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
₽ 240500
per

Your estimated
City
free-cash

Valencia , Spain
₽16854
₽44880
₽15142
₽22024
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
-
-
-
240 500
pensions
-
-
-
68 059
accident
-
-
-
2 167
unemployment
-
-
-
1 680
other
-
-
-
243
income
-
-
-
35 620
total
-
-
-
107 769
Employee
158 114
-
182 358
-
unemployment
2 451
-
2 824
-
pensions
7 433
-
8 569
-
other
154
-
179
-
income
30 483
-
36 350
-
total
40 521
-
47 922
-
Employer
158 114
-
182 358
-
pensions
37 312
-
43 033
-
other
1 266
-
1 461
-
unemployment
8 699
-
10 030
-
accident
3 132
-
3 611
-
total
50 409
-
58 135
-
Corporate
31 977
240 500
-
-
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.

4 796
36 078
-
-
total
4 796
36 078
-
-
Dividends
27 181
204 422
-
-
withholding
5 161
41 953
-
-
total
5 161
41 953
-
-
Income
240 500
240 500
240 500
240 500
Total tax
100 887
78 031
106 057
107 769
After tax
139 613
162 469
134 443
132 731
Living cost
117 589
117 589
117 589
117 589
Free-cash
22 024
44 880
16 854
15 142

Estimated living cost  is ₽117589 per month

₽79371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽11304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽2061
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.
₽24856
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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Source of data for Valencia model

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Estimated living cost

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