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
₽ 244500
per

Your estimated
City
free-cash

Valencia , Spain
₽20831
₽51797
₽29973
₽22560
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
-
-
-
244 500
pensions
-
-
-
69 191
other
-
-
-
242
unemployment
-
-
-
1 713
accident
-
-
-
2 198
income
-
-
-
36 996
total
-
-
-
110 340
Employee
152 387
-
185 398
-
pensions
7 164
-
8 712
-
other
149
-
188
-
unemployment
2 362
-
2 870
-
income
29 379
-
37 739
-
total
39 054
-
49 509
-
Employer
152 387
-
185 398
-
pensions
35 960
-
43 758
-
other
1 220
-
1 478
-
unemployment
8 384
-
10 198
-
accident
3 019
-
3 668
-
total
48 583
-
59 102
-
Corporate
43 530
244 500
-
-
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.

6 530
36 672
-
-
total
6 530
36 672
-
-
Dividends
37 000
207 828
-
-
withholding
7 031
42 702
-
-
total
7 031
42 702
-
-
Income
244 500
244 500
244 500
244 500
Total tax
101 198
79 374
108 611
110 340
After tax
143 302
165 126
135 889
134 160
Living cost
113 329
113 329
113 329
113 329
Free-cash
29 973
51 797
22 560
20 831

Estimated living cost  is ₽113329 per month

₽76496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽10894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1986
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.
₽23955
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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