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
$ 3550
per

Your estimated
City
free-cash

Valencia , Spain
$777
$579
$552
$1036
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
-
-
-
3 550
unemployment
-
-
-
25
accident
-
-
-
32
pensions
-
-
-
1 005
income
-
-
-
573
other
-
-
-
4
total
-
-
-
1 639
Employee
1 827
-
2 692
-
other
2
-
3
-
income
352
-
584
-
pensions
86
-
126
-
unemployment
28
-
42
-
total
468
-
755
-
Employer
1 827
-
2 692
-
accident
36
-
53
-
unemployment
101
-
148
-
pensions
431
-
635
-
other
15
-
21
-
total
583
-
857
-
Corporate
1 140
3 550
-
-
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.

171
533
-
-
total
171
533
-
-
Dividends
969
3 017
-
-
withholding
192
622
-
-
total
192
622
-
-
Income
3 550
3 550
3 550
3 550
Total tax
1 414
1 155
1 612
1 639
After tax
2 136
2 395
1 938
1 911
Living cost
1 359
1 359
1 359
1 359
Free-cash
777
1 036
579
552

Estimated living cost  is $1359 per month

$917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
$24
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.
$287
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