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
₽ 172500
per

Your estimated
City
free-cash

Valencia , Spain
-₽13811
₽6126
-₽14102
-₽23676
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
-
-
-
172 500
other
-
-
-
176
accident
-
-
-
1 550
income
-
-
-
24 228
pensions
-
-
-
48 814
unemployment
-
-
-
1 206
total
-
-
-
75 974
Employee
148 754
-
129 671
-
income
28 679
-
24 319
-
other
145
-
137
-
pensions
6 993
-
6 314
-
unemployment
2 306
-
2 084
-
total
38 123
-
32 854
-
Employer
148 754
-
129 671
-
other
1 191
-
1 076
-
unemployment
8 184
-
7 390
-
accident
2 947
-
2 657
-
pensions
35 103
-
31 706
-
total
47 425
-
42 829
-
Corporate
-
172 500
-
-
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.

-
25 873
-
-
total
-
25 873
-
-
Dividends
-
146 627
-
-
withholding
-
29 873
-
-
total
-
29 873
-
-
Income
172 500
172 500
172 500
172 500
Total tax
85 548
55 746
75 683
75 974
After tax
86 952
116 754
96 817
96 526
Living cost
110 628
110 628
110 628
110 628
Free-cash
-23 676
6 126
-13 811
-14 102

Estimated living cost  is ₽110628 per month

₽74672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽10635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1939
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.
₽23384
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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