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
$ 3800
per

Your estimated
City
free-cash

Valencia , Spain
$1166
$669
$642
$902
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
-
-
-
3 800
accident
-
-
-
34
income
-
-
-
621
other
-
-
-
4
unemployment
-
-
-
27
pensions
-
-
-
1 075
total
-
-
-
1 761
Employee
1 879
-
2 881
-
other
2
-
3
-
unemployment
29
-
45
-
pensions
88
-
135
-
income
362
-
633
-
total
481
-
816
-
Employer
1 879
-
2 881
-
pensions
443
-
680
-
accident
37
-
57
-
unemployment
103
-
158
-
other
15
-
23
-
total
598
-
918
-
Corporate
1 322
3 800
-
-
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.

198
570
-
-
total
198
570
-
-
Dividends
1 124
3 230
-
-
withholding
224
667
-
-
total
224
667
-
-
Income
3 800
3 800
3 800
3 800
Total tax
1 501
1 237
1 734
1 761
After tax
2 299
2 563
2 066
2 039
Living cost
1 398
1 398
1 398
1 398
Free-cash
902
1 166
669
642

Estimated living cost  is $1398 per month

$943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
$134
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.
$295
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