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
₽ 124000
per

Your estimated
City
free-cash

Valencia , Spain
-₽39619
-₽31478
-₽56487
-₽17669
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
-
-
-
124 000
other
-
-
-
126
unemployment
-
-
-
871
pensions
-
-
-
35 091
income
-
-
-
16 492
accident
-
-
-
1 117
total
-
-
-
53 697
Employee
136 859
-
84 596
-
pensions
6 434
-
5 809
-
income
26 385
-
14 582
-
unemployment
2 121
-
1 918
-
other
133
-
126
-
total
35 073
-
22 435
-
Employer
136 859
-
84 596
-
other
1 096
-
990
-
accident
2 711
-
2 444
-
pensions
32 296
-
29 170
-
unemployment
7 530
-
6 799
-
total
43 633
-
39 403
-
Corporate
-
124 000
-
-
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.

-
18 599
-
-
total
-
18 599
-
-
Dividends
-
105 401
-
-
withholding
-
21 289
-
-
total
-
21 289
-
-
Income
124 000
124 000
124 000
124 000
Total tax
78 706
39 888
61 838
53 697
After tax
45 294
84 112
62 162
70 303
Living cost
101 781
101 781
101 781
101 781
Free-cash
-56 487
-17 669
-39 619
-31 478

Estimated living cost  is ₽101781 per month

₽68701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽9784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1784
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.
₽21514
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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