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
₽ 216500

per

Your estimated

Best value All models

City

free-cash

Valencia , Spain

₽28451

₽4013

₽2345

₽5111

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

216 500

accident

1 945

income

31 305

other

220

unemployment

1 513

pensions

61 268

total

96 251

Employee

158 537

164 158

other

155

163

unemployment

2 457

2 547

pensions

7 453

7 713

income

30 565

31 834

total

40 630

42 257

Employer

158 537

164 158

pensions

37 412

38 738

accident

3 141

3 246

unemployment

8 722

9 032

other

1 269

1 310

total

50 544

52 326

Corporate

7 419

216 500

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.

1 115

32 473

total

1 115

32 473

Dividends

6 304

184 027

withholding

1 196

37 672

total

1 196

37 672

Income

216 500

Total tax

93 485

70 145

94 583

96 251

After tax

123 015

146 355

121 917

120 249

Living cost

117 904

Free-cash

5 111

28 451

4 013

2 345

Estimated living cost is ₽117904 per month

₽79583

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

₽11334

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

₽2067

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.

₽24922

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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