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
₴ 46000
per

Your estimated
City
free-cash

Madrid , Spain
₴8843
₴12796
₴6460
₴6132
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
-
-
-
46 000
other
-
-
-
46
unemployment
-
-
-
322
income
-
-
-
7 857
pensions
-
-
-
13 018
accident
-
-
-
414
total
-
-
-
21 657
Employee
25 026
-
34 880
-
unemployment
387
-
541
-
other
25
-
34
-
pensions
1 176
-
1 639
-
income
5 227
-
7 995
-
total
6 815
-
10 209
-
Employer
25 026
-
34 880
-
other
201
-
279
-
accident
496
-
690
-
pensions
5 906
-
8 232
-
unemployment
1 377
-
1 919
-
total
7 980
-
11 120
-
Corporate
12 995
46 000
-
-
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.

1 949
6 900
-
-
total
1 949
6 900
-
-
Dividends
11 046
39 100
-
-
withholding
2 202
8 093
-
-
total
2 202
8 093
-
-
Income
46 000
46 000
46 000
46 000
Total tax
18 946
14 993
21 329
21 657
After tax
27 054
31 007
24 671
24 343
Living cost
18 211
18 211
18 211
18 211
Free-cash
8 843
12 796
6 460
6 132

Estimated living cost  is ₴18211 per week

₴13079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3460
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