pensions

457

total

1 347

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

2 163

income

585

pensions

335

unemployment

health

140

total

189

1 063

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

2 163

pensions

191

health

144

unemployment

total

336

Corporate

1 946

2 500

income

370

475

total

370

475

Dividends

1 576

2 025

withholding

236

304

total

236

304

Income

2 500

Total tax

869

779

1 399

1 347

After tax

1 631

1 721

1 101

1 153

Living cost

291

Free-cash

1 340

1 430

810

862

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

$1262

$1892

$541

$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

2 500

social contributions

285

income

487

total

772

Employee

669

income

148

social contributions

total

203

Employer

669

social contributions

943

134

total

943

134

Corporate

888

2 500

income

195

550

total

195

550

Dividends

693

1 950

income

152

429

total

152

429

Income

2 500

Total tax

1 493

979

142

772

After tax

1 007

1 521

2 358

1 728

Living cost

466

Free-cash

541

1 055

1 892

1 262

Estimated living cost is $466 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

$961

$763

$1071

$1082

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.

2 500

social contributions

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

869

income

330

surtax

total

1 199

Employee

498

2 020

income

104

691

social contributions

222

surtax

total

159

917

Employer

498

2 020

social contributions

118

480

total

118

480

Corporate

1 883

2 500

surtax

income

395

525

total

395

525

Dividends

1 488

1 975

withholding

417

553

total

417

553

Income

2 500

Total tax

1 089

1 078

1 397

1 199

After tax

1 411

1 422

1 103

1 301

Living cost

340

Free-cash

1 071

1 082

763

961

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

$841

$763

$813

$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

2 500

other

social contributions

health

124

income

475

surtax

pensions

389

total

1 136

Employee

679

1 904

income

419

pensions

145

social contributions

surtax

total

155

618

Employer

679

1 904

pensions

112

242

other

health

191

unemployment

social contributions

total

211

596

Corporate

1 609

2 500

surtax

income

451

700

total

451

700

Dividends

1 159

1 800

surtax

social contributions

199

310

withholding

148

230

total

347

540

Income

2 500

Total tax

1 164

1 240

1 214

1 136

After tax

1 336

1 260

1 286

1 364

Living cost

523

Free-cash

813

737

763

841

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

$1495

$1560

$1887

$1924

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

2 500

social contributions

550

income

129

total

679

Employee

348

2 164

social contributions

141

income

137

total

278

Employer

348

2 164

social contributions

336

total

336

Corporate

2 098

2 500

income

210

250

total

210

250

Dividends

1 888

2 250

total

Income

2 500

Total tax

287

250

614

679

After tax

2 213

2 250

1 886

1 821

Living cost

326

Free-cash

1 887

1 924

1 560

1 495

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

$919

$139

$80

$139

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

2 500

municipal

538

national

313

labour market

199

pensions

total

1 059

Employee

2 203

labour market

176

pensions

national

269

municipal

469

total

917

Employer

2 203

pensions

municipal

470

national

270

labour market

176

total

922

Corporate

138

income

total

Dividends

108

withholding

total

Income

2 500

Total tax

1 898

1 839

1 059

After tax

602

661

1 441

Living cost

522

Free-cash

139

919

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

$1472

$1145

$168

-$32

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

2 500

other

accident

health

income

718

pensions

total

794

Employee

368

2 287

income

564

pensions

health

262

total

133

908

Employer

368

2 287

pensions

119

accident

unemployment

total

213

Corporate

2 057

2 500

income

1 851

2 250

total

1 851

2 250

Dividends

206

250

withholding

total

Income

2 500

Total tax

2 098

2 298

1 121

794

After tax

402

202

1 379

1 706

Living cost

234

Free-cash

168

-32

1 145

1 472

Estimated living cost is $234 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

