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
₴ 62000
per

Your estimated
City
free-cash

Valencia , Spain
₴28141
₴18634
₴20991
₴25693
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
-
-
-
62 000
accident
-
-
-
409
income
-
-
-
13 898
other
-
-
-
46
unemployment
-
-
-
318
pensions
-
-
-
12 858
total
-
-
-
27 529
Employee
18 126
-
47 515
-
other
18
-
46
-
unemployment
281
-
704
-
pensions
852
-
2 136
-
income
3 495
-
12 514
-
total
4 646
-
15 400
-
Employer
18 126
-
47 515
-
pensions
4 277
-
10 723
-
accident
359
-
900
-
unemployment
997
-
2 499
-
other
145
-
364
-
total
5 778
-
14 486
-
Corporate
38 095
62 000
-
-
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.

5 714
9 300
-
-
total
5 714
9 300
-
-
Dividends
32 381
52 700
-
-
withholding
6 689
11 079
-
-
total
6 689
11 079
-
-
Income
62 000
62 000
62 000
62 000
Total tax
22 827
20 379
29 886
27 529
After tax
39 173
41 621
32 114
34 471
Living cost
13 480
13 480
13 480
13 480
Free-cash
25 693
28 141
18 634
20 991

Estimated living cost  is ₴13480 per week

₴9099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
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.
₴2849
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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