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
₴ 70500
per

Your estimated
City
free-cash

Valencia , Spain
₴33037
₴30545
₴25378
₴22895
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
-
-
-
70 500
unemployment
-
-
-
335
accident
-
-
-
431
income
-
-
-
16 558
pensions
-
-
-
13 547
other
-
-
-
48
total
-
-
-
30 919
Employee
19 097
-
55 239
-
pensions
898
-
2 250
-
unemployment
296
-
742
-
income
3 682
-
15 100
-
other
19
-
48
-
total
4 895
-
18 140
-
Employer
19 097
-
55 239
-
pensions
4 507
-
11 298
-
accident
378
-
948
-
other
153
-
383
-
unemployment
1 051
-
2 633
-
total
6 089
-
15 262
-
Corporate
45 314
70 500
-
-
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.

6 797
10 575
-
-
total
6 797
10 575
-
-
Dividends
38 517
59 925
-
-
withholding
7 971
12 685
-
-
total
7 971
12 685
-
-
Income
70 500
70 500
70 500
70 500
Total tax
25 752
23 260
33 402
30 919
After tax
44 748
47 240
37 098
39 581
Living cost
14 203
14 203
14 203
14 203
Free-cash
30 545
33 037
22 895
25 378

Estimated living cost  is ₴14203 per week

₴9587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴3002
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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