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
₴ 50000
per

Your estimated
City
free-cash

Valencia , Spain
₴21925
₴15811
₴14135
₴19735
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
-
-
-
50 000
income
-
-
-
10 648
unemployment
-
-
-
276
other
-
-
-
40
pensions
-
-
-
11 165
accident
-
-
-
355
total
-
-
-
22 484
Employee
15 739
-
37 913
-
pensions
740
-
1 782
-
unemployment
244
-
588
-
other
15
-
38
-
income
3 034
-
9 665
-
total
4 033
-
12 073
-
Employer
15 739
-
37 913
-
accident
312
-
750
-
unemployment
866
-
2 085
-
pensions
3 714
-
8 948
-
other
126
-
304
-
total
5 018
-
12 087
-
Corporate
29 243
50 000
-
-
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.

4 386
7 500
-
-
total
4 386
7 500
-
-
Dividends
24 857
42 500
-
-
withholding
5 123
8 870
-
-
total
5 123
8 870
-
-
Income
50 000
50 000
50 000
50 000
Total tax
18 560
16 370
24 160
22 484
After tax
31 440
33 630
25 840
27 516
Living cost
11 705
11 705
11 705
11 705
Free-cash
19 735
21 925
14 135
15 811

Estimated living cost  is ₴11705 per week

₴7901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1125
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.
₴2474
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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