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
₴ 72500
per

Your estimated
City
free-cash

Madrid , Spain
₴26557
₴30277
₴20028
₴22528
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
-
-
-
72 500
other
-
-
-
48
unemployment
-
-
-
338
income
-
-
-
17 231
pensions
-
-
-
13 642
accident
-
-
-
434
total
-
-
-
31 693
Employee
25 118
-
57 132
-
unemployment
389
-
747
-
other
25
-
48
-
pensions
1 180
-
2 266
-
income
5 246
-
15 764
-
total
6 840
-
18 825
-
Employer
25 118
-
57 132
-
other
201
-
386
-
accident
497
-
954
-
pensions
5 928
-
11 377
-
unemployment
1 382
-
2 651
-
total
8 008
-
15 368
-
Corporate
39 373
72 500
-
-
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.

5 906
10 875
-
-
total
5 906
10 875
-
-
Dividends
33 467
61 625
-
-
withholding
6 910
13 069
-
-
total
6 910
13 069
-
-
Income
72 500
72 500
72 500
72 500
Total tax
27 664
23 944
34 193
31 693
After tax
44 836
48 556
38 307
40 807
Living cost
18 279
18 279
18 279
18 279
Free-cash
26 557
30 277
20 028
22 528

Estimated living cost  is ₴18279 per week

₴13127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3473
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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Source of data for Madrid model

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