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
₽ 132000
per

Your estimated
City
free-cash

Valencia , Spain
₽60614
₽55599
₽45710
₽40827
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
-
-
-
132 000
accident
-
-
-
848
income
-
-
-
30 099
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
58 350
Employee
37 569
-
101 977
-
other
37
-
94
-
income
7 243
-
27 230
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
33 211
-
Employer
37 569
-
101 977
-
accident
744
-
1 864
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 225
-
total
11 978
-
30 022
-
Corporate
82 454
132 000
-
-
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.

12 369
19 800
-
-
total
12 369
19 800
-
-
Dividends
70 085
112 200
-
-
withholding
14 486
23 646
-
-
total
14 486
23 646
-
-
Income
132 000
132 000
132 000
132 000
Total tax
48 461
43 446
63 233
58 350
After tax
83 539
88 554
68 767
73 650
Living cost
27 940
27 940
27 940
27 940
Free-cash
55 599
60 614
40 827
45 710

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
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.
₽5906
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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