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
₽ 205000
per

Your estimated
City
free-cash

Valencia , Spain
₽27974
₽4797
₽3209
₽6110
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
-
-
-
205 000
accident
-
-
-
1 847
income
-
-
-
29 687
other
-
-
-
206
unemployment
-
-
-
1 435
pensions
-
-
-
58 015
total
-
-
-
91 190
Employee
148 718
-
155 442
-
other
145
-
153
-
unemployment
2 305
-
2 412
-
pensions
6 991
-
7 304
-
income
28 672
-
30 183
-
total
38 113
-
40 052
-
Employer
148 718
-
155 442
-
pensions
35 094
-
36 682
-
accident
2 946
-
3 076
-
unemployment
8 182
-
8 548
-
other
1 191
-
1 244
-
total
47 413
-
49 550
-
Corporate
8 869
205 000
-
-
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.

1 328
30 751
-
-
total
1 328
30 751
-
-
Dividends
7 541
174 249
-
-
withholding
1 435
35 674
-
-
total
1 435
35 674
-
-
Income
205 000
205 000
205 000
205 000
Total tax
88 289
66 425
89 602
91 190
After tax
116 711
138 575
115 398
113 810
Living cost
110 601
110 601
110 601
110 601
Free-cash
6 110
27 974
4 797
3 209

Estimated living cost  is ₽110601 per month

₽74654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽10632
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.
₽23378
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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