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
£ 2300
per

Your estimated
City
free-cash

Valencia , Spain
£1002
£1281
£1039
£1243
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
-
-
-
2 300
other
-
-
-
1
accident
-
-
-
7
income
-
-
-
772
pensions
-
-
-
232
unemployment
-
-
-
6
total
-
-
-
1 018
Employee
327
-
2 039
-
income
63
-
741
-
other
-
-
1
-
pensions
15
-
39
-
unemployment
5
-
13
-
total
83
-
794
-
Employer
327
-
2 039
-
other
3
-
7
-
unemployment
18
-
45
-
accident
6
-
16
-
pensions
77
-
193
-
total
104
-
261
-
Corporate
1 869
2 300
-
-
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.

280
345
-
-
total
280
345
-
-
Dividends
1 589
1 955
-
-
withholding
347
431
-
-
total
347
431
-
-
Income
2 300
2 300
2 300
2 300
Total tax
814
776
1 055
1 018
After tax
1 486
1 524
1 245
1 282
Living cost
243
243
243
243
Free-cash
1 243
1 281
1 002
1 039

Estimated living cost  is £243 per week

£164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
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.
£51
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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