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
₴34012
₴27182
₴28607
₴36235
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
unemployment
-
-
-
220
income
-
-
-
22 509
other
-
-
-
32
accident
-
-
-
284
pensions
-
-
-
8 910
total
-
-
-
31 955
Employee
16 406
-
62 462
-
unemployment
254
-
488
-
pensions
771
-
1 480
-
income
3 427
-
21 343
-
other
16
-
32
-
total
4 468
-
23 343
-
Employer
16 406
-
62 462
-
pensions
3 872
-
7 431
-
accident
325
-
623
-
unemployment
902
-
1 731
-
other
132
-
252
-
total
5 231
-
10 037
-
Corporate
50 864
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.

7 629
10 875
-
-
total
7 629
10 875
-
-
Dividends
43 234
61 625
-
-
withholding
9 222
13 452
-
-
total
9 222
13 452
-
-
Income
72 500
72 500
72 500
72 500
Total tax
26 550
24 327
33 380
31 955
After tax
45 950
48 173
39 120
40 545
Living cost
11 938
11 938
11 938
11 938
Free-cash
34 012
36 235
27 182
28 607

Estimated living cost  is ₴11938 per week

₴8574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴2268
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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