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
₽ 199500
per

Your estimated
City
free-cash

Valencia , Spain
₽12094
₽10675
₽15629
₽35091
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
-
-
-
199 500
other
-
-
-
200
unemployment
-
-
-
1 397
pensions
-
-
-
56 460
income
-
-
-
29 272
accident
-
-
-
1 796
total
-
-
-
89 125
Employee
134 060
-
151 276
-
pensions
6 302
-
7 107
-
income
25 846
-
29 878
-
unemployment
2 078
-
2 346
-
other
131
-
151
-
total
34 357
-
39 482
-
Employer
134 060
-
151 276
-
other
1 073
-
1 211
-
accident
2 656
-
2 993
-
pensions
31 636
-
35 702
-
unemployment
7 376
-
8 318
-
total
42 741
-
48 224
-
Corporate
22 699
199 500
-
-
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.

3 406
29 922
-
-
total
3 406
29 922
-
-
Dividends
19 294
169 578
-
-
withholding
3 667
34 787
-
-
total
3 667
34 787
-
-
Income
199 500
199 500
199 500
199 500
Total tax
84 171
64 709
87 706
89 125
After tax
115 329
134 791
111 794
110 375
Living cost
99 700
99 700
99 700
99 700
Free-cash
15 629
35 091
12 094
10 675

Estimated living cost  is ₽99700 per month

₽67296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽9584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1748
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.
₽21074
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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