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
₽ 62500
per

Your estimated
City
free-cash

Valencia , Spain
₽14447
₽9151
₽6388
₽6832
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
-
-
-
62 500
accident
-
-
-
563
income
-
-
-
9 612
pensions
-
-
-
17 687
other
-
-
-
63
unemployment
-
-
-
437
total
-
-
-
28 362
Employee
37 313
-
47 393
-
other
36
-
48
-
income
7 194
-
9 802
-
pensions
1 754
-
2 227
-
unemployment
578
-
735
-
total
9 562
-
12 812
-
Employer
37 313
-
47 393
-
accident
739
-
938
-
other
299
-
377
-
unemployment
2 053
-
2 606
-
pensions
8 805
-
11 185
-
total
11 896
-
15 106
-
Corporate
13 291
62 500
-
-
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.

1 994
9 376
-
-
total
1 994
9 376
-
-
Dividends
11 298
53 124
-
-
withholding
2 147
10 927
-
-
total
2 147
10 927
-
-
Income
62 500
62 500
62 500
62 500
Total tax
25 599
20 303
27 918
28 362
After tax
36 901
42 197
34 582
34 138
Living cost
27 750
27 750
27 750
27 750
Free-cash
9 151
14 447
6 832
6 388

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽5866
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.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close