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
₽ 131500
per

Your estimated
City
free-cash

Valencia , Spain
-₽31871
-₽57181
-₽39900
-₽17219
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
-
-
-
131 500
other
-
-
-
132
pensions
-
-
-
37 213
income
-
-
-
17 524
accident
-
-
-
1 182
unemployment
-
-
-
918
total
-
-
-
56 969
Employee
143 072
-
90 307
-
pensions
6 726
-
6 072
-
income
27 583
-
15 596
-
other
140
-
132
-
unemployment
2 218
-
2 005
-
total
36 667
-
23 805
-
Employer
143 072
-
90 307
-
pensions
33 762
-
30 495
-
other
1 145
-
1 035
-
unemployment
7 871
-
7 108
-
accident
2 834
-
2 555
-
total
45 612
-
41 193
-
Corporate
-
131 500
-
-
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.

-
19 723
-
-
total
-
19 723
-
-
Dividends
-
111 777
-
-
withholding
-
22 594
-
-
total
-
22 594
-
-
Income
131 500
131 500
131 500
131 500
Total tax
82 279
42 317
64 998
56 969
After tax
49 221
89 183
66 502
74 531
Living cost
106 402
106 402
106 402
106 402
Free-cash
-57 181
-17 219
-39 900
-31 871

Estimated living cost  is ₽106402 per month

₽71820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽10229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1865
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.
₽22491
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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