$1110

$824

$1148

$1114

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

2 500

municipal

444

health

national

496

total

974

Employee

570

2 103

pensions

142

national

319

municipal

342

unemployment

health

total

153

863

Employer

570

2 103

pensions

365

accident

health

unemployment

total

108

397

Corporate

1 822

2 500

income

364

500

total

364

500

Dividends

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

1 093

1 500

municipal

197

270

national

114

200

total

311

470

Income

2 500

Total tax

936

970

1 260

974

After tax

1 564

1 530

1 240

1 526

Living cost

416

Free-cash

1 148

1 114

824

1 110

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

$1428

$1408

$1511

$1572

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

2 500

social contributions

175

health

income

582

total

821

Employee

833

2 363

income

571

social contributions

health

total

129

160

704

Employer

833

2 363

health

social contributions

total

137

Corporate

2 082

1 582

income

260

198

total

260

198

Dividends

1 822

1 384

withholding

310

235

total

310

235

Income

2 500

Total tax

738

677

841

821

After tax

1 762

1 823

1 659

1 679

Living cost

251

Free-cash

1 511

1 572

1 408

1 428

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

$1961

$1744

$1844

$1898

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

2 500

unemployment

health

income

259

pensions

total

367

Employee

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

249

2 394

income

232

pensions

154

unemployment

health

total

478

Employer

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

249

2 394

pensions

health

unemployment

total

106

Corporate

2 226

2 500

income

200

225

total

200

225

Dividends

2 025

2 275

withholding

182

205

total

182

205

Income

2 500

Total tax

484

430

584

367

After tax

2 016

2 070

1 916

2 133

Living cost

172

Free-cash

1 844

1 898

1 744

1 961

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.

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Valencia , Spain

$1099

$1053

$1314

$1361

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

2 500

other

unemployment

accident

income

802

pensions

284

total

1 103

Employee

401

2 180

income

765

pensions

unemployment

other

total

102

829

Employer

401

2 180

pensions

237

other

accident

unemployment

total

128

320

Corporate

1 972

2 500

income

296

375

total

296

375

Dividends

1 676

2 125

withholding

362

466

total

362

466

Income

2 500

Total tax

888

841

1 149

1 103

After tax

1 612

1 659

1 351

1 397

Living cost

298

Free-cash

1 314

1 361

1 053

1 099

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

$1577

$1576

$1526

$1530

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

2 500

health

income

855

pensions

total

893

Employee

2 476

income

854

pensions

unemployment

health

total

870

Employer

2 476

pensions

health

unemployment

total

Corporate

2 445

2 500

income

538

550

total

538

550

Dividends

1 907

1 950

withholding

381

390

total

381

390

Income

2 500

Total tax

944

940

894

893

After tax

1 556

1 560

1 606

1 607

Living cost

Free-cash

1 526

1 530

1 576

1 577

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

$1431

$1565

$1619

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.

2 500

unemployment

health

income

580

pensions

208

total

882

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.

283

2 357

income

580

pensions

112

unemployment

health

total

739

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.

283

2 357

pensions

health

unemployment

total

143

Corporate

2 167

2 500

income

325

375

total

325

375

Dividends

1 842

2 125

withholding

276

319

total

276

319

Income

2 500

Total tax

748

694

882

After tax

1 752

1 806

1 618

Living cost

187

Free-cash

1 565

1 619

1 431

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.

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Porto , Portugal

$1009

$811

$1126

$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

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.

2 500

social contributions

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

869

income

330

surtax

total

1 199

Employee

421

2 020

income

691

social contributions

222

surtax

total

128

917

Employer

421

2 020

social contributions

100

480

total

100

480

Corporate

1 980

2 500

surtax

income

416

525

total

416

525

Dividends

1 564

1 975

withholding

438

553

total

438

553

Income

2 500

Total tax

1 082

1 078

1 397

1 199

After tax

1 418

1 422

1 103

1 301

Living cost

292

Free-cash

1 126

1 130

811

1 009

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

$1016

$970

$1208

$1278

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

2 500

other

unemployment

accident

income

802

pensions

284

total

1 103

Employee

523

2 180

income

109

765

pensions

unemployment

other

total

143

829

Employer

523

2 180

pensions

123

237

other

accident

unemployment

total

166

320

Corporate

1 810

2 500

income

271

375

total

271

375

Dividends

1 538

2 125

withholding

331

466

total

331

466

Income

2 500

Total tax

911

841

1 149

1 103

After tax

1 589

1 659

1 351

1 397

Living cost

381

Free-cash

1 208

1 278

970

1 016

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

$1837

$1943

$1886

$1951

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

2 500

unemployment

health

income

375

pensions

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

total

477

Employee

247

2 426

income

243

pensions

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

health

accident

We are using the highest rate at 1.1%.

total

297

Employer

247

2 426

pensions

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

accident

We are using the highest rate at 1.1%.

health

unemployment

total

Corporate

2 205

2 500

income

220

250

total

220

250

Dividends

1 984

2 250

withholding

113

total

113

Income

2 500

Total tax

428

363

371

477

After tax

2 072

2 137

2 129

2 023

Living cost

186

Free-cash

1 886

1 951

1 943

1 837

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

$838

$1124

$1010

$867

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.

