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
₽ 690500

per

Your estimated

Best value All models

City

free-cash

Reykjavik , Iceland

₽52461

₽68561

₽51442

₽46023

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

690 500

pensions

82 860

municipal

75 260

national

116 623

social contributions

7 423

total

282 166

Employee

577 009

596 931

pensions

23 080

23 877

national

116 462

120 765

municipal

75 157

77 934

total

214 699

222 576

Employer

577 009

596 931

pensions

46 161

47 754

social contributions

6 203

6 417

total

52 364

54 171

Corporate

23 045

690 500

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%.

4 609

138 100

total

4 609

138 100

Dividends

18 436

552 400

withholding

4 056

121 528

total

4 056

121 528

Income

690 500

Total tax

275 728

259 628

276 747

282 166

After tax

414 772

430 872

413 753

408 334

Living cost

362 311

Free-cash

52 461

68 561

51 442

46 023

Estimated living cost is ₽362311 per month

₽225027

Rent. Two to three bedrooms at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.

₽39841

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

₽6415

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.

₽91028

Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.

₽0

I'm drinking at home rarely or never.

₽0

I do not smoke or smoke very rarely.

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Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.