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
₽ 46500
per

Your estimated
City
free-cash

Valencia , Spain
-₽70132
-₽103081
-₽134644
-₽83893
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
-
-
-
46 500
accident
-
-
-
719
unemployment
-
-
-
557
pensions
-
-
-
22 608
other
-
-
-
78
income
-
-
-
4 279
total
-
-
-
28 241
Employee
137 357
-
6 952
-
pensions
6 457
-
5 830
-
income
26 481
-
-
-
unemployment
2 129
-
1 925
-
other
134
-
127
-
total
35 201
-
7 882
-
Employer
137 357
-
6 952
-
other
1 100
-
994
-
unemployment
7 557
-
6 824
-
accident
2 721
-
2 453
-
pensions
32 413
-
29 276
-
total
43 791
-
39 547
-
Corporate
-
46 500
-
-
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.

-
6 972
-
-
total
-
6 972
-
-
Dividends
-
39 528
-
-
withholding
-
7 508
-
-
total
-
7 508
-
-
Income
46 500
46 500
46 500
46 500
Total tax
78 992
14 480
47 429
28 241
After tax
-32 492
32 020
-929
18 259
Living cost
102 152
102 152
102 152
102 152
Free-cash
-134 644
-70 132
-103 081
-83 893

Estimated living cost  is ₽102152 per month

₽68951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽9820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1791
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.
₽21593
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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