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
₽23570
₽52728
₽21846
₽31408
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
income
-
-
-
36 866
pensions
-
-
-
68 629
unemployment
-
-
-
1 701
accident
-
-
-
2 184
other
-
-
-
245
total
-
-
-
109 625
Employee
149 293
-
183 877
-
pensions
7 018
-
8 643
-
other
146
-
184
-
income
28 783
-
37 602
-
unemployment
2 314
-
2 850
-
total
38 261
-
49 279
-
Employer
149 293
-
183 877
-
accident
2 958
-
3 639
-
unemployment
8 214
-
10 114
-
other
1 195
-
1 471
-
pensions
35 230
-
43 398
-
total
47 597
-
58 622
-
Corporate
45 610
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.

6 842
36 372
-
-
total
6 842
36 372
-
-
Dividends
38 768
206 128
-
-
withholding
7 363
42 371
-
-
total
7 363
42 371
-
-
Income
242 500
242 500
242 500
242 500
Total tax
100 063
78 743
107 901
109 625
After tax
142 437
163 757
134 599
132 875
Living cost
111 029
111 029
111 029
111 029
Free-cash
31 408
52 728
23 570
21 846

Estimated living cost  is ₽111029 per month

₽74943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽10673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1946
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.
₽23469
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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