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
₴ 33000
per

Your estimated
City
free-cash

Madrid , Spain
₴7705
₴5594
₴5667
₴10296
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
-
-
-
33 000
unemployment
-
-
-
221
income
-
-
-
5 943
other
-
-
-
32
accident
-
-
-
284
pensions
-
-
-
8 912
total
-
-
-
15 392
Employee
16 409
-
25 022
-
unemployment
254
-
388
-
pensions
771
-
1 176
-
income
3 427
-
5 899
-
other
16
-
25
-
total
4 468
-
7 488
-
Employer
16 409
-
25 022
-
pensions
3 872
-
5 905
-
accident
325
-
495
-
unemployment
903
-
1 376
-
other
132
-
201
-
total
5 232
-
7 977
-
Corporate
11 360
33 000
-
-
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.

1 704
4 950
-
-
total
1 704
4 950
-
-
Dividends
9 656
28 050
-
-
withholding
1 950
5 813
-
-
total
1 950
5 813
-
-
Income
33 000
33 000
33 000
33 000
Total tax
13 354
10 763
15 465
15 392
After tax
19 646
22 237
17 535
17 608
Living cost
11 941
11 941
11 941
11 941
Free-cash
7 705
10 296
5 594
5 667

Estimated living cost  is ₴11941 per week

₴8575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴2269
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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