Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
£ 2250
per

Your estimated
City
free-cash

Valencia , Spain
£485
£288
£199
£215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 250
accident
-
-
-
20
income
-
-
-
342
pensions
-
-
-
637
other
-
-
-
2
unemployment
-
-
-
16
total
-
-
-
1 017
Employee
1 390
-
1 706
-
other
1
-
2
-
income
268
-
348
-
pensions
65
-
80
-
unemployment
22
-
26
-
total
356
-
456
-
Employer
1 390
-
1 706
-
accident
28
-
34
-
other
11
-
14
-
unemployment
76
-
94
-
pensions
328
-
403
-
total
443
-
545
-
Corporate
417
2 250
-
-
income

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

62
338
-
-
total
62
338
-
-
Dividends
354
1 912
-
-
withholding
67
393
-
-
total
67
393
-
-
Income
2 250
2 250
2 250
2 250
Total tax
928
731
1 001
1 017
After tax
1 322
1 519
1 249
1 233
Living cost
1 034
1 034
1 034
1 034
Free-cash
288
485
215
199

Estimated living cost  is £1034 per month

£698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£99
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£18
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.
£219
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.
Adjust living cost Show details Source
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Additional information

Source

[[ row[2] ]] [[ row[0] ]]

Additional information

Source