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
₽ 156500
per

Your estimated
City
free-cash

Valencia , Spain
₽253
-₽19536
-₽30961
-₽17908
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
-
-
-
156 500
accident
-
-
-
1 408
unemployment
-
-
-
1 094
pensions
-
-
-
44 289
other
-
-
-
153
income
-
-
-
21 751
total
-
-
-
68 695
Employee
142 146
-
115 574
-
pensions
6 682
-
6 033
-
income
27 405
-
21 240
-
unemployment
2 203
-
1 992
-
other
139
-
131
-
total
36 429
-
29 396
-
Employer
142 146
-
115 574
-
other
1 138
-
1 029
-
unemployment
7 821
-
7 062
-
accident
2 816
-
2 539
-
pensions
33 544
-
30 297
-
total
45 319
-
40 927
-
Corporate
-
156 500
-
-
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.

-
23 476
-
-
total
-
23 476
-
-
Dividends
-
133 024
-
-
withholding
-
27 058
-
-
total
-
27 058
-
-
Income
156 500
156 500
156 500
156 500
Total tax
81 748
50 534
70 323
68 695
After tax
74 752
105 966
86 177
87 805
Living cost
105 713
105 713
105 713
105 713
Free-cash
-30 961
253
-19 536
-17 908

Estimated living cost  is ₽105713 per month

₽71355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽10162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1853
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.
₽22345
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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