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
₴ 19500
per

Your estimated
City
free-cash

Madrid , Spain
-₴13166
-₴4813
-₴7576
-₴7042
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
-
-
-
19 500
other
-
-
-
19
unemployment
-
-
-
136
income
-
-
-
2 670
pensions
-
-
-
5 518
accident
-
-
-
175
total
-
-
-
8 518
Employee
24 768
-
14 040
-
unemployment
383
-
266
-
other
24
-
18
-
pensions
1 164
-
805
-
income
5 173
-
2 503
-
total
6 744
-
3 592
-
Employer
24 768
-
14 040
-
other
199
-
137
-
accident
491
-
339
-
pensions
5 845
-
4 042
-
unemployment
1 363
-
942
-
total
7 898
-
5 460
-
Corporate
-
19 500
-
-
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.

-
2 925
-
-
total
-
2 925
-
-
Dividends
-
16 575
-
-
withholding
-
3 364
-
-
total
-
3 364
-
-
Income
19 500
19 500
19 500
19 500
Total tax
14 642
6 289
9 052
8 518
After tax
4 858
13 211
10 448
10 982
Living cost
18 024
18 024
18 024
18 024
Free-cash
-13 166
-4 813
-7 576
-7 042

Estimated living cost  is ₴18024 per week

₴12944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
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.
₴3425
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