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
₽ 242500
per

Your estimated
City
free-cash

Valencia , Spain
₽49133
₽20408
₽18682
₽26974
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
-
-
-
242 500
accident
-
-
-
2 184
income
-
-
-
36 409
other
-
-
-
245
unemployment
-
-
-
1 701
pensions
-
-
-
68 624
total
-
-
-
109 163
Employee
154 170
-
183 885
-
other
150
-
182
-
unemployment
2 390
-
2 848
-
pensions
7 248
-
8 640
-
income
29 723
-
37 152
-
total
39 511
-
48 822
-
Employer
154 170
-
183 885
-
pensions
36 381
-
43 399
-
accident
3 054
-
3 640
-
unemployment
8 482
-
10 112
-
other
1 234
-
1 464
-
total
49 151
-
58 615
-
Corporate
39 179
242 500
-
-
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.

5 879
36 373
-
-
total
5 879
36 373
-
-
Dividends
33 300
206 127
-
-
withholding
6 330
42 339
-
-
total
6 330
42 339
-
-
Income
242 500
242 500
242 500
242 500
Total tax
100 871
78 712
107 437
109 163
After tax
141 629
163 788
135 063
133 337
Living cost
114 655
114 655
114 655
114 655
Free-cash
26 974
49 133
20 408
18 682

Estimated living cost  is ₽114655 per month

₽77391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽11022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽2010
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.
₽24235
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

Source of data for Valencia model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close