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
₴ 27500
per

Your estimated
City
free-cash

Valencia , Spain
₴988
₴777
₴4112
₴1261
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
-
-
-
27 500
accident
-
-
-
248
income
-
-
-
3 998
unemployment
-
-
-
193
other
-
-
-
28
pensions
-
-
-
7 782
total
-
-
-
12 249
Employee
19 463
-
20 852
-
income
3 752
-
4 065
-
pensions
915
-
980
-
unemployment
302
-
324
-
other
19
-
21
-
total
4 988
-
5 390
-
Employer
19 463
-
20 852
-
other
156
-
167
-
unemployment
1 071
-
1 147
-
pensions
4 593
-
4 921
-
accident
386
-
413
-
total
6 206
-
6 648
-
Corporate
1 832
27 500
-
-
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.

275
4 125
-
-
total
275
4 125
-
-
Dividends
1 558
23 375
-
-
withholding
296
4 789
-
-
total
296
4 789
-
-
Income
27 500
27 500
27 500
27 500
Total tax
11 765
8 914
12 038
12 249
After tax
15 735
18 586
15 462
15 251
Living cost
14 474
14 474
14 474
14 474
Free-cash
1 261
4 112
988
777

Estimated living cost  is ₴14474 per week

₴9770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
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.
₴3060
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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