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
$ 1550
per

Your estimated
City
free-cash

Valencia , Spain
$547
$719
$662
$491
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
-
-
-
1 550
accident
-
-
-
10
other
-
-
-
1
pensions
-
-
-
305
unemployment
-
-
-
8
income
-
-
-
359
total
-
-
-
683
Employee
431
-
1 206
-
pensions
20
-
51
-
unemployment
7
-
17
-
other
-
-
1
-
income
83
-
326
-
total
110
-
395
-
Employer
431
-
1 206
-
accident
9
-
21
-
pensions
102
-
255
-
other
3
-
9
-
unemployment
24
-
59
-
total
138
-
344
-
Corporate
982
1 550
-
-
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.

147
233
-
-
total
147
233
-
-
Dividends
835
1 317
-
-
withholding
173
278
-
-
total
173
278
-
-
Income
1 550
1 550
1 550
1 550
Total tax
568
511
739
683
After tax
982
1 039
811
867
Living cost
320
320
320
320
Free-cash
662
719
491
547

Estimated living cost  is $320 per week

$216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$6
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.
$68
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.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close