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
£ 1250
per

Your estimated
City
free-cash

Madrid , Spain
£451
£336
£381
£516
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
-
-
-
1 250
unemployment
-
-
-
6
income
-
-
-
294
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
239
total
-
-
-
548
Employee
441
-
980
-
unemployment
7
-
13
-
pensions
21
-
40
-
income
92
-
268
-
other
-
-
1
-
total
120
-
322
-
Employer
441
-
980
-
pensions
104
-
200
-
accident
9
-
17
-
unemployment
24
-
47
-
other
4
-
7
-
total
141
-
271
-
Corporate
669
1 250
-
-
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.

100
188
-
-
total
100
188
-
-
Dividends
568
1 062
-
-
withholding
117
225
-
-
total
117
225
-
-
Income
1 250
1 250
1 250
1 250
Total tax
478
413
593
548
After tax
772
837
657
702
Living cost
321
321
321
321
Free-cash
451
516
336
381

Estimated living cost  is £321 per week

£230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
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.
£61
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
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Additional information

Source

[[ row[2] ]] [[ row[0] ]]

Additional information

Source