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
-₽28814
-₽6779
-₽24696
-₽43525
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
other
-
-
-
156
accident
-
-
-
1 409
income
-
-
-
21 442
pensions
-
-
-
44 292
unemployment
-
-
-
1 098
total
-
-
-
68 397
Employee
151 673
-
112 831
-
income
29 241
-
20 142
-
other
148
-
140
-
pensions
7 130
-
6 438
-
unemployment
2 351
-
2 125
-
total
38 870
-
28 845
-
Employer
151 673
-
112 831
-
other
1 214
-
1 098
-
unemployment
8 345
-
7 535
-
accident
3 005
-
2 709
-
pensions
35 792
-
32 328
-
total
48 356
-
43 670
-
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.

-
23 477
-
-
total
-
23 477
-
-
Dividends
-
133 023
-
-
withholding
-
27 003
-
-
total
-
27 003
-
-
Income
156 500
156 500
156 500
156 500
Total tax
87 226
50 480
72 515
68 397
After tax
69 274
106 020
83 985
88 103
Living cost
112 799
112 799
112 799
112 799
Free-cash
-43 525
-6 779
-28 814
-24 696

Estimated living cost  is ₽112799 per month

₽76137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽10843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1977
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.
₽23843
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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