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
₴26863
₴30517
₴20383
₴22849
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
-
-
-
333
income
-
-
-
17 364
pensions
-
-
-
13 453
accident
-
-
-
428
total
-
-
-
31 626
Employee
24 770
-
57 345
-
unemployment
383
-
737
-
other
24
-
48
-
pensions
1 164
-
2 235
-
income
5 174
-
15 917
-
total
6 745
-
18 937
-
Employer
24 770
-
57 345
-
other
199
-
381
-
accident
491
-
941
-
pensions
5 846
-
11 219
-
unemployment
1 363
-
2 614
-
total
7 899
-
15 155
-
Corporate
39 832
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.

5 975
10 875
-
-
total
5 975
10 875
-
-
Dividends
33 857
61 625
-
-
withholding
6 993
13 083
-
-
total
6 993
13 083
-
-
Income
72 500
72 500
72 500
72 500
Total tax
27 612
23 958
34 092
31 626
After tax
44 888
48 542
38 408
40 874
Living cost
18 025
18 025
18 025
18 025
Free-cash
26 863
30 517
20 383
22 849

Estimated living cost  is ₴18025 per week

₴12945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
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.
₴3425
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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Estimated living cost

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