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
₽ 235500
per

Your estimated
City
free-cash

Valencia , Spain
₽24207
₽18391
₽46089
₽16721
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
-
-
-
235 500
accident
-
-
-
2 121
income
-
-
-
35 152
pensions
-
-
-
66 647
other
-
-
-
234
unemployment
-
-
-
1 645
total
-
-
-
105 799
Employee
151 917
-
178 576
-
unemployment
2 355
-
2 768
-
pensions
7 142
-
8 389
-
income
29 288
-
35 869
-
other
148
-
179
-
total
38 933
-
47 205
-
Employer
151 917
-
178 576
-
pensions
35 849
-
42 141
-
other
1 216
-
1 427
-
unemployment
8 358
-
9 824
-
accident
3 010
-
3 532
-
total
48 433
-
56 924
-
Corporate
35 149
235 500
-
-
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.

5 271
35 327
-
-
total
5 271
35 327
-
-
Dividends
29 879
200 173
-
-
withholding
5 676
41 104
-
-
total
5 676
41 104
-
-
Income
235 500
235 500
235 500
235 500
Total tax
98 313
76 431
104 129
105 799
After tax
137 187
159 069
131 371
129 701
Living cost
112 980
112 980
112 980
112 980
Free-cash
24 207
46 089
18 391
16 721

Estimated living cost  is ₽112980 per month

₽76260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽10861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1980
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.
₽23881
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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