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
₽34436
₽55415
₽25750
₽24017
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
other
-
-
-
242
unemployment
-
-
-
1 711
income
-
-
-
37 461
pensions
-
-
-
69 192
accident
-
-
-
2 202
total
-
-
-
110 808
Employee
147 473
-
185 397
-
unemployment
2 286
-
2 876
-
other
144
-
182
-
pensions
6 933
-
8 711
-
income
28 432
-
38 203
-
total
37 795
-
49 972
-
Employer
147 473
-
185 397
-
other
1 181
-
1 483
-
accident
2 921
-
3 671
-
pensions
34 801
-
43 754
-
unemployment
8 114
-
10 195
-
total
47 017
-
59 103
-
Corporate
50 011
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.

7 501
36 678
-
-
total
7 501
36 678
-
-
Dividends
42 511
207 822
-
-
withholding
8 076
42 732
-
-
total
8 076
42 732
-
-
Income
244 500
244 500
244 500
244 500
Total tax
100 389
79 410
109 075
110 808
After tax
144 111
165 090
135 425
133 692
Living cost
109 675
109 675
109 675
109 675
Free-cash
34 436
55 415
25 750
24 017

Estimated living cost  is ₽109675 per month

₽74029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽10543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1922
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.
₽23183
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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