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
₴ 36500
per

Your estimated
City
free-cash

Madrid , Spain
₴10162
₴7227
₴7986
₴12735
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
-
-
-
36 500
unemployment
-
-
-
219
income
-
-
-
7 284
other
-
-
-
31
accident
-
-
-
282
pensions
-
-
-
8 846
total
-
-
-
16 662
Employee
16 287
-
27 677
-
unemployment
252
-
429
-
pensions
765
-
1 301
-
income
3 402
-
6 839
-
other
16
-
28
-
total
4 435
-
8 597
-
Employer
16 287
-
27 677
-
pensions
3 844
-
6 532
-
accident
323
-
548
-
unemployment
896
-
1 523
-
other
131
-
221
-
total
5 194
-
8 824
-
Corporate
15 020
36 500
-
-
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.

2 253
5 475
-
-
total
2 253
5 475
-
-
Dividends
12 767
31 025
-
-
withholding
2 604
6 438
-
-
total
2 604
6 438
-
-
Income
36 500
36 500
36 500
36 500
Total tax
14 486
11 913
17 421
16 662
After tax
22 014
24 587
19 079
19 838
Living cost
11 852
11 852
11 852
11 852
Free-cash
10 162
12 735
7 227
7 986

Estimated living cost  is ₴11852 per week

₴8512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴167
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.
₴2252
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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