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
£ 1050
per

Your estimated
City
free-cash

Madrid , Spain
£233
£396
£270
£333
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
-
-
-
1 050
other
-
-
-
1
accident
-
-
-
7
income
-
-
-
226
pensions
-
-
-
231
unemployment
-
-
-
6
total
-
-
-
471
Employee
425
-
796
-
income
89
-
204
-
other
-
-
1
-
pensions
20
-
37
-
unemployment
7
-
12
-
total
116
-
254
-
Employer
425
-
796
-
other
3
-
6
-
unemployment
23
-
44
-
accident
8
-
16
-
pensions
100
-
188
-
total
134
-
254
-
Corporate
489
1 050
-
-
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.

73
158
-
-
total
73
158
-
-
Dividends
416
892
-
-
withholding
85
187
-
-
total
85
187
-
-
Income
1 050
1 050
1 050
1 050
Total tax
408
345
508
471
After tax
642
705
542
579
Living cost
309
309
309
309
Free-cash
333
396
233
270

Estimated living cost  is £309 per week

£222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
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.
£59
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 Madrid 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