2 500

trade

286

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.

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.

838

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

1 244

Employee

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

539

2 500

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.

838

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.

total

120

958

Employer

total

Corporate

1 961

2 500

trade

281

359

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

294

375

chamber of commerce

total

596

760

Dividends

1 365

1 740

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

337

431

total

356

455

Income

2 500

Total tax

1 072

1 215

958

1 244

After tax

1 428

1 285

1 542

1 256

Living cost

418

Free-cash

1 010

867

1 124

838

Estimated living cost is $418 per week

$289

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

$631

$1157

$1132

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

2 500

social contributions

431

income

821

total

1 252

Employee

848

2 500

social contributions

431

income

160

821

total

230

1 252

Employer

848

2 500

total

Corporate

1 652

2 500

income

207

313

total

207

313

Dividends

1 446

2 187

withholding

289

438

total

289

438

Income

2 500

Total tax

726

751

1 252

After tax

1 774

1 749

1 248

Living cost

617

Free-cash

1 157

1 132

631

Estimated living cost is $617 per week

$470

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

$1660

$1348

$1212

$1175

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.

2 500

health

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

income

375

total

447

Employee

497

2 450

social contributions

income

659

total

104

709

Employer

497

2 450

social contributions

total

Corporate

1 953

2 500

income

684

875

total

684

875

Dividends

1 270

1 625

social contributions

total

Income

2 500

Total tax

895

932

759

447

After tax

1 605

1 568

1 741

2 053

Living cost

393

Free-cash

1 212

1 175

1 348

1 660

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

$1209

$987

$1234

$1169

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

2 500

income

776

pensions

110

total

886

Employee

556

2 179

income

101

627

pensions

131

health

total

150

787

Employer

556

2 179

pensions

280

health

total

321

Corporate

1 878

2 500

income

357

475

total

357

475

Dividends

1 521

2 025

withholding

287

451

total

287

451

Income

2 500

Total tax

861

926

1 108

886

After tax

1 639

1 574

1 392

1 614

Living cost

405

Free-cash

1 234

1 169

987

1 209

Estimated living cost is $405 per week

$278

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

$1449

$1122

$163

-$55

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

2 500

other

accident

health

income

718

pensions

total

794

Employee

404

2 287

income

564

pensions

health

262

total

147

908

Employer

404

2 287

pensions

119

accident

unemployment

total

213

Corporate

2 013

2 500

income

1 812

2 250

total

1 812

2 250

Dividends

201

250

withholding

total

Income

2 500

Total tax

2 080

2 298

1 121

794

After tax

420

202

1 379

1 706

Living cost

257

Free-cash

163

-55

1 122

1 449

Estimated living cost is $257 per week

$189

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

$15

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

Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.

$48

I'm drinking at home rarely or never.

I do not smoke or smoke very rarely.

Adjust living cost Show details Source

Additional information

Skopje , Macedonia

$1456

$1696

$1734

$1766

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.

2 500

work injury

unemployment

income

421

health insurance

128

pensions

319

total

898

Employee

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

234

2 500

income

421

work injury

pensions

159

unemployment

health insurance

total

658

Employer

total

Corporate

2 266

2 500

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%.

227

250

total

227

250

Dividends

2 039

2 250

withholding

306

338

total

306

338

Income

2 500

Total tax

620

588

658

898

After tax

1 880

1 912

1 842

1 602

Living cost

146

Free-cash

1 734

1 766

1 696

1 456

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

$745

$656

$836

$885

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

2 500

social contributions

542

municipal

national

701

regional

total

1 323

Employee

913

2 500

national

154

629

social contributions

308

711

municipal

regional

total

481

1 412

Employer

913

2 500

total

Corporate

1 587

2 500

nationa

381

600

municipal

120

total

457

720

Dividends

1 130

1 780

withholding

294

463

total

294

463

Income

2 500

Total tax

1 232

1 183

1 412

1 323

After tax

1 268

1 317

1 088

1 177

Living cost

432

Free-cash

836

885

656

745

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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Estimated living cost

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Last time retrieved: [[ source.date ]]

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Estimated living cost

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Last time retrieved: [[ source.date ]]

My average income is &#36; 2500 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
$ 2500

per

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