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
$ 3200
per

Your estimated
City
free-cash

Valencia , Spain
$872
$444
$468
$627
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
-
-
-
3 200
income
-
-
-
509
unemployment
-
-
-
22
other
-
-
-
3
pensions
-
-
-
906
accident
-
-
-
29
total
-
-
-
1 469
Employee
1 730
-
2 426
-
pensions
81
-
114
-
unemployment
27
-
38
-
other
2
-
2
-
income
334
-
519
-
total
444
-
673
-
Employer
1 730
-
2 426
-
accident
34
-
48
-
unemployment
95
-
133
-
pensions
408
-
573
-
other
14
-
19
-
total
551
-
773
-
Corporate
919
3 200
-
-
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.

138
480
-
-
total
138
480
-
-
Dividends
781
2 720
-
-
withholding
153
561
-
-
total
153
561
-
-
Income
3 200
3 200
3 200
3 200
Total tax
1 286
1 041
1 446
1 469
After tax
1 914
2 159
1 754
1 731
Living cost
1 286
1 286
1 286
1 286
Free-cash
627
872
468
444

Estimated living cost  is $1286 per month

$868
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.
$272
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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