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
£ 2000
per

Your estimated
City
free-cash

Valencia , Spain
£79
£62
£288
£46
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
-
-
-
2 000
accident
-
-
-
18
income
-
-
-
290
pensions
-
-
-
566
other
-
-
-
2
unemployment
-
-
-
14
total
-
-
-
890
Employee
1 431
-
1 517
-
unemployment
22
-
23
-
pensions
67
-
71
-
income
276
-
295
-
other
1
-
2
-
total
366
-
391
-
Employer
1 431
-
1 517
-
pensions
338
-
358
-
other
11
-
12
-
unemployment
79
-
83
-
accident
28
-
30
-
total
456
-
483
-
Corporate
113
2 000
-
-
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.

17
300
-
-
total
17
300
-
-
Dividends
96
1 700
-
-
withholding
18
348
-
-
total
18
348
-
-
Income
2 000
2 000
2 000
2 000
Total tax
857
648
874
890
After tax
1 143
1 352
1 126
1 110
Living cost
1 064
1 064
1 064
1 064
Free-cash
79
288
62
46

Estimated living cost  is £1064 per month

£718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£19
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.
£225
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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