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
₴ 52500
per

Your estimated
City
free-cash

Valencia , Spain
₴21002
₴18261
₴13812
₴13379
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
-
-
-
52 500
unemployment
-
-
-
339
accident
-
-
-
436
income
-
-
-
9 785
pensions
-
-
-
13 708
other
-
-
-
49
total
-
-
-
24 317
Employee
19 324
-
39 809
-
pensions
908
-
1 871
-
unemployment
300
-
617
-
income
3 725
-
9 531
-
other
19
-
40
-
total
4 952
-
12 059
-
Employer
19 324
-
39 809
-
pensions
4 560
-
9 395
-
accident
383
-
788
-
other
155
-
318
-
unemployment
1 063
-
2 190
-
total
6 161
-
12 691
-
Corporate
27 016
52 500
-
-
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.

4 052
7 875
-
-
total
4 052
7 875
-
-
Dividends
22 963
44 625
-
-
withholding
4 703
9 252
-
-
total
4 703
9 252
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 868
17 127
24 750
24 317
After tax
32 632
35 373
27 750
28 183
Living cost
14 371
14 371
14 371
14 371
Free-cash
18 261
21 002
13 379
13 812

Estimated living cost  is ₴14371 per week

₴9700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴3038
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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