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
$ 2800
per

Your estimated
City
free-cash

Valencia , Spain
$600
$350
$244
$264
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
-
-
-
2 800
accident
-
-
-
25
income
-
-
-
425
pensions
-
-
-
792
other
-
-
-
3
unemployment
-
-
-
20
total
-
-
-
1 265
Employee
1 735
-
2 123
-
other
2
-
2
-
income
335
-
433
-
pensions
82
-
100
-
unemployment
27
-
33
-
total
446
-
568
-
Employer
1 735
-
2 123
-
accident
34
-
42
-
other
14
-
17
-
unemployment
95
-
117
-
pensions
410
-
501
-
total
553
-
677
-
Corporate
511
2 800
-
-
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.

77
420
-
-
total
77
420
-
-
Dividends
435
2 380
-
-
withholding
83
489
-
-
total
83
489
-
-
Income
2 800
2 800
2 800
2 800
Total tax
1 159
909
1 245
1 265
After tax
1 641
1 891
1 555
1 535
Living cost
1 291
1 291
1 291
1 291
Free-cash
350
600
264
244

Estimated living cost  is $1291 per month

$871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$23
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.
$273
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