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
₽ 204500
per

Your estimated
City
free-cash

Valencia , Spain
-₽5239
-₽3660
-₽6784
₽19161
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
-
-
-
204 500
other
-
-
-
206
unemployment
-
-
-
1 431
accident
-
-
-
1 842
income
-
-
-
29 235
pensions
-
-
-
57 877
total
-
-
-
90 591
Employee
160 211
-
155 067
-
income
30 887
-
29 736
-
pensions
7 532
-
7 285
-
unemployment
2 483
-
2 401
-
other
156
-
156
-
total
41 058
-
39 578
-
Employer
160 211
-
155 067
-
pensions
37 807
-
36 598
-
other
1 283
-
1 242
-
accident
3 174
-
3 067
-
unemployment
8 814
-
8 527
-
total
51 078
-
49 434
-
Corporate
-
204 500
-
-
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.

-
30 678
-
-
total
-
30 678
-
-
Dividends
-
173 822
-
-
withholding
-
35 513
-
-
total
-
35 513
-
-
Income
204 500
204 500
204 500
204 500
Total tax
92 136
66 191
89 012
90 591
After tax
112 364
138 309
115 488
113 909
Living cost
119 148
119 148
119 148
119 148
Free-cash
-6 784
19 161
-3 660
-5 239

Estimated living cost  is ₽119148 per month

₽80423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽11454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽2088
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.
₽25185
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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