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
₽14448
₽12738
₽42156
₽18665
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
accident
-
-
-
2 167
income
-
-
-
35 265
unemployment
-
-
-
1 686
other
-
-
-
241
pensions
-
-
-
68 064
total
-
-
-
107 423
Employee
161 813
-
182 360
-
income
31 196
-
35 996
-
pensions
7 607
-
8 570
-
unemployment
2 508
-
2 824
-
other
158
-
183
-
total
41 469
-
47 573
-
Employer
161 813
-
182 360
-
other
1 296
-
1 462
-
unemployment
8 903
-
10 032
-
pensions
38 184
-
43 034
-
accident
3 206
-
3 612
-
total
51 589
-
58 140
-
Corporate
27 099
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.

4 061
36 075
-
-
total
4 061
36 075
-
-
Dividends
23 038
204 425
-
-
withholding
4 377
41 930
-
-
total
4 377
41 930
-
-
Income
240 500
240 500
240 500
240 500
Total tax
101 496
78 005
105 713
107 423
After tax
139 004
162 495
134 787
133 077
Living cost
120 339
120 339
120 339
120 339
Free-cash
18 665
42 156
14 448
12 738

Estimated living cost  is ₽120339 per month

₽81227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽11568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽2109
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.
₽25437
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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