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
₴ 22500
per

Your estimated
City
free-cash

Valencia , Spain
₴3391
₴1067
₴663
₴837
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
-
-
-
22 500
accident
-
-
-
202
income
-
-
-
3 272
pensions
-
-
-
6 368
other
-
-
-
23
unemployment
-
-
-
157
total
-
-
-
10 022
Employee
15 887
-
17 061
-
other
15
-
17
-
income
3 063
-
3 327
-
pensions
747
-
801
-
unemployment
246
-
264
-
total
4 071
-
4 409
-
Employer
15 887
-
17 061
-
accident
315
-
338
-
other
127
-
137
-
unemployment
874
-
938
-
pensions
3 749
-
4 026
-
total
5 065
-
5 439
-
Corporate
1 548
22 500
-
-
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.

232
3 375
-
-
total
232
3 375
-
-
Dividends
1 316
19 125
-
-
withholding
250
3 919
-
-
total
250
3 919
-
-
Income
22 500
22 500
22 500
22 500
Total tax
9 618
7 294
9 848
10 022
After tax
12 882
15 206
12 652
12 478
Living cost
11 815
11 815
11 815
11 815
Free-cash
1 067
3 391
837
663

Estimated living cost  is ₴11815 per week

₴7975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1136
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.
₴2497
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