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
₽ 165500
per

Your estimated
City
free-cash

Valencia , Spain
-₽29507
₽2073
-₽18269
-₽17206
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
-
-
-
165 500
other
-
-
-
167
unemployment
-
-
-
1 161
income
-
-
-
23 082
pensions
-
-
-
46 839
accident
-
-
-
1 487
total
-
-
-
72 736
Employee
147 869
-
122 926
-
unemployment
2 292
-
2 072
-
other
144
-
137
-
pensions
6 951
-
6 276
-
income
28 508
-
22 740
-
total
37 895
-
31 225
-
Employer
147 869
-
122 926
-
other
1 184
-
1 070
-
accident
2 929
-
2 641
-
pensions
34 894
-
31 517
-
unemployment
8 135
-
7 346
-
total
47 142
-
42 574
-
Corporate
-
165 500
-
-
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.

-
24 824
-
-
total
-
24 824
-
-
Dividends
-
140 676
-
-
withholding
-
28 633
-
-
total
-
28 633
-
-
Income
165 500
165 500
165 500
165 500
Total tax
85 037
53 457
73 799
72 736
After tax
80 463
112 043
91 701
92 764
Living cost
109 970
109 970
109 970
109 970
Free-cash
-29 507
2 073
-18 269
-17 206

Estimated living cost  is ₽109970 per month

₽74228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽10571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1928
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.
₽23245
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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