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
$ 1000
per

Your estimated
City
free-cash

Valencia , Spain
-$857
-$717
-$1483
-$1117
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
-
-
-
1 000
pensions
-
-
-
310
other
-
-
-
1
unemployment
-
-
-
8
accident
-
-
-
10
income
-
-
-
128
total
-
-
-
457
Employee
1 883
-
458
-
pensions
89
-
80
-
other
2
-
2
-
unemployment
29
-
26
-
income
363
-
66
-
total
483
-
174
-
Employer
1 883
-
458
-
pensions
444
-
401
-
other
15
-
14
-
unemployment
104
-
94
-
accident
37
-
34
-
total
600
-
543
-
Corporate
-
1 000
-
-
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.

-
150
-
-
total
-
150
-
-
Dividends
-
850
-
-
withholding
-
167
-
-
total
-
167
-
-
Income
1 000
1 000
1 000
1 000
Total tax
1 083
317
717
457
After tax
-83
683
283
543
Living cost
1 400
1 400
1 400
1 400
Free-cash
-1 483
-717
-1 117
-857

Estimated living cost  is $1400 per month

$945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$25
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.
$296
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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