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
₴ 64000
per

Your estimated
City
free-cash

Madrid , Spain
₴18474
₴25681
₴22096
₴16116
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
-
-
-
64 000
pensions
-
-
-
12 875
other
-
-
-
46
unemployment
-
-
-
319
accident
-
-
-
410
income
-
-
-
14 626
total
-
-
-
28 276
Employee
23 705
-
49 496
-
pensions
1 114
-
2 139
-
other
23
-
46
-
unemployment
367
-
705
-
income
4 951
-
13 240
-
total
6 455
-
16 130
-
Employer
23 705
-
49 496
-
pensions
5 594
-
10 737
-
other
190
-
364
-
unemployment
1 304
-
2 502
-
accident
469
-
901
-
total
7 557
-
14 504
-
Corporate
32 737
64 000
-
-
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.

4 911
9 600
-
-
total
4 911
9 600
-
-
Dividends
27 826
54 400
-
-
withholding
5 731
11 469
-
-
total
5 731
11 469
-
-
Income
64 000
64 000
64 000
64 000
Total tax
24 654
21 069
30 634
28 276
After tax
39 346
42 931
33 366
35 724
Living cost
17 250
17 250
17 250
17 250
Free-cash
22 096
25 681
16 116
18 474

Estimated living cost  is ₴17250 per week

₴12388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3278
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