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
₽ 219500
per

Your estimated
City
free-cash

Valencia , Spain
₽29153
₽4349
₽2663
₽5568
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
-
-
-
219 500
accident
-
-
-
1 975
income
-
-
-
31 755
other
-
-
-
222
unemployment
-
-
-
1 539
pensions
-
-
-
62 120
total
-
-
-
97 611
Employee
160 316
-
166 439
-
other
156
-
165
-
unemployment
2 485
-
2 584
-
pensions
7 537
-
7 825
-
income
30 908
-
32 290
-
total
41 086
-
42 864
-
Employer
160 316
-
166 439
-
pensions
37 831
-
39 279
-
accident
3 176
-
3 299
-
unemployment
8 820
-
9 158
-
other
1 284
-
1 325
-
total
51 111
-
53 061
-
Corporate
8 073
219 500
-
-
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.

1 209
32 928
-
-
total
1 209
32 928
-
-
Dividends
6 864
186 572
-
-
withholding
1 300
38 193
-
-
total
1 300
38 193
-
-
Income
219 500
219 500
219 500
219 500
Total tax
94 706
71 121
95 925
97 611
After tax
124 794
148 379
123 575
121 889
Living cost
119 226
119 226
119 226
119 226
Free-cash
5 568
29 153
4 349
2 663

Estimated living cost  is ₽119226 per month

₽80476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽11461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽2090
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.
₽25202
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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