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
₴ 88000
per

Your estimated
City
free-cash

Valencia , Spain
₴42664
₴44877
₴33501
₴35604
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
-
-
-
88 000
other
-
-
-
47
unemployment
-
-
-
325
income
-
-
-
24 673
pensions
-
-
-
13 148
accident
-
-
-
419
total
-
-
-
38 612
Employee
18 534
-
73 189
-
unemployment
287
-
720
-
other
18
-
47
-
pensions
871
-
2 184
-
income
3 573
-
22 952
-
total
4 749
-
25 903
-
Employer
18 534
-
73 189
-
other
148
-
372
-
accident
367
-
920
-
pensions
4 374
-
10 965
-
unemployment
1 020
-
2 555
-
total
5 909
-
14 812
-
Corporate
63 557
88 000
-
-
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.

9 534
13 200
-
-
total
9 534
13 200
-
-
Dividends
54 023
74 800
-
-
withholding
11 360
16 139
-
-
total
11 360
16 139
-
-
Income
88 000
88 000
88 000
88 000
Total tax
31 552
29 339
40 715
38 612
After tax
56 448
58 661
47 285
49 388
Living cost
13 784
13 784
13 784
13 784
Free-cash
42 664
44 877
33 501
35 604

Estimated living cost  is ₴13784 per week

₴9304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
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.
₴2914
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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