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
₴ 57000
per

Your estimated
City
free-cash

Madrid , Spain
₴16238
₴12856
₴20189
₴11522
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
-
-
-
57 000
accident
-
-
-
433
unemployment
-
-
-
336
pensions
-
-
-
13 587
other
-
-
-
48
income
-
-
-
11 535
total
-
-
-
25 939
Employee
25 017
-
43 220
-
pensions
1 176
-
2 031
-
other
25
-
43
-
income
5 225
-
10 751
-
unemployment
387
-
669
-
total
6 813
-
13 494
-
Employer
25 017
-
43 220
-
accident
495
-
856
-
other
201
-
346
-
unemployment
1 376
-
2 377
-
pensions
5 904
-
10 200
-
total
7 976
-
13 779
-
Corporate
24 007
57 000
-
-
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.

3 601
8 550
-
-
total
3 601
8 550
-
-
Dividends
20 406
48 450
-
-
withholding
4 167
10 056
-
-
total
4 167
10 056
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 557
18 606
27 273
25 939
After tax
34 443
38 394
29 727
31 061
Living cost
18 205
18 205
18 205
18 205
Free-cash
16 238
20 189
11 522
12 856

Estimated living cost  is ₴18205 per week

₴13074
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.
₴3459
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