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
₽ 220500

per

Your estimated

Best value All models

City

free-cash

Valencia , Spain

₽29371

₽5687

₽2754

₽4464

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

220 500

accident

1 982

income

31 903

pensions

62 403

other

223

unemployment

1 545

total

98 056

Employee

160 940

167 208

other

157

165

income

31 028

32 440

pensions

7 566

7 855

unemployment

2 494

2 594

total

41 245

43 054

Employer

160 940

167 208

accident

3 188

3 312

other

1 289

1 330

unemployment

8 854

9 193

pensions

37 978

39 457

total

51 309

53 292

Corporate

8 251

220 500

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.

1 239

33 072

total

1 239

33 072

Dividends

7 012

187 428

withholding

1 330

38 367

total

1 330

38 367

Income

220 500

Total tax

95 123

71 439

96 346

98 056

After tax

125 377

149 061

124 154

122 444

Living cost

119 690

Free-cash

5 687

29 371

4 464

2 754

Estimated living cost is ₽119690 per month

₽80789

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

₽11506

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

₽2098

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.

₽25300

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.

Adjust living cost Show details Source