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
₴ 41000
per

Your estimated
City
free-cash

Valencia , Spain
₴15917
₴13685
₴10130
₴10104
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
-
-
-
41 000
accident
-
-
-
356
income
-
-
-
7 314
pensions
-
-
-
11 172
other
-
-
-
40
unemployment
-
-
-
276
total
-
-
-
19 158
Employee
15 749
-
31 089
-
other
15
-
31
-
income
3 036
-
7 298
-
pensions
740
-
1 461
-
unemployment
244
-
482
-
total
4 035
-
9 272
-
Employer
15 749
-
31 089
-
accident
312
-
616
-
other
126
-
249
-
unemployment
866
-
1 710
-
pensions
3 716
-
7 337
-
total
5 020
-
9 912
-
Corporate
20 230
41 000
-
-
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.

3 034
6 150
-
-
total
3 034
6 150
-
-
Dividends
17 196
34 850
-
-
withholding
3 514
7 221
-
-
total
3 514
7 221
-
-
Income
41 000
41 000
41 000
41 000
Total tax
15 603
13 371
19 184
19 158
After tax
25 397
27 629
21 816
21 842
Living cost
11 712
11 712
11 712
11 712
Free-cash
13 685
15 917
10 104
10 130

Estimated living cost  is ₴11712 per week

₴7906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
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.
₴2476
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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