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
₴ 16500
per

Your estimated
City
free-cash

Valencia , Spain
-₴631
-₴4440
-₴2524
-₴2929
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
-
-
-
16 500
accident
-
-
-
148
income
-
-
-
2 265
pensions
-
-
-
4 670
other
-
-
-
16
unemployment
-
-
-
116
total
-
-
-
7 215
Employee
15 879
-
11 928
-
other
15
-
15
-
income
3 061
-
2 137
-
pensions
746
-
674
-
unemployment
246
-
222
-
total
4 068
-
3 048
-
Employer
15 879
-
11 928
-
accident
315
-
284
-
other
127
-
115
-
unemployment
874
-
789
-
pensions
3 747
-
3 384
-
total
5 063
-
4 572
-
Corporate
-
16 500
-
-
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.

-
2 475
-
-
total
-
2 475
-
-
Dividends
-
14 025
-
-
withholding
-
2 847
-
-
total
-
2 847
-
-
Income
16 500
16 500
16 500
16 500
Total tax
9 131
5 322
7 620
7 215
After tax
7 369
11 178
8 880
9 285
Living cost
11 809
11 809
11 809
11 809
Free-cash
-4 440
-631
-2 929
-2 524

Estimated living cost  is ₴11809 per week

₴7971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
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.
₴2496
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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