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
₴ 27000
per

Your estimated
City
free-cash

Madrid , Spain
-₴5072
₴549
-₴2528
-₴2737
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
-
-
-
27 000
other
-
-
-
27
unemployment
-
-
-
189
income
-
-
-
3 941
pensions
-
-
-
7 641
accident
-
-
-
243
total
-
-
-
12 041
Employee
24 318
-
20 473
-
unemployment
376
-
317
-
other
24
-
20
-
pensions
1 143
-
962
-
income
5 079
-
4 007
-
total
6 622
-
5 306
-
Employer
24 318
-
20 473
-
other
195
-
164
-
accident
482
-
405
-
pensions
5 739
-
4 831
-
unemployment
1 338
-
1 126
-
total
7 754
-
6 526
-
Corporate
-
27 000
-
-
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.

-
4 050
-
-
total
-
4 050
-
-
Dividends
-
22 950
-
-
withholding
-
4 705
-
-
total
-
4 705
-
-
Income
27 000
27 000
27 000
27 000
Total tax
14 376
8 755
11 832
12 041
After tax
12 624
18 245
15 168
14 959
Living cost
17 696
17 696
17 696
17 696
Free-cash
-5 072
549
-2 528
-2 737

Estimated living cost  is ₴17696 per week

₴12709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴3363
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