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
₴4287
₴2989
₴7018
₴3209
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
unemployment
-
-
-
220
pensions
-
-
-
8 914
other
-
-
-
31
income
-
-
-
4 810
total
-
-
-
14 258
Employee
19 165
-
23 884
-
pensions
901
-
1 122
-
other
19
-
24
-
income
3 695
-
4 906
-
unemployment
297
-
370
-
total
4 912
-
6 422
-
Employer
19 165
-
23 884
-
accident
380
-
473
-
other
153
-
192
-
unemployment
1 054
-
1 314
-
pensions
4 523
-
5 637
-
total
6 110
-
7 616
-
Corporate
6 225
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.

933
4 725
-
-
total
933
4 725
-
-
Dividends
5 291
26 775
-
-
withholding
1 005
5 504
-
-
total
1 005
5 504
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 960
10 229
14 038
14 258
After tax
18 540
21 271
17 462
17 242
Living cost
14 253
14 253
14 253
14 253
Free-cash
4 287
7 018
3 209
2 989

Estimated living cost  is ₴14253 per week

₴9621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
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.
₴3013
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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