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
₴ 67000
per

Your estimated
City
free-cash

Madrid , Spain
₴26870
₴16849
₴23113
₴19322
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
-
-
-
67 000
income
-
-
-
15 304
pensions
-
-
-
13 489
unemployment
-
-
-
334
other
-
-
-
48
accident
-
-
-
429
total
-
-
-
29 604
Employee
24 837
-
51 804
-
unemployment
385
-
739
-
income
5 188
-
13 852
-
pensions
1 167
-
2 241
-
other
24
-
48
-
total
6 764
-
16 880
-
Employer
24 837
-
51 804
-
unemployment
1 366
-
2 621
-
pensions
5 861
-
11 250
-
accident
492
-
944
-
other
199
-
382
-
total
7 918
-
15 197
-
Corporate
34 244
67 000
-
-
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.

5 136
10 050
-
-
total
5 136
10 050
-
-
Dividends
29 108
56 950
-
-
withholding
5 995
12 006
-
-
total
5 995
12 006
-
-
Income
67 000
67 000
67 000
67 000
Total tax
25 813
22 056
32 077
29 604
After tax
41 187
44 944
34 923
37 396
Living cost
18 074
18 074
18 074
18 074
Free-cash
23 113
26 870
16 849
19 322

Estimated living cost  is ₴18074 per week

₴12980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3434
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