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
₴ 31500
per

Your estimated
City
free-cash

Valencia , Spain
₴7501
₴3635
₴3413
₴4876
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
-
-
-
31 500
accident
-
-
-
283
income
-
-
-
4 873
other
-
-
-
31
unemployment
-
-
-
220
pensions
-
-
-
8 915
total
-
-
-
14 322
Employee
18 509
-
23 886
-
other
18
-
24
-
unemployment
287
-
370
-
pensions
870
-
1 123
-
income
3 568
-
4 968
-
total
4 743
-
6 485
-
Employer
18 509
-
23 886
-
pensions
4 368
-
5 637
-
accident
367
-
473
-
unemployment
1 018
-
1 314
-
other
148
-
191
-
total
5 901
-
7 615
-
Corporate
7 090
31 500
-
-
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.

1 064
4 725
-
-
total
1 064
4 725
-
-
Dividends
6 027
26 775
-
-
withholding
1 151
5 509
-
-
total
1 151
5 509
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 859
10 234
14 100
14 322
After tax
18 641
21 266
17 400
17 178
Living cost
13 765
13 765
13 765
13 765
Free-cash
4 876
7 501
3 635
3 413

Estimated living cost  is ₴13765 per week

₴9291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
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.
₴2910
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