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
₽ 56000
per

Your estimated
City
free-cash

Valencia , Spain
₽6520
₽4919
₽4522
₽11579
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
-
-
-
56 000
unemployment
-
-
-
391
accident
-
-
-
503
pensions
-
-
-
15 849
income
-
-
-
8 438
other
-
-
-
56
total
-
-
-
25 237
Employee
35 284
-
42 462
-
other
34
-
42
-
income
6 803
-
8 608
-
pensions
1 659
-
1 996
-
unemployment
547
-
657
-
total
9 043
-
11 303
-
Employer
35 284
-
42 462
-
accident
699
-
840
-
unemployment
1 941
-
2 336
-
pensions
8 326
-
10 021
-
other
282
-
340
-
total
11 248
-
13 537
-
Corporate
9 466
56 000
-
-
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.

1 420
8 401
-
-
total
1 420
8 401
-
-
Dividends
8 047
47 599
-
-
withholding
1 528
9 779
-
-
total
1 528
9 779
-
-
Income
56 000
56 000
56 000
56 000
Total tax
23 239
18 180
24 840
25 237
After tax
32 761
37 820
31 160
30 763
Living cost
26 241
26 241
26 241
26 241
Free-cash
6 520
11 579
4 919
4 522

Estimated living cost  is ₽26241 per week

₽17712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽5547
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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