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
₴ 25500
per

Your estimated
City
free-cash

Madrid , Spain
-₴6023
-₴3048
-₴158
-₴3241
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
-
-
-
25 500
accident
-
-
-
229
income
-
-
-
3 699
pensions
-
-
-
7 216
other
-
-
-
25
unemployment
-
-
-
178
total
-
-
-
11 347
Employee
23 903
-
19 336
-
unemployment
370
-
300
-
pensions
1 123
-
909
-
income
4 992
-
3 761
-
other
23
-
20
-
total
6 508
-
4 990
-
Employer
23 903
-
19 336
-
pensions
5 641
-
4 563
-
other
192
-
155
-
unemployment
1 315
-
1 063
-
accident
473
-
383
-
total
7 621
-
6 164
-
Corporate
-
25 500
-
-
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.

-
3 825
-
-
total
-
3 825
-
-
Dividends
-
21 675
-
-
withholding
-
4 439
-
-
total
-
4 439
-
-
Income
25 500
25 500
25 500
25 500
Total tax
14 129
8 264
11 154
11 347
After tax
11 371
17 236
14 346
14 153
Living cost
17 394
17 394
17 394
17 394
Free-cash
-6 023
-158
-3 048
-3 241

Estimated living cost  is ₴17394 per week

₴12492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
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.
₴3305
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.
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Source of data for Madrid model

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Estimated living cost

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