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
₴22261
₴26301
₴19731
₴30080
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
-
-
-
49
pensions
-
-
-
13 800
income
-
-
-
17 120
accident
-
-
-
439
unemployment
-
-
-
341
total
-
-
-
31 749
Employee
25 409
-
56 954
-
pensions
1 194
-
2 292
-
income
5 307
-
15 636
-
other
25
-
49
-
unemployment
393
-
756
-
total
6 919
-
18 733
-
Employer
25 409
-
56 954
-
pensions
5 996
-
11 509
-
other
204
-
390
-
unemployment
1 398
-
2 682
-
accident
503
-
965
-
total
8 101
-
15 546
-
Corporate
38 990
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.

5 849
10 875
-
-
total
5 849
10 875
-
-
Dividends
33 141
61 625
-
-
withholding
6 840
13 055
-
-
total
6 840
13 055
-
-
Income
72 500
72 500
72 500
72 500
Total tax
27 709
23 930
34 279
31 749
After tax
44 791
48 570
38 221
40 751
Living cost
18 490
18 490
18 490
18 490
Free-cash
26 301
30 080
19 731
22 261

Estimated living cost  is ₴18490 per week

₴13279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴3513
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