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
₽ 261500

per

Your estimated

Best value All models

City

free-cash

Valencia , Spain

₽55686

₽32427

₽22531

₽24383

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

261 500

accident

2 353

income

39 614

pensions

74 004

other

259

unemployment

1 827

total

118 057

Employee

162 582

198 277

other

159

200

income

31 345

40 398

pensions

7 643

9 320

unemployment

2 520

3 071

total

41 667

52 989

Employer

162 582

198 277

accident

3 221

3 922

other

1 302

1 594

unemployment

8 945

10 906

pensions

38 366

46 794

total

51 834

63 216

Corporate

47 085

261 500

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.

7 059

39 226

total

7 059

39 226

Dividends

40 025

222 274

withholding

7 601

45 676

total

7 601

45 676

Income

261 500

Total tax

108 161

84 902

116 205

118 057

After tax

153 339

176 598

145 295

143 443

Living cost

120 912

Free-cash

32 427

55 686

24 383

22 531

Estimated living cost is ₽120912 per month

₽81613

Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.

₽11623

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

₽2119

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.

₽25558

